The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Suffolk region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 4 May 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
4 May 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 34
Contract jobs citing Solvency II 0 0 5
As % of all contract IT jobs located in Suffolk - - 1.81%
As % of the Quality Assurance & Compliance category - - 13.16%
Number of daily rates quoted 0 0 4
Median daily rate - - £450
UK excluding London median daily rate £605 £500 £451
% change year-on-year
+21.00% +10.98%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Solvency II
East of 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 Suffolk region.

Quality Assurance & Compliance Category
Suffolk
Contract IT job ads with a match in the
Quality Assurance & Compliance category
29 6 38
As % of all contract IT jobs located in Suffolk 11.69% 2.68% 13.77%
Number of daily rates quoted 21 3 31
Median daily rate £444 £168 £425
Median daily rate % change year-on-year
+164.92% -60.58%
90% offered a daily rate of more than £252 £158 £378
10% offered a daily rate of more than £586 £354 £450
UK excluding London median daily rate £400 £387 £368
% change year-on-year
+3.35% +5.30%
Number of hourly rates quoted 1 0 1
Median hourly rate £22.50 - £10.00
UK excluding London median hourly rate £25.50 £29.00 £21.00
% change year-on-year
-12.06% +38.09%

Solvency II
Jobs Demand Trend in Suffolk

The demand trend of contract jobs across the Suffolk 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 Suffolk

Solvency II
Daily Rate Trend in Suffolk

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

Solvency II Daily Rate Trend in Suffolk