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 21 February 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
21 Feb 2017
Same period 2016 Same period 2015
Solvency II
UK
Rank 547 543 486
Rank change year-on-year
-4 -57
Contract jobs citing Solvency II 49 81 134
As % of all contract IT jobs located in the UK 0.11% 0.16% 0.26%
As % of the Quality Assurance & Compliance category 1.09% 1.60% 2.72%
Number of daily rates quoted 45 69 91
Median daily rate £550 £513 £500
Median daily rate % change year-on-year
+7.31% +2.50%
90% offered a daily rate of more than £457 £373 £375
10% offered a daily rate of more than £650 £617 £650
UK excluding London median daily rate £650 £500 £500
% change year-on-year
+30.00% -
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
4515 5070 4927
As % of all contract IT jobs located in the UK 9.96% 9.91% 9.55%
Number of daily rates quoted 2937 3140 2983
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £270 £225
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £416 £400 £395
% change year-on-year
+4.00% +1.26%
Number of hourly rates quoted 155 195 164
Median hourly rate £20.97 £42.50 £22.50
Median hourly rate % change year-on-year
-50.65% +88.88%
90% offered a hourly rate of more than £11.00 £13.50 £11.00
10% offered a hourly rate of more than £51.90 £61.00 £49.10
UK excluding London median hourly rate £20.00 £44.00 £23.50
% change year-on-year
-54.54% +87.23%

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 21 February 2017.

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 9 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 21 February 2017. 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 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 -1 49 £550 +7.31% 4
London -19 43 £525 - 1
City of London -24 12 £525 -
South East +19 4 £650 +23.80% 1
West Midlands - 1 £625 -
West Sussex - 1 - -
Berkshire - 1 £575 -
Worthing - 1 - -
Solihull - 1 £625 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 21 February 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 with a requirement for Solvency II.

1 66 (52.80%) Finance
2 26 (20.80%) Data Warehouse
3 20 (16.00%) Business Analysis
4 19 (15.20%) Data Quality
4 19 (15.20%) Data Modelling
4 19 (15.20%) Business Intelligence
5 18 (14.40%) SQL
6 14 (11.20%) Data Analysis
7 13 (10.40%) SQL Server Reporting Services
7 13 (10.40%) Banking
7 13 (10.40%) Stakeholder Management
7 13 (10.40%) Analytical Skills
8 12 (9.60%) Data Management
9 11 (8.80%) Project Management
9 11 (8.80%) SQL Server
9 11 (8.80%) Asset Management
9 11 (8.80%) Data Governance
10 10 (8.00%) MiFID
10 10 (8.00%) Investment Management
10 10 (8.00%) Data Extraction
10 10 (8.00%) Agile Software Development
11 9 (7.20%) User Acceptance Testing
12 8 (6.40%) SQL Server Integration Services
12 8 (6.40%) Validation
12 8 (6.40%) Sybase
12 8 (6.40%) VBA
12 8 (6.40%) ETL
13 7 (5.60%) UML
13 7 (5.60%) PRINCE2
13 7 (5.60%) Risk Management

