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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Solvency II
Rank 528 503 559
Rank change year-on-year
-25 +56
Contract jobs citing Solvency II 102 105 34
As % of all contract IT jobs located in the UK 0.17% 0.19% 0.064%
As % of the Quality Assurance & Compliance category 2.17% 2.33% 0.86%
Number of daily rates quoted 79 79 32
Average daily rate
Keep up to 90%
of your Daily Rate
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£525 £475 £463
Average daily rate % change year-on-year
+10.52% +2.70%
90% offered a daily rate of more than £418 £398 £321
10% offered a daily rate of more than £650 £660 £500
UK excluding London average daily rate £528 £450 £445
% change year-on-year
+17.22% +1.12%
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
4692 4501 3947
As % of all contract IT jobs located in the UK 7.92% 7.96% 7.39%
Number of daily rates quoted 2890 2732 2325
Average daily rate £425 £410 £425
Average daily rate % change year-on-year
+3.65% -3.52%
90% offered a daily rate of more than £263 £225 £263
10% offered a daily rate of more than £575 £550 £624
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 202 201 163
Average hourly rate £21.55 £19.50 £17.50
Average hourly rate % change year-on-year
+10.51% +11.42%
90% offered a hourly rate of more than £11.92 £12.00 £10.00
10% offered a hourly rate of more than £50.59 £45.00 £37.50
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

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 2 September 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 2 September 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 -10 96 £525 +10.52% 17
London +16 61 £500 -4.76% 11
City of London +26 28 £475 -9.52% 2
South West -13 13 £480 -4.00% 3
South East -21 12 £625 +47.05%
West Midlands +7 8 £500 -37.50%
Swindon -8 6 £500 -
Wiltshire -11 6 £500 -
Scotland -5 5 £538 +19.44% 2
Surrey -7 5 £625 +64.47%
Reigate - 5 £625 -
Berkshire +1 4 £650 +44.44%
Dorset -2 4 £429 -14.25% 1
Hampshire - 4 £650 -
Reading - 4 £650 -
Bournemouth -3 3 £418 -16.50%
East of England -4 3 £650 +50.72%
Bristol -5 3 £425 +2.40% 1
Milton Keynes -9 3 £650 -
Buckinghamshire -11 3 £650 -
Edinburgh -11 3 £325 -27.77% 2
Yorkshire -28 3 £450 -5.26%
Coventry - 3 £650 -
Cambridge - 3 £650 -
Southampton - 3 £650 -
Cambridgeshire - 3 £650 -
North Yorkshire -6 2 £475 +2.70%
York -6 2 £475 +2.70%
North West -28 2 £593 +39.41% 3
Redhill - 2 £575 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 2 September 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.

1 160 (68.38%) Finance
2 74 (31.62%) Stakeholder Management
3 56 (23.93%) SQL
4 49 (20.94%) Data Warehouse
5 47 (20.09%) Business Intelligence
6 44 (18.80%) Data Modelling
7 38 (16.24%) ETL
8 36 (15.38%) Oracle
9 30 (12.82%) SQL Server
10 29 (12.39%) Migration
11 28 (11.97%) Analytical Skills
12 26 (11.11%) Microsoft
13 25 (10.68%) MS Visio
13 25 (10.68%) SQL Server Reporting Services
14 24 (10.26%) Asset Management
