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 29 May 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
29 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 465 522 509
Rank change year-on-year
+57 -13
Contract jobs citing Solvency II 132 73 45
As % of all contract IT jobs located in the UK 0.25% 0.14% 0.095%
As % of the Quality Assurance & Compliance category 3.12% 1.73% 1.24%
Number of daily rates quoted 94 55 33
Average daily rate
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of your Daily Rate
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£500 £481 £425
Average daily rate % change year-on-year
+3.89% +13.23%
90% offered a daily rate of more than £415 £396 £350
10% offered a daily rate of more than £680 £595 £525
UK excluding London average daily rate £465 £451 £391
% change year-on-year
+3.21% +15.14%
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
4228 4222 3624
As % of all contract IT jobs located in the UK 7.93% 7.98% 7.65%
Number of daily rates quoted 2655 2582 2204
Average daily rate £413 £400 £425
Average daily rate % change year-on-year
+3.12% -5.88%
90% offered a daily rate of more than £260 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 145 196 110
Average hourly rate £21.00 £21.00 £19.50
Average hourly rate % change year-on-year
- +7.69%
90% offered a hourly rate of more than £11.88 £11.00 £11.50
10% offered a hourly rate of more than £45.00 £45.00 £59.75
UK excluding London average hourly rate £21.55 £21.00 £18.50
% change year-on-year
+2.61% +13.51%

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 29 May 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 25 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 29 May 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 +40 130 £500 +10.98% 30
London +61 84 £550 +10.00% 19
City of London +39 35 £463 -11.90% 3
South West +17 22 £470 +4.32% 2
South East +4 16 £450 -10.00% 1
Surrey +19 10 £450 -10.00%
Dorset - 8 £520 - 2
Swindon +7 7 £490 +8.76%
Bristol +4 7 £440 -5.48%
Wiltshire +3 7 £490 +8.76%
Bournemouth - 6 £515 - 2
Reigate - 6 £450 -
West Midlands -7 3 £525 +35.48% 1
North West -17 3 £700 +16.66% 4
Scotland -3 2 - - 1
Manchester -4 2 £738 +22.91%
Edinburgh -4 2 - -
East Sussex -12 2 - - 1
Brighton - 2 - - 1
Kent +2 1 £515 +24.84%
East of England -4 1 £213 -52.77%
Hertfordshire -12 1 £213 -46.87%
Sussex - 1 £400 -
Redhill - 1 £550 -
Solihull - 1 £525 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 29 May 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.

1 170 (63.67%) Finance
2 77 (28.84%) Stakeholder Management
3 55 (20.60%) Data Warehouse
4 47 (17.60%) SQL
5 42 (15.73%) Data Modelling
6 37 (13.86%) MS Visio
6 37 (13.86%) Analytical Skills
7 35 (13.11%) ETL
8 30 (11.24%) Data Governance
8 30 (11.24%) Microsoft
9 28 (10.49%) Business Intelligence
10 27 (10.11%) Business Analysis
11 24 (8.99%) Cognos
11 24 (8.99%) Banking
12 22 (8.24%) MS Excel
12 22 (8.24%) Project Management
13 20 (7.49%) GAP Analysis
14 19 (7.12%) Basel II
14 19 (7.12%) SQL Server
15 18 (6.74%) SQL Server Integration Services
15 18 (6.74%) Migration
16 17 (6.37%) Quality Management
16 17 (6.37%) Oracle
16 17 (6.37%) UML
16 17 (6.37%) SAS
16 17 (6.37%) MS PowerPoint
16 17 (6.37%) Business Transformation
17 16 (5.99%) BPMN
17 16 (5.99%) IBM
18 15 (5.62%) T-SQL

