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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Solvency II
Rank 501 510 539
Rank change year-on-year
+9 +29
Contract jobs citing Solvency II 119 101 40
As % of all contract IT jobs located in the UK 0.21% 0.18% 0.078%
As % of the Quality Assurance & Compliance category 2.62% 2.35% 1.04%
Number of daily rates quoted 84 81 31
Average daily rate
Keep up to 90%
of your Daily Rate
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£500 £463 £433
Average daily rate % change year-on-year
+8.10% +6.93%
90% offered a daily rate of more than £400 £388 £310
10% offered a daily rate of more than £660 £575 £525
UK excluding London average daily rate £500 £450 £425
% change year-on-year
+11.11% +5.88%
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
4536 4306 3858
As % of all contract IT jobs located in the UK 7.98% 7.88% 7.55%
Number of daily rates quoted 2903 2609 2300
Average daily rate £425 £400 £425
Average daily rate % change year-on-year
+6.25% -5.88%
90% offered a daily rate of more than £250 £230 £275
10% offered a daily rate of more than £600 £550 £600
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 174 197 146
Average hourly rate £21.54 £20.00 £18.00
Average hourly rate % change year-on-year
+7.68% +11.11%
90% offered a hourly rate of more than £12.25 £12.50 £10.00
10% offered a hourly rate of more than £51.17 £42.50 £40.00
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

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 31 July 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 29 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 31 July 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 -12 113 £500 +8.10% 23
London +49 84 £550 +10.00% 15
City of London +16 37 £444 -15.47% 2
South West -23 10 £500 - 3
West Midlands +4 8 £500 +29.03% 1
Wiltshire -5 6 £500 -
Swindon -9 6 £500 -
Bristol -8 4 £425 +6.25% 3
South East -17 4 £425 +1.49% 1
Edinburgh - 4 £325 - 2
Scotland - 4 £325 - 4
North West -26 3 £660 +55.29% 3
Yorkshire -25 2 £438 -5.40%
Cheshire - 2 £660 -
Berkshire +4 1 £510 +13.33%
North Yorkshire -3 1 £425 -8.10%
Kent -5 1 £288 -31.34%
Hertfordshire -7 1 £213 -46.03%
York -11 1 £425 -8.10%
East of England -14 1 £213 -51.42%
Sussex - 1 £400 -
Birmingham - 1 £500 -
Solihull - 1 £525 -
Shropshire - 1 £425 -
Telford - 1 £425 -
Reading - 1 £510 -
Tunbridge Wells - 1 £288 -
Manchester - 1 £525 - 3
Hampshire - 1 £450 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 31 July 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.

1 172 (67.19%) Finance
2 75 (29.30%) Stakeholder Management
3 55 (21.48%) SQL
4 47 (18.36%) Data Warehouse
5 44 (17.19%) Data Modelling
6 42 (16.41%) Business Intelligence
7 40 (15.63%) ETL
8 31 (12.11%) Oracle
9 30 (11.72%) SQL Server
9 30 (11.72%) MS Visio
9 30 (11.72%) Analytical Skills
10 26 (10.16%) Microsoft
11 25 (9.77%) Data Governance
11 25 (9.77%) Banking
12 24 (9.38%) Asset Management
12 24 (9.38%) Migration
