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 29 May 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
29 May 2016
Same period 2015 Same period 2014
Solvency II
Rank 561 499 550
Rank change year-on-year
-62 +51
Contract jobs citing Solvency II 85 146 73
As % of all contract IT jobs located in the UK 0.16% 0.26% 0.14%
As % of the Quality Assurance & Compliance category 1.73% 2.77% 1.46%
Number of daily rates quoted 74 105 54
Median daily rate £534 £494 £500
Median daily rate % change year-on-year
+8.10% -1.25%
90% offered a daily rate of more than £425 £415 £396
10% offered a daily rate of more than £750 £700 £596
UK excluding London median daily rate £650 £470 £451
% change year-on-year
+38.29% +4.32%
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
4918 5271 5012
As % of all contract IT jobs located in the UK 9.16% 9.41% 9.36%
Number of daily rates quoted 3137 3356 3067
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £263 £260 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 192 174 240
Median hourly rate £25.75 £21.55 £21.00
Median hourly rate % change year-on-year
+19.48% +2.61%
90% offered a hourly rate of more than £11.78 £12.00 £11.50
10% offered a hourly rate of more than £48.40 £57.00 £42.50
UK excluding London median hourly rate £28.25 £24.00 £21.00
% change year-on-year
+17.70% +14.28%

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 29 May 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 18 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 29 May 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 -53 81 £538 +8.86% 11
London -23 65 £530 -2.52% 10
City of London +37 34 £540 +13.68% 3
Dorset -1 13 £750 +44.23%
South West -15 13 £750 +59.57%
Bournemouth -4 11 £685 +33.00%
Scotland -19 3 £350 -
Stirling - 2 £325 -
East of England +9 1 £325 +52.94%
Edinburgh -6 1 £375 -
South East -15 1 £750 +66.66%
East Midlands - 1 £525 -
Chelmsford - 1 £325 -
Southampton - 1 £750 -
Nottingham - 1 £525 -
Nottinghamshire - 1 £525 -
Hampshire - 1 £750 -
Essex - 1 £325 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 29 May 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 79 (47.59%) Finance
2 38 (22.89%) SQL
3 33 (19.88%) Data Modelling
4 29 (17.47%) Business Intelligence
5 28 (16.87%) ETL
6 27 (16.27%) Data Warehouse
6 27 (16.27%) Data Analysis
7 26 (15.66%) SQL Server
8 24 (14.46%) Business Analysis
9 21 (12.65%) Stakeholder Management
9 21 (12.65%) SQL Server Integration Services
10 20 (12.05%) Test Scripting
10 20 (12.05%) Asset Management
11 17 (10.24%) GAP Analysis
12 16 (9.64%) Project Management
13 15 (9.04%) Migration
14 14 (8.43%) SQL Server Reporting Services
14 14 (8.43%) Data Migration
14 14 (8.43%) Data Quality
15 13 (7.83%) SDLC
15 13 (7.83%) UML
16 12 (7.23%) Data Management
16 12 (7.23%) SQL Server Analysis Services
17 11 (6.63%) Markit EDM
18 10 (6.02%) ERwin
18 10 (6.02%) Banking
18 10 (6.02%) Analytical Skills
19 9 (5.42%) Investment Management
19 9 (5.42%) CIMA
19 9 (5.42%) ACCA

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 (4.82%) Confluence
2 2 (1.20%) SharePoint
3 1 (0.60%) BizTalk Server
Applications
1 5 (3.01%) MS Visio
2 4 (2.41%) MS Excel
3 2 (1.20%) MS Office
3 2 (1.20%) MS Project
4 1 (0.60%) MS PowerPoint
4 1 (0.60%) Spreadsheet
Business Applications
1 11 (6.63%) Markit EDM
2 2 (1.20%) HFM
3 1 (0.60%) Cognos Controller
3 1 (0.60%) Cognos TM1
3 1 (0.60%) Eagle PACE
3 1 (0.60%) ReMetrica
3 1 (0.60%) Towers Watson Igloo
Cloud Services
1 4 (2.41%) Office 365
Communications & Networking
1 1 (0.60%) IMAP
Database & Business Intelligence
1 27 (16.27%) Data Warehouse
2 26 (15.66%) SQL Server
3 21 (12.65%) SQL Server Integration Services
4 14 (8.43%) SQL Server Reporting Services
5 12 (7.23%) SQL Server Analysis Services
6 4 (2.41%) SQL Server 2008
7 3 (1.81%) Microsoft Analysis Services
7 3 (1.81%) Oracle Database
8 1 (0.60%) Data Mining
