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 4 December 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
4 Dec 2016
Same period 2015 Same period 2014
Solvency II
Rank 237 263 243
Rank change year-on-year
+26 -20
Contract jobs citing Solvency II 9 4 24
As % of all contract IT jobs located in the South East 0.12% 0.042% 0.24%
As % of the Quality Assurance & Compliance category 1.21% 0.44% 2.42%
Number of daily rates quoted 9 3 20
Median daily rate £525 £650 £538
Median daily rate % change year-on-year
-19.23% +20.93%
90% offered a daily rate of more than £400 £545 £417
10% offered a daily rate of more than £560 £650 £655
UK excluding London median daily rate £400 £650 £513
% change year-on-year
-38.46% +26.82%
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
744 918 990
As % of all contract IT jobs located in the South East 9.74% 9.65% 9.94%
Number of daily rates quoted 404 459 522
Median daily rate £400 £400 £375
Median daily rate % change year-on-year
- +6.66%
90% offered a daily rate of more than £260 £277 £211
10% offered a daily rate of more than £550 £535 £543
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 49 40 75
Median hourly rate £17.43 £23.00 £18.50
Median hourly rate % change year-on-year
-24.21% +24.32%
90% offered a hourly rate of more than £11.46 £16.94 £10.40
10% offered a hourly rate of more than £42.50 £47.50 £42.50
UK excluding London median hourly rate £22.50 £25.00 £22.00
% change year-on-year
-10.00% +13.63%

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
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 4 December 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 median contractor rates quoted in IT jobs citing Solvency II within the South East region over the 3 months to 4 December 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
Surrey - 5 £525 - 1
Hampshire +26 3 £400 -38.46%
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South East

For the 6 months to 4 December 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 21 (84.00%) Finance
2 11 (44.00%) Business Analysis
3 6 (24.00%) Data Management
4 4 (16.00%) Data Analysis
4 4 (16.00%) SQL
4 4 (16.00%) Data Modelling
4 4 (16.00%) Six Sigma
4 4 (16.00%) Lean Six Sigma
5 3 (12.00%) Process Improvement
5 3 (12.00%) PRINCE
5 3 (12.00%) PRINCE2
5 3 (12.00%) GAP Analysis
5 3 (12.00%) Validation
5 3 (12.00%) Banking
6 2 (8.00%) Data Warehouse
6 2 (8.00%) User Acceptance Testing
6 2 (8.00%) Integration Testing
6 2 (8.00%) Data Extraction
6 2 (8.00%) Degree
7 1 (4.00%) SQL Server Integration Services
7 1 (4.00%) Wealth Management
7 1 (4.00%) IIBA
7 1 (4.00%) SQL Server Analysis Services
7 1 (4.00%) SQL Server 2012
7 1 (4.00%) AAT
7 1 (4.00%) Analytical Skills
7 1 (4.00%) Logical Data Model
7 1 (4.00%) Planning and Forecasting
7 1 (4.00%) Data Centre
7 1 (4.00%) Reinsurance

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 2 (8.00%) Data Warehouse
2 1 (4.00%) SQL Server
2 1 (4.00%) SQL Server 2012
2 1 (4.00%) SQL Server Analysis Services
2 1 (4.00%) SQL Server Integration Services
2 1 (4.00%) SQL Server Reporting Services
General
1 21 (84.00%) Finance
2 3 (12.00%) Banking
3 1 (4.00%) Advertising
3 1 (4.00%) Investment Banking
3 1 (4.00%) Legal
Job Titles
1 22 (88.00%) Analyst
2 17 (68.00%) Business Analyst
3 7 (28.00%) Finance Business Analyst
3 7 (28.00%) Financial Analyst
4 6 (24.00%) Data Business Analyst
4 6 (24.00%) Financial Business Analyst
4 6 (24.00%) Financial Services Business Analyst
4 6 (24.00%) Service Analyst
5 4 (16.00%) Data Analyst
5 4 (16.00%) Insurance Business Analyst
5 4 (16.00%) Solvency II Business Analyst
6 3 (12.00%) SQL Analyst
6 3 (12.00%) SQL Data Analyst
7 1 (4.00%) Actuary
7 1 (4.00%) IT Analyst
7 1 (4.00%) Risk Manager
7 1 (4.00%) Senior Risk Manager
7 1 (4.00%) Solvency II Actuary
7 1 (4.00%) SSIS Developer
7 1 (4.00%) Technical Analyst
Miscellaneous
1 2 (8.00%) Data Extraction
2 1 (4.00%) Analytical Skills
2 1 (4.00%) Data Centre
2 1 (4.00%) Reinsurance
Processes & Methodologies
1 11 (44.00%) Business Analysis
2 6 (24.00%) Data Management
3 4 (16.00%) Data Analysis
3 4 (16.00%) Data Modelling
3 4 (16.00%) Lean Six Sigma
3 4 (16.00%) Six Sigma
4 3 (12.00%) GAP Analysis
4 3 (12.00%) PRINCE
4 3 (12.00%) PRINCE2
4 3 (12.00%) Process Improvement
4 3 (12.00%) Validation
5 2 (8.00%) Integration Testing
5 2 (8.00%) User Acceptance Testing
6 1 (4.00%) Change Management
6 1 (4.00%) Continuous Improvement
6 1 (4.00%) Logical Data Model
6 1 (4.00%) Planning and Forecasting
6 1 (4.00%) Risk Assessment
6 1 (4.00%) Risk Management
6 1 (4.00%) Wealth Management
Programming Languages
1 4 (16.00%) SQL
2 1 (4.00%) T-SQL
Qualifications
1 2 (8.00%) Degree
2 1 (4.00%) AAT
2 1 (4.00%) ACCA
2 1 (4.00%) IIBA