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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Solvency II
Rank 121 117 124
Rank change year-on-year
-4 +7
Contract jobs citing Solvency II 21 7 4
As % of all contract IT jobs located in the South West 0.68% 0.29% 0.16%
As % of the Quality Assurance & Compliance category 6.80% 3.18% 2.20%
Number of daily rates quoted 21 7 4
Average daily rate
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of your Daily Rate
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£500 £476 £383
Average daily rate % change year-on-year
+5.15% +24.31%
90% offered a daily rate of more than £380 £433 £381
10% offered a daily rate of more than £575 £584 £392
UK excluding London average daily rate £500 £475 £413
% change year-on-year
+5.20% +15.21%
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
309 220 182
As % of all contract IT jobs located in the South West 9.94% 8.97% 7.34%
Number of daily rates quoted 201 142 102
Average daily rate £450 £350 £375
Average daily rate % change year-on-year
+28.57% -6.66%
90% offered a daily rate of more than £245 £180 £250
10% offered a daily rate of more than £673 £540 £500
UK excluding London average daily rate £375 £350 £330
% change year-on-year
+7.14% +6.06%
Number of hourly rates quoted 15 9 23
Average hourly rate £40.00 £27.50 £37.00
Average hourly rate % change year-on-year
+45.45% -25.67%
90% offered a hourly rate of more than £15.05 £12.25 £13.75
10% offered a hourly rate of more than £62.50 £42.00 £43.25
UK excluding London average hourly rate £19.00 £17.23 £22.75
% change year-on-year
+10.30% -24.28%

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 23 January 2015.

Solvency II Daily Rate Histogram in the South West

Solvency II
Contract Job Locations in the South West

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 West region over the 3 months to 23 January 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
Dorset - - - -
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South West

For the 6 months to 23 January 2015, 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 48 (100.00%) Finance
2 22 (45.83%) Stakeholder Management
3 16 (33.33%) Banking
3 16 (33.33%) MS Visio
3 16 (33.33%) BPMN
4 15 (31.25%) Basel III
4 15 (31.25%) Business Transformation
4 15 (31.25%) Data Modelling
4 15 (31.25%) SSADM
4 15 (31.25%) DSDM
4 15 (31.25%) UML
4 15 (31.25%) BPR
4 15 (31.25%) Basel II
4 15 (31.25%) GAP Analysis
4 15 (31.25%) Requirements Analysis
5 9 (18.75%) Data Warehouse
6 6 (12.50%) Business Analysis
7 4 (8.33%) Data Management
7 4 (8.33%) Legal
7 4 (8.33%) MS Excel
7 4 (8.33%) Data Mapping
8 3 (6.25%) Financial Modelling
8 3 (6.25%) Spreadsheet
8 3 (6.25%) Investment Management
8 3 (6.25%) MS Office
8 3 (6.25%) ETL
8 3 (6.25%) Project Management
9 2 (4.17%) Business Intelligence
9 2 (4.17%) ITIL
9 2 (4.17%) Service Delivery

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

For the 6 months to 23 January 2015, 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.

Application Platforms
1 1 (2.08%) SAS
Applications
1 16 (33.33%) MS Visio
2 4 (8.33%) MS Excel
3 3 (6.25%) Spreadsheet
3 3 (6.25%) MS Office
4 2 (4.17%) MS PowerPoint
5 1 (2.08%) MS Project
Business Applications
1 1 (2.08%) Towers Watson Igloo
1 1 (2.08%) HFM
Communications & Networking
1 2 (4.17%) IMAP
Database & Business Intelligence
1 9 (18.75%) Data Warehouse
2 1 (2.08%) Oracle Reports
General
1 48 (100.00%) Finance
2 16 (33.33%) Banking
3 4 (8.33%) Legal
Job Titles
1 29 (60.42%) Analyst
2 24 (50.00%) Business Analyst
3 16 (33.33%) Senior Analyst
4 15 (31.25%) Senior Business Analyst
5 11 (22.92%) Project Manager
6 4 (8.33%) Insurance Business Analyst
6 4 (8.33%) Financial Analyst
7 3 (6.25%) Systems Analyst
8 2 (4.17%) Solutions Architect
8 2 (4.17%) Architect
8 2 (4.17%) Security Analyst
8 2 (4.17%) Risk Analyst
8 2 (4.17%) Actuary
8 2 (4.17%) Solvency II Project Manager
9 1 (2.08%) Solvency II Business Analyst
9 1 (2.08%) IT Risk Analyst
9 1 (2.08%) Excel Developer
9 1 (2.08%) Excel VBA Developer
9 1 (2.08%) VBA Developer
9 1 (2.08%) Senior Test Analyst
Miscellaneous
1 2 (4.17%) Analytical Skills
2 1 (2.08%) PMI
Processes & Methodologies
1 22 (45.83%) Stakeholder Management
2 16 (33.33%) BPMN
3 15 (31.25%) Business Transformation
3 15 (31.25%) Data Modelling
3 15 (31.25%) SSADM
3 15 (31.25%) DSDM
3 15 (31.25%) UML
3 15 (31.25%) BPR
3 15 (31.25%) GAP Analysis
3 15 (31.25%) Requirements Analysis
4 6 (12.50%) Business Analysis
5 4 (8.33%) Data Management
5 4 (8.33%) Data Mapping
6 3 (6.25%) Financial Modelling
6 3 (6.25%) Investment Management
6 3 (6.25%) ETL
6 3 (6.25%) Project Management
7 2 (4.17%) Business Intelligence
7 2 (4.17%) ITIL
7 2 (4.17%) Service Delivery
Programming Languages
1 1 (2.08%) VBA
Qualifications
1 1 (2.08%) PMP
1 1 (2.08%) PMI Certification
Quality Assurance & Compliance
1 15 (31.25%) Basel III
1 15 (31.25%) Basel II
2 1 (2.08%) COREP
2 1 (2.08%) FINREP
2 1 (2.08%) Data Quality
2 1 (2.08%) FATCA
2 1 (2.08%) QA
Vendors
1 1 (2.08%) Oracle
1 1 (2.08%) Microsoft
1 1 (2.08%) Informatica
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: 4 days ago
Bristol, Avon
Reed Professional Services
Rate: £500 - £750 per day
Posted: 4 days ago
South West
Sanderson
Rate: £500 - £600 per day
Posted: 4 days ago
Bristol, Avon
Oliver James Associates
Rate: £500 - £575 per day
Posted: 4 days ago
Bristol, Avon
Oliver James Associates
Rate: £400 - £500 per day
Posted: 4 days ago
Bristol, Avon
TEKsystems
Rate: £450 - £500 per day
Posted: 6 days ago
Swindon, Wiltshire
Experis Ltd
Rate: £400 - £435 per day
Posted: 6 days ago
Bristol
Real Staffing
Rate: £450 - £500 per day
Posted: 10 days ago