The table below looks at the statistics for Solvency II skills in IT contracts advertised for the West Midlands region. Included is a guide to the average contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 3 September 2014 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
3 Sep 2014
Same period 2013 Same period 2012
Solvency II
Rank 117 - 105
Rank change year-on-year
- 0
Contract jobs citing Solvency II 6 0 4
As % of all contract IT jobs located in the West Midlands 0.23% - 0.18%
As % of the Quality Assurance & Compliance category 2.97% - 2.47%
Number of daily rates quoted 1 0 2
Average daily rate
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£800 - £388
UK excluding London average daily rate £463 £454 £418
% change year-on-year
+1.92% +8.68%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Solvency II
England

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the West Midlands region.

Quality Assurance & Compliance Category
West Midlands
Contract IT job ads with a match in the
Quality Assurance & Compliance category
202 111 162
As % of all contract IT jobs located in the West Midlands 7.91% 5.32% 7.12%
Number of daily rates quoted 80 52 66
Average daily rate £331 £380 £400
Average daily rate % change year-on-year
-12.82% -5.00%
90% offered a daily rate of more than £150 £164 £180
10% offered a daily rate of more than £525 £505 £600
UK excluding London average daily rate £375 £353 £360
% change year-on-year
+6.38% -2.08%
Number of hourly rates quoted 22 6 7
Average hourly rate £17.50 £15.50 £21.50
Average hourly rate % change year-on-year
+12.90% -27.90%
90% offered a hourly rate of more than £13.98 £8.00 £13.28
10% offered a hourly rate of more than £102.36 £26.25 £32.50
UK excluding London average hourly rate £20.00 £17.50 £21.25
% change year-on-year
+14.28% -17.64%

Solvency II
Jobs Demand Trend in the West Midlands

This chart provides a 3-month moving total of IT contractor jobs citing Solvency II across the West Midlands region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the West Midlands

Solvency II
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Solvency II across the West Midlands region.

Solvency II Daily Rate Trend in the West Midlands

Solvency II
Contract Job Locations in the West Midlands

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 West Midlands region over the 3 months to 3 September 2014. 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
Warwickshire - 2 - -
Birmingham - - - -
Solvency II
England

Solvency II
Top 21 Related IT Skills in the West Midlands

For the 6 months to 3 September 2014, IT contractor jobs across the West Midlands region 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 9 (100.00%) Finance
2 5 (55.56%) Business Analysis
3 4 (44.44%) Stakeholder Management
4 2 (22.22%) PL/SQL
4 2 (22.22%) SQL
4 2 (22.22%) Oracle
4 2 (22.22%) Data Modelling
4 2 (22.22%) ETL
4 2 (22.22%) Data Integration
4 2 (22.22%) Performance Tuning
4 2 (22.22%) Data Security
4 2 (22.22%) Security Management
4 2 (22.22%) SQLPlus
4 2 (22.22%) Data Mart
5 1 (11.11%) Risk Management
5 1 (11.11%) GAP Analysis
5 1 (11.11%) Informatica
5 1 (11.11%) PowerDesigner
5 1 (11.11%) ERwin
5 1 (11.11%) Data Warehouse
5 1 (11.11%) Data Analysis

Solvency II
Top Related IT Skills in the West Midlands by Category

For the 6 months to 3 September 2014, IT contractor jobs across the West Midlands region 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.

Database & Business Intelligence
1 2 (22.22%) SQLPlus
1 2 (22.22%) Data Mart
2 1 (11.11%) Data Warehouse
Development Applications
1 1 (11.11%) PowerDesigner
1 1 (11.11%) ERwin
General
1 9 (100.00%) Finance
Job Titles
1 5 (55.56%) Business Analyst
1 5 (55.56%) Analyst
2 2 (22.22%) Actuary
3 1 