The first table below looks at the demand 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 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the South West region.

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
22 May 2013
Same period 2012 Same period 2011
Solvency II
Rank 104 128 90
Rank change year-on-year
+24 -38
Contract jobs citing Solvency II 7 11 30
As % of all contract IT jobs located in the South West 0.340% 0.333% 1.086%
As % of the Quality Assurance & Compliance category 3.723% 5.238% 13.89%
Number of daily rates quoted 6 10 15
Average daily rate £366 £415 £450
Average daily rate % change year-on-year
-11.69% -7.83%
90% offered a daily rate of more than £268 £298 £325
10% offered a daily rate of more than £410 £480 £925
UK excluding London average daily rate £405 £449 £550
% change year-on-year
-9.74% -18.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
188 210 216
As % of all contract IT jobs located in the South West 9.122% 6.358% 7.820%
Number of daily rates quoted 108 114 85
Average daily rate £379 £410 £350
Average daily rate % change year-on-year
-7.56% +17.14%
90% offered a daily rate of more than £230 £200 £250
10% offered a daily rate of more than £479 £575 £525
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 11 20 40
Average hourly rate £32.50 £31.25 £35.00
Average hourly rate % change year-on-year
+4.00% -10.71%
90% offered a hourly rate of more than £12.10 £12.42 £25.25
10% offered a hourly rate of more than £157.50 £38.00 £37.50
UK excluding London average hourly rate £17.50 £16.00 £30.00
% change year-on-year
+9.37% -46.66%
Solvency II
England

Solvency II
Jobs Demand Trend

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.

South West Solvency II Jobs Demand Trend

Solvency II
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the South West region.

South West Solvency II Daily Rate Trend

Solvency II
Daily Rate Histogram

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 22 May 2013.

South West Solvency II Daily Rate Histogram

Solvency II
Contract Locations

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 22 May 2013. 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 each for more statistics)
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
Bristol +11 3 £288 -6.50%
Wiltshire +10 3 £410 -11.11%
Solvency II
England

Solvency II
Top 30 Related IT Skills

For the 6 months to 22 May 2013, 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 15 (100.00%) Finance
2 11 (73.33%) Stakeholder Management
2 11 (73.33%) Banking
3 9 (60.00%) UML
4 8 (53.33%) SSADM
4 8 (53.33%) DSDM
4 8 (53.33%) MS Visio
4 8 (53.33%) BPR
4 8 (53.33%) Basel II
4 8 (53.33%) Business Transformation
4 8 (53.33%) GAP Analysis
4 8 (53.33%) Requirements Analysis
4 8 (53.33%) Basel III
5 4 (26.67%) Data Modelling
6 3 (20.00%) ETL
6 3 (20.00%) Data Warehouse
6 3 (20.00%) Retail
7 2 (13.33%) Retail Banking
7 2 (13.33%) Business Intelligence
7 2 (13.33%) SQL
8 1 (6.667%) Oracle
8 1 (6.667%) Business Objects
8 1 (6.667%) MS Office
8 1 (6.667%) XSD
8 1 (6.667%) MS Excel
8 1 (6.667%) Star Schema
8 1 (6.667%) IBM
8 1 (6.667%) Informatica
8 1 (6.667%) ERwin
8 1 (6.667%) PowerExchange

Solvency II
Top Related IT Skills by Category

For the 6 months to 22 May 2013, 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 Development
1 1 (6.667%) XSD
1 1 (6.667%) Velocity
Application Platforms
1 1 (6.667%) PowerExchange
Applications
1 8 (53.33%) MS Visio
2 1 (6.667%) MS Office
2 1 (6.667%) MS Excel
Business Applications
1 1 (6.667%) Prophet
1 1 (6.667%) EMB Igloo
Database & Business Intelligence
1 3 (20.00%) Data Warehouse
2 1 (6.667%) Star Schema
2 1 (6.667%) IBM InfoSphere
Development Applications
1 1 (6.667%) ERwin
General
1 15 (100.00%) Finance
2 11 (73.33%) Banking
3 3 (20.00%) Retail
4 2 (13.33%) Retail Banking
Job Titles
1 10 (66.67%) Analyst
2 8 (53.33%) Business Analyst
3 2 (13.33%) PMO Analyst
3 2 (13.33%) Architect
4 1 (6.667%) Project Manager
4 1 (6.667%) Developer
4 1 (6.667%) Business Architect
4 1 (6.667%) Informatica Developer
4 1 (6.667%) Implementation Manager
4 1 (6.667%) Data Modeller
4 1 (6.667%) Data Warehouse Architect
4 1 (6.667%) ETL Developer
4 1 (6.667%) Business Intelligence Architect
4 1 (6.667%) Solvency II Project Manager
4 1 (6.667%) Project Implementation Manager
4 1 (6.667%) Data Architect
Miscellaneous
1 1 (6.667%) Data Integration
Processes & Methodologies
1 11 (73.33%) Stakeholder Management
2 9 (60.00%) UML
3 8 (53.33%) SSADM
3 8 (53.33%) DSDM
3 8 (53.33%) BPR
3 8 (53.33%) Business Transformation
3 8 (53.33%) GAP Analysis
3 8 (53.33%) Requirements Analysis
4 4 (26.67%) Data Modelling
5 3 (20.00%) ETL
6 2 (13.33%) Business Intelligence
7 1 (6.667%) Project Management
7 1 (6.667%) Programme Management
7 1 (6.667%) Data Mapping
7 1 (6.667%) Financial Modelling
7 1 (6.667%) Data Architecture
7 1 (6.667%) Project Planning
7 1 (6.667%) Data Management
7 1 (6.667%) Information Management
7 1 (6.667%) Data Analysis
Programming Languages
1 2 (13.33%) SQL
2 1 (6.667%) C
Qualifications
1 1 (6.667%) Degree
Quality Assurance & Compliance
1 8 (53.33%) Basel II
1 8 (53.33%) Basel III
Vendors
1 1 (6.667%) Oracle
1 1 (6.667%) Business Objects
1 1 (6.667%) IBM
1 1 (6.667%) Informatica
South West
Solvency II or regulatory project experience. - Extensive planning experience - defining plans for complex projects, maintaining and tracking changes to complex plans. - Proven track record of successfully delivering PMO...
Hydrogen Group
Rate: £300.00 - £320.00 per day
Posted: 16 May 2013