8 1 (0.60%) Enterprise Data Warehouse
8 1 (0.60%) OLAP
8 1 (0.60%) Power BI
8 1 (0.60%) PowerPivot
8 1 (0.60%) QlikView
8 1 (0.60%) SAP Data Services
Development Applications
1 10 (6.02%) ERwin
2 8 (4.82%) JIRA
3 4 (2.41%) FitNesse
4 2 (1.20%) HP UFT
5 1 (0.60%) Eclipse
5 1 (0.60%) MSI
5 1 (0.60%) Team Foundation Server
General
1 79 (47.59%) Finance
2 10 (6.02%) Banking
3 8 (4.82%) Legal
4 3 (1.81%) Advertising
4 3 (1.81%) Investment Banking
5 2 (1.20%) Back Office
5 2 (1.20%) General Ledger
6 1 (0.60%) Retail
Job Titles
1 87 (52.41%) Analyst
2 52 (31.33%) Business Analyst
3 37 (22.29%) Solvency II Business Analyst
4 27 (16.27%) Developer
5 23 (13.86%) Project Manager
6 20 (12.05%) Architect
7 19 (11.45%) Insurance Business Analyst
8 15 (9.04%) SSIS Developer
9 14 (8.43%) SQL Developer
10 12 (7.23%) Business Intelligence Developer
11 11 (6.63%) Data Architect
11 11 (6.63%) Senior Analyst
11 11 (6.63%) Solvency II Project Manager
11 11 (6.63%) SQL Analyst
11 11 (6.63%) Test Analyst
12 10 (6.02%) Data Business Analyst
13 9 (5.42%) Data Warehouse Developer
14 8 (4.82%) Analyst Developer
14 8 (4.82%) Senior Business Analyst
14 8 (4.82%) Technical Analyst
Libraries, Frameworks & Software Standards
1 8 (4.82%) FpML
1 8 (4.82%) XML
2 6 (3.61%) MDX
3 5 (3.01%) FIX Protocol
4 1 (0.60%) .NET
4 1 (0.60%) Middleware
4 1 (0.60%) SAP PI
Miscellaneous
1 10 (6.02%) Analytical Skills
2 5 (3.01%) Reference Data
2 5 (3.01%) Reinsurance
3 3 (1.81%) Derivative
3 3 (1.81%) Foreign Exchange (FX)
3 3 (1.81%) iPad
4 1 (0.60%) Computer Science
4 1 (0.60%) Data Extraction
4 1 (0.60%) Data Integration
4 1 (0.60%) Data Structures
4 1 (0.60%) Digital Media
4 1 (0.60%) Enterprise Software
4 1 (0.60%) PMI
4 1 (0.60%) SCADA
4 1 (0.60%) Social Media
4 1 (0.60%) Visualisation
Processes & Methodologies
1 33 (19.88%) Data Modelling
2 29 (17.47%) Business Intelligence
3 28 (16.87%) ETL
4 27 (16.27%) Data Analysis
5 24 (14.46%) Business Analysis
6 21 (12.65%) Stakeholder Management
7 20 (12.05%) Asset Management
7 20 (12.05%) Test Scripting
8 17 (10.24%) GAP Analysis
9 16 (9.64%) Project Management
10 15 (9.04%) Migration
11 14 (8.43%) Data Migration
12 13 (7.83%) SDLC
12 13 (7.83%) UML
13 12 (7.23%) Data Management
14 9 (5.42%) Investment Management
15 8 (4.82%) Agile Software Development
16 7 (4.22%) PRINCE2
16 7 (4.22%) Programme Management
16 7 (4.22%) Requirements Analysis
Programming Languages
1 38 (22.89%) SQL
2 7 (4.22%) T-SQL
3 4 (2.41%) Shell Script
4 2 (1.20%) VBA
5 1 (0.60%) C
5 1 (0.60%) PL/SQL
Qualifications
1 9 (5.42%) ACCA
1 9 (5.42%) CIMA
1 9 (5.42%) ISEB
2 6 (3.61%) Degree
3 1 (0.60%) CFA
3 1 (0.60%) ISEB Practitioner
3 1 (0.60%) PMI Certification
Quality Assurance & Compliance
1 14 (8.43%) Data Quality
2 7 (4.22%) GAAP
3 6 (3.61%) QA
4 4 (2.41%) Basel II
4 4 (2.41%) Basel III
5 2 (1.20%) AIFMD
5 2 (1.20%) EMIR
5 2 (1.20%) MiFID
6 1 (0.60%) FATCA
6 1 (0.60%) ISO20022
Systems Management
1 1 (0.60%) HP Quality Center
Vendors
1 7 (4.22%) Bloomberg
1 7 (4.22%) Microsoft
2 5 (3.01%) Oracle
3 3 (1.81%) Cognos
4 2 (1.20%) Microgen
4 2 (1.20%) Murex
4 2 (1.20%) SAP
4 2 (1.20%) Tableau
5 1 (0.60%) FactSet
5 1 (0.60%) Guidewire
5 1 (0.60%) HP
5 1 (0.60%) MuleSoft
5 1 (0.60%) Pega
5 1 (0.60%) Reuters
5 1 (0.60%) Sun
London
Streamline Connections
Rate: £400 - £450 per day
Posted: 4 days ago
City, London
Red10
Rate: £500 - £525 per day
Posted: 6 days ago
London
Red10
Rate: £550 - £600 per day
Posted: 3 days ago
London
TEKsystems
Rate: £450 - £550 per day
Posted: 5 days ago
City of London
Lawrence Harvey
Rate: £400.00 - £500.00 per day
Posted: 25 days ago
London
Red10
Rate: £700 - £750 per day
Posted: 3 days ago
London
Red10
Rate: £700 - £750 per annum
Posted: 4 days ago
Manchester, Lancashire
Maclean Moore Consulting
Rate: From £500 to £600 per day
Posted: 3 days ago
London
HFG
Rate: £75000 - £100000 per annum
Posted: 24 days ago