The table below looks at the statistics for Solvency II skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 27 February 2015 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 Feb 2015
Same period 2014 Same period 2013
Solvency II
Rank 441 516 470
Rank change year-on-year
+75 -46
Contract jobs citing Solvency II 135 50 67
As % of all contract IT jobs located in the UK 0.26% 0.099% 0.15%
As % of the Quality Assurance & Compliance category 3.29% 1.27% 2.05%
Number of daily rates quoted 97 38 50
Average daily rate
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of your Daily Rate
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£500 £476 £425
Average daily rate % change year-on-year
+5.15% +11.88%
90% offered a daily rate of more than £375 £371 £361
10% offered a daily rate of more than £635 £606 £578
UK excluding London average daily rate £500 £451 £425
% change year-on-year
+10.98% +6.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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 across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4108 3942 3275
As % of all contract IT jobs located in the UK 7.83% 7.84% 7.30%
Number of daily rates quoted 2409 2316 1845
Average daily rate £400 £400 £400
90% offered a daily rate of more than £225 £243 £225
10% offered a daily rate of more than £588 £600 £600
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 139 142 203
Average hourly rate £19.00 £16.00 £21.90
Average hourly rate % change year-on-year
+18.75% -26.92%
90% offered a hourly rate of more than £11.00 £10.80 £10.50
10% offered a hourly rate of more than £49.50 £44.16 £47.75
UK excluding London average hourly rate £18.50 £16.00 £20.00
% change year-on-year
+15.62% -20.00%

Solvency II
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Solvency II within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the UK

Solvency II
Daily Rate Trend

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

Solvency II Daily Rate Trend in the UK

Solvency II
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II within the UK over the 3 months to 27 February 2015.

Solvency II Daily Rate Histogram in the UK

Solvency II
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Solvency II within the UK.

Solvency II Hourly Rate Trend in the UK

Solvency II
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Solvency II within the UK over the 3 months to 27 February 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +67 135 £500 +5.15% 39
London +43 79 £510 -2.85% 31
City of London +42 40 £513 -2.38% 9
South East -9 26 £425 -2.85%
Surrey +16 19 £463 -11.90%
Reigate +12 3 £500 -4.76%
East of England - 1 £250 -
Scotland - - - - 1
Southampton - - - -
Hampshire - - - -
Hertfordshire - - - -
Potters Bar - - - -
Edinburgh - - - - 1
Glasgow - - - -

Solvency II
Top 30 Related IT Skills

For the 6 months to 27 February 2015, IT contractor jobs within the UK 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.

1 152 (62.81%) Finance
2 61 (25.21%) Stakeholder Management
3 39 (16.12%) Data Warehouse
4 32 (13.22%) Analytical Skills
5 30 (12.40%) SQL
6 28 (11.57%) MS Visio
6 28 (11.57%) GAP Analysis
7 27 (11.16%) Banking
8 26 (10.74%) Business Analysis
9 25 (10.33%) Data Modelling
10 24 (9.92%) Basel II
11 23 (9.50%) Project Management
11 23 (9.50%) Basel III
12 20 (8.26%) Data Governance
12 20 (8.26%) UML
13 18 (7.44%) Microsoft
13 18 (7.44%) BPMN
14 17 (7.02%) Business Transformation
14 17 (7.02%) Requirements Analysis
14 17 (7.02%) MS Office
14 17 (7.02%) Change Management
15 16 (6.61%) Cognos
15 16 (6.61%) SSADM
15 16 (6.61%) DSDM
15 16 (6.61%) BPR
16 15 (6.20%) ETL
16 15 (6.20%) Risk Management
17 14 (5.79%) Advertising
17 14 (5.79%) Validation
17 14 (5.79%) Data Management