13 22 (8.59%) SQL Server Integration Services
14 20 (7.81%) SQL Server Reporting Services
14 20 (7.81%) MS Excel
15 18 (7.03%) Business Analysis
15 18 (7.03%) Project Management
15 18 (7.03%) Basel II
16 17 (6.64%) SQL Server Analysis Services
17 16 (6.25%) Investment Management
17 16 (6.25%) Quality Management
17 16 (6.25%) Cognos
17 16 (6.25%) PL/SQL
17 16 (6.25%) Business Transformation
18 15 (5.86%) T-SQL
18 15 (5.86%) OLAP

Solvency II
Top Related IT Skills by Category

For the 6 months to 31 July 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 8 (3.13%) SAS
2 5 (1.95%) SharePoint
Applications
1 30 (11.72%) MS Visio
2 20 (7.81%) MS Excel
3 15 (5.86%) MS PowerPoint
4 10 (3.91%) MS Office
5 4 (1.56%) MS Project
6 1 (0.39%) SPSS
Business Applications
1 7 (2.73%) Cognos TM1
2 5 (1.95%) Cognos Business Intelligence
3 4 (1.56%) Markit EDM
4 3 (1.17%) Oracle Financials
4 3 (1.17%) Oracle General Ledger
5 1 (0.39%) MoSes
Communications & Networking
1 2 (0.78%) IMAP
2 1 (0.39%) DHCP
2 1 (0.39%) FTP
Database & Business Intelligence
1 47 (18.36%) Data Warehouse
2 30 (11.72%) SQL Server
3 22 (8.59%) SQL Server Integration Services
4 20 (7.81%) SQL Server Reporting Services
5 17 (6.64%) SQL Server Analysis Services
6 15 (5.86%) OLAP
7 12 (4.69%) Relational Database
8 11 (4.30%) Data Mart
9 7 (2.73%) BusinessObjects
9 7 (2.73%) OLAP Cube
10 6 (2.34%) Oracle Database
10 6 (2.34%) Oracle Reports
10 6 (2.34%) Data Mining
11 5 (1.95%) SQL Server 2012
12 4 (1.56%) PowerCenter
13 3 (1.17%) Oracle ODI
13 3 (1.17%) Big Data
14 2 (0.78%) Star Schema
14 2 (0.78%) SQL Server 2008
14 2 (0.78%) Hadoop
Development Applications
1 8 (3.13%) Subversion
2 4 (1.56%) ERwin
3 1 (0.39%) Visual Studio
3 1 (0.39%) JIRA
General
1 172 (67.19%) Finance
2 25 (9.77%) Banking
3 7 (2.73%) Legal
4 6 (2.34%) General Ledger
4 6 (2.34%) Back Office
5 4 (1.56%) Retail
6 3 (1.17%) Advertising
6 3 (1.17%) Front Office
7 2 (0.78%) Marketing
8 1 (0.39%) Dutch Language
8 1 (0.39%) French Language
8 1 (0.39%) Financial Institution
8 1 (0.39%) Investment Banking
Job Titles
1 122 (47.66%) Analyst
2 78 (30.47%) Business Analyst
3 40 (15.63%) Developer
4 34 (13.28%) Project Manager
5 33 (12.89%) Data Analyst
6 32 (12.50%) Solvency II Business Analyst
7 19 (7.42%) Solvency II Project Manager
7 19 (7.42%) Senior Analyst
8 17 (6.64%) Senior Business Analyst
9 15 (5.86%) Insurance Business Analyst
9 15 (5.86%) Business Intelligence Developer
10 10 (3.91%) SQL Developer
10 10 (3.91%) Architect
11 9 (3.52%) Test Analyst
11 9 (3.52%) Governance Analyst
11 9 (3.52%) TM1 Developer
12 8 (3.13%) Data Architect
12 8 (3.13%) Business Manager
13 7 (2.73%) Business Data Analyst
14 6 (2.34%) Finance Project Manager
Libraries, Frameworks & Software Standards
1 7 (2.73%) .NET
2 4 (1.56%) XML
3 1 (0.39%) .NET Framework
3 1 (0.39%) MDX
3 1 (0.39%) ASP.NET
3 1 (0.39%) COM
Miscellaneous
1 30 (11.72%) Analytical Skills
2 13 (5.08%) Data Integration
3 9 (3.52%) Fixed Income
4 7 (2.73%) Derivative
5 6 (2.34%) Visualisation
