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 5 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
5 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 472 505 499
Rank change year-on-year
+33 -6
Contract jobs citing Solvency II 137 77 54
As % of all contract IT jobs located in the UK 0.25% 0.14% 0.11%
As % of the Quality Assurance & Compliance category 3.16% 1.78% 1.51%
Number of daily rates quoted 103 52 41
Average daily rate
Keep up to 90%
of your Daily Rate
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£505 £500 £450
Average daily rate % change year-on-year
+1.00% +11.11%
90% offered a daily rate of more than £418 £386 £350
10% offered a daily rate of more than £685 £600 £600
UK excluding London average daily rate £500 £451 £410
% change year-on-year
+10.98% +9.87%
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
4338 4327 3567
As % of all contract IT jobs located in the UK 7.76% 7.93% 7.50%
Number of daily rates quoted 2630 2617 2122
Average daily rate £400 £400 £420
Average daily rate % change year-on-year
- -4.76%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £365 £338
% change year-on-year
+2.73% +8.14%
Number of hourly rates quoted 138 192 133
Average hourly rate £21.55 £21.00 £18.25
Average hourly rate % change year-on-year
+2.61% +15.06%
90% offered a hourly rate of more than £11.71 £11.00 £10.00
10% offered a hourly rate of more than £43.50 £45.49 £135.00
UK excluding London average hourly rate £21.55 £21.00 £15.00
% change year-on-year
+2.61% +40.00%

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 5 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 30 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 5 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 +42 137 £505 +1.00% 23
London +60 75 £550 +10.00% 17
City of London +32 33 £550 +4.76% 5
South West +13 27 £490 +8.76% 4
South East -13 24 £500 -
Surrey +16 16 £450 -14.28%
Wiltshire +12 10 £500 +10.98%
Swindon +10 10 £500 +10.98%
Dorset - 9 £526 -
Reigate +11 8 £450 -14.28%
Bristol +6 8 £449 -10.15% 4
Bournemouth - 6 £515 -
Yorkshire - 4 £550 -
Leeds - 4 £550 -
West Yorkshire - 4 £550 -
North West -17 3 £700 +94.44% 2
Manchester -2 2 £738 +22.91%
East Sussex -11 2 - -
Kent - 2 £433 -
Brighton - 2 - -
West Midlands - 2 £588 -
East of England +11 1 £213 -52.77%
West Sussex -27 1 - -
Sussex - 1 £750 -
South Coast - 1 £650 -
Bromley - 1 £475 -
Poole - 1 £600 -
Redhill - 1 £550 -
Staffordshire - 1 £425 -
Stoke-on-Trent - 1 £425 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 5 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.

1 158 (61.24%) Finance
2 79 (30.62%) Stakeholder Management
3 41 (15.89%) Data Warehouse
4 39 (15.12%) MS Visio
4 39 (15.12%) Data Modelling
5 38 (14.73%) Analytical Skills
6 37 (14.34%) SQL
7 29 (11.24%) Microsoft
8 28 (10.85%) ETL
8 28 (10.85%) Data Governance
9 27 (10.47%) GAP Analysis
10 25 (9.69%) Business Analysis
11 24 (9.30%) Banking
11 24 (9.30%) Cognos
11 24 (9.30%) Project Management
12 22 (8.53%) Business Intelligence
12 22 (8.53%) MS Excel
13 20 (7.75%) UML
13 20 (7.75%) Basel II
13 20 (7.75%) Business Transformation
14 19 (7.36%) BPMN
15 18 (6.98%) Basel III
16 17 (6.59%) IBM
16 17 (6.59%) Quality Management
16 17 (6.59%) MS PowerPoint
16 17 (6.59%) Requirements Analysis
17 16 (6.20%) Cognos TM1
17 16 (6.20%) BPR
17 16 (6.20%) SSADM
17 16 (6.20%) DSDM

