The first table below looks at the demand 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 17 April 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 South East 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
17 Apr 2014
Same period 2013 Same period 2012
Solvency II
Rank 235 228 209
Rank change year-on-year
-7 -19
Contract jobs citing Solvency II 11 2 39
As % of all contract IT jobs located in the South East 0.11% 0.024% 0.37%
As % of the Quality Assurance & Compliance category 1.55% 0.32% 4.68%
Number of daily rates quoted 7 2 22
Average daily rate £500 £400 £488
Average daily rate % change year-on-year
+25.00% -17.94%
90% offered a daily rate of more than £394 £380 £325
10% offered a daily rate of more than £535 £420 £965
UK excluding London average daily rate £451 £385 £475
% change year-on-year
+17.01% -18.94%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
South East
Contract IT job ads with a match in the
Quality Assurance & Compliance category
709 618 833
As % of all contract IT jobs located in the South East 7.31% 7.37% 7.86%
Number of daily rates quoted 380 311 335
Average daily rate £363 £350 £350
Average daily rate % change year-on-year
+3.57% -
90% offered a daily rate of more than £180 £200 £180
10% offered a daily rate of more than £501 £481 £500
UK excluding London average daily rate £365 £325 £350
% change year-on-year
+12.30% -7.14%
Number of hourly rates quoted 38 36 69
Average hourly rate £25.50 £12.65 £14.75
Average hourly rate % change year-on-year
+101.58% -14.23%
90% offered a hourly rate of more than £11.00 £9.97 £11.50
10% offered a hourly rate of more than £50.00 £30.00 £35.00
UK excluding London average hourly rate £18.00 £15.50 £16.43
% change year-on-year
+16.12% -5.63%
Solvency II
England

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 17 April 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 17 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
Surrey - 4 £525 -
Solvency II
England

Solvency II
Top 27 Related IT Skills in the South East

For the 6 months to 17 April 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 6 (50.00%) Finance
2 3 (25.00%) Visualisation
2 3 (25.00%) Java
2 3 (25.00%) SQL
2 3 (25.00%) .NET
2 3 (25.00%) ITIL
2 3 (25.00%) PRINCE2
2 3 (25.00%) Windows
2 3 (25.00%) Systems Analysis
2 3 (25.00%) WebSphere
3 2 (16.67%) GAP Analysis
3 2 (16.67%) Knowledge Management
3 2 (16.67%) IMAP
3 2 (16.67%) QA
3 2 (16.67%) Banking
3 2 (16.67%) ISEB
3 2 (16.67%) User Acceptance Testing
3 2 (16.67%) Test Strategy
3 2 (16.67%) Demand Management
4 1 (8.33%) Continuous Improvement
4 1 (8.33%) Regression Testing
4 1 (8.33%) MS Office
4 1 (8.33%) SAP
4 1 (8.33%) Document Management
4 1 (8.33%) Automated Testing
4 1 (8.33%) Business Analysis
4 1 (8.33%) Advertising

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

For the 6 months to 17 April 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 (25.00%) WebSphere
Applications
1 1 (8.33%) MS Office
Communications & Networking
1 2 (16.67%) IMAP
General
1 6 (50.00%) Finance
2 2 (16.67%) Banking
3 1 (8.33%) Advertising
Job Titles
1 7 (58.33%) Analyst
2 4 (33.33%) Solvency II Business Analyst
2 4 (33.33%) Business Analyst
3 3 (25.00%) Systems Analyst
4 2 (16.67%) Test Manager
5 1 (8.33%) Solvency II Project Manager
5 1 (8.33%) Project Manager
5 1 (8.33%) Senior Manager
5 1 (8.33%) Senior Programme Manager
5 1 (8.33%) Senior Test Manager
5 1 (8.33%) Document Controller
5 1 (8.33%) Documentation Specialist
5 1 (8.33%) Programme Test Manager
5 1 (8.33%) Author
5 1 (8.33%) Programme Manager
5 1 (8.33%) Technical Author
Libraries, Frameworks & Software Standards
1 3 (25.00%) .NET
Miscellaneous
1 3 (25.00%) Visualisation
Operating Systems
1 3 (25.00%) Windows
Processes & Methodologies
1 3 (25.00%) ITIL
1 3 (25.00%) PRINCE2
1 3 (25.00%) Systems Analysis
2 2 (16.67%) Knowledge Management
2 2 (16.67%) User Acceptance Testing
2 2 (16.67%) GAP Analysis
2 2 (16.67%) Test Strategy
2 2 (16.67%) Demand Management
3 1 (8.33%) Document Management
3 1 (8.33%) Automated Testing
3 1 (8.33%) Regression Testing
3 1 (8.33%) Continuous Improvement
3 1 (8.33%) Business Analysis
Programming Languages
1 3 (25.00%) Java
1 3 (25.00%) SQL
Qualifications
1 2 (16.67%) ISEB
Quality Assurance & Compliance
1 2 (16.67%) QA
Vendors
1 1 (8.33%) SAP