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 1 September 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
1 Sep 2015
Same period 2014 Same period 2013
Solvency II
Rank 266 241 233
Rank change year-on-year
-25 -8
Contract jobs citing Solvency II 11 12 1
As % of all contract IT jobs located in the South East 0.11% 0.13% 0.011%
As % of the Quality Assurance & Compliance category 1.27% 1.51% 0.15%
Number of daily rates quoted 11 9 1
Average daily rate
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£625 £425 £525
Average daily rate % change year-on-year
+47.05% -19.04%
UK excluding London average daily rate £525 £456 £445
% change year-on-year
+15.06% +2.52%
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
866 793 662
As % of all contract IT jobs located in the South East 8.61% 8.54% 7.57%
Number of daily rates quoted 468 440 294
Average daily rate £400 £350 £370
Average daily rate % change year-on-year
+14.28% -5.40%
90% offered a daily rate of more than £258 £200 £265
10% offered a daily rate of more than £525 £500 £500
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 52 41 40
Average hourly rate £20.57 £17.07 £20.00
Average hourly rate % change year-on-year
+20.51% -14.65%
90% offered a hourly rate of more than £12.50 £12.00 £11.05
10% offered a hourly rate of more than £55.00 £45.00 £39.13
UK excluding London average hourly rate £21.64 £19.75 £17.50
% change year-on-year
+9.56% +12.85%

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 1 September 2015.

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 1 September 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
Surrey -7 5 £625 +64.47%
Berkshire -4 3 £650 +44.44%
Hampshire - 3 £650 -
Buckinghamshire -5 2 £650 -
Kent 0 1 £288 -32.35%
East Sussex -2 1 £450 -33.33%
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South East

For the 6 months to 1 September 2015, 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 16 (59.26%) Finance
2 15 (55.56%) Stakeholder Management
2 15 (55.56%) Data Governance
3 12 (44.44%) Microsoft
4 10 (37.04%) MS PowerPoint
4 10 (37.04%) MS Excel
4 10 (37.04%) MS Visio
5 8 (29.63%) Quality Management
5 8 (29.63%) Time Management
5 8 (29.63%) Analytical Skills
6 6 (22.22%) Project Management
7 5 (18.52%) Data Mapping
8 4 (14.81%) Migration
8 4 (14.81%) Data Warehouse
9 3 (11.11%) SQL
9 3 (11.11%) Oracle
9 3 (11.11%) SharePoint
9 3 (11.11%) Business Intelligence
9 3 (11.11%) SQL Server Integration Services
10 2 (7.41%) Enterprise Architecture
10 2 (7.41%) SCADA
10 2 (7.41%) SQL Server Analysis Services
10 2 (7.41%) FatWire
10 2 (7.41%) Banking
10 2 (7.41%) Retail
10 2 (7.41%) Content Management
10 2 (7.41%) Foreign Exchange (FX)
10 2 (7.41%) BizTalk Server
10 2 (7.41%) Middleware
10 2 (7.41%) Adobe

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

For the 6 months to 1 September 2015, 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 (11.11%) SharePoint
2 2 (7.41%) BizTalk Server
Applications
1 10 (37.04%) MS Excel
1 10 (37.04%) MS Visio
1 10 (37.04%) MS PowerPoint
Database & Business Intelligence
1 4 (14.81%) Data Warehouse
2 3 (11.11%) SQL Server Integration Services
3 2 (7.41%) SQL Server Analysis Services
3 2 (7.41%) SQL Server
4 1 (3.70%) SQL Server 2008
4 1 (3.70%) SQL Server 2012
4 1 (3.70%) Ingres
4 1 (3.70%) SQL Server Reporting Services
4 1 (3.70%) Data Mart
General
1 16 (59.26%) Finance
2 2 (7.41%) Banking
2 2 (7.41%) Retail
Job Titles
1 14 (51.85%) Analyst
2 11 (40.74%) Data Analyst
3 7 (25.93%) Project Manager
4 6 (22.22%) Governance Analyst
5 5 (18.52%) Solvency II Project Manager
6 2 (7.41%) Architect
6 2 (7.41%) Solutions Architect
6 2 (7.41%) Senior Solutions Architect
6 2 (7.41%) Senior Architect
7 1 (3.70%) Solvency II Business Analyst
7 1 (3.70%) Financial Analyst
7 1 (3.70%) Workstream Manager
7 1 (3.70%) SQL Developer
7 1 (3.70%) SQL Server Developer
7 1 (3.70%) Change Analyst
7 1 (3.70%) Insurance Business Analyst
7 1 (3.70%) Infrastructure Engineer
7 1 (3.70%) Test Analyst
7 1 (3.70%) Consultant
7 1 (3.70%) Business Analyst
Libraries, Frameworks & Software Standards
1 2 (7.41%) Middleware
1 2 (7.41%) SAP PI
2 1 (3.70%) .NET
Miscellaneous
1 8 (29.63%) Analytical Skills
2 2 (7.41%) Data Centre
2 2 (7.41%) Foreign Exchange (FX)
2 2 (7.41%) SCADA
2 2 (7.41%) Social Media
2 2 (7.41%) Digital Media
2 2 (7.41%) Enterprise Software
Operating Systems
1 1 (3.70%) Windows
1 1 (3.70%) Windows Server 2008
1 1 (3.70%) Windows 7
1 1 (3.70%) Windows Server 2012
Processes & Methodologies
1 15 (55.56%) Stakeholder Management
1 15 (55.56%) Data Governance
2 8 (29.63%) Time Management
2 8 (29.63%) Quality Management
3 6 (22.22%) Project Management
4 5 (18.52%) Data Mapping
5 4 (14.81%) Migration
6 3 (11.11%) Business Intelligence
7 2 (7.41%) CRM
7 2 (7.41%) E-Commerce
7 2 (7.41%) SOA
7 2 (7.41%) Content Management
7 2 (7.41%) Enterprise Architecture
8 1 (3.70%) Analytics
8 1 (3.70%) Business Analysis
8 1 (3.70%) Agile Software Development
8 1 (3.70%) Financial Analysis
8 1 (3.70%) Waterfall
8 1 (3.70%) Data Migration
8 1 (3.70%) ETL
Programming Languages
1 3 (11.11%) SQL
2 1 (3.70%) T-SQL
2 1 (3.70%) VBA
Qualifications
1 1 (3.70%) Degree
Quality Assurance & Compliance
1 1 (3.70%) Basel II
1 1 (3.70%) Data Quality
1 1 (3.70%) FATCA
System Software
1 1 (3.70%) Active Directory
1 1 (3.70%) VMware Infrastructure
Systems Management
1 1 (3.70%) EMC NetWorker
Vendors
1 12 (44.44%) Microsoft
2 3 (11.11%) Oracle
3 2 (7.41%) SAP
3 2 (7.41%) Adobe
3 2 (7.41%) Pega
3 2 (7.41%) Sitecore
3 2 (7.41%) hybris
3 2 (7.41%) Guidewire
3 2 (7.41%) MuleSoft
3 2 (7.41%) FatWire
4 1 (3.70%) VMware
4 1 (3.70%) EMC