Solvency II
Top Related IT Skills by Category

For the 6 months to 5 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 12 (4.65%) SAS
2 6 (2.33%) SharePoint
Applications
1 39 (15.12%) MS Visio
2 22 (8.53%) MS Excel
3 17 (6.59%) MS PowerPoint
4 15 (5.81%) MS Office
5 10 (3.88%) MS Project
6 3 (1.16%) Spreadsheet
7 1 (0.39%) SPSS
Business Applications
1 16 (6.20%) Cognos TM1
2 7 (2.71%) Cognos Business Intelligence
3 3 (1.16%) Oracle General Ledger
3 3 (1.16%) Markit EDM
Communications & Networking
1 8 (3.10%) IMAP
2 1 (0.39%) DHCP
2 1 (0.39%) FTP
Database & Business Intelligence
1 41 (15.89%) Data Warehouse
2 16 (6.20%) SQL Server
3 14 (5.43%) SQL Server Integration Services
4 12 (4.65%) SQL Server Reporting Services
5 10 (3.88%) SQL Server Analysis Services
6 9 (3.49%) OLAP
7 8 (3.10%) Data Mart
8 7 (2.71%) SAS Enterprise Guide
8 7 (2.71%) Relational Database
8 7 (2.71%) SAS Data Integration Studio
9 5 (1.94%) OLAP Cube
10 3 (1.16%) SQL Server 2012
10 3 (1.16%) Oracle ODI
11 2 (0.78%) Cognos Report Studio
11 2 (0.78%) Data Mining
11 2 (0.78%) Base SAS
11 2 (0.78%) Star Schema
11 2 (0.78%) PowerCenter
12 1 (0.39%) DataStage
12 1 (0.39%) Microsoft Analysis Services
Development Applications
1 3 (1.16%) ERwin
2 1 (0.39%) JIRA
General
1 158 (61.24%) Finance
2 24 (9.30%) Banking
3 14 (5.43%) Advertising
4 9 (3.49%) Legal
5 6 (2.33%) General Ledger
6 5 (1.94%) Back Office
7 2 (0.78%) Retail
8 1 (0.39%) Investment Banking
8 1 (0.39%) Telecoms
8 1 (0.39%) Financial Institution
8 1 (0.39%) Front Office
Job Titles
1 133 (51.55%) Analyst
2 79 (30.62%) Business Analyst
3 46 (17.83%) Project Manager
4 35 (13.57%) Data Analyst
5 33 (12.79%) Solvency II Business Analyst
6 23 (8.91%) Solvency II Project Manager
7 18 (6.98%) Developer
8 17 (6.59%) Senior Analyst
9 16 (6.20%) Senior Business Analyst
10 15 (5.81%) Insurance Business Analyst
11 13 (5.04%) Designer
12 12 (4.65%) Architect
12 12 (4.65%) Systems Analyst
13 11 (4.26%) Governance Analyst
14 9 (3.49%) Business Manager
14 9 (3.49%) Test Analyst
15 8 (3.10%) Data Architect
15 8 (3.10%) Business Project Manager
16 7 (2.71%) Programme Manager
16 7 (2.71%) Consultant
Libraries, Frameworks & Software Standards
1 4 (1.55%) .NET
2 2 (0.78%) XML
3 1 (0.39%) .NET Framework
3 1 (0.39%) COM
Miscellaneous
1 38 (14.73%) Analytical Skills
2 8 (3.10%) Data Extraction
3 4 (1.55%) Data Integration
3 4 (1.55%) Management Information System
4 3 (1.16%) Reference Data
4 3 (1.16%) Derivative
4 3 (1.16%) Visualisation
5 2 (0.78%) PMI
6 1 (0.39%) Replication
6 1 (0.39%) DTCC
6 1 (0.39%) Mathematics
6 1 (0.39%) Credit Risk
6 1 (0.39%) Market Risk
6 1 (0.39%) iSeries
Operating Systems
1 2 (0.78%) UNIX
1 2 (0.78%) Windows
2 1 (0.39%) Windows Server 2008
2 1 (0.39%) Windows 7
2 1 (0.39%) Windows Server 2012
Processes & Methodologies
1 79 (30.62%) Stakeholder Management
2 39 (15.12%) Data Modelling
3 28 (10.85%) ETL
3 28 (10.85%) Data Governance
4 27 (10.47%) GAP Analysis
5 25 (9.69%) Business Analysis
6 24 (9.30%) Project Management
7 22 (8.53%) Business Intelligence
8 20 (7.75%) UML
8 20 (7.75%) Business Transformation
9 19 (7.36%) BPMN
10 17 (6.59%) Requirements Analysis
10 17 (6.59%) Quality Management
11 16 (6.20%) BPR
11 16 (6.20%) SSADM
11 16 (6.20%) DSDM
12 15 (5.81%) Risk Management
12 15 (5.81%) Data Analysis
13 14 (5.43%) User Acceptance Testing
14 13 (5.04%) Change Management
Programming Languages
1 37 (14.34%) SQL
2 11 (4.26%) T-SQL
3 7 (2.71%) PL/SQL
4 5 (1.94%) VBA
5 2 (0.78%) Shell Script
5 2 (0.78%) C
5 2 (0.78%) C#
Qualifications
1 7 (2.71%) Degree
2 5 (1.94%) ISTQB
3 3 (1.16%) ISTQB Advanced Certification
4 2 (0.78%) ISEB
4 2 (0.78%) PMP
4 2 (0.78%) PMI Certification
5 1 (0.39%) Six Sigma Green Belt
Quality Assurance & Compliance
1 20 (7.75%) Basel II
2 18 (6.98%) Basel III
3 10 (3.88%) Data Quality
3 10 (3.88%) GAAP
4 7 (2.71%) QA
5 3 (1.16%) AIFMD
6 2 (0.78%) MiFID
6 2 (0.78%) EMIR
7 1 (0.39%) Dodd-Frank
System Software
1 2 (0.78%) Active Directory
2 1 (0.39%) VMware Infrastructure
Systems Management
1 3 (1.16%) HP Quality Center
1 3 (1.16%) Oracle EDQ
2 1 (0.39%) EMC NetWorker
Vendors
1 29 (11.24%) Microsoft
2 24 (9.30%) Cognos
3 17 (6.59%) IBM
4 10 (3.88%) Oracle
5 6 (2.33%) Sun
6 4 (1.55%) Business Objects
6 4 (1.55%) Informatica
7 3 (1.16%) HP
8 2 (0.78%) VMware
8 2 (0.78%) Tableau
8 2 (0.78%) Guidewire
9 1 (0.39%) Netezza
9 1 (0.39%) Reuters
9 1 (0.39%) EMC
9 1 (0.39%) SAP
City of London
Volt
Rate: £350.00 - £450.00 per day
Posted: 4 days ago
Bristol
Orgtel
Rate: £350 - £500 per day
Posted: 5 days ago
Bristol
Orgtel
Rate: £400 - £450 per day
Posted: 7 days ago
Bristol
Real Staffing
Rate: £550 - £650 per day + competitive
Posted: 8 days ago
Bristol
Orgtel
Rate: £550 - £650 per annum
Posted: 11 days ago
London
HFG
Rate: £700 - £800 per day
Posted: 11 days ago
North West
Sanderson
Rate: £400 - £500 per day
Posted: 13 days ago
North West
HFG
Rate: £450 - £550 per day
Posted: 26 days ago