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 5 March 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
5 Mar 2015
Same period 2014 Same period 2013
Solvency II
Rank 119 116 119
Rank change year-on-year
-3 +3
Contract jobs citing Solvency II 22 18 7
As % of all contract IT jobs located in the South West 0.71% 0.64% 0.29%
As % of the Quality Assurance & Compliance category 7.43% 6.84% 3.50%
Number of daily rates quoted 20 14 7
Average daily rate
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of your Daily Rate
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£500 £476 £385
Average daily rate % change year-on-year
+5.15% +23.50%
90% offered a daily rate of more than £380 £385 £383
10% offered a daily rate of more than £600 £770 £478
UK excluding London average daily rate £500 £451 £425
% change year-on-year
+10.98% +6.00%
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
296 263 200
As % of all contract IT jobs located in the South West 9.54% 9.30% 8.19%
Number of daily rates quoted 186 168 117
Average daily rate £483 £413 £370
Average daily rate % change year-on-year
+17.09% +11.48%
90% offered a daily rate of more than £245 £180 £242
10% offered a daily rate of more than £675 £650 £510
UK excluding London average daily rate £383 £368 £338
% change year-on-year
+4.08% +8.88%
Number of hourly rates quoted 16 9 13
Average hourly rate £29.00 £14.00 £37.50
Average hourly rate % change year-on-year
+107.14% -62.66%
90% offered a hourly rate of more than £10.13 £8.41 £13.83
10% offered a hourly rate of more than £42.75 £40.00 £44.25
UK excluding London average hourly rate £18.50 £16.75 £20.00
% change year-on-year
+10.44% -16.25%

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 5 March 2015.

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 5 March 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 (97.96%) Finance
2 25 (51.02%) Stakeholder Management
3 19 (38.78%) Banking
4 17 (34.69%) MS Visio
4 17 (34.69%) BPMN
5 16 (32.65%) Basel III
5 16 (32.65%) Business Transformation
5 16 (32.65%) Data Modelling
5 16 (32.65%) SSADM
5 16 (32.65%) DSDM
5 16 (32.65%) UML
5 16 (32.65%) BPR
5 16 (32.65%) Basel II
5 16 (32.65%) GAP Analysis
5 16 (32.65%) Requirements Analysis
6 8 (16.33%) Data Warehouse
7 6 (12.24%) Business Analysis
8 4 (8.16%) Data Management
8 4 (8.16%) MS Excel
8 4 (8.16%) Data Mapping
9 3 (6.12%) Financial Modelling
9 3 (6.12%) Spreadsheet
9 3 (6.12%) Investment Management
9 3 (6.12%) Analytical Skills
9 3 (6.12%) MS Office
9 3 (6.12%) ETL
9 3 (6.12%) Business Intelligence
9 3 (6.12%) Cognos
10 2 (4.08%) IBM
10 2 (4.08%) ITIL

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

For the 6 months to 5 March 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.

Applications
1 17 (34.69%) MS Visio
2 4 (8.16%) MS Excel
3 3 (6.12%) Spreadsheet
3 3 (6.12%) MS Office
4 2 (4.08%) MS PowerPoint
5 1 (2.04%) MS Project
Business Applications
1 1 (2.04%) HFM
1 1 (2.04%) Cognos Business Intelligence
1 1 (2.04%) Towers Watson Igloo
Database & Business Intelligence
1 8 (16.33%) Data Warehouse
2 2 (4.08%) Cognos Report Studio
3 1 (2.04%) Oracle Reports
3 1 (2.04%) Relational Database
3 1 (2.04%) Cognos Query Studio
General
1 48 (97.96%) Finance
2 19 (38.78%) Banking
3 2 (4.08%) Legal
Job Titles
1 29 (59.18%) Analyst
2 24 (48.98%) Business Analyst
3 17 (34.69%) Senior Analyst
4 16 (32.65%) Senior Business Analyst
5 8 (16.33%) Project Manager
6 4 (8.16%) Insurance Business Analyst
6 4 (8.16%) Financial Analyst
7 3 (6.12%) Architect
7 3 (6.12%) Systems Analyst
8 2 (4.08%) Solutions Architect
8 2 (4.08%) Risk Analyst
8 2 (4.08%) Security Analyst
8 2 (4.08%) Developer
8 2 (4.08%) Test Manager
8 2 (4.08%) Actuary
8 2 (4.08%) Solvency II Project Manager
8 2 (4.08%) UML Business Analyst
8 2 (4.08%) Cognos Developer
9 1 (2.04%) Report Developer
9 1 (2.04%) Business Intelligence Developer
Miscellaneous
1 3 (6.12%) Analytical Skills
2 1 (2.04%) PMI
Processes & Methodologies
1 25 (51.02%) Stakeholder Management
2 17 (34.69%) BPMN
3 16 (32.65%) Business Transformation
3 16 (32.65%) Requirements Analysis
3 16 (32.65%) UML
3 16 (32.65%) SSADM
3 16 (32.65%) DSDM
3 16 (32.65%) Data Modelling
3 16 (32.65%) BPR
3 16 (32.65%) GAP Analysis
4 6 (12.24%) Business Analysis
5 4 (8.16%) Data Management
5 4 (8.16%) Data Mapping
6 3 (6.12%) Financial Modelling
6 3 (6.12%) Investment Management
6 3 (6.12%) ETL
6 3 (6.12%) Business Intelligence
7 2 (4.08%) Security Management
7 2 (4.08%) Risk Management
7 2 (4.08%) ITIL
Qualifications
1 2 (4.08%) VCP4
2 1 (2.04%) PMP
2 1 (2.04%) PMI Certification
Quality Assurance & Compliance
1 16 (32.65%) Basel III
1 16 (32.65%) Basel II
2 1 (2.04%) QA
2 1 (2.04%) Data Quality
2 1 (2.04%) FATCA
2 1 (2.04%) COREP
2 1 (2.04%) FINREP
Vendors
1 3 (6.12%) Cognos
2 2 (4.08%) IBM
3 1 (2.04%) Microsoft
3 1 (2.04%) Informatica
3 1 (2.04%) Oracle
Bristol
Orgtel
Rate: £400 - £600 per day
Posted: Yesterday
Bristol
Interquest - ITQ Financial - Tunbridge Wells
Rate: £300 - £355 per day
Posted: Yesterday
Bristol
Orgtel
Rate: £330 - £355 per day
Posted: Yesterday
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: Yesterday
Bristol, Avon
Sanderson
Rate: £450 - £500 per day
Posted: Yesterday
Bournemouth, Dorset
Circle Recruitment
Rate: £400 - £520 per day
Posted: 2 days ago
Bournemouth, Dorset
Network Compucare Ltd
Posted: 2 days ago
Bournemouth, Dorset
Sanderson
Posted: 2 days ago
Bristol
Real Staffing
Rate: £750 - £1500 per day
Posted: 3 days ago
Bournemouth, Dorset
Nakama
Rate: From £500 to £520 per day
Posted: 3 days ago
Bournemouth, Dorset
Circle Recruitment
Rate: £500 - £565 per day
Posted: 6 days ago