The table below looks at the statistics for Solvency II skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 1 July 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
1 Jul 2016
Same period 2015 Same period 2014
Solvency II
Rank 534 511 546
Rank change year-on-year
-23 +35
Contract jobs citing Solvency II 104 132 90
As % of all contract IT jobs located in the UK 0.19% 0.24% 0.17%
As % of the Quality Assurance & Compliance category 2.07% 2.55% 1.76%
Number of daily rates quoted 83 100 70
Median daily rate £530 £483 £460
Median daily rate % change year-on-year
+9.84% +4.89%
90% offered a daily rate of more than £442 £400 £396
10% offered a daily rate of more than £650 £700 £550
UK excluding London median daily rate £456 £465 £450
% change year-on-year
-1.88% +3.33%
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 across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
5027 5180 5101
As % of all contract IT jobs located in the UK 9.40% 9.23% 9.46%
Number of daily rates quoted 3208 3324 3158
Median daily rate £425 £420 £405
Median daily rate % change year-on-year
+1.19% +3.70%
90% offered a daily rate of more than £250 £255 £243
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £385 £369
% change year-on-year
+3.89% +4.40%
Number of hourly rates quoted 203 184 215
Median hourly rate £28.00 £21.55 £21.00
Median hourly rate % change year-on-year
+29.93% +2.61%
90% offered a hourly rate of more than £11.83 £12.50 £12.80
10% offered a hourly rate of more than £47.50 £51.29 £42.00
UK excluding London median hourly rate £28.00 £21.55 £20.75
% change year-on-year
+29.93% +3.85%

Solvency II
Jobs Demand Trend

The demand trend of contract jobs 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 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 1 July 2016.

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 24 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II within the UK over the 3 months to 1 July 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -22 100 £530 +10.41% 5
London -25 80 £540 +9.36% 4
City of London +15 39 £550 +15.78% 3
South East +18 14 £450 +5.88% 1
West Sussex - 10 £455 - 1
Worthing - 9 £485 - 1
South West -8 3 £463 -
Scotland -22 3 £325 - 1
Stirling - 3 £325 -
Buckinghamshire - 3 £450 -
Milton Keynes - 3 £450 -
Bournemouth - 2 £451 -
Dorset - 2 £451 -
East of England +11 1 £325 +52.94%
Cheshire -8 1 £475 -28.03%
North West -10 1 £475 -28.03%
Wiltshire -10 1 £650 +32.65%
Swindon -12 1 £650 +32.65%
Nottinghamshire - 1 £525 -
Kent - 1 £650 -
Chelmsford - 1 £325 -
Nottingham - 1 £525 -
East Midlands - 1 £525 -
Essex - 1 £325 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 1 July 2016, 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 with a requirement for Solvency II.

1 94 (52.81%) Finance
2 46 (25.84%) SQL
3 37 (20.79%) Business Intelligence
4 33 (18.54%) Data Warehouse
5 32 (17.98%) Data Modelling
6 30 (16.85%) Data Analysis
7 29 (16.29%) ETL
7 29 (16.29%) SQL Server
8 28 (15.73%) Business Analysis
9 24 (13.48%) SQL Server Integration Services
10 22 (12.36%) Stakeholder Management
11 20 (11.24%) Data Management
12 19 (10.67%) Test Scripting
13 18 (10.11%) Asset Management
14 16 (8.99%) Project Management
14 16 (8.99%) SQL Server Reporting Services
14 16 (8.99%) Data Quality
15 14 (7.87%) Migration
15 14 (7.87%) SQL Server Analysis Services
16 13 (7.30%) Data Migration
16 13 (7.30%) GAP Analysis
17 12 (6.74%) Analytical Skills
17 12 (6.74%) SDLC
18 11 (6.18%) Microsoft
19 10 (5.62%) UML
19 10 (5.62%) ERwin
19 10 (5.62%) Enterprise Architecture
19 10 (5.62%) Data Lineage
20 9 (5.06%) JIRA
20 9 (5.06%) Markit EDM

Solvency II
Top Related IT Skills 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:

