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 average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Solvency II
Rank 240 225 210
Rank change year-on-year
-15 -15
Contract jobs citing Solvency II 18 3 29
As % of all contract IT jobs located in the South East 0.18% 0.035% 0.35%
As % of the Quality Assurance & Compliance category 2.29% 0.48% 4.55%
Number of daily rates quoted 13 2 22
Average daily rate
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£550 £400 £375
Average daily rate % change year-on-year
+37.50% +6.66%
90% offered a daily rate of more than £425 £340 £350
10% offered a daily rate of more than £695 £460 £545
UK excluding London average daily rate £500 £456 £390
% change year-on-year
+9.58% +16.98%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
England

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
786 623 637
As % of all contract IT jobs located in the South East 7.99% 7.30% 7.72%
Number of daily rates quoted 416 295 315
Average daily rate £360 £338 £375
Average daily rate % change year-on-year
+6.66% -10.00%
90% offered a daily rate of more than £206 £212 £212
10% offered a daily rate of more than £525 £475 £525
UK excluding London average daily rate £371 £350 £350
% change year-on-year
+6.07% -
Number of hourly rates quoted 57 28 64
Average hourly rate £18.50 £18.70 £16.71
Average hourly rate % change year-on-year
-1.06% +11.90%
90% offered a hourly rate of more than £9.00 £12.50 £10.79
10% offered a hourly rate of more than £42.50 £113.50 £39.50
UK excluding London average hourly rate £18.75 £18.00 £21.50
% change year-on-year
+4.16% -16.27%

Solvency II
Jobs Demand Trend in the South East

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the South East region as a proportion of the total demand within 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 24 December 2014.

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 average contractor rates quoted in IT jobs citing Solvency II within the South East region over the 3 months to 24 December 2014. 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
Surrey 0 5 £515 +8.42% 1
Hampshire - - - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South East

For the 6 months to 24 December 2014, IT contractor jobs across the South East 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 19 (50.00%) Finance
2 8 (21.05%) Data Governance
3 7 (18.42%) Validation
4 6 (15.79%) Risk Management
4 6 (15.79%) Quality Management
4 6 (15.79%) Risk Analysis
5 5 (13.16%) Data Quality
5 5 (13.16%) QA
5 5 (13.16%) Microsoft
5 5 (13.16%) ISEB
5 5 (13.16%) Legal
6 4 (10.53%) Data Management
6 4 (10.53%) MS Office
6 4 (10.53%) PRINCE2
7 3 (7.89%) Stress Testing
7 3 (7.89%) SQL
7 3 (7.89%) .NET
7 3 (7.89%) SAS
8 2 (5.26%) Stakeholder Management
8 2 (5.26%) Advertising
8 2 (5.26%) Workflow
8 2 (5.26%) Change Management
8 2 (5.26%) GAP Analysis
8 2 (5.26%) Management Information System
8 2 (5.26%) Banking
8 2 (5.26%) SQL Server Reporting Services
8 2 (5.26%) Systems Analysis
8 2 (5.26%) Business Analysis
8 2 (5.26%) SQL Server Integration Services
8 2 (5.26%) MS Visio

Solvency II
Top Related IT Skills in the South East by Category

For the 6 months to 24 December 2014, IT contractor jobs across the South East 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.

Application Platforms
1 3 (7.89%) SAS
Applications
1 4 (10.53%) MS Office
2 2 (5.26%) MS Visio
3 1 (2.63%) MS Excel
Business Applications
1 1 (2.63%) MoSes
Cloud Services
1 2 (5.26%) IBM Blueworks
Database & Business Intelligence
1 2 (5.26%) SQL Server Reporting Services
1 2 (5.26%) SQL Server Integration Services
1 2 (5.26%) SQL Server
2 1 (2.63%) Data Warehouse
2 1 (2.63%) SAS Enterprise Guide
2 1 (2.63%) SAS Data Integration Studio
Development Applications
1 1 (2.63%) JIRA
General
1 19 (50.00%) Finance
2 5 (13.16%) Legal
3 2 (5.26%) Advertising
3 2 (5.26%) Banking
Job Titles
1 16 (42.11%) Analyst
2 8 (21.05%) Project Manager
2 8 (21.05%) Business Analyst
3 7 (18.42%) Solvency II Business Analyst
4 6 (15.79%) Data Governance Manager
4 6 (15.79%) Data Manager
4 6 (15.79%) Systems Analyst
4 6 (15.79%) Governance Manager
5 5 (13.16%) Consultant
6 4 (10.53%) Solvency II Project Manager
7 3 (7.89%) Financial Business Analyst
7 3 (7.89%) Business Consultant
8 2 (5.26%) Architect
8 2 (5.26%) Programme Manager
8 2 (5.26%) Business Manager
8 2 (5.26%) Business Project Manager
8 2 (5.26%) Project Consultant
8 2 (5.26%) Designer
9 1 (2.63%) IT Governance Manager
9 1 (2.63%) Documentation Specialist
Libraries, Frameworks & Software Standards
1 3 (7.89%) .NET
Miscellaneous
1 2 (5.26%) Management Information System
1 2 (5.26%) Analytical Skills
2 1 (2.63%) PMI
2 1 (2.63%) Replication
Processes & Methodologies
1 8 (21.05%) Data Governance
2 7 (18.42%) Validation
3 6 (15.79%) Risk Management
3 6 (15.79%) Quality Management
3 6 (15.79%) Risk Analysis
4 4 (10.53%) PRINCE2
4 4 (10.53%) Data Management
5 3 (7.89%) Stress Testing
6 2 (5.26%) Systems Analysis
6 2 (5.26%) Business Analysis
6 2 (5.26%) Workflow
6 2 (5.26%) Stakeholder Management
6 2 (5.26%) Six Sigma
6 2 (5.26%) Project Management
6 2 (5.26%) Change Management
6 2 (5.26%) ITIL
6 2 (5.26%) GAP Analysis
7 1 (2.63%) Regression Testing
7 1 (2.63%) CRM
7 1 (2.63%) Programme Management
Programming Languages
1 3 (7.89%) SQL
Qualifications
1 5 (13.16%) ISEB
2 2 (5.26%) ACCA
3 1 (2.63%) ISTQB
3 1 (2.63%) Degree
3 1 (2.63%) MCSE
3 1 (2.63%) Microsoft Certification
3 1 (2.63%) PMP
3 1 (2.63%) PMI Certification
Quality Assurance & Compliance
1 5 (13.16%) QA
1 5 (13.16%) Data Quality
Systems Management
1 1 (2.63%) HP Quality Center
Vendors
1 5 (13.16%) Microsoft
2 1 (2.63%) HP
2 1 (2.63%) Informatica
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