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 28 January 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
28 Jan 2015
Same period 2014 Same period 2013
Solvency II
Rank 453 521 479
Rank change year-on-year
+68 -42
Contract jobs citing Solvency II 119 38 52
As % of all contract IT jobs located in the UK 0.24% 0.078% 0.11%
As % of the Quality Assurance & Compliance category 3.04% 1.01% 1.59%
Number of daily rates quoted 79 32 37
Average daily rate
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of your Daily Rate
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£500 £500 £425
Average daily rate % change year-on-year
- +17.64%
90% offered a daily rate of more than £380 £263 £350
10% offered a daily rate of more than £650 £600 £560
UK excluding London average daily rate £500 £476 £391
% change year-on-year
+5.15% +21.76%
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
3911 3758 3278
As % of all contract IT jobs located in the UK 7.81% 7.69% 7.22%
Number of daily rates quoted 2326 2220 1845
Average daily rate £400 £408 £400
Average daily rate % change year-on-year
-1.84% +1.87%
90% offered a daily rate of more than £225 £230 £225
10% offered a daily rate of more than £590 £600 £575
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 157 138 221
Average hourly rate £19.00 £17.00 £22.50
Average hourly rate % change year-on-year
+11.76% -24.44%
90% offered a hourly rate of more than £10.81 £10.93 £11.00
10% offered a hourly rate of more than £47.50 £50.68 £45.00
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

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 28 January 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 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 28 January 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 +64 119 £500 - 46
London +61 69 £550 +4.76% 25
City of London +37 35 £538 +2.38% 8
South East +7 21 £428 -10.00% 5
South West -11 19 £500 +5.15% 8
Surrey +13 13 £465 -2.10% 2
East of England - 2 £250 -
Reigate - 2 £550 -
Southampton - - - -
Dorset - - - -
Hampshire - - - -
Hertfordshire - - - -
Potters Bar - - - -
Bournemouth - - - -
Edinburgh - - - -
Glasgow - - - -
Scotland - - - -

Solvency II
Top 30 Related IT Skills

For the 6 months to 28 January 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.

1 143 (63.84%) Finance
2 52 (23.21%) Stakeholder Management
3 34 (15.18%) Data Warehouse
4 27 (12.05%) Analytical Skills
4 27 (12.05%) GAP Analysis
5 26 (11.61%) Project Management
6 25 (11.16%) MS Visio
7 23 (10.27%) Data Modelling
8 22 (9.82%) Banking
9 21 (9.38%) Basel II
9 21 (9.38%) Basel III
9 21 (9.38%) Business Analysis
10 20 (8.93%) SQL
11 19 (8.48%) UML
11 19 (8.48%) Change Management
12 18 (8.04%) Risk Management
13 17 (7.59%) BPMN
14 16 (7.14%) Requirements Analysis
15 15 (6.70%) Business Transformation
15 15 (6.70%) SSADM
15 15 (6.70%) DSDM
15 15 (6.70%) BPR
16 14 (6.25%) Microsoft
16 14 (6.25%) Advertising
17 13 (5.80%) Cognos
17 13 (5.80%) Data Governance
18 12 (5.36%) IMAP
19 11 (4.91%) SAS
19 11 (4.91%) MS Office
20 10 (4.46%) Cognos TM1

