The first table below looks at the demand for Solvency II skills in IT contracts advertised for the Scotland region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the Scotland region.

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.

Location
3 months to
29 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank - 109 105
Contract jobs citing Solvency II 0 1 6
As % of all contract IT jobs located in Scotland - 0.041% 0.23%
As % of the Quality Assurance & Compliance category - 0.63% 3.80%
Number of daily rates quoted 0 1 2
Average daily rate
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- £500 £336
Average daily rate % change year-on-year
- +48.69%
UK excluding London average daily rate £450 £423 £418
% change year-on-year
+6.50% +1.19%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
171 160 158
As % of all contract IT jobs located in Scotland 6.22% 6.49% 6.04%
Number of daily rates quoted 89 78 52
Average daily rate £400 £350 £338
Average daily rate % change year-on-year
+14.28% +3.70%
90% offered a daily rate of more than £250 £190 £265
10% offered a daily rate of more than £550 £525 £475
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 8 12 22
Average hourly rate £20.00 £9.25 £12.42
Average hourly rate % change year-on-year
+116.21% -25.52%
90% offered a hourly rate of more than £12.05 £9.03 £9.50
10% offered a hourly rate of more than £22.95 £13.83 £17.48
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%
Solvency II
UK

Solvency II
Jobs Demand Trend in Scotland

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Scotland region as a proportion of the total demand within 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
Top 19 Related IT Skills in Scotland

For the 6 months to 29 July 2014, IT contractor jobs across the Scotland region citing Solvency II also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Solvency II.

1 6 (100.00%) Finance
2 3 (50.00%) Investment Management
2 3 (50.00%) Business Analysis
2 3 (50.00%) MiFID
2 3 (50.00%) Sarbanes-Oxley
2 3 (50.00%) Basel II
2 3 (50.00%) Stakeholder Management
3 2 (33.33%) Data Governance
4 1 (16.67%) Data Quality
4 1 (16.67%) Root Cause Analysis
4 1 (16.67%) Legal
4 1 (16.67%) User Acceptance Testing
4 1 (16.67%) Change Management
4 1 (16.67%) Oracle
4 1 (16.67%) SQL Server
4 1 (16.67%) Data Modelling
4 1 (16.67%) Project Management
4 1 (16.67%) Banking
4 1 (16.67%) General Ledger

Solvency II
Top Related IT Skills in Scotland by Category

For the 6 months to 29 July 2014, IT contractor jobs across the Scotland region citing Solvency II also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Solvency II. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (16.67%) SQL Server
General
1 6 (100.00%) Finance
2 1 (16.67%) Legal
2 1 (16.67%) Banking
2 1 (16.67%) General Ledger
Job Titles
1 3 (50.00%) Analyst
2 2 (33.33%) Project Manager
2 2 (33.33%) Business Analyst
2 2 (33.33%) Programme Manager
3 1 (16.67%) Senior Manager
3 1 (16.67%) Senior Business Analyst
3 1 (16.67%) Senior Analyst
3 1 (16.67%) Data Analyst
3 1 (16.67%) Senior Project Manager
3 1 (16.67%) Contracts Manager
3 1 (16.67%) Business Project Manager
3 1 (16.67%) Business Manager
3 1 (16.67%) Senior Business Manager
3 1 (16.67%) Solvency II Business Analyst
Processes & Methodologies
1 3 (50.00%) Stakeholder Management
1 3 (50.00%) Business Analysis
1 3 (50.00%) Investment Management
2 2 (33.33%) Data Governance
3 1 (16.67%) Root Cause Analysis
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) Data Modelling
3 1 (16.67%) Project Management
3 1 (16.67%) Change Management
Quality Assurance & Compliance
1 3 (50.00%) Sarbanes-Oxley
1 3 (50.00%) Basel II
1 3 (50.00%) MiFID
2 1 (16.67%) Data Quality
Vendors
1 1 (16.67%) Oracle
Edinburgh, Midlothian
Hydrogen Group
Rate: £475 - £550.00 per day
Posted: 5 days ago