The first table below looks at the demand for Solvency II skills in IT contracts advertised for the Suffolk region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 28 July 2014 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 Suffolk 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
28 Jul 2014
Same period 2013 Same period 2012
Solvency II
Rank 35 23 -
Rank change year-on-year
-12 -
Contract jobs citing Solvency II 11 2 0
As % of all contract IT jobs located in Suffolk 4.10% 1.31% -
As % of the Quality Assurance & Compliance category 32.35% 50.00% -
Number of daily rates quoted 11 2 0
Average daily rate
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£450 £450 -
UK excluding London average daily rate £450 £423 £420
% change year-on-year
+6.50% +0.59%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
Suffolk
Contract IT job ads with a match in the
Quality Assurance & Compliance category
34 4 13
As % of all contract IT jobs located in Suffolk 12.69% 2.61% 5.06%
Number of daily rates quoted 32 3 4
Average daily rate £450 £425 £395
Average daily rate % change year-on-year
+5.88% +7.59%
90% offered a daily rate of more than £393 £305 £381
10% offered a daily rate of more than £463 £465 £416
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 2 1 4
Average hourly rate £8.25 £35.00 £18.00
Average hourly rate % change year-on-year
-76.42% +94.44%
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%
Solvency II
East of England

Solvency II
Jobs Demand Trend in Suffolk

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Suffolk region as a proportion of the total demand within 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

Solvency II
Top 8 Related IT Skills in Suffolk

For the 6 months to 28 July 2014, IT contractor jobs across the Suffolk 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 14 (87.50%) Sun
2 5 (31.25%) Data Migration
2 5 (31.25%) GAP Analysis
2 5 (31.25%) Finance
2 5 (31.25%) Migration
3 4 (25.00%) Degree
4 2 (12.50%) User Acceptance Testing
4 2 (12.50%) Business Analysis

Solvency II
Top Related IT Skills in Suffolk by Category

For the 6 months to 28 July 2014, IT contractor jobs across the Suffolk 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.

General
1 5 (31.25%) Finance
Job Titles
1 16 (100.00%) Business Analyst
1 16 (100.00%) Analyst
2 7 (43.75%) Solvency II Business Analyst
3 5 (31.25%) Insurance Business Analyst
Processes & Methodologies
1 5 (31.25%) GAP Analysis
1 5 (31.25%) Migration
1 5 (31.25%) Data Migration
2 2 (12.50%) Business Analysis
2 2 (12.50%) User Acceptance Testing
Qualifications
1 4 (25.00%) Degree
Vendors
1 14 (87.50%) Sun