Solvency II Contracts
 
Demand Trend Daily Rate Trend Daily Rate Histogram Hourly Rate Trend Job Locations Related Skills

The first table below looks at the demand 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 22 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
22 May 2013		 Same period 2012 Same period 2011
Solvency II
Rank 487 360 202
Rank change year-on-year
-127 -158
Contract jobs citing Solvency II 47 242 538
As % of all contract IT jobs located in the UK 0.100% 0.408% 0.894%
As % of the Quality Assurance & Compliance category 1.429% 5.594% 12.71%
Number of daily rates quoted 34 130 359
Average daily rate £425 £475 £535
Average daily rate % change year-on-year
-10.52% -11.21%
90% offered a daily rate of more than £350 £348 £375
10% offered a daily rate of more than £525 £650 £800
UK excluding London average daily rate £405 £449 £550
% change year-on-year
-9.74% -18.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Quality Assurance & Compliance
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category		 3290 4326 4233
As % of all contract IT jobs located in the UK 6.981% 7.297% 7.033%
Number of daily rates quoted 1971 2269 2317
Average daily rate £400 £415 £450
Average daily rate % change year-on-year
-3.61% -7.77%
90% offered a daily rate of more than £235 £230 £250
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £350 £350 £375
% change year-on-year
- -6.66%
Number of hourly rates quoted 112 224 229
Average hourly rate £19.00 £16.72 £27.50
Average hourly rate % change year-on-year
+13.63% -39.20%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £110.00 £37.00 £40.00
UK excluding London average hourly rate £17.50 £16.00 £30.00
% change year-on-year
+9.37% -46.66%

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

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

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 22 May 2013.

Solvency II Daily Rate Histogram

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

Solvency II
Top 17 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 22 May 2013. 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 each for more statistics)		 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
England -114 45 £425 -10.52%
London -55 27 £500 +2.82%
South West +24 7 £366 -11.69%
City of London -26 6 £518 +3.50%
Manchester +15 5 £350 -17.64%
North West +2 5 £350 -
East of England +13 3 £460 +11.51%
Bristol +11 3 £288 -6.50%
Wiltshire +10 3 £410 -11.11%
Swindon +2 3 £410 -11.11%
Suffolk - 3 £460 -
Croydon - 3 £425 -
Surrey +10 2 £413 +10.00%
Edinburgh -5 2 £425 +22.30%
Scotland -27 2 £425 +13.33%
South East -27 2 £413 -21.42%
Midlands 0 1 - -

Solvency II
Top 30 Related IT Skills

For the 6 months to 22 May 2013, 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 73 (64.60%) Finance
2 27 (23.89%) Stakeholder Management
3 25 (22.12%) Data Warehouse
3 25 (22.12%) Banking
4 22 (19.47%) Data Analysis
5 20 (17.70%) Data Modelling
6 18 (15.93%) SQL
7 15 (13.27%) ETL
7 15 (13.27%) UML
7 15 (13.27%) Data Governance
8 14 (12.39%) Data Management
9 13 (11.50%) Business Analysis
10 12 (10.62%) Basel III
10 12 (10.62%) Data Quality
10 12 (10.62%) GAP Analysis
10 12 (10.62%) MS Visio
11 11 (9.735%) Risk Management
12 10 (8.850%) Basel II
12 10 (8.850%) BPR
12 10 (8.850%) SSADM
12 10 (8.850%) DSDM
12 10 (8.850%) Oracle
12 10 (8.850%) Business Transformation
12 10 (8.850%) Requirements Analysis
13 8 (7.080%) Project Management
13 8 (7.080%) Business Intelligence
13 8 (7.080%) Microsoft
13 8 (7.080%) Informatica
14 7 (6.195%) Six Sigma
14 7 (6.195%) SQL Server

