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 25 September 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
25 Sep 2016
Same period 2015 Same period 2014
Solvency II
Rank 569 577 536
Rank change year-on-year
+8 -41
Contract jobs citing Solvency II 80 93 110
As % of all contract IT jobs located in the UK 0.15% 0.16% 0.19%
As % of the Quality Assurance & Compliance category 1.59% 1.66% 2.02%
Number of daily rates quoted 74 70 90
Median daily rate £481 £528 £483
Median daily rate % change year-on-year
-8.76% +9.32%
90% offered a daily rate of more than £400 £418 £375
10% offered a daily rate of more than £650 £650 £708
UK excluding London median daily rate £525 £625 £475
% change year-on-year
-16.00% +31.57%
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
5045 5593 5438
As % of all contract IT jobs located in the UK 9.54% 9.65% 9.40%
Number of daily rates quoted 3251 3427 3396
Median daily rate £425 £425 £413
Median daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £250 £275 £225
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £413 £376
% change year-on-year
-3.03% +9.63%
Number of hourly rates quoted 195 236 241
Median hourly rate £27.60 £25.12 £20.00
Median hourly rate % change year-on-year
+9.87% +25.60%
90% offered a hourly rate of more than £10.00 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £55.00 £48.80
UK excluding London median hourly rate £30.41 £30.00 £20.00
% change year-on-year
+1.35% +50.00%

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 25 September 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 19 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 25 September 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 +14 78 £481 -8.33% 4
London +11 64 £475 - 1
City of London +32 30 £451 +1.06% 1
North West +23 4 £588 +11.90% 1
South East +10 4 £438 -32.69% 2
West Midlands -22 4 £450 -30.76%
Cheshire - 3 £550 - 1
Buckinghamshire +20 2 £400 -38.46%
Scotland +18 2 £700 +30.23% 1
Edinburgh +13 2 £700 +115.38%
Milton Keynes +11 2 £400 -38.46%
Wiltshire +9 1 £650 +30.00%
Kent +6 1 £650 +126.08%
Swindon +6 1 £650 +30.00%
South West +2 1 £650 +36.84%
West Sussex +2 1 £425 -
Manchester -1 1 £650 +23.80%
Shropshire -22 1 £575 +35.29%
Chester - 1 £625 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 25 September 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 93 (52.25%) Finance
2 46 (25.84%) SQL
3 31 (17.42%) Business Analysis
4 29 (16.29%) Data Analysis
5 28 (15.73%) Data Warehouse
6 22 (12.36%) ETL
6 22 (12.36%) SQL Server
7 20 (11.24%) Stakeholder Management
8 19 (10.67%) Data Management
9 18 (10.11%) Data Modelling
9 18 (10.11%) Business Intelligence
10 17 (9.55%) Microsoft
10 17 (9.55%) Agile Software Development
10 17 (9.55%) Data Quality
11 15 (8.43%) Analytical Skills
11 15 (8.43%) Test Scripting
12 13 (7.30%) Asset Management
13 11 (6.18%) GAP Analysis
13 11 (6.18%) Project Management
13 11 (6.18%) SQL Server Integration Services
13 11 (6.18%) Migration
14 10 (5.62%) Enterprise Architecture
14 10 (5.62%) Legal
14 10 (5.62%) MS Excel
14 10 (5.62%) Data Migration
15 9 (5.06%) JIRA
15 9 (5.06%) Customer Insight
15 9 (5.06%) UML
16 8 (4.49%) XML
16 8 (4.49%) ERwin

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 1 (0.56%) BizTalk Server
2 1 (0.56%) SAS
2 1 (0.56%) SharePoint
Applications
1 10 (5.62%) MS Excel
2 5 (2.81%) MS Office
2 5 (2.81%) MS PowerPoint
3 1 (0.56%) MS Visio
Business Applications
1 5 (2.81%) Markit EDM
2 2 (1.12%) ReMetrica
3 1 (0.56%) Towers Watson Igloo
Database & Business Intelligence