Solvency II
Top Related IT Skills by Category

For the 6 months to 28 January 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 11 (4.91%) SAS
2 5 (2.23%) SharePoint
Applications
1 25 (11.16%) MS Visio
2 11 (4.91%) MS Office
3 7 (3.13%) MS Project
3 7 (3.13%) MS Excel
4 5 (2.23%) Spreadsheet
5 4 (1.79%) MS PowerPoint
Business Applications
1 10 (4.46%) Cognos TM1
2 3 (1.34%) Markit EDM
3 2 (0.89%) CODA-Financials
3 2 (0.89%) Cognos Business Intelligence
4 1 (0.45%) HFM
4 1 (0.45%) MoSes
4 1 (0.45%) Towers Watson Igloo
Cloud Services
1 2 (0.89%) IBM Blueworks
Communications & Networking
1 12 (5.36%) IMAP
Database & Business Intelligence
1 34 (15.18%) Data Warehouse
2 7 (3.13%) SAS Enterprise Guide
2 7 (3.13%) SAS Data Integration Studio
3 6 (2.68%) SQL Server
4 4 (1.79%) SQL Server Integration Services
4 4 (1.79%) SQL Server Reporting Services
4 4 (1.79%) Data Mart
5 2 (0.89%) SQLPlus
5 2 (0.89%) QlikView
6 1 (0.45%) Base SAS
6 1 (0.45%) BusinessObjects XI
6 1 (0.45%) SQL Server Analysis Services
6 1 (0.45%) SQL Server 2012
6 1 (0.45%) SQL Server 2008
6 1 (0.45%) Snowflake Schema
6 1 (0.45%) Oracle Reports
6 1 (0.45%) PowerCenter
Development Applications
1 1 (0.45%) JIRA
1 1 (0.45%) ERwin
1 1 (0.45%) PowerDesigner
General
1 143 (63.84%) Finance
2 22 (9.82%) Banking
3 14 (6.25%) Advertising
4 6 (2.68%) Legal
5 5 (2.23%) General Ledger
6 2 (0.89%) Back Office
6 2 (0.89%) Investment Banking
7 1 (0.45%) Retail
7 1 (0.45%) Telecoms
Job Titles
1 116 (51.79%) Analyst
2 69 (30.80%) Business Analyst
3 54 (24.11%) Project Manager
4 31 (13.84%) Solvency II Business Analyst
5 25 (11.16%) Solvency II Project Manager
6 23 (10.27%) Systems Analyst
7 17 (7.59%) Senior Analyst
8 15 (6.70%) Senior Business Analyst
9 12 (5.36%) Programme Manager
9 12 (5.36%) Data Analyst
10 11 (4.91%) Designer
11 10 (4.46%) Consultant
12 8 (3.57%) Business Project Manager
12 8 (3.57%) Architect
12 8 (3.57%) Business Manager
12 8 (3.57%) Financial Analyst
13 7 (3.13%) Insurance Business Analyst
13 7 (3.13%) Developer
14 6 (2.68%) Test Analyst
15 5 (2.23%) Author
Libraries, Frameworks & Software Standards
1 4 (1.79%) .NET
2 1 (0.45%) Web Services
Miscellaneous
1 27 (12.05%) Analytical Skills
2 5 (2.23%) Data Extraction
3 3 (1.34%) Credit Risk
4 2 (0.89%) PMI
4 2 (0.89%) Data Integration
4 2 (0.89%) Data Structures
5 1 (0.45%) Market Risk
5 1 (0.45%) Derivative
5 1 (0.45%) Taxonomies
5 1 (0.45%) User Experience
5 1 (0.45%) Enterprise Software
5 1 (0.45%) Reference Data
5 1 (0.45%) Equities
5 1 (0.45%) Replication
5 1 (0.45%) Management Information System
Operating Systems
1 1 (0.45%) UNIX
1 1 (0.45%) Windows
Processes & Methodologies
1 52 (23.21%) Stakeholder Management
2 27 (12.05%) GAP Analysis
3 26 (11.61%) Project Management
4 23 (10.27%) Data Modelling
5 21 (9.38%) Business Analysis
6 19 (8.48%) UML
6 19 (8.48%) Change Management
7 18 (8.04%) Risk Management
8 17 (7.59%) BPMN
9 16 (7.14%) Requirements Analysis
10 15 (6.70%) Business Transformation
10 15 (6.70%) SSADM
10 15 (6.70%) DSDM
10 15 (6.70%) BPR
11 13 (5.80%) Data Governance
12 10 (4.46%) PRINCE2
12 10 (4.46%) ETL
12 10 (4.46%) Validation
13 8 (3.57%) Data Analysis
13 8 (3.57%) Investment Management
Programming Languages
1 20 (8.93%) SQL
2 4 (1.79%) PL/SQL
3 1 (0.45%) C
3 1 (0.45%) Shell Script
Qualifications
1 6 (2.68%) Degree
2 5 (2.23%) ISEB
3 3 (1.34%) ACCA
4 2 (0.89%) PMP
4 2 (0.89%) PMI Certification
4 2 (0.89%) ISTQB
5 1 (0.45%) ISTQB Advanced Certification
5 1 (0.45%) Security Cleared
5 1 (0.45%) Microsoft Certification
5 1 (0.45%) PRINCE2 Certification
5 1 (0.45%) MCSE
5 1 (0.45%) CIMA
Quality Assurance & Compliance
1 21 (9.38%) Basel II
1 21 (9.38%) Basel III
2 7 (3.13%) Data Quality
2 7 (3.13%) QA
3 3 (1.34%) GAAP
4 2 (0.89%) FATCA
5 1 (0.45%) COREP
5 1 (0.45%) FINREP
5 1 (0.45%) Sarbanes-Oxley
Systems Management
1 3 (1.34%) HP Quality Center
Vendors
1 14 (6.25%) Microsoft
2 13 (5.80%) Cognos
3 8 (3.57%) IBM
3 8 (3.57%) Oracle
4 4 (1.79%) Informatica
5 2 (0.89%) CODA
5 2 (0.89%) Business Objects
5 2 (0.89%) HP
6 1 (0.45%) Netezza
6 1 (0.45%) Sun
6 1 (0.45%) SAP
6 1 (0.45%) Reuters
City, London
Oliver James Associates
Rate: £450 - £500 per annum
Posted: 8 hours ago
City, London
Oliver James Associates
Rate: £450 - £500 per day
Posted: 9 hours ago
London
HFG
Rate: £500 - £600 per day
Posted: 11 hours ago
Bristol
Orgtel
Rate: £650 - £800 per day
Posted: 11 hours ago
South West
Sanderson
Rate: £400 - £480 per day
Posted: Yesterday
South West
Sanderson
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Ampersand Consulting
Rate: £500 - £800 per day
Posted: 2 days ago
West Sussex
ARC IT Recruitment Ltd
Rate: Good market rate
Posted: 5 days ago
Tonbridge, Kent
Oliver James Associates
Rate: £500 - £600 per day
Posted: 5 days ago
City, London
Sanderson
Rate: £315 - £414 per day
Posted: 5 days ago
City, London
Red10
Rate: £600 - £700 per day
Posted: 5 days ago
Tunbridge Wells
Interquest - Sand Resources
Rate: £300 per day
Posted: 6 days ago
City, London
JM
Posted: 6 days ago
London
HFG
Rate: £800 - £1000 per day
Posted: 12 days ago
London
HFG
Rate: £500 - £600 per day
Posted: 12 days ago
Bristol
Real Staffing
Rate: £450 - £500 per day
Posted: 13 days ago
London
HFG
Rate: £800 - £1000 per day
Posted: 20 days ago
Bromley
Hays IT - Uk Posting account
Rate: £400.00 - £500.00 per annum
Posted: 23 days ago
Manchester
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 26 days ago