The table below looks at the statistics for Solvency II skills in IT contracts advertised for the South East region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 22 January 2017 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
22 Jan 2017
Same period 2016 Same period 2015
Solvency II
England / South East
Rank 231 251 234
Rank change year-on-year
+20 -17
Contract jobs citing Solvency II 9 2 19
As % of all contract IT jobs located in the South East 0.13% 0.024% 0.21%
As % of the Quality Assurance & Compliance category 1.30% 0.24% 2.26%
Number of daily rates quoted 8 2 7
Median daily rate £538 £456 £430
Median daily rate % change year-on-year
+17.80% +6.10%
90% offered a daily rate of more than £488 £401 £385
10% offered a daily rate of more than £650 £511 £630
UK excluding London median daily rate £575 £475 £500
% change year-on-year
+20.98% -4.95%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 South East region.

Quality Assurance & Compliance Category
South East
Contract IT job ads with a match in the
Quality Assurance & Compliance category
691 848 841
As % of all contract IT jobs located in the South East 9.66% 10.15% 9.09%
Number of daily rates quoted 400 463 414
Median daily rate £450 £386 £375
Median daily rate % change year-on-year
+16.73% +2.80%
90% offered a daily rate of more than £275 £250 £237
10% offered a daily rate of more than £566 £550 £550
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 39 49 49
Median hourly rate £15.25 £47.50 £25.00
Median hourly rate % change year-on-year
-67.89% +90.00%
90% offered a hourly rate of more than £11.03 £17.00 £10.05
10% offered a hourly rate of more than £32.25 £61.00 £55.00
UK excluding London median hourly rate £22.75 £42.00 £22.25
% change year-on-year
-45.83% +88.76%

Solvency II
Jobs Demand Trend in the South East

The demand trend of contract jobs across the South East 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 the South East

Solvency II
Daily Rate Trend in the South East

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

Solvency II Daily Rate Trend in the South East

Solvency II
Daily Rate Histogram in the South East

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the South East region over the 3 months to 22 January 2017.

Solvency II Daily Rate Histogram in the South East

Solvency II
Contract Job Locations in the South East

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 South East region over the 3 months to 22 January 2017. 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 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
Surrey - 5 £525 -
Hampshire - 1 £400 -
West Sussex - 1 - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South East

For the 6 months to 22 January 2017, 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 South East region with a requirement for Solvency II.

1 11 (84.62%) Finance
2 4 (30.77%) Data Modelling
2 4 (30.77%) Banking
3 3 (23.08%) PRINCE2
3 3 (23.08%) Data Warehouse
3 3 (23.08%) PRINCE
3 3 (23.08%) GAP Analysis
3 3 (23.08%) Validation
3 3 (23.08%) Process Improvement
4 2 (15.38%) Stakeholder Management
4 2 (15.38%) Middleware
4 2 (15.38%) E-Commerce
4 2 (15.38%) CRM
4 2 (15.38%) Oracle
4 2 (15.38%) SAP
4 2 (15.38%) SOA
4 2 (15.38%) Business Intelligence
4 2 (15.38%) Foreign Exchange (FX)
4 2 (15.38%) BizTalk Server
4 2 (15.38%) Social Media
4 2 (15.38%) MuleSoft
4 2 (15.38%) Digital Media
4 2 (15.38%) Oracle SOA Suite
4 2 (15.38%) Enterprise Software
4 2 (15.38%) Guidewire
4 2 (15.38%) Retail
4 2 (15.38%) Business Analysis
4 2 (15.38%) Degree
4 2 (15.38%) SCADA
4 2 (15.38%) User Acceptance Testing

Solvency II
Top Related IT Skills in the South East 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:

Application Platforms
1 2 (15.38%) BizTalk Server
1 2 (15.38%) Oracle SOA Suite
Database & Business Intelligence
1 3 (23.08%) Data Warehouse
General
1 11 (84.62%) Finance
2 4 (30.77%) Banking
3 2 (15.38%) Retail
4 1 (7.69%) Advertising
4 1 (7.69%) Investment Banking
4 1 (7.69%) Legal
Job Titles
1 10 (76.92%) Analyst
2 8 (61.54%) Business Analyst
3 4 (30.77%) Solvency II Business Analyst
4 2 (15.38%) Architect
4 2 (15.38%) Finance Business Analyst
4 2 (15.38%) Financial Analyst
4 2 (15.38%) Senior Architect
4 2 (15.38%) Senior Solutions Architect
4 2 (15.38%) Solutions Architect
5 1 (7.69%) Business IT Analyst
5 1 (7.69%) Financial Business Analyst
5 1 (7.69%) Financial Services Business Analyst
5 1 (7.69%) IT Business Analyst
5 1 (7.69%) Junior Analyst
5 1 (7.69%) Junior Systems Analyst
5 1 (7.69%) Report Analyst
5 1 (7.69%) Risk Manager
5 1 (7.69%) Senior Manager
5 1 (7.69%) Service Analyst
5 1 (7.69%) Technical Analyst
Libraries, Frameworks & Software Standards
1 2 (15.38%) Middleware
1 2 (15.38%) SAP PI
Miscellaneous
1 2 (15.38%) Data Extraction
1 2 (15.38%) Digital Media
1 2 (15.38%) Enterprise Software
1 2 (15.38%) Foreign Exchange (FX)
1 2 (15.38%) SCADA
1 2 (15.38%) Social Media
2 1 (7.69%) Analytical Skills
2 1 (7.69%) Data Centre
2 1 (7.69%) Reinsurance
Processes & Methodologies
1 4 (30.77%) Data Modelling
2 3 (23.08%) GAP Analysis
2 3 (23.08%) PRINCE
2 3 (23.08%) PRINCE2
2 3 (23.08%) Process Improvement
2 3 (23.08%) Validation
3 2 (15.38%) Business Analysis
3 2 (15.38%) Business Intelligence
3 2 (15.38%) CRM
3 2 (15.38%) E-Commerce
3 2 (15.38%) Integration Testing
3 2 (15.38%) SOA
3 2 (15.38%) Stakeholder Management
3 2 (15.38%) User Acceptance Testing
4 1 (7.69%) Change Management
4 1 (7.69%) Continuous Improvement
4 1 (7.69%) Data Management
4 1 (7.69%) Risk Assessment
4 1 (7.69%) Test Scripting
4 1 (7.69%) Wealth Management
Qualifications
1 2 (15.38%) Degree
2 1 (7.69%) AAT
2 1 (7.69%) ACCA
2 1 (7.69%) IIBA
Quality Assurance & Compliance
1 1 (7.69%) Data Quality
Vendors
1 2 (15.38%) Guidewire
1 2 (15.38%) MuleSoft
1 2 (15.38%) Oracle
1 2 (15.38%) Pega
1 2 (15.38%) SAP