Solvency II
Top Related IT Skills by Category

For the 6 months to 22 May 2013, 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 Development
1 4 (3.540%) XSD
2 3 (2.655%) XBRL
2 3 (2.655%) .NET
3 2 (1.770%) XML
4 1 (0.885%) Velocity
4 1 (0.885%) WebSphere
4 1 (0.885%) ASP.NET
Application Platforms
1 3 (2.655%) SharePoint Server
1 3 (2.655%) SharePoint
1 3 (2.655%) SAS
2 1 (0.885%) Mathematica
2 1 (0.885%) PowerExchange
Applications
1 12 (10.62%) MS Visio
2 4 (3.540%) Spreadsheet
3 3 (2.655%) MS PowerPoint
3 3 (2.655%) MS Office
4 2 (1.770%) MS Excel
4 2 (1.770%) MS Project
5 1 (0.885%) S-PLUS
Business Applications
1 3 (2.655%) Prophet
2 1 (0.885%) EMB Igloo
2 1 (0.885%) Oracle EBS
Communications & Networking
1 3 (2.655%) DHCP
1 3 (2.655%) DNS
2 1 (0.885%) Cisco Nexus
2 1 (0.885%) IMAP
Database & Business Intelligence
1 25 (22.12%) Data Warehouse
2 7 (6.195%) SQL Server
3 4 (3.540%) Star Schema
3 4 (3.540%) IBM InfoSphere
4 2 (1.770%) Oracle 8/8i
4 2 (1.770%) PowerCenter
4 2 (1.770%) Data Mining
5 1 (0.885%) QlikView
5 1 (0.885%) Base SAS
5 1 (0.885%) SAS Enterprise Guide
5 1 (0.885%) SQL Server Reporting Services
5 1 (0.885%) RDBMS
5 1 (0.885%) OLAP
Development Applications
1 4 (3.540%) ERwin
2 3 (2.655%) Oracle APEX
3 2 (1.770%) Bugzilla
4 1 (0.885%) FitNesse
4 1 (0.885%) Cucumber
General
1 73 (64.60%) Finance
2 25 (22.12%) Banking
3 4 (3.540%) Retail
4 3 (2.655%) Retail Banking
Job Titles
1 71 (62.83%) Analyst
2 49 (43.36%) Business Analyst
3 15 (13.27%) Data Analyst
4 14 (12.39%) Insurance Business Analyst
5 12 (10.62%) Solvency II Business Analyst
6 11 (9.735%) Project Manager
7 10 (8.850%) Architect
8 9 (7.965%) Developer
9 6 (5.310%) Data Architect
9 6 (5.310%) Data Quality Analyst
9 6 (5.310%) Quality Analyst
10 4 (3.540%) Data Modeller
11 3 (2.655%) Solvency II Project Manager
11 3 (2.655%) ETL Developer
11 3 (2.655%) Database Developer
11 3 (2.655%) Solutions Architect
11 3 (2.655%) Test Analyst
11 3 (2.655%) 3rd Line Support
12 2 (1.770%) Informatica Developer
12 2 (1.770%) Business Intelligence Analyst
Miscellaneous
1 3 (2.655%) Derivative
2 2 (1.770%) Data Integration
3 1 (0.885%) Statistics
3 1 (0.885%) Mathematics
3 1 (0.885%) Computer Science
3 1 (0.885%) Visualisation
3 1 (0.885%) Fixed Income
3 1 (0.885%) Equities
3 1 (0.885%) Management Information System
3 1 (0.885%) N-Tier
Operating Systems
1 5 (4.425%) UNIX
2 4 (3.540%) Windows
3 3 (2.655%) Red Hat Enterprise Linux
3 3 (2.655%) Linux
Processes & Methodologies
1 27 (23.89%) Stakeholder Management
2 22 (19.47%) Data Analysis
3 20 (17.70%) Data Modelling
4 15 (13.27%) ETL
4 15 (13.27%) UML
4 15 (13.27%) Data Governance
5 14 (12.39%) Data Management
6 13 (11.50%) Business Analysis
7 12 (10.62%) GAP Analysis
8 11 (9.735%) Risk Management
9 10 (8.850%) BPR
9 10 (8.850%) SSADM
9 10 (8.850%) DSDM
9 10 (8.850%) Business Transformation
9 10 (8.850%) Requirements Analysis
10 8 (7.080%) Project Management
10 8 (7.080%) Business Intelligence
11 7 (6.195%) Six Sigma
12 6 (5.310%) Data Architecture
13 5 (4.425%) Data Mapping
Programming Languages
1 18 (15.93%) SQL
2 5 (4.425%) C
3 4 (3.540%) Shell Script
4 2 (1.770%) C#
4 2 (1.770%) Java
4 2 (1.770%) PL/SQL
5 1 (0.885%) SAS Macro
5 1 (0.885%) R
5 1 (0.885%) MATLAB
5 1 (0.885%) T-SQL
Qualifications
1 6 (5.310%) ACCA
1 6 (5.310%) CIMA
2 5 (4.425%) ISEB
3 3 (2.655%) Degree
3 3 (2.655%) Security Cleared
4 2 (1.770%) SC Cleared
Quality Assurance & Compliance
1 12 (10.62%) Basel III
1 12 (10.62%) Data Quality
2 10 (8.850%) Basel II
3 2 (1.770%) FATCA
System Software
1 3 (2.655%) VMware Infrastructure
1 3 (2.655%) VMware Workstation
2 2 (1.770%) UAG
3 1 (0.885%) vSphere
Systems Management
1 3 (2.655%) SCCM
1 3 (2.655%) SCOM
Vendors
1 10 (8.850%) Oracle
2 8 (7.080%) Microsoft
2 8 (7.080%) Informatica
3 6 (5.310%) Business Objects
4 4 (3.540%) IBM
5 3 (2.655%) VMware
5 3 (2.655%) Cisco
5 3 (2.655%) Red Hat
5 3 (2.655%) EMC
5 3 (2.655%) Sophos
6 1 (0.885%) Teradata
6 1 (0.885%) Algorithmics
Data Analyst / Data Manager - Solvency II - Interim
England
I'm recruiting for two separate data management positions with our leading Insurance client. These positions are working on a Solvency II data project to implement a data...
Rate: £400 - £600 per day + market
Posted: 16 May 2013
Solvency II Business Analyst
Manchester, Lancashire
Retail banking client based in Central Manchester are looking for a Solvency II Business Analyst to take on for a contract role. Client Spec: Desirable Skills/Experience Primary...
Rullion IT Plus
Posted: 15 May 2013
Risk Analyst - General Insurance
Manchester, Lancashire
This is a demanding environment, whereby we are aiming to implement an effective yet simple Risk Management Framework whilst supporting the Group Wide risk Target Operating Model... The...
Rullion IT Plus
Posted: 16 May 2013
PMO Analyst / Planner
South West
Solvency II or regulatory project experience. - Extensive planning experience - defining plans for complex projects, maintaining and tracking changes to complex plans. - Proven track record of successfully delivering PMO...
Hydrogen Group
Rate: £300.00 - £320.00 per day
Posted: 16 May 2013
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Last Updated Wednesday 22 May 2013
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