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 24 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
24 May 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 38
Contract jobs citing Solvency II 0 0 7
As % of all contract IT jobs located in Suffolk - - 2.42%
As % of the Quality Assurance & Compliance category - - 15.56%
Number of daily rates quoted 0 0 6
Median daily rate - - £450
UK excluding London median daily rate £685 £478 £451
% change year-on-year
+43.45% +5.99%
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
22 9 45
As % of all contract IT jobs located in Suffolk 8.53% 4.41% 15.57%
Number of daily rates quoted 13 6 36
Median daily rate £469 £389 £450
Median daily rate % change year-on-year
+20.57% -13.61%
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 1 0 3
Median hourly rate £22.50 - £8.25
UK excluding London median hourly rate £25.50 £25.00 £21.00
% change year-on-year
+2.00% +19.04%

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