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 September 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 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank - - 28
Contract jobs citing Solvency II 0 0 4
As % of all contract IT jobs located in Suffolk - - 2.07%
As % of the Quality Assurance & Compliance category - - 30.77%
Number of daily rates quoted 0 0 4
Median daily rate - - £438
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
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
20 15 13
As % of all contract IT jobs located in Suffolk 9.30% 6.41% 6.74%
Number of daily rates quoted 4 9 10
Median daily rate £265 £350 £438
Median daily rate % change year-on-year
-24.28% -20.00%
90% offered a daily rate of more than £188 £195 £368
10% offered a daily rate of more than £426 £475 £451
UK excluding London median daily rate £400 £413 £379
% change year-on-year
-3.03% +8.83%
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 £30.41 £29.50 £20.00
% change year-on-year
+3.06% +47.50%

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