The first table below looks at the demand for Solvency II skills in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 11 July 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 West 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
11 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank 115 100 106
Rank change year-on-year
-15 +6
Contract jobs citing Solvency II 21 12 25
As % of all contract IT jobs located in the South West 0.74% 0.57% 0.83%
As % of the Quality Assurance & Compliance category 6.73% 6.49% 12.32%
Number of daily rates quoted 20 10 17
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£494 £326 £418
Average daily rate % change year-on-year
+51.34% -21.85%
90% offered a daily rate of more than £400 £281 £309
10% offered a daily rate of more than £576 £434 £560
UK excluding London average daily rate £450 £405 £419
% change year-on-year
+11.11% -3.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
312 185 203
As % of all contract IT jobs located in the South West 11.04% 8.81% 6.72%
Number of daily rates quoted 200 96 112
Average daily rate £425 £413 £400
Average daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £299 £263 £200
10% offered a daily rate of more than £540 £485 £520
UK excluding London average daily rate £370 £350 £350
% change year-on-year
+5.71% -
Number of hourly rates quoted 29 11 19
Average hourly rate £24.00 £17.23 £35.00
Average hourly rate % change year-on-year
+39.33% -50.78%
90% offered a hourly rate of more than £14.85 £12.18 £12.42
10% offered a hourly rate of more than £41.65 £22.00 £38.00
UK excluding London average hourly rate £20.00 £17.50 £18.00
% change year-on-year
+14.28% -2.77%
Solvency II
England

Solvency II
Jobs Demand Trend in the South West

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the South West region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the South West

Solvency II
Daily Rate Trend in the South West

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the South West region.

Solvency II Daily Rate Trend in the South West

Solvency II
Daily Rate Histogram in the South West

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the South West region over the 3 months to 11 July 2014.

Solvency II Daily Rate Histogram in the South West

Solvency II
Top 30 Related IT Skills in the South West

For the 6 months to 11 July 2014, IT contractor jobs across the South West 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 38 (84.44%) Finance
2 17 (37.78%) Data Modelling
2 17 (37.78%) Stakeholder Management
3 16 (35.56%) Banking
4 15 (33.33%) Requirements Analysis
4 15 (33.33%) GAP Analysis
4 15 (33.33%) MS Visio
4 15 (33.33%) DSDM
4 15 (33.33%) UML
4 15 (33.33%) SSADM
4 15 (33.33%) Basel II
4 15 (33.33%) BPR
4 15 (33.33%) Basel III
4 15 (33.33%) Business Transformation
5 14 (31.11%) BPMN
6 6 (13.33%) Oracle
7 5 (11.11%) Hyperion
7 5 (11.11%) Business Intelligence
7 5 (11.11%) Risk Management
7 5 (11.11%) Essbase
8 4 (8.89%) Legal
8 4 (8.89%) Project Management
9 3 (6.67%) Oracle BI EE
9 3 (6.67%) Oracle EBS R12
9 3 (6.67%) MoSes
9 3 (6.67%) Performance Tuning
9 3 (6.67%) Informatica
9 3 (6.67%) PL/SQL
9 3 (6.67%) SQL
9 3 (6.67%) VBA

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

For the 6 months to 11 July 2014, IT contractor jobs across the South West 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.

Applications
1 15 (33.33%) MS Visio
2 1 (2.22%) MS PowerPoint
2 1 (2.22%) MS Office
2 1 (2.22%) MS Excel
Business Applications
1 3 (6.67%) Oracle Financials
1 3 (6.67%) Cognos Business Intelligence
1 3 (6.67%) Oracle EBS R12
1 3 (6.67%) MoSes
Database & Business Intelligence
1 5 (11.11%) Essbase
2 3 (6.67%) Oracle BI EE
2 3 (6.67%) Data Warehouse
3 2 (4.44%) Data Mining
3 2 (4.44%) OLAP
3 2 (4.44%) Oracle OLAP
4 1 (2.22%) Oracle Reports
General
1 38 (84.44%) Finance
2 16 (35.56%) Banking
3 4 (8.89%) Legal
4 1 (2.22%) Publishing
4 1 (2.22%) Retail
4 1 (2.22%) General Ledger
Job Titles
1 19 (42.22%) Analyst
2 18 (40.00%) Business Analyst
3 15 (33.33%) Senior Business Analyst
3 15 (33.33%) Senior Analyst
4 11 (24.44%) Project Manager
5 9 (20.00%) Solvency II Project Manager
6 5 (11.11%) Consultant
7 4 (8.89%) Actuary
7 4 (8.89%) Developer
8 3 (6.67%) Senior Project Manager
8 3 (6.67%) Senior Manager
8 3 (6.67%) Architect
9 2 (4.44%) Oracle Developer
9 2 (4.44%) Essbase Developer
9 2 (4.44%) Business Intelligence Developer
10 1 (2.22%) OBIEE Developer
10 1 (2.22%) ETL Designer
10 1 (2.22%) Business Intelligence Analyst
10 1 (2.22%) Agile Project Manager
10 1 (2.22%) Designer
Miscellaneous
1 2 (4.44%) PMI
2 1 (2.22%) Statistics
Processes & Methodologies
1 17 (37.78%) Data Modelling
1 17 (37.78%) Stakeholder Management
2 15 (33.33%) GAP Analysis
2 15 (33.33%) Requirements Analysis
2 15 (33.33%) UML
2 15 (33.33%) SSADM
2 15 (33.33%) DSDM
2 15 (33.33%) BPR
2 15 (33.33%) Business Transformation
3 14 (31.11%) BPMN
4 5 (11.11%) Business Intelligence
4 5 (11.11%) Risk Management
5 4 (8.89%) Project Management
6 3 (6.67%) Change Management
6 3 (6.67%) Performance Tuning
7 2 (4.44%) Stakeholder Engagement
7 2 (4.44%) PRINCE2
7 2 (4.44%) Validation
7 2 (4.44%) TOGAF
8 1 (2.22%) Business Analysis
Programming Languages
1 3 (6.67%) PL/SQL
1 3 (6.67%) SQL
1 3 (6.67%) VBA
Qualifications
1 2 (4.44%) PMI Certification
1 2 (4.44%) Six Sigma Green Belt
2 1 (2.22%) ACCA
2 1 (2.22%) CIMA
2 1 (2.22%) Six Sigma Black Belt
Quality Assurance & Compliance
1 15 (33.33%) Basel II
1 15 (33.33%) Basel III
Vendors
1 6 (13.33%) Oracle
2 5 (11.11%) Hyperion
3 3 (6.67%) Informatica
3 3 (6.67%) Cognos
4 2 (4.44%) Kalido
5 1 (2.22%) CA
Bristol, Avon
Sanderson
Rate: £400 - £490 per day
Posted: 23 hours ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: Yesterday
Bournemouth, Dorset
Circle Recruitment
Rate: £400 - £565 per day
Posted: 5 days ago
Bristol
Real Staffing
Rate: £400 - £460 per day
Posted: 25 days ago