15 23 (9.83%) Banking
15 23 (9.83%) SQL Server Integration Services
15 23 (9.83%) Data Governance
16 20 (8.55%) Project Management
17 18 (7.69%) SQL Server Analysis Services
17 18 (7.69%) Investment Management
18 17 (7.26%) MS Excel
19 16 (6.84%) Data Analysis
20 15 (6.41%) Business Analysis
20 15 (6.41%) BPMN
20 15 (6.41%) Data Migration
20 15 (6.41%) OLAP
20 15 (6.41%) Basel II
21 14 (5.98%) T-SQL
21 14 (5.98%) Business Transformation

Solvency II
Top Related IT Skills by Category

For the 6 months to 2 September 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 (5.13%) SharePoint
2 9 (3.85%) SAS
3 3 (1.28%) BizTalk Server
4 1 (0.43%) Oracle Workflow
Applications
1 25 (10.68%) MS Visio
2 17 (7.26%) MS Excel
3 11 (4.70%) MS PowerPoint
4 5 (2.14%) MS Office
5 3 (1.28%) MS Project
6 1 (0.43%) SPSS
Business Applications
1 6 (2.56%) Markit EDM
2 5 (2.14%) Cognos TM1
3 4 (1.71%) Oracle General Ledger
3 4 (1.71%) Oracle Financials
4 2 (0.85%) Cognos Business Intelligence
5 1 (0.43%) Oracle EBS R12
5 1 (0.43%) MoSes
5 1 (0.43%) Oracle 11i
5 1 (0.43%) PolarLake
5 1 (0.43%) Oracle EBS
Communications & Networking
1 1 (0.43%) DHCP
1 1 (0.43%) FTP
1 1 (0.43%) IMAP
Database & Business Intelligence
1 49 (20.94%) Data Warehouse
2 30 (12.82%) SQL Server
3 25 (10.68%) SQL Server Reporting Services
4 23 (9.83%) SQL Server Integration Services
5 18 (7.69%) SQL Server Analysis Services
6 15 (6.41%) OLAP
7 12 (5.13%) Relational Database
8 10 (4.27%) Data Mart
9 8 (3.42%) BusinessObjects
10 7 (2.99%) Oracle Reports
10 7 (2.99%) Data Mining
10 7 (2.99%) OLAP Cube
11 6 (2.56%) Oracle Database
11 6 (2.56%) PowerCenter
12 5 (2.14%) SQL Server 2012
13 3 (1.28%) Oracle ODI
13 3 (1.28%) Big Data
13 3 (1.28%) SQL Server 2008
13 3 (1.28%) Microsoft Analysis Services
14 2 (0.85%) Star Schema
Development Applications
1 8 (3.42%) Subversion
2 5 (2.14%) ERwin
3 2 (0.85%) Team Foundation Server
3 2 (0.85%) VSS/SourceSafe
4 1 (0.43%) Visual Studio
4 1 (0.43%) JIRA
General
1 160 (68.38%) Finance
2 23 (9.83%) Banking
3 7 (2.99%) Retail
3 7 (2.99%) General Ledger
4 6 (2.56%) Back Office
5 5 (2.14%) Legal
6 4 (1.71%) Front Office
7 3 (1.28%) Marketing
8 1 (0.43%) Dutch Language
8 1 (0.43%) French Language
8 1 (0.43%) Financial Institution
8 1 (0.43%) Investment Banking
Job Titles
1 114 (48.72%) Analyst
2 76 (32.48%) Business Analyst
3 40 (17.09%) Developer
4 34 (14.53%) Project Manager
5 29 (12.39%) Data Analyst
6 28 (11.97%) Solvency II Business Analyst
7 20 (8.55%) Solvency II Project Manager
7 20 (8.55%) Senior Analyst
8 19 (8.12%) Insurance Business Analyst
9 17 (7.26%) Senior Business Analyst
10 15 (6.41%) Business Intelligence Developer
11 10 (4.27%) SQL Developer
12 9 (3.85%) Architect
12 9 (3.85%) TM1 Developer
13 8 (3.42%) Business Manager
14 7 (2.99%) Business Data Analyst
15 6 (2.56%) Governance Analyst
15 6 (2.56%) Business Intelligence Analyst
15 6 (2.56%) Finance Project Manager
15 6 (2.56%) PL/SQL Developer
Libraries, Frameworks & Software Standards