6 4 (1.56%) Data Extraction
6 4 (1.56%) Management Information System
7 3 (1.17%) Reference Data
7 3 (1.17%) Social Media
8 2 (0.78%) Foreign Exchange (FX)
8 2 (0.78%) DTCC
8 2 (0.78%) Mathematics
8 2 (0.78%) Credit Risk
8 2 (0.78%) Data Structures
9 1 (0.39%) Market Risk
9 1 (0.39%) PMI
9 1 (0.39%) Replication
9 1 (0.39%) Hedge funds
9 1 (0.39%) iSeries
9 1 (0.39%) Equities
Operating Systems
1 10 (3.91%) UNIX
2 2 (0.78%) Windows
3 1 (0.39%) Windows Server 2008
3 1 (0.39%) Windows 7
3 1 (0.39%) Windows Server 2012
Processes & Methodologies
1 75 (29.30%) Stakeholder Management
2 44 (17.19%) Data Modelling
3 42 (16.41%) Business Intelligence
4 40 (15.63%) ETL
5 25 (9.77%) Data Governance
6 24 (9.38%) Asset Management
6 24 (9.38%) Migration
7 18 (7.03%) Project Management
7 18 (7.03%) Business Analysis
8 16 (6.25%) Investment Management
8 16 (6.25%) Quality Management
8 16 (6.25%) Business Transformation
9 15 (5.86%) Data Analysis
9 15 (5.86%) GAP Analysis
9 15 (5.86%) BPMN
9 15 (5.86%) User Acceptance Testing
10 14 (5.47%) Data Migration
11 13 (5.08%) Requirements Analysis
11 13 (5.08%) Data Management
11 13 (5.08%) UML
Programming Languages
1 55 (21.48%) SQL
2 16 (6.25%) PL/SQL
3 15 (5.86%) T-SQL
4 10 (3.91%) Shell Script
5 9 (3.52%) VBA
6 3 (1.17%) C#
7 2 (0.78%) C++
7 2 (0.78%) C
8 1 (0.39%) VB.NET
Qualifications
1 9 (3.52%) Degree
2 3 (1.17%) ISTQB
3 2 (0.78%) ISTQB Advanced Certification
4 1 (0.39%) APMP
4 1 (0.39%) Six Sigma Green Belt
4 1 (0.39%) ISEB
4 1 (0.39%) SAS Certification
4 1 (0.39%) PMP
4 1 (0.39%) PMI Certification
Quality Assurance & Compliance
1 18 (7.03%) Basel II
2 14 (5.47%) GAAP
2 14 (5.47%) Basel III
3 11 (4.30%) Data Quality
4 10 (3.91%) EMIR
4 10 (3.91%) Dodd-Frank
4 10 (3.91%) MiFID
5 8 (3.13%) AIFMD
6 5 (1.95%) QA
7 1 (0.39%) FATCA
System Software
1 2 (0.78%) Active Directory
2 1 (0.39%) VMware Infrastructure
Systems Management
1 3 (1.17%) Oracle EDQ
2 2 (0.78%) HP Quality Center
3 1 (0.39%) EMC NetWorker
Vendors
1 31 (12.11%) Oracle
2 26 (10.16%) Microsoft
3 16 (6.25%) Cognos
4 10 (3.91%) IBM
5 9 (3.52%) HP
6 7 (2.73%) Informatica
7 5 (1.95%) Sun
8 4 (1.56%) Bloomberg
9 3 (1.17%) Tableau
10 2 (0.78%) VMware
10 2 (0.78%) Guidewire
11 1 (0.39%) Cloudera
11 1 (0.39%) Charles River
11 1 (0.39%) Reuters
11 1 (0.39%) EMC
11 1 (0.39%) CA
Surrey
iKonnect
Rate: £600 - £650 per day + extensions
Posted: 7 hours ago
London
Ashdown IT
Rate: £800 per day
Posted: Yesterday
Bristol, Avon
TEKsystems
Rate: £550 - £600 per day
Posted: Yesterday
London
Red10
Rate: £500 - £600 per day
Posted: 6 days ago
London
Real Staffing
Rate: competitive
Posted: 11 days ago
Glasgow
Hays IT - Uk Posting account
Rate: £300.00 - £450.00 per day
Posted: 15 days ago
Glasgow
Hays IT - Uk Posting account
Rate: £300.00 - £400.00 per day
Posted: 15 days ago
Bristol
Orgtel
Rate: £500 - £880 per day
Posted: 18 days ago
London
Real Staffing
Rate: £600 per day + competitive
Posted: 24 days ago
Bristol
Real Staffing
Rate: £350 - £396 per day + competitive
Posted: 24 days ago