The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Scotland region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 27 September 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
27 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 122 130 129
Rank change year-on-year
+8 -1
Contract jobs citing Solvency II 2 4 4
As % of all contract IT jobs located in Scotland 0.091% 0.13% 0.15%
As % of the Quality Assurance & Compliance category 0.95% 1.30% 1.48%
Number of daily rates quoted 2 3 2
Median daily rate £700 £538 £450
Median daily rate % change year-on-year
+30.23% +19.44%
90% offered a daily rate of more than £520 £368 £390
10% offered a daily rate of more than £880 £548 £510
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
UK

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Scotland region.

Quality Assurance & Compliance Category
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
210 308 270
As % of all contract IT jobs located in Scotland 9.51% 9.66% 9.89%
Number of daily rates quoted 107 151 156
Median daily rate £393 £375 £375
Median daily rate % change year-on-year
+4.66% -
90% offered a daily rate of more than £157 £216 £174
10% offered a daily rate of more than £475 £475 £550
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 16 6 8
Median hourly rate £35.25 £36.25 £15.77
Median hourly rate % change year-on-year
-2.75% +129.86%
90% offered a hourly rate of more than £17.65 £28.85 £11.80
10% offered a hourly rate of more than £49.00 £46.70 £67.00
UK excluding London median hourly rate £30.00 £30.00 £20.00
% change year-on-year
- +50.00%

Solvency II
Jobs Demand Trend in Scotland

The demand trend of contract jobs across the Scotland region citing Solvency II as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in Scotland

Solvency II
Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the Scotland region.

Solvency II Daily Rate Trend in Scotland

Solvency II
Daily Rate Histogram in Scotland

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the Scotland region over the 3 months to 27 September 2016.

Solvency II Daily Rate Histogram in Scotland

Solvency II
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II within the Scotland region over the 3 months to 27 September 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh +16 2 £700 +115.38%
Solvency II
UK

Solvency II
Top 16 Related IT Skills in Scotland

For the 6 months to 27 September 2016, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Scotland region with a requirement for Solvency II.

1 3 (60.00%) Stakeholder Management
2 2 (40.00%) Finance
2 2 (40.00%) Validation
2 2 (40.00%) Banking
2 2 (40.00%) FitNesse
2 2 (40.00%) Test Scripting
2 2 (40.00%) Markit EDM
3 1 (20.00%) Portfolio Management
3 1 (20.00%) Process Improvement
3 1 (20.00%) Continuous Integration
3 1 (20.00%) Test Automation
3 1 (20.00%) Change Management
3 1 (20.00%) SQL
3 1 (20.00%) HP UFT
3 1 (20.00%) Investment Banking
3 1 (20.00%) Agile Software Development

Solvency II
Top Related IT Skills in Scotland by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 2 (40.00%) Markit EDM
Development Applications
1 2 (40.00%) FitNesse
2 1 (20.00%) HP UFT
General
1 2 (40.00%) Banking
1 2 (40.00%) Finance
2 1 (20.00%) Investment Banking
Job Titles
1 3 (60.00%) Project Manager
2 2 (40.00%) Analyst
2 2 (40.00%) Solvency II Project Manager
2 2 (40.00%) Test Analyst
3 1 (20.00%) Programme Manager
3 1 (20.00%) Senior Manager
3 1 (20.00%) Senior Programme Manager
3 1 (20.00%) Senior Project Manager
3 1 (20.00%) Solvency II Programme Manager
Processes & Methodologies
1 3 (60.00%) Stakeholder Management
2 2 (40.00%) Test Scripting
2 2 (40.00%) Validation
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Change Management
3 1 (20.00%) Continuous Integration
3 1 (20.00%) Portfolio Management
3 1 (20.00%) Process Improvement
3 1 (20.00%) Test Automation
Programming Languages
1 1 (20.00%) SQL