1 28 (15.73%) Data Warehouse
2 22 (12.36%) SQL Server
3 11 (6.18%) SQL Server Integration Services
4 5 (2.81%) Data Mining
4 5 (2.81%) SQL Server Analysis Services
4 5 (2.81%) SQL Server Reporting Services
5 4 (2.25%) Enterprise Data Warehouse
6 2 (1.12%) MS Access
7 1 (0.56%) Big Data
7 1 (0.56%) BusinessObjects
7 1 (0.56%) Data Lake
7 1 (0.56%) Microsoft Analysis Services
7 1 (0.56%) Oracle Database
7 1 (0.56%) QlikView
7 1 (0.56%) Relational Database
7 1 (0.56%) SQL Server 2008
7 1 (0.56%) SQL Server 2012
Development Applications
1 9 (5.06%) JIRA
2 8 (4.49%) ERwin
3 3 (1.69%) FitNesse
4 1 (0.56%) HP UFT
4 1 (0.56%) Team Foundation Server
General
1 93 (52.25%) Finance
2 10 (5.62%) Legal
3 6 (3.37%) Banking
4 4 (2.25%) Advertising
5 2 (1.12%) General Ledger
5 2 (1.12%) Investment Banking
6 1 (0.56%) Publishing
6 1 (0.56%) Retail
Job Titles
1 81 (45.51%) Analyst
2 49 (27.53%) Business Analyst
3 30 (16.85%) Solvency II Business Analyst
4 28 (15.73%) Project Manager
5 27 (15.17%) Architect
6 15 (8.43%) Insurance Business Analyst
6 15 (8.43%) Test Analyst
7 14 (7.87%) Data Analyst
7 14 (7.87%) Developer
8 13 (7.30%) Solvency II Project Manager
9 12 (6.74%) Data Architect
9 12 (6.74%) Data Business Analyst
10 11 (6.18%) Solutions Architect
11 9 (5.06%) Finance Business Analyst
11 9 (5.06%) Financial Analyst
12 8 (4.49%) SSIS Developer
13 6 (3.37%) Business Intelligence Architect
13 6 (3.37%) Financial Services Business Analyst
13 6 (3.37%) Senior Analyst
13 6 (3.37%) Service Analyst
Libraries, Frameworks & Software Standards
1 8 (4.49%) FpML
1 8 (4.49%) XML
2 5 (2.81%) FIX Protocol
3 2 (1.12%) MDX
4 1 (0.56%) .NET
4 1 (0.56%) Middleware
4 1 (0.56%) SAP PI
Miscellaneous
1 15 (8.43%) Analytical Skills
2 5 (2.81%) Reinsurance
3 4 (2.25%) Data Extraction
4 3 (1.69%) Credit Risk
4 3 (1.69%) Foreign Exchange (FX)
4 3 (1.69%) Virtual Team
5 2 (1.12%) Derivative
5 2 (1.12%) Social Media
6 1 (0.56%) Computer Science
6 1 (0.56%) Data Integration
6 1 (0.56%) Digital Media
6 1 (0.56%) Enterprise Software
6 1 (0.56%) iPad
6 1 (0.56%) Management Information System
6 1 (0.56%) Reference Data
6 1 (0.56%) SCADA
6 1 (0.56%) Tandem
6 1 (0.56%) Visualisation
Processes & Methodologies
1 31 (17.42%) Business Analysis
2 29 (16.29%) Data Analysis
3 22 (12.36%) ETL
4 20 (11.24%) Stakeholder Management
5 19 (10.67%) Data Management
6 18 (10.11%) Business Intelligence
6 18 (10.11%) Data Modelling
7 17 (9.55%) Agile Software Development
8 15 (8.43%) Test Scripting
9 13 (7.30%) Asset Management
10 11 (6.18%) GAP Analysis
10 11 (6.18%) Migration
10 11 (6.18%) Project Management
11 10 (5.62%) Data Migration
11 10 (5.62%) Enterprise Architecture
12 9 (5.06%) Customer Insight
12 9 (5.06%) UML
13 8 (4.49%) Analytics
13 8 (4.49%) SDLC
13 8 (4.49%) User Acceptance Testing
Programming Languages
1 46 (25.84%) SQL
2 6 (3.37%) T-SQL
2 6 (3.37%) VBA
3 3 (1.69%) Shell Script
4 1 (0.56%) C#
4 1 (0.56%) PL/SQL
4 1 (0.56%) VB
Qualifications
1 2 (1.12%) Degree
2 1 (0.56%) ACCA
2 1 (0.56%) CIMA
2 1 (0.56%) ISEB
2 1 (0.56%) ISEB Practitioner
Quality Assurance & Compliance
1 17 (9.55%) Data Quality
2 3 (1.69%) QA
3 1 (0.56%) Basel II
3 1 (0.56%) GAAP
3 1 (0.56%) ISO20022
3 1 (0.56%) MiFID
3 1 (0.56%) PCI DSS
Systems Management
1 2 (1.12%) HP Quality Center
Vendors
1 17 (9.55%) Microsoft
2 3 (1.69%) Oracle
3 2 (1.12%) Microgen
3 2 (1.12%) Murex
4 1 (0.56%) Bloomberg
4 1 (0.56%) Guidewire
4 1 (0.56%) HP
4 1 (0.56%) MuleSoft
4 1 (0.56%) Pega
4 1 (0.56%) SAP
4 1 (0.56%) Tableau
City, London
Lawrence Harvey Enterprise
Rate: £450.00 - £550 per day
Posted: 6 days ago