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 4 (3.20%) SharePoint
2 3 (2.40%) BizTalk Server
2 3 (2.40%) Oracle SOA Suite
3 2 (1.60%) Confluence
3 2 (1.60%) SAS
Applications
1 4 (3.20%) MS Visio
2 3 (2.40%) MS Excel
3 1 (0.80%) MS Office
3 1 (0.80%) MS Project
Business Applications
1 2 (1.60%) Dynamics AX
1 2 (1.60%) Dynamics CRM
1 2 (1.60%) Markit EDM
2 1 (0.80%) Dynamics GP
Cloud Services
1 2 (1.60%) SaaS
Communications & Networking
1 1 (0.80%) IMAP
Database & Business Intelligence
1 26 (20.80%) Data Warehouse
2 13 (10.40%) SQL Server Reporting Services
3 11 (8.80%) SQL Server
4 8 (6.40%) SQL Server Integration Services
5 6 (4.80%) SQL Server Analysis Services
6 4 (3.20%) Big Data
7 3 (2.40%) Hadoop
8 2 (1.60%) MS Access
8 2 (1.60%) SAS EBI
Development Applications
1 4 (3.20%) JIRA
2 2 (1.60%) Subversion
2 2 (1.60%) Visual Studio
3 1 (0.80%) ERwin
3 1 (0.80%) Team Foundation Server
General
1 66 (52.80%) Finance
2 13 (10.40%) Banking
3 7 (5.60%) Retail
4 3 (2.40%) Advertising
4 3 (2.40%) Investment Banking
5 2 (1.60%) Front Office
5 2 (1.60%) Legal
5 2 (1.60%) Private Banking
5 2 (1.60%) Retail Banking
5 2 (1.60%) Wholesale Banking
6 1 (0.80%) General Ledger
Job Titles
1 69 (55.20%) Analyst
2 49 (39.20%) Business Analyst
3 18 (14.40%) Solvency II Business Analyst
4 15 (12.00%) Data Analyst
5 12 (9.60%) Project Manager
6 10 (8.00%) Data Quality Analyst
6 10 (8.00%) Insurance Business Analyst
6 10 (8.00%) Quality Analyst
7 9 (7.20%) Business Intelligence Analyst
7 9 (7.20%) Developer
7 9 (7.20%) Excel Analyst
8 8 (6.40%) Architect
8 8 (6.40%) Data Business Analyst
9 7 (5.60%) Report Analyst
10 6 (4.80%) Business Intelligence Business Analyst
10 6 (4.80%) Solvency II Project Manager
11 5 (4.00%) Business Intelligence Developer
11 5 (4.00%) Financial Analyst
11 5 (4.00%) Solutions Architect
12 4 (3.20%) Systems Analyst
Libraries, Frameworks & Software Standards
1 3 (2.40%) .NET
1 3 (2.40%) Middleware
1 3 (2.40%) SAP PI
2 2 (1.60%) ASP.NET
2 2 (1.60%) Flash
3 1 (0.80%) FIX Protocol
3 1 (0.80%) FpML
3 1 (0.80%) MDX
3 1 (0.80%) XML
Miscellaneous
1 13 (10.40%) Analytical Skills
2 5 (4.00%) Management Information System
2 5 (4.00%) Reference Data
2 5 (4.00%) Reinsurance
3 4 (3.20%) Foreign Exchange (FX)
3 4 (3.20%) Market Risk
4 3 (2.40%) Credit Risk
4 3 (2.40%) Data Protection Act
4 3 (2.40%) Data Structures
4 3 (2.40%) Digital Media
4 3 (2.40%) Enterprise Software
4 3 (2.40%) SCADA
4 3 (2.40%) Social Media
5 2 (1.60%) Algorithms
5 2 (1.60%) Derivative
5 2 (1.60%) Equities
5 2 (1.60%) Fixed Income
6 1 (0.80%) Data Centre
6 1 (0.80%) Fintech
Operating Systems
1 2 (1.60%) Unix
Processes & Methodologies
1 20 (16.00%) Business Analysis
2 19 (15.20%) Business Intelligence
2 19 (15.20%) Data Modelling
3 14 (11.20%) Data Analysis
4 13 (10.40%) Stakeholder Management
5 12 (9.60%) Data Management
6 11 (8.80%) Asset Management
6 11 (8.80%) Data Governance
6 11 (8.80%) Project Management
7 10 (8.00%) Agile Software Development
7 10 (8.00%) Data Extraction
7 10 (8.00%) Investment Management
8 9 (7.20%) User Acceptance Testing
9 8 (6.40%) ETL
9 8 (6.40%) Validation
10 7 (5.60%) PRINCE2
10 7 (5.60%) Process Improvement
10 7 (5.60%) Risk Management
10 7 (5.60%) UML
11 6 (4.80%) Analytics
Programming Languages
1 18 (14.40%) SQL
2 8 (6.40%) VBA
3 6 (4.80%) T-SQL
4 3 (2.40%) C#
5 2 (1.60%) C++
5 2 (1.60%) PL/SQL
5 2 (1.60%) Python
5 2 (1.60%) Shell Script
5 2 (1.60%) VB.NET
Qualifications
1 5 (4.00%) Degree
2 3 (2.40%) PMI Certification
2 3 (2.40%) PMP
3 2 (1.60%) IIBA
3 2 (1.60%) ISEB
3 2 (1.60%) PRINCE2 Certification
4 1 (0.80%) AAT
4 1 (0.80%) ACCA
4 1 (0.80%) ISTQB
4 1 (0.80%) ISTQB Foundation Certification
4 1 (0.80%) ITIL Certification
4 1 (0.80%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 19 (15.20%) Data Quality
2 10 (8.00%) MiFID
3 5 (4.00%) IFRS
3 5 (4.00%) Sarbanes-Oxley
4 4 (3.20%) EMIR
5 2 (1.60%) AIFMD
5 2 (1.60%) Basel III
5 2 (1.60%) Dodd-Frank
5 2 (1.60%) IFRS 9
5 2 (1.60%) QA
6 1 (0.80%) Basel II
6 1 (0.80%) ISO20022
6 1 (0.80%) UCITS
Vendors
1 8 (6.40%) Sybase
2 6 (4.80%) Microsoft
3 3 (2.40%) Cloudera
3 3 (2.40%) Guidewire
3 3 (2.40%) MuleSoft
3 3 (2.40%) Oracle
3 3 (2.40%) Pega
3 3 (2.40%) SAP
3 3 (2.40%) Tableau
4 2 (1.60%) Algorithmics
4 2 (1.60%) Bloomberg
4 2 (1.60%) Cognos
4 2 (1.60%) Informatica
4 2 (1.60%) Perforce
5 1 (0.80%) Microgen
5 1 (0.80%) Murex
London
Lawrence Harvey Enterprise
Rate: £500.00 - £600.00 per day
Posted: 6 days ago