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 10 February 2016 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
10 Feb 2016
Same period 2015 Same period 2014
Solvency II
Rank 244 236 242
Rank change year-on-year
-8 +6
Contract jobs citing Solvency II 2 27 1
As % of all contract IT jobs located in the South East 0.023% 0.28% 0.012%
As % of the Quality Assurance & Compliance category 0.23% 3.03% 0.14%
Number of daily rates quoted 2 15 1
Average daily rate £456 £425 £475
Average daily rate % change year-on-year
+7.35% -10.52%
UK excluding London average daily rate £500 £500 £475
% change year-on-year
- +5.20%
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
858 890 699
As % of all contract IT jobs located in the South East 10.02% 9.33% 8.17%
Number of daily rates quoted 465 443 338
Average daily rate £375 £375 £350
Average daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £250 £218 £175
10% offered a daily rate of more than £550 £550 £525
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 57 42 27
Average hourly rate £47.50 £30.00 £26.50
Average hourly rate % change year-on-year
+58.33% +13.20%
90% offered a hourly rate of more than £16.09 £12.46 £12.50
10% offered a hourly rate of more than £59.50 £55.00 £113.50
UK excluding London average hourly rate £42.50 £23.25 £17.08
% change year-on-year
+82.79% +36.16%

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 10 February 2016.

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 10 February 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
(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
Buckinghamshire +14 1 £388 -
East Sussex +11 1 £525 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South East

For the 6 months to 10 February 2016, 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 9 (75.00%) Finance
2 6 (50.00%) Project Management
3 5 (41.67%) Stakeholder Management
3 5 (41.67%) Data Governance
4 4 (33.33%) Migration
5 3 (25.00%) Enterprise Software
5 3 (25.00%) Guidewire
5 3 (25.00%) MuleSoft
5 3 (25.00%) Data Centre
5 3 (25.00%) Enterprise Architecture
5 3 (25.00%) SCADA
5 3 (25.00%) Data Mapping
5 3 (25.00%) Data Quality
5 3 (25.00%) Digital Media
5 3 (25.00%) SAP PI
5 3 (25.00%) Pega
5 3 (25.00%) Sitecore
5 3 (25.00%) Social Media
5 3 (25.00%) hybris
5 3 (25.00%) FatWire
5 3 (25.00%) Banking
5 3 (25.00%) Retail
5 3 (25.00%) Content Management
5 3 (25.00%) CRM
5 3 (25.00%) SharePoint
5 3 (25.00%) Data Warehouse
5 3 (25.00%) E-Commerce
5 3 (25.00%) SOA
5 3 (25.00%) Business Intelligence
5 3 (25.00%) Adobe

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

For the 6 months to 10 February 2016, 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 (25.00%) BizTalk Server
1 3 (25.00%) SharePoint
Applications
1 1 (8.33%) MS Excel
Database & Business Intelligence
1 3 (25.00%) Data Warehouse
2 2 (16.67%) SQL Server Integration Services
3 1 (8.33%) MS Access
3 1 (8.33%) SQL Server
3 1 (8.33%) SQL Server 2008
3 1 (8.33%) SQL Server 2012
General
1 9 (75.00%) Finance
2 3 (25.00%) Banking
2 3 (25.00%) Retail
Job Titles
1 5 (41.67%) Project Manager
2 4 (33.33%) Solvency II Project Manager
3 3 (25.00%) Analyst
3 3 (25.00%) Architect
3 3 (25.00%) Senior Architect
3 3 (25.00%) Senior Solutions Architect
3 3 (25.00%) Solutions Architect
4 1 (8.33%) Business Analyst
4 1 (8.33%) Data Analyst
4 1 (8.33%) Developer
4 1 (8.33%) PMO Analyst
4 1 (8.33%) Senior Analyst
4 1 (8.33%) Senior Business Analyst
4 1 (8.33%) Solvency II Business Analyst
4 1 (8.33%) SQL Developer
Libraries, Frameworks & Software Standards
1 3 (25.00%) Middleware
1 3 (25.00%) SAP PI
Miscellaneous
1 3 (25.00%) Data Centre
1 3 (25.00%) Digital Media
1 3 (25.00%) Enterprise Software
1 3 (25.00%) Foreign Exchange (FX)
1 3 (25.00%) SCADA
1 3 (25.00%) Social Media
2 1 (8.33%) Management Information System
Processes & Methodologies
1 6 (50.00%) Project Management
2 5 (41.67%) Data Governance
2 5 (41.67%) Stakeholder Management
3 4 (33.33%) Migration
4 3 (25.00%) Business Intelligence
4 3 (25.00%) Content Management
4 3 (25.00%) CRM
4 3 (25.00%) Data Mapping
4 3 (25.00%) E-Commerce
4 3 (25.00%) Enterprise Architecture
4 3 (25.00%) SOA
5 1 (8.33%) Business Analysis
5 1 (8.33%) PRINCE
5 1 (8.33%) PRINCE2
Programming Languages
1 2 (16.67%) SQL
Qualifications
1 1 (8.33%) DV Cleared
1 1 (8.33%) SC Cleared
1 1 (8.33%) Security Cleared
Quality Assurance & Compliance
1 3 (25.00%) Data Quality
Vendors
1 3 (25.00%) Adobe
1 3 (25.00%) FatWire
1 3 (25.00%) Guidewire
1 3 (25.00%) hybris
1 3 (25.00%) MuleSoft
1 3 (25.00%) Oracle
1 3 (25.00%) Pega
1 3 (25.00%) SAP
1 3 (25.00%) Sitecore