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 28 September 2016 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
28 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 252 257 236
Rank change year-on-year
+5 -21
Contract jobs citing Solvency II 3 14 21
As % of all contract IT jobs located in the South East 0.036% 0.14% 0.23%
As % of the Quality Assurance & Compliance category 0.35% 1.34% 2.40%
Number of daily rates quoted 3 13 17
Median daily rate £425 £650 £500
Median daily rate % change year-on-year
-34.61% +30.00%
90% offered a daily rate of more than £365 £516 £353
10% offered a daily rate of more than £445 £650 £650
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
863 1044 875
As % of all contract IT jobs located in the South East 10.30% 10.52% 9.57%
Number of daily rates quoted 475 550 470
Median daily rate £408 £410 £350
Median daily rate % change year-on-year
-0.48% +17.14%
90% offered a daily rate of more than £229 £265 £200
10% offered a daily rate of more than £550 £525 £501
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 45 61 64
Median hourly rate £35.50 £22.75 £20.00
Median hourly rate % change year-on-year
+56.04% +13.75%
90% offered a hourly rate of more than £12.50 £12.50 £12.00
10% offered a hourly rate of more than £42.50 £85.49 £45.00
UK excluding London median hourly rate £30.00 £29.50 £20.00
% change year-on-year
+1.69% +47.50%

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
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 28 September 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
(Click see detailed
statistics and trends)
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
Buckinghamshire +23 2 £400 -38.46%
West Sussex +1 1 £425 -
Solvency II
England

Solvency II
Top 15 Related IT Skills in the South East

For the 6 months to 28 September 2016, 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 14 (87.50%) Finance
2 10 (62.50%) Business Analysis
3 6 (37.50%) Data Management
4 4 (25.00%) Data Analysis
4 4 (25.00%) SQL
4 4 (25.00%) Lean Six Sigma
4 4 (25.00%) Six Sigma
5 2 (12.50%) Banking
6 1 (6.25%) SQL Server Reporting Services
6 1 (6.25%) T-SQL
6 1 (6.25%) SQL Server
6 1 (6.25%) Data Warehouse
6 1 (6.25%) SQL Server Integration Services
6 1 (6.25%) SQL Server Analysis Services
6 1 (6.25%) SQL Server 2012

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:

Database & Business Intelligence
1 1 (6.25%) Data Warehouse
1 1 (6.25%) SQL Server
1 1 (6.25%) SQL Server 2012
1 1 (6.25%) SQL Server Analysis Services
1 1 (6.25%) SQL Server Integration Services
1 1 (6.25%) SQL Server Reporting Services
General
1 14 (87.50%) Finance
2 2 (12.50%) Banking
Job Titles
1 14 (87.50%) Analyst
2 10 (62.50%) Business Analyst
3 6 (37.50%) Data Business Analyst
3 6 (37.50%) Finance Business Analyst
3 6 (37.50%) Financial Analyst
3 6 (37.50%) Financial Business Analyst
3 6 (37.50%) Financial Services Business Analyst
3 6 (37.50%) Service Analyst
4 4 (25.00%) Data Analyst
4 4 (25.00%) Insurance Business Analyst
5 3 (18.75%) SQL Analyst
5 3 (18.75%) SQL Data Analyst
6 1 (6.25%) Actuary
6 1 (6.25%) Developer
6 1 (6.25%) Solvency II Actuary
6 1 (6.25%) SSIS Developer
Processes & Methodologies
1 10 (62.50%) Business Analysis
2 6 (37.50%) Data Management
3 4 (25.00%) Data Analysis
3 4 (25.00%) Lean Six Sigma
3 4 (25.00%) Six Sigma
Programming Languages
1 4 (25.00%) SQL
2 1 (6.25%) T-SQL