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 29 August 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
29 Aug 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 33
Contract jobs citing Solvency II 0 0 9
As % of all contract IT jobs located in Suffolk - - 3.78%
As % of the Quality Assurance & Compliance category - - 37.50%
Number of daily rates quoted 0 0 9
Median daily rate - - £438
UK excluding London median daily rate £485 £525 £450
% change year-on-year
-7.61% +16.66%
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
17 16 24
As % of all contract IT jobs located in Suffolk 7.73% 6.35% 10.08%
Number of daily rates quoted 4 13 21
Median daily rate £369 £400 £450
Median daily rate % change year-on-year
-7.81% -11.11%
90% offered a daily rate of more than £248 £200 £368
10% offered a daily rate of more than £460 £470 £475
UK excluding London median daily rate £400 £409 £380
% change year-on-year
-2.14% +7.56%
Number of hourly rates quoted 0 2 3
Median hourly rate - £8.50 £37.50
Median hourly rate % change year-on-year
- -77.33%
UK excluding London median hourly rate £28.00 £24.00 £19.75
% change year-on-year
+16.66% +21.51%

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