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 average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 30 June 2015 with a comparison to the same period in 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.

Location
3 months to
30 Jun 2015
Same period 2014 Same period 2013
Solvency II
Rank 125 130 121
Rank change year-on-year
+5 -9
Contract jobs citing Solvency II 4 2 2
As % of all contract IT jobs located in Scotland 0.13% 0.073% 0.078%
As % of the Quality Assurance & Compliance category 1.86% 1.25% 1.20%
Number of daily rates quoted 1 2 2
Average daily rate
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£325 £525 £425
Average daily rate % change year-on-year
-38.09% +23.52%
UK excluding London average daily rate £465 £450 £405
% change year-on-year
+3.33% +11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
215 160 166
As % of all contract IT jobs located in Scotland 7.16% 5.86% 6.46%
Number of daily rates quoted 110 89 95
Average daily rate £363 £388 £334
Average daily rate % change year-on-year
-6.45% +16.19%
90% offered a daily rate of more than £265 £250 £250
10% offered a daily rate of more than £450 £570 £450
UK excluding London average daily rate £375 £365 £350
% change year-on-year
+2.73% +4.28%
Number of hourly rates quoted 3 12 10
Average hourly rate £20.00 £21.00 £9.25
Average hourly rate % change year-on-year
-4.76% +127.02%
90% offered a hourly rate of more than £18.80 £13.85 £9.23
10% offered a hourly rate of more than £38.00 £31.55 £12.46
UK excluding London average hourly rate £21.07 £20.21 £18.75
% change year-on-year
+4.29% +7.76%

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
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Solvency II within the Scotland region over the 3 months to 30 June 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Edinburgh -2 4 £325 -38.09% 3
Solvency II
UK

Solvency II
Top 10 Related IT Skills in Scotland

For the 6 months to 30 June 2015, 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 4 (100.00%) Finance
2 3 (75.00%) Asset Management
2 3 (75.00%) Target Operating Model
3 1 (25.00%) SQL Server
3 1 (25.00%) ETL
3 1 (25.00%) Business Intelligence
3 1 (25.00%) SQL Server Reporting Services
3 1 (25.00%) SQL Server Integration Services
3 1 (25.00%) SQL Server Analysis Services
3 1 (25.00%) Tableau

Solvency II
Top Related IT Skills in Scotland by Category

For the 6 months to 30 June 2015, 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 (25.00%) SQL Server
1 1 (25.00%) SQL Server Reporting Services
1 1 (25.00%) SQL Server Integration Services
1 1 (25.00%) SQL Server Analysis Services
General
1 4 (100.00%) Finance
Job Titles
1 3 (75.00%) Analyst
2 2 (50.00%) Data Analyst
3 1 (25.00%) Business Intelligence Developer
3 1 (25.00%) Business Data Analyst
3 1 (25.00%) Solvency II Business Analyst
3 1 (25.00%) Test Analyst
3 1 (25.00%) Business Developer
3 1 (25.00%) Business Analyst
3 1 (25.00%) Developer
Processes & Methodologies
1 3 (75.00%) Asset Management
1 3 (75.00%) Target Operating Model
2 1 (25.00%) ETL
2 1 (25.00%) Business Intelligence
Vendors
1 1 (25.00%) Tableau