Solvency II
Top Related IT Skills by Category

For the 6 months to 27 February 2015, IT contractor jobs within the UK 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 11 (4.55%) SAS
2 6 (2.48%) SharePoint
Applications
1 28 (11.57%) MS Visio
2 17 (7.02%) MS Office
3 11 (4.55%) MS Excel
4 8 (3.31%) MS Project
5 7 (2.89%) MS PowerPoint
6 5 (2.07%) Spreadsheet
Business Applications
1 12 (4.96%) Cognos TM1
2 4 (1.65%) Cognos Business Intelligence
3 2 (0.83%) CODA-Financials
3 2 (0.83%) Markit EDM
4 1 (0.41%) HFM
4 1 (0.41%) MoSes
4 1 (0.41%) Towers Watson Igloo
Cloud Services
1 2 (0.83%) IBM Blueworks
Communications & Networking
1 9 (3.72%) IMAP
Database & Business Intelligence
1 39 (16.12%) Data Warehouse
2 10 (4.13%) SQL Server
3 8 (3.31%) SQL Server Integration Services
4 7 (2.89%) SAS Enterprise Guide
4 7 (2.89%) SAS Data Integration Studio
5 5 (2.07%) SQL Server Reporting Services
6 3 (1.24%) Data Mart
6 3 (1.24%) SQL Server 2012
7 2 (0.83%) SQL Server 2008
7 2 (0.83%) QlikView
7 2 (0.83%) SQL Server Analysis Services
8 1 (0.41%) Base SAS
8 1 (0.41%) BusinessObjects XI
8 1 (0.41%) Oracle Reports
8 1 (0.41%) Ingres
8 1 (0.41%) Snowflake Schema
8 1 (0.41%) PowerCenter
Development Applications
1 1 (0.41%) JIRA
General
1 152 (62.81%) Finance
2 27 (11.16%) Banking
3 14 (5.79%) Advertising
4 9 (3.72%) Legal
5 7 (2.89%) General Ledger
6 2 (0.83%) Back Office
6 2 (0.83%) Investment Banking
7 1 (0.41%) Retail
7 1 (0.41%) Telecoms
Job Titles
1 129 (53.31%) Analyst
2 75 (30.99%) Business Analyst
3 52 (21.49%) Project Manager
4 33 (13.64%) Solvency II Business Analyst
5 25 (10.33%) Solvency II Project Manager
6 20 (8.26%) Systems Analyst
7 18 (7.44%) Senior Analyst
7 18 (7.44%) Data Analyst
8 16 (6.61%) Senior Business Analyst
9 12 (4.96%) Designer
10 11 (4.55%) Test Analyst
10 11 (4.55%) Architect
11 9 (3.72%) Consultant
12 8 (3.31%) Developer
12 8 (3.31%) Business Project Manager
12 8 (3.31%) Business Manager
12 8 (3.31%) Insurance Business Analyst
13 7 (2.89%) Data Manager
13 7 (2.89%) Programme Manager
13 7 (2.89%) Data Governance Manager
Libraries, Frameworks & Software Standards
1 5 (2.07%) .NET
2 1 (0.41%) COM
2 1 (0.41%) Web Services
Miscellaneous
1 32 (13.22%) Analytical Skills
2 5 (2.07%) Data Extraction
3 3 (1.24%) PMI
4 2 (0.83%) Management Information System
4 2 (0.83%) Credit Risk
4 2 (0.83%) Data Structures
5 1 (0.41%) Market Risk
5 1 (0.41%) Reference Data
5 1 (0.41%) Data Integration
5 1 (0.41%) Enterprise Software
5 1 (0.41%) Replication
5 1 (0.41%) Derivative
5 1 (0.41%) Taxonomies
Operating Systems
1 1 (0.41%) UNIX
1 1 (0.41%) Windows
Processes & Methodologies
1 61 (25.21%) Stakeholder Management
2 28 (11.57%) GAP Analysis
3 26 (10.74%) Business Analysis
4 25 (10.33%) Data Modelling
5 23 (9.50%) Project Management
6 20 (8.26%) UML
6 20 (8.26%) Data Governance
7 18 (7.44%) BPMN
8 17 (7.02%) Requirements Analysis
8 17 (7.02%) Change Management
8 17 (7.02%) Business Transformation
9 16 (6.61%) SSADM
9 16 (6.61%) DSDM
9 16 (6.61%) BPR
10 15 (6.20%) Risk Management
10 15 (6.20%) ETL
11 14 (5.79%) Validation
11 14 (5.79%) Data Management
12 11 (4.55%) PRINCE2
13 10 (4.13%) Quality Management
Programming Languages
1 30 (12.40%) SQL
2 6 (2.48%) PL/SQL
3 3 (1.24%) T-SQL
4 2 (0.83%) C
5 1 (0.41%) C#
5 1 (0.41%) VBA
5 1 (0.41%) Shell Script
Qualifications
1 6 (2.48%) ISEB
1 6 (2.48%) Degree
1 6 (2.48%) VCP4
2 5 (2.07%) ISTQB
3 3 (1.24%) ISTQB Advanced Certification
3 3 (1.24%) PMP
3 3 (1.24%) PMI Certification
4 2 (0.83%) ACCA
5 1 (0.41%) Microsoft Certification
5 1 (0.41%) PRINCE2 Certification
5 1 (0.41%) MCSE
Quality Assurance & Compliance
1 24 (9.92%) Basel II
2 23 (9.50%) Basel III
3 12 (4.96%) Data Quality
4 9 (3.72%) QA
5 7 (2.89%) GAAP
6 2 (0.83%) FATCA
6 2 (0.83%) AIFMD
7 1 (0.41%) COREP
7 1 (0.41%) FINREP
7 1 (0.41%) Sarbanes-Oxley
Systems Management
1 4 (1.65%) HP Quality Center
Vendors
1 18 (7.44%) Microsoft
2 16 (6.61%) Cognos
3 9 (3.72%) IBM
4 6 (2.48%) Oracle
5 3 (1.24%) Business Objects
5 3 (1.24%) HP
5 3 (1.24%) Informatica
6 2 (0.83%) CODA
6 2 (0.83%) Sun
7 1 (0.41%) Reuters
7 1 (0.41%) Netezza
7 1 (0.41%) SAP
City, London
Oliver James Associates
Rate: £500 - £650 per day
Posted: 7 hours ago
City, London
Oliver James Associates
Rate: £500 - £700 per day
Posted: 7 hours ago
London
HFG
Rate: £500 - £600 per day
Posted: 8 hours ago
London
HFG
Rate: £600 - £700 per annum
Posted: 8 hours ago
UK
Initi8 Recruitment
Rate: £500 - £570 Per Day
Posted: 10 hours ago
Bournemouth, Dorset
Circle Recruitment
Rate: £500 - £565 per day
Posted: 10 hours ago
Birmingham, West Midlands (County)
Oliver James Associates
Rate: £500 - £600 per day
Posted: 2 days ago
Bromley, Kent
JM
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
JM
Rate: £500 - £575 per day
Posted: 2 days ago
London
Aston Carter
Rate: £450 - £550 per day
Posted: 2 days ago
Bromley
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £400 - £550 per day
Posted: 3 days ago
London
Initi8 Recruitment
Posted: 4 days ago
City, London
Initi8 Recruitment
Rate: £400 - £500 Per Day
Posted: 4 days ago
London
Initi8 Recruitment
Rate: £400 - £450 Per Day
Posted: 4 days ago
City of London
Ortolan Group
Rate: £550 - £600 per day
Posted: 8 days ago
Manchester
HFG
Rate: £650 - £750 per day
Posted: 14 days ago
London
Austin Fraser Limited
Rate: £0.00 per day + Market Rates
Posted: 18 days ago
Bristol
Orgtel
Rate: £600 - £750 per day + competitive
Posted: 23 days ago