Solvency II
Top Related IT Skills by Category

For the 6 months to 29 May 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 17 (6.37%) SAS
2 7 (2.62%) SharePoint
Applications
1 37 (13.86%) MS Visio
2 22 (8.24%) MS Excel
3 17 (6.37%) MS PowerPoint
4 14 (5.24%) MS Office
5 9 (3.37%) MS Project
6 3 (1.12%) Spreadsheet
7 1 (0.37%) SPSS
Business Applications
1 13 (4.87%) Cognos TM1
2 7 (2.62%) Cognos Business Intelligence
3 5 (1.87%) Markit EDM
4 3 (1.12%) Oracle General Ledger
5 1 (0.37%) MoSes
Communications & Networking
1 3 (1.12%) IMAP
2 1 (0.37%) DHCP
2 1 (0.37%) FTP
Database & Business Intelligence
1 55 (20.60%) Data Warehouse
2 19 (7.12%) SQL Server
3 18 (6.74%) SQL Server Integration Services
4 14 (5.24%) SQL Server Reporting Services
5 13 (4.87%) OLAP
5 13 (4.87%) SQL Server Analysis Services
6 10 (3.75%) Data Mart
7 9 (3.37%) Relational Database
8 7 (2.62%) SAS Enterprise Guide
8 7 (2.62%) SAS Data Integration Studio
8 7 (2.62%) OLAP Cube
9 4 (1.50%) SQL Server 2012
10 3 (1.12%) Data Mining
10 3 (1.12%) Big Data
10 3 (1.12%) Oracle ODI
11 2 (0.75%) Oracle Database
11 2 (0.75%) Cognos Report Studio
11 2 (0.75%) Hadoop
11 2 (0.75%) SQL Server 2008
11 2 (0.75%) Base SAS
Development Applications
1 4 (1.50%) Subversion
1 4 (1.50%) ERwin
General
1 170 (63.67%) Finance
2 24 (8.99%) Banking
3 8 (3.00%) Legal
3 8 (3.00%) Advertising
4 6 (2.25%) General Ledger
4 6 (2.25%) Back Office
5 1 (0.37%) Front Office
5 1 (0.37%) Financial Institution
5 1 (0.37%) Dutch Language
5 1 (0.37%) French Language
5 1 (0.37%) Investment Banking
5 1 (0.37%) Retail
Job Titles
1 133 (49.81%) Analyst
2 80 (29.96%) Business Analyst
3 43 (16.10%) Project Manager
4 36 (13.48%) Data Analyst
5 31 (11.61%) Solvency II Business Analyst
6 26 (9.74%) Developer
7 24 (8.99%) Solvency II Project Manager
8 19 (7.12%) Insurance Business Analyst
9 14 (5.24%) Senior Analyst
10 13 (4.87%) Senior Business Analyst
10 13 (4.87%) Designer
11 12 (4.49%) Systems Analyst
12 11 (4.12%) Governance Analyst
13 10 (3.75%) Architect
14 9 (3.37%) Test Analyst
14 9 (3.37%) Business Intelligence Developer
15 8 (3.00%) Data Architect
16 7 (2.62%) Consultant
16 7 (2.62%) Business Data Analyst
16 7 (2.62%) TM1 Developer
Libraries, Frameworks & Software Standards
1 5 (1.87%) .NET
2 2 (0.75%) XML
3 1 (0.37%) COM
3 1 (0.37%) .NET Framework
Miscellaneous
1 37 (13.86%) Analytical Skills
2 9 (3.37%) Data Integration
3 8 (3.00%) Data Extraction
4 6 (2.25%) Visualisation
5 5 (1.87%) Derivative
6 4 (1.50%) Reference Data
6 4 (1.50%) Management Information System
7 3 (1.12%) Social Media
8 2 (0.75%) PMI
9 1 (0.37%) Fixed Income
9 1 (0.37%) Equities
9 1 (0.37%) Market Risk
9 1 (0.37%) Credit Risk
9 1 (0.37%) iSeries
9 1 (0.37%) DTCC
9 1 (0.37%) Mathematics
Operating Systems
1 4 (1.50%) UNIX
2 2 (0.75%) Windows
3 1 (0.37%) Windows 7
3 1 (0.37%) Windows Server 2008
3 1 (0.37%) Windows Server 2012
Processes & Methodologies
1 77 (28.84%) Stakeholder Management
2 42 (15.73%) Data Modelling
3 35 (13.11%) ETL
4 30 (11.24%) Data Governance
5 28 (10.49%) Business Intelligence
6 27 (10.11%) Business Analysis
7 22 (8.24%) Project Management
8 20 (7.49%) GAP Analysis
9 18 (6.74%) Migration
10 17 (6.37%) Quality Management
10 17 (6.37%) UML
10 17 (6.37%) Business Transformation
11 16 (5.99%) BPMN
12 15 (5.62%) Data Analysis
12 15 (5.62%) Asset Management
13 14 (5.24%) Requirements Analysis
13 14 (5.24%) User Acceptance Testing
14 13 (4.87%) BPR
14 13 (4.87%) SSADM
14 13 (4.87%) DSDM
Programming Languages
1 47 (17.60%) SQL
2 15 (5.62%) T-SQL
3 12 (4.49%) PL/SQL
4 5 (1.87%) VBA
5 4 (1.50%) Shell Script
6 2 (0.75%) C
6 2 (0.75%) C#
Qualifications
1 7 (2.62%) Degree
2 4 (1.50%) ISTQB
3 3 (1.12%) ISTQB Advanced Certification
4 2 (0.75%) PMP
4 2 (0.75%) PMI Certification
5 1 (0.37%) ISEB
5 1 (0.37%) SAS Certification
5 1 (0.37%) Six Sigma Green Belt
Quality Assurance & Compliance
1 19 (7.12%) Basel II
2 15 (5.62%) Basel III
3 14 (5.24%) Data Quality
3 14 (5.24%) GAAP
4 6 (2.25%) QA
5 4 (1.50%) AIFMD
6 2 (0.75%) EMIR
6 2 (0.75%) Dodd-Frank
6 2 (0.75%) MiFID
System Software
1 2 (0.75%) Active Directory
2 1 (0.37%) VMware Infrastructure
Systems Management
1 3 (1.12%) Oracle EDQ
2 2 (0.75%) HP Quality Center
3 1 (0.37%) EMC NetWorker
Vendors
1 30 (11.24%) Microsoft
2 24 (8.99%) Cognos
3 17 (6.37%) Oracle
4 16 (5.99%) IBM
5 6 (2.25%) Sun
6 5 (1.87%) Business Objects
7 4 (1.50%) HP
8 3 (1.12%) Informatica
9 2 (0.75%) Guidewire
9 2 (0.75%) Tableau
9 2 (0.75%) VMware
10 1 (0.37%) CA
10 1 (0.37%) EMC
10 1 (0.37%) Charles River
10 1 (0.37%) Reuters
10 1 (0.37%) Bloomberg
10 1 (0.37%) SAP
10 1 (0.37%) Netezza
10 1 (0.37%) Cloudera
Wilmslow, Cheshire
HFG
Rate: £600 - £660 per day
Posted: 4 days ago
London
HFG
Rate: £700 - £900 per day
Posted: 10 days ago
West Midlands
HFG
Rate: £450 - £650 per day
Posted: 11 days ago
North East
HFG
Rate: £550 - £650 per day
Posted: 11 days ago
London
HFG
Rate: £450 - £650 per day
Posted: 11 days ago
London
HFG
Rate: £650 per day
Posted: 24 days ago
North East
HFG
Rate: £450 - £650 per annum
Posted: 24 days ago
Bournemouth, Dorset
Vitality
Rate: From £450 to £550 per day depending on experience
Posted: 24 days ago
London
HFG
Rate: £700 - £800 per day
Posted: 25 days ago