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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 28 June 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
28 Jun 2016
Same period 2015 Same period 2014
Solvency II
Rank 136 129 125
Rank change year-on-year
-7 -4
Contract jobs citing Solvency II 3 13 20
As % of all contract IT jobs located in the South West 0.10% 0.42% 0.67%
As % of the Quality Assurance & Compliance category 1.07% 4.09% 4.94%
Number of daily rates quoted 3 12 19
Median daily rate £463 £463 £451
Median daily rate % change year-on-year
- +2.66%
90% offered a daily rate of more than £445 £426 £399
10% offered a daily rate of more than £613 £500 £700
UK excluding London median daily rate £463 £465 £450
% change year-on-year
-0.53% +3.33%
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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
280 318 405
As % of all contract IT jobs located in the South West 9.35% 10.33% 13.60%
Number of daily rates quoted 178 222 272
Median daily rate £385 £400 £398
Median daily rate % change year-on-year
-3.75% +0.62%
90% offered a daily rate of more than £300 £225 £290
10% offered a daily rate of more than £600 £565 £550
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 17 13 33
Median hourly rate £40.00 £28.98 £37.75
Median hourly rate % change year-on-year
+38.03% -23.23%
90% offered a hourly rate of more than £33.00 £13.00 £13.95
10% offered a hourly rate of more than £52.95 £45.00 £42.70
UK excluding London median hourly rate £28.00 £22.03 £21.00
% change year-on-year
+27.12% +4.88%

Solvency II
Jobs Demand Trend in the South West

The demand trend of contract jobs across the South West 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 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 28 June 2016.

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 median contractor rates quoted in IT jobs citing Solvency II within the South West region over the 3 months to 28 June 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
Dorset - 2 £451 -
Wiltshire -9 1 £650 +32.65%
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South West

For the 6 months to 28 June 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 West region with a requirement for Solvency II.

1 9 (50.00%) Data Modelling
1 9 (50.00%) SQL Server Integration Services
2 8 (44.44%) Finance
3 7 (38.89%) Stakeholder Management
3 7 (38.89%) Data Warehouse
4 5 (27.78%) Business Intelligence
4 5 (27.78%) Migration
4 5 (27.78%) Data Migration
5 4 (22.22%) Waterfall
5 4 (22.22%) Kimball Methodology
5 4 (22.22%) Agile Software Development
5 4 (22.22%) SQL
5 4 (22.22%) SQL Server
6 3 (16.67%) MS Visio
6 3 (16.67%) UML
6 3 (16.67%) SSADM
6 3 (16.67%) DSDM
6 3 (16.67%) ETL
6 3 (16.67%) BPR
6 3 (16.67%) Basel II
6 3 (16.67%) GAP Analysis
6 3 (16.67%) Banking
6 3 (16.67%) Use Case
6 3 (16.67%) iPad
6 3 (16.67%) Business Transformation
6 3 (16.67%) Basel III
6 3 (16.67%) Requirements Analysis
6 3 (16.67%) BPMN
7 2 (11.11%) SQL Server 2008
7 2 (11.11%) Data Quality

Solvency II
Top Related IT Skills in the South West 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:

Applications
1 3 (16.67%) MS Visio
Database & Business Intelligence
1 9 (50.00%) SQL Server Integration Services
2 7 (38.89%) Data Warehouse
3 4 (22.22%) SQL Server
4 2 (11.11%) SQL Server 2008
4 2 (11.11%) SQL Server Reporting Services
5 1 (5.56%) SQL Server Analysis Services
Development Applications
1 2 (11.11%) ERwin
General
1 8 (44.44%) Finance
2 3 (16.67%) Banking
Job Titles
1 7 (38.89%) Developer
1 7 (38.89%) SSIS Developer
2 5 (27.78%) Analyst
3 4 (22.22%) Business Intelligence Developer
3 4 (22.22%) Life and Pensions Project Manager
3 4 (22.22%) Migration Manager
3 4 (22.22%) Migration Project Manager
3 4 (22.22%) Project Manager
4 3 (16.67%) Business Analyst
4 3 (16.67%) Data Warehouse Developer
4 3 (16.67%) Process Analyst
4 3 (16.67%) Senior Analyst
4 3 (16.67%) Senior Business Analyst
4 3 (16.67%) Senior Process Analyst
4 3 (16.67%) SQL Developer
5 2 (11.11%) Analyst Developer
5 2 (11.11%) Data Migration Manager
5 2 (11.11%) Data Warehouse Analyst
5 2 (11.11%) SQL BI Developer
5 2 (11.11%) Technical Analyst
Miscellaneous
1 3 (16.67%) iPad
Processes & Methodologies
1 9 (50.00%) Data Modelling
2 7 (38.89%) Stakeholder Management
3 5 (27.78%) Business Intelligence
3 5 (27.78%) Data Migration
3 5 (27.78%) Migration
4 4 (22.22%) Agile Software Development
4 4 (22.22%) Kimball Methodology
4 4 (22.22%) Waterfall
5 3 (16.67%) BPMN
5 3 (16.67%) BPR
5 3 (16.67%) Business Transformation
5 3 (16.67%) DSDM
5 3 (16.67%) ETL
5 3 (16.67%) GAP Analysis
5 3 (16.67%) Requirements Analysis
5 3 (16.67%) SSADM
5 3 (16.67%) UML
5 3 (16.67%) Use Case
6 2 (11.11%) Data Security
6 2 (11.11%) PRINCE2
Programming Languages
1 4 (22.22%) SQL
2 1 (5.56%) T-SQL
2 1 (5.56%) VB
Qualifications
1 1 (5.56%) ACCA
1 1 (5.56%) CFA
1 1 (5.56%) CIMA
Quality Assurance & Compliance
1 3 (16.67%) Basel II
1 3 (16.67%) Basel III
2 2 (11.11%) Data Quality