1 6 (2.56%) XML
1 6 (2.56%) .NET
2 3 (1.28%) SAP PI
2 3 (1.28%) Middleware
3 1 (0.43%) .NET Framework
3 1 (0.43%) MDX
3 1 (0.43%) ASP.NET
Miscellaneous
1 28 (11.97%) Analytical Skills
2 13 (5.56%) Data Integration
3 11 (4.70%) Fixed Income
4 9 (3.85%) Derivative
5 6 (2.56%) Visualisation
5 6 (2.56%) Social Media
5 6 (2.56%) Foreign Exchange (FX)
5 6 (2.56%) Data Extraction
6 3 (1.28%) Data Centre
6 3 (1.28%) Digital Media
6 3 (1.28%) Enterprise Software
6 3 (1.28%) Management Information System
6 3 (1.28%) Equities
6 3 (1.28%) SCADA
6 3 (1.28%) Reference Data
7 2 (0.85%) DTCC
7 2 (0.85%) Mathematics
7 2 (0.85%) Credit Risk
7 2 (0.85%) Data Structures
8 1 (0.43%) Market Risk
Operating Systems
1 13 (5.56%) UNIX
2 2 (0.85%) Windows
3 1 (0.43%) Linux
3 1 (0.43%) Windows Server 2008
3 1 (0.43%) Windows 7
3 1 (0.43%) Windows Server 2012
Processes & Methodologies
1 74 (31.62%) Stakeholder Management
2 47 (20.09%) Business Intelligence
3 44 (18.80%) Data Modelling
4 38 (16.24%) ETL
5 29 (12.39%) Migration
6 24 (10.26%) Asset Management
7 23 (9.83%) Data Governance
8 20 (8.55%) Project Management
9 18 (7.69%) Investment Management
10 16 (6.84%) Data Analysis
11 15 (6.41%) Business Analysis
11 15 (6.41%) BPMN
11 15 (6.41%) Data Migration
12 14 (5.98%) Business Transformation
13 13 (5.56%) GAP Analysis
14 12 (5.13%) UML
14 12 (5.13%) User Acceptance Testing
14 12 (5.13%) Requirements Analysis
15 11 (4.70%) Use Case
15 11 (4.70%) Time Management
Programming Languages
1 56 (23.93%) SQL
2 14 (5.98%) T-SQL
3 12 (5.13%) PL/SQL
3 12 (5.13%) Shell Script
4 10 (4.27%) VBA
5 2 (0.85%) C++
6 1 (0.43%) C
6 1 (0.43%) C#
6 1 (0.43%) VB
6 1 (0.43%) VB.NET
6 1 (0.43%) SAS Macro
Qualifications
1 10 (4.27%) Degree
2 2 (0.85%) ISEB
3 1 (0.43%) SAS Certification
3 1 (0.43%) APMP
3 1 (0.43%) ISTQB Advanced Certification
Quality Assurance & Compliance
1 15 (6.41%) Basel II
2 13 (5.56%) Basel III
3 11 (4.70%) EMIR
3 11 (4.70%) Dodd-Frank
3 11 (4.70%) MiFID
4 10 (4.27%) GAAP
5 7 (2.99%) AIFMD
6 5 (2.14%) Data Quality
7 2 (0.85%) FATCA
8 1 (0.43%) QA
System Software
1 2 (0.85%) Active Directory
2 1 (0.43%) VMware Infrastructure
Systems Management
1 3 (1.28%) Oracle EDQ
2 1 (0.43%) EMC NetWorker
2 1 (0.43%) HP Quality Center
Vendors
1 36 (15.38%) Oracle
2 26 (11.11%) Microsoft
3 11 (4.70%) Cognos
4 9 (3.85%) Informatica
5 8 (3.42%) IBM
5 8 (3.42%) HP
6 6 (2.56%) Tableau
7 5 (2.14%) Guidewire
7 5 (2.14%) Bloomberg
8 4 (1.71%) Sun
9 3 (1.28%) MuleSoft
9 3 (1.28%) FatWire
9 3 (1.28%) Pega
9 3 (1.28%) Sitecore
9 3 (1.28%) hybris
9 3 (1.28%) Adobe
9 3 (1.28%) SAP
10 2 (0.85%) VMware
11 1 (0.43%) Charles River
11 1 (0.43%) Reuters
London
HFG
Rate: £500 - £600 per day
Posted: 2 hours ago
London
HFG
Rate: £450 - £500 per day
Posted: 7 days ago
London
Real Staffing
Rate: £600 per day + competitive
Posted: 8 days ago
Bristol
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per day
Posted: 15 days ago
Dorset
Hays IT - Uk Posting account
Rate: £500.00 - £560.00 per day
Posted: 22 days ago