The table below looks at the statistics for Solvency II skills in IT contracts advertised for the Surrey region. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 1 March 2017 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
1 Mar 2017
Same period 2016 Same period 2015
Solvency II
South East / Surrey
Rank - - 73
Contract jobs citing Solvency II 0 0 19
As % of all contract IT jobs located in Surrey - - 1.33%
As % of the Quality Assurance & Compliance category - - 9.60%
Number of daily rates quoted 0 0 12
Median daily rate - - £463
UK excluding London median daily rate £638 £500 £500
% change year-on-year
+27.50% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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 Surrey region.

Quality Assurance & Compliance Category
Surrey
Contract IT job ads with a match in the
Quality Assurance & Compliance category
125 164 198
As % of all contract IT jobs located in Surrey 12.28% 13.12% 13.83%
Number of daily rates quoted 94 90 73
Median daily rate £450 £450 £425
Median daily rate % change year-on-year
- +5.88%
90% offered a daily rate of more than £275 £211 £257
10% offered a daily rate of more than £620 £600 £550
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 4 22 5
Median hourly rate £17.00 £52.50 £20.00
Median hourly rate % change year-on-year
-67.61% +162.50%
90% offered a hourly rate of more than £14.45 £35.00 £17.30
10% offered a hourly rate of more than £18.50 £61.00 £50.00
UK excluding London median hourly rate £20.00 £42.50 £23.00
% change year-on-year
-52.94% +84.78%

Solvency II
Jobs Demand Trend in Surrey

The demand trend of contract jobs across the Surrey 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 Surrey

Solvency II
Daily Rate Trend in Surrey

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

Solvency II Daily Rate Trend in Surrey

Solvency II
Top 18 Related IT Skills in Surrey

For the 6 months to 1 March 2017, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Surrey region with a requirement for Solvency II.

1 4 (80.00%) Data Modelling
2 3 (60.00%) Process Improvement
2 3 (60.00%) PRINCE
2 3 (60.00%) PRINCE2
2 3 (60.00%) GAP Analysis
2 3 (60.00%) Finance
3 2 (40.00%) User Acceptance Testing
3 2 (40.00%) Integration Testing
3 2 (40.00%) Data Extraction
3 2 (40.00%) Business Process Analysis
4 1 (20.00%) Logical Data Model
4 1 (20.00%) Reinsurance
4 1 (20.00%) Planning and Forecasting
4 1 (20.00%) IIBA
4 1 (20.00%) Data Warehouse
4 1 (20.00%) Advertising
4 1 (20.00%) Degree
4 1 (20.00%) Mathematics

Solvency II
Top Related IT Skills in Surrey by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 1 (20.00%) Data Warehouse
General
1 3 (60.00%) Finance
2 1 (20.00%) Advertising
Job Titles
1 5 (100.00%) Analyst
2 4 (80.00%) Business Analyst
2 4 (80.00%) Solvency II Business Analyst
3 1 (20.00%) Report Analyst
3 1 (20.00%) Technical Analyst
Miscellaneous
1 1 (20.00%) Reinsurance
Processes & Methodologies
1 4 (80.00%) Data Modelling
2 3 (60.00%) GAP Analysis
2 3 (60.00%) PRINCE
2 3 (60.00%) PRINCE2
2 3 (60.00%) Process Improvement
3 2 (40.00%) Business Process Analysis
3 2 (40.00%) Data Extraction
3 2 (40.00%) Integration Testing
3 2 (40.00%) User Acceptance Testing
4 1 (20.00%) Logical Data Model
4 1 (20.00%) Mathematics
4 1 (20.00%) Planning and Forecasting
Qualifications
1 1 (20.00%) Degree
1 1 (20.00%) IIBA