Application Platforms
1 8 (4.49%) Confluence
2 2 (1.12%) SharePoint
3 1 (0.56%) BizTalk Server
3 1 (0.56%) SAS
Applications
1 4 (2.25%) MS Excel
2 3 (1.69%) MS Visio
3 2 (1.12%) MS Project
4 1 (0.56%) MS Office
4 1 (0.56%) MS PowerPoint
4 1 (0.56%) Spreadsheet
Business Applications
1 9 (5.06%) Markit EDM
2 1 (0.56%) HFM
2 1 (0.56%) ReMetrica
2 1 (0.56%) Towers Watson Igloo
Communications & Networking
1 1 (0.56%) IMAP
Database & Business Intelligence
1 33 (18.54%) Data Warehouse
2 29 (16.29%) SQL Server
3 24 (13.48%) SQL Server Integration Services
4 16 (8.99%) SQL Server Reporting Services
5 14 (7.87%) SQL Server Analysis Services
6 4 (2.25%) Enterprise Data Warehouse
6 4 (2.25%) SQL Server 2008
7 3 (1.69%) Microsoft Analysis Services
7 3 (1.69%) Oracle Database
8 2 (1.12%) QlikView
9 1 (0.56%) Big Data
9 1 (0.56%) BusinessObjects
9 1 (0.56%) Data Mining
9 1 (0.56%) OLAP
9 1 (0.56%) Power BI
9 1 (0.56%) PowerPivot
9 1 (0.56%) Relational Database
9 1 (0.56%) SAP Data Services
9 1 (0.56%) SQL Server 2012
Development Applications
1 10 (5.62%) ERwin
2 9 (5.06%) JIRA
3 4 (2.25%) FitNesse
4 2 (1.12%) HP UFT
5 1 (0.56%) MSI
5 1 (0.56%) Team Foundation Server
General
1 94 (52.81%) Finance
2 9 (5.06%) Legal
3 7 (3.93%) Banking
4 3 (1.69%) Advertising
5 2 (1.12%) General Ledger
5 2 (1.12%) Investment Banking
6 1 (0.56%) Back Office
6 1 (0.56%) Publishing
6 1 (0.56%) Retail
Job Titles
1 92 (51.69%) Analyst
2 52 (29.21%) Business Analyst
3 35 (19.66%) Solvency II Business Analyst
4 28 (15.73%) Developer
5 27 (15.17%) Architect
6 23 (12.92%) Project Manager
7 20 (11.24%) Insurance Business Analyst
8 17 (9.55%) SSIS Developer
9 15 (8.43%) Data Business Analyst
9 15 (8.43%) SQL Developer
10 14 (7.87%) SQL Analyst
11 13 (7.30%) Business Intelligence Developer
11 13 (7.30%) Data Architect
12 12 (6.74%) Test Analyst
13 11 (6.18%) Solvency II Project Manager
14 10 (5.62%) Data Analyst
14 10 (5.62%) Solutions Architect
15 9 (5.06%) Analyst Developer
15 9 (5.06%) Senior Analyst
15 9 (5.06%) Technical Analyst
Libraries, Frameworks & Software Standards
1 8 (4.49%) FpML
1 8 (4.49%) XML
2 6 (3.37%) MDX
3 5 (2.81%) FIX Protocol
4 1 (0.56%) Middleware
4 1 (0.56%) SAP PI
Miscellaneous
1 12 (6.74%) Analytical Skills
2 4 (2.25%) Reference Data
2 4 (2.25%) Reinsurance
3 3 (1.69%) Derivative
3 3 (1.69%) Foreign Exchange (FX)
3 3 (1.69%) iPad
3 3 (1.69%) Virtual Team
4 2 (1.12%) Data Integration
4 2 (1.12%) Social Media
4 2 (1.12%) Visualisation
5 1 (0.56%) Computer Science
5 1 (0.56%) Credit Risk
5 1 (0.56%) Data Extraction
5 1 (0.56%) Digital Media
5 1 (0.56%) Enterprise Software
5 1 (0.56%) Management Information System
5 1 (0.56%) PMI
5 1 (0.56%) SCADA
5 1 (0.56%) Tandem
Processes & Methodologies
1 37 (20.79%) Business Intelligence
2 32 (17.98%) Data Modelling
3 30 (16.85%) Data Analysis
4 29 (16.29%) ETL
5 28 (15.73%) Business Analysis
6 22 (12.36%) Stakeholder Management
7 20 (11.24%) Data Management
8 19 (10.67%) Test Scripting
9 18 (10.11%) Asset Management
10 16 (8.99%) Project Management
11 14 (7.87%) Migration
12 13 (7.30%) Data Migration
12 13 (7.30%) GAP Analysis
13 12 (6.74%) SDLC
14 10 (5.62%) Data Lineage
14 10 (5.62%) Enterprise Architecture
14 10 (5.62%) UML
15 8 (4.49%) Agile Software Development
15 8 (4.49%) Investment Management
16 7 (3.93%) Data Governance
Programming Languages
1 46 (25.84%) SQL
2 8 (4.49%) T-SQL
3 3 (1.69%) Shell Script
4 2 (1.12%) VBA
5 1 (0.56%) C
5 1 (0.56%) PL/SQL
5 1 (0.56%) VB
Qualifications
1 7 (3.93%) ACCA
1 7 (3.93%) CIMA
2 5 (2.81%) ISEB
3 3 (1.69%) Degree
4 1 (0.56%) CFA
4 1 (0.56%) ISEB Practitioner
4 1 (0.56%) PMI Certification
Quality Assurance & Compliance
1 16 (8.99%) Data Quality
2 6 (3.37%) GAAP
2 6 (3.37%) QA
3 3 (1.69%) Basel II
4 2 (1.12%) Basel III
5 1 (0.56%) FATCA
5 1 (0.56%) ISO20022
Systems Management
1 2 (1.12%) HP Quality Center
Vendors
1 11 (6.18%) Microsoft
2 5 (2.81%) Bloomberg
2 5 (2.81%) Oracle
3 3 (1.69%) Tableau
4 2 (1.12%) Cognos
4 2 (1.12%) Microgen
4 2 (1.12%) Murex
4 2 (1.12%) SAP
5 1 (0.56%) Guidewire
5 1 (0.56%) HP
5 1 (0.56%) MuleSoft
5 1 (0.56%) Pega
City, London
Red10
Rate: £500 - £525 per day
Posted: Yesterday
London
Northern Trust Careers
Posted: 8 hours ago
City, London
Parallel Consulting
Rate: £550 - £600 per day
Posted: 3 days ago
Worthing, West Sussex
ARC IT Recruitment Ltd
Rate: £450 per day
Posted: 6 days ago