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 average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 27 November 2014 with a comparison to the same period in 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.

Location
3 months to
27 Nov 2014
Same period 2013 Same period 2012
Solvency II
Rank 90 86 89
Rank change year-on-year
-4 +3
Contract jobs citing Solvency II 6 1 1
As % of all contract IT jobs located in Surrey 0.39% 0.075% 0.077%
As % of the Quality Assurance & Compliance category 4.23% 0.83% 1.19%
Number of daily rates quoted 6 1 1
Average daily rate
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£465 £500 £300
Average daily rate % change year-on-year
-7.00% +66.66%
UK excluding London average daily rate £514 £435 £400
% change year-on-year
+18.10% +8.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
South East

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
142 121 84
As % of all contract IT jobs located in Surrey 9.27% 9.10% 6.48%
Number of daily rates quoted 67 72 50
Average daily rate £369 £350 £400
Average daily rate % change year-on-year
+5.35% -12.50%
90% offered a daily rate of more than £243 £210 £294
10% offered a daily rate of more than £550 £425 £459
UK excluding London average daily rate £368 £350 £363
% change year-on-year
+5.00% -3.44%
Number of hourly rates quoted 15 3 5
Average hourly rate £42.50 £14.00 £16.72
Average hourly rate % change year-on-year
+203.57% -16.26%
90% offered a hourly rate of more than £15.80 £14.00 £8.50
10% offered a hourly rate of more than £45.00 £14.00 £39.60
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

Solvency II
Jobs Demand Trend in Surrey

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the Surrey region as a proportion of the total demand within 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
Daily Rate Histogram in Surrey

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the Surrey region over the 3 months to 27 November 2014.

Solvency II Daily Rate Histogram in Surrey

Solvency II
Top 19 Related IT Skills in Surrey

For the 6 months to 27 November 2014, IT contractor jobs across the Surrey 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 7 (70.00%) Finance
2 6 (60.00%) Quality Management
2 6 (60.00%) Risk Analysis
2 6 (60.00%) Data Governance
3 5 (50.00%) Data Quality
4 4 (40.00%) Data Management
4 4 (40.00%) QA
4 4 (40.00%) Legal
5 3 (30.00%) MS Office
6 2 (20.00%) MS Visio
6 2 (20.00%) IBM Blueworks
6 2 (20.00%) Validation
6 2 (20.00%) Change Management
6 2 (20.00%) Management Information System
6 2 (20.00%) Workflow
6 2 (20.00%) Six Sigma
6 2 (20.00%) ACCA
7 1 (10.00%) Stakeholder Management
7 1 (10.00%) SAS

Solvency II
Top Related IT Skills in Surrey by Category

For the 6 months to 27 November 2014, IT contractor jobs across the Surrey 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.

Application Platforms
1 1 (10.00%) SAS
Applications
1 3 (30.00%) MS Office
2 2 (20.00%) MS Visio
Cloud Services
1 2 (20.00%) IBM Blueworks
General
1 7 (70.00%) Finance
2 4 (40.00%) Legal
Job Titles
1 6 (60.00%) Data Manager
1 6 (60.00%) Data Governance Manager
1 6 (60.00%) Governance Manager
2 2 (20.00%) Financial Business Analyst
2 2 (20.00%) Solvency II Business Analyst
2 2 (20.00%) Business Analyst
2 2 (20.00%) Analyst
3 1 (10.00%) Solutions Architect
3 1 (10.00%) Business Process Analyst
3 1 (10.00%) Senior Manager
3 1 (10.00%) Process Analyst
3 1 (10.00%) Architect
3 1 (10.00%) Project Manager
3 1 (10.00%) Senior Project Manager
3 1 (10.00%) SAS Architect
3 1 (10.00%) IT Governance Manager
Miscellaneous
1 2 (20.00%) Management Information System
Processes & Methodologies
1 6 (60.00%) Quality Management
1 6 (60.00%) Risk Analysis
1 6 (60.00%) Data Governance
2 4 (40.00%) Data Management
3 2 (20.00%) Validation
3 2 (20.00%) Change Management
3 2 (20.00%) Workflow
3 2 (20.00%) Six Sigma
4 1 (10.00%) Stakeholder Management
Qualifications
1 2 (20.00%) ACCA
Quality Assurance & Compliance
1 5 (50.00%) Data Quality
2 4 (40.00%) QA