The table below looks at the statistics 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 27 August 2014 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
27 Aug 2014
Same period 2013 Same period 2012
Solvency II
Rank 115 97 106
Rank change year-on-year
-18 +9
Contract jobs citing Solvency II 25 12 28
As % of all contract IT jobs located in the South West 0.79% 0.54% 0.88%
As % of the Quality Assurance & Compliance category 7.14% 8.11% 14.00%
Number of daily rates quoted 23 12 14
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£500 £410 £434
Average daily rate % change year-on-year
+21.95% -5.47%
90% offered a daily rate of more than £403 £311 £375
10% offered a daily rate of more than £542 £499 £568
UK excluding London average daily rate £456 £439 £418
% change year-on-year
+3.98% +5.08%
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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
350 148 200
As % of all contract IT jobs located in the South West 11.08% 6.61% 6.27%
Number of daily rates quoted 233 77 102
Average daily rate £425 £420 £400
Average daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £275 £275 £235
10% offered a daily rate of more than £550 £500 £550
UK excluding London average daily rate £375 £360 £361
% change year-on-year
+4.16% -0.34%
Number of hourly rates quoted 28 15 22
Average hourly rate £25.50 £17.23 £38.00
Average hourly rate % change year-on-year
+48.04% -54.67%
90% offered a hourly rate of more than £15.00 £8.00 £15.02
10% offered a hourly rate of more than £43.00 £26.55 £39.00
UK excluding London average hourly rate £19.50 £17.50 £21.50
% change year-on-year
+11.42% -18.60%

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 27 August 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 27 August 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 39 (90.70%) Finance
2 20 (46.51%) Stakeholder Management
3 18 (41.86%) Banking
4 17 (39.53%) Data Modelling
5 16 (37.21%) SSADM
5 16 (37.21%) DSDM
5 16 (37.21%) UML
5 16 (37.21%) MS Visio
5 16 (37.21%) Basel II
5 16 (37.21%) BPR
5 16 (37.21%) Requirements Analysis
5 16 (37.21%) GAP Analysis
5 16 (37.21%) BPMN
5 16 (37.21%) Basel III
5 16 (37.21%) Business Transformation
6 6 (13.95%) Legal
7 5 (11.63%) Essbase
7 5 (11.63%) Project Management
7 5 (11.63%) Business Intelligence
7 5 (11.63%) Oracle
8 4 (9.30%) VBA
8 4 (9.30%) Hyperion
9 3 (6.98%) PL/SQL
9 3 (6.98%) SQL
9 3 (6.98%) Oracle Financials
9 3 (6.98%) Cognos
9 3 (6.98%) Risk Management
9 3 (6.98%) Cognos Business Intelligence
9 3 (6.98%) Performance Tuning
9 3 (6.98%) Change Management

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

For the 6 months to 27 August 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 16 (37.21%) MS Visio
2 1 (2.33%) MS PowerPoint
2 1 (2.33%) MS Office
2 1 (2.33%) MS Excel
Business Applications
1 3 (6.98%) Oracle Financials
1 3 (6.98%) Cognos Business Intelligence
1 3 (6.98%) Oracle EBS R12
2 2 (4.65%) MoSes
Communications & Networking
1 2 (4.65%) IMAP
Database & Business Intelligence
1 5 (11.63%) Essbase
2 3 (6.98%) Oracle BI EE
3 2 (4.65%) Oracle OLAP
3 2 (4.65%) OLAP
4 1 (2.33%) Oracle Reports
4 1 (2.33%) Data Warehouse
4 1 (2.33%) Data Mining
General
1 39 (90.70%) Finance
2 18 (41.86%) Banking
3 6 (13.95%) Legal
4 1 (2.33%) Publishing
4 1 (2.33%) Retail
4 1 (2.33%) General Ledger
Job Titles
1 23 (53.49%) Analyst
2 22 (51.16%) Business Analyst
3 16 (37.21%) Senior Business Analyst
3 16 (37.21%) Senior Analyst
4 11 (25.58%) Project Manager
5 8 (18.60%) Solvency II Project Manager
6 5 (11.63%) Developer
7 3 (6.98%) Solvency II Business Analyst
8 2 (4.65%) Actuary
8 2 (4.65%) Senior Manager
8 2 (4.65%) Business Intelligence Developer
8 2 (4.65%) Architect
8 2 (4.65%) Senior Project Manager
8 2 (4.65%) Oracle Developer
8 2 (4.65%) Essbase Developer
9 1 (2.33%) VBA Developer
9 1 (2.33%) Business Intelligence Analyst
9 1 (2.33%) Programme Manager
9 1 (2.33%) Excel Developer
9 1 (2.33%) Excel VBA Developer
Miscellaneous
1 2 (4.65%) PMI
2 1 (2.33%) Statistics
Processes & Methodologies
1 20 (46.51%) Stakeholder Management
2 17 (39.53%) Data Modelling
3 16 (37.21%) UML
3 16 (37.21%) SSADM
3 16 (37.21%) DSDM
3 16 (37.21%) BPR
3 16 (37.21%) GAP Analysis
3 16 (37.21%) Requirements Analysis
3 16 (37.21%) BPMN
3 16 (37.21%) Business Transformation
4 5 (11.63%) Project Management
4 5 (11.63%) Business Intelligence
5 3 (6.98%) Change Management
5 3 (6.98%) Risk Management
5 3 (6.98%) Performance Tuning
6 2 (4.65%) PRINCE2
6 2 (4.65%) Business Analysis
7 1 (2.33%) Use Case
7 1 (2.33%) Programme Management
7 1 (2.33%) Agile Software Development
Programming Languages
1 4 (9.30%) VBA
2 3 (6.98%) PL/SQL
2 3 (6.98%) SQL
Qualifications
1 2 (4.65%) PMI Certification
1 2 (4.65%) Six Sigma Green Belt
2 1 (2.33%) ACCA
2 1 (2.33%) CIMA
2 1 (2.33%) Six Sigma Black Belt
Quality Assurance & Compliance
1 16 (37.21%) Basel II
1 16 (37.21%) Basel III
Vendors
1 5 (11.63%) Oracle
2 4 (9.30%) Hyperion
3 3 (6.98%) Cognos
4 1 (2.33%) CA
4 1 (2.33%) Informatica
4 1 (2.33%) Kalido
Bristol, Avon
Hydrogen Group
Rate: £450.00 - £480.00 per day
Posted: Yesterday