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 30 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
30 Mar 2015
Same period 2014 Same period 2013
Solvency II
Rank 117 116 117
Rank change year-on-year
-1 +1
Contract jobs citing Solvency II 25 19 7
As % of all contract IT jobs located in the South West 0.80% 0.65% 0.29%
As % of the Quality Assurance & Compliance category 8.42% 7.34% 3.23%
Number of daily rates quoted 21 14 7
Average daily rate
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of your Daily Rate
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£500 £451 £385
Average daily rate % change year-on-year
+10.98% +17.01%
90% offered a daily rate of more than £418 £381 £370
10% offered a daily rate of more than £600 £770 £486
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
297 259 217
As % of all contract IT jobs located in the South West 9.45% 8.87% 9.05%
Number of daily rates quoted 182 155 134
Average daily rate £483 £425 £370
Average daily rate % change year-on-year
+13.52% +14.86%
90% offered a daily rate of more than £245 £182 £240
10% offered a daily rate of more than £698 £600 £500
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 20 15 10
Average hourly rate £40.00 £22.75 £37.50
Average hourly rate % change year-on-year
+75.82% -39.33%
90% offered a hourly rate of more than £10.62 £12.32 £14.00
10% offered a hourly rate of more than £44.30 £42.50 £42.50
UK excluding London average hourly rate £22.50 £17.40 £18.50
% change year-on-year
+29.31% -5.94%

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 30 March 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 30 March 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 - 9 £526 -
Solvency II
England

Solvency II
Top 30 Related IT Skills in the South West

For the 6 months to 30 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 45 (97.83%) Finance
2 26 (56.52%) Stakeholder Management
3 21 (45.65%) Data Modelling
4 19 (41.30%) Banking
5 17 (36.96%) MS Visio
5 17 (36.96%) BPMN
6 16 (34.78%) Basel III
6 16 (34.78%) Business Transformation
6 16 (34.78%) BPR
6 16 (34.78%) Basel II
6 16 (34.78%) UML
6 16 (34.78%) SSADM
6 16 (34.78%) DSDM
6 16 (34.78%) GAP Analysis
6 16 (34.78%) Requirements Analysis
7 7 (15.22%) Data Warehouse
8 5 (10.87%) Business Analysis
9 3 (6.52%) Investment Management
9 3 (6.52%) Data Management
9 3 (6.52%) IBM
9 3 (6.52%) Microsoft
9 3 (6.52%) ERwin
9 3 (6.52%) Cognos
9 3 (6.52%) ETL
9 3 (6.52%) MS Excel
9 3 (6.52%) Oracle
9 3 (6.52%) Oracle ODI
9 3 (6.52%) Oracle EDQ
9 3 (6.52%) Stakeholder Engagement
9 3 (6.52%) Data Mapping

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

For the 6 months to 30 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.

Application Platforms
1 1 (2.17%) SAS
Applications
1 17 (36.96%) MS Visio
2 3 (6.52%) MS Excel
2 3 (6.52%) Spreadsheet
3 2 (4.35%) MS PowerPoint
4 1 (2.17%) SPSS
4 1 (2.17%) MS Project
4 1 (2.17%) MS Office
Business Applications
1 1 (2.17%) Cognos Business Intelligence
1 1 (2.17%) Towers Watson Igloo
Database & Business Intelligence
1 7 (15.22%) Data Warehouse
2 3 (6.52%) Oracle ODI
3 2 (4.35%) SQL Server Analysis Services
3 2 (4.35%) Data Mining
3 2 (4.35%) Star Schema
3 2 (4.35%) SQL Server Reporting Services
3 2 (4.35%) Cognos Report Studio
4 1 (2.17%) SQL Server Integration Services
4 1 (2.17%) Base SAS
4 1 (2.17%) Relational Database
4 1 (2.17%) Cognos Query Studio
Development Applications
1 3 (6.52%) ERwin
General
1 45 (97.83%) Finance
2 19 (41.30%) Banking
3 1 (2.17%) Financial Institution
3 1 (2.17%) Legal
Job Titles
1 26 (56.52%) Analyst
2 23 (50.00%) Business Analyst
3 17 (36.96%) Senior Analyst
4 16 (34.78%) Senior Business Analyst
5 6 (13.04%) Architect
5 6 (13.04%) Project Manager
6 5 (10.87%) Data Architect
7 4 (8.70%) Insurance Business Analyst
8 3 (6.52%) Financial Analyst
9 2 (4.35%) Actuary
9 2 (4.35%) Solvency II Project Manager
9 2 (4.35%) UML Business Analyst
9 2 (4.35%) Cognos Developer
9 2 (4.35%) Systems Analyst
9 2 (4.35%) Test Manager
9 2 (4.35%) Developer
10 1 (2.17%) Test Analyst
10 1 (2.17%) Information Architect
10 1 (2.17%) Senior Test Analyst
10 1 (2.17%) Enterprise Architect
Miscellaneous
1 3 (6.52%) Data Integration
1 3 (6.52%) Analytical Skills
2 1 (2.17%) PMI
2 1 (2.17%) Visualisation
Processes & Methodologies
1 26 (56.52%) Stakeholder Management
2 21 (45.65%) Data Modelling
3 17 (36.96%) BPMN
4 16 (34.78%) Requirements Analysis
4 16 (34.78%) Business Transformation
4 16 (34.78%) UML
4 16 (34.78%) SSADM
4 16 (34.78%) DSDM
4 16 (34.78%) BPR
4 16 (34.78%) GAP Analysis
5 5 (10.87%) Business Analysis
6 3 (6.52%) Data Mapping
6 3 (6.52%) Financial Modelling
6 3 (6.52%) Data Architecture
6 3 (6.52%) Investment Management
6 3 (6.52%) Stakeholder Engagement
6 3 (6.52%) Logical Data Model
6 3 (6.52%) Data Management
6 3 (6.52%) ETL
7 2 (4.35%) Business Intelligence
Qualifications
1 1 (2.17%) PMP
1 1 (2.17%) PMI Certification
Quality Assurance & Compliance
1 16 (34.78%) Basel II
1 16 (34.78%) Basel III
2 1 (2.17%) Data Quality
2 1 (2.17%) QA
Systems Management
1 3 (6.52%) Oracle EDQ
Vendors
1 3 (6.52%) Oracle
1 3 (6.52%) Cognos
1 3 (6.52%) IBM
1 3 (6.52%) Microsoft
2 1 (2.17%) Informatica
2 1 (2.17%) Tableau
Bristol, Avon
Hydrogen Group
Rate: £400.00 - £500.00 per day
Posted: 4 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £550 per day
Posted: 5 days ago
Bristol
Orgtel
Rate: £300 - £350 per day
Posted: 17 days ago
Bristol
Orgtel
Rate: £400 - £600 per day
Posted: 26 days ago
Bristol
Interquest - ITQ Financial - Tunbridge Wells
Rate: £300 - £355 per day
Posted: 26 days ago
Bristol
Orgtel
Rate: £330 - £355 per day
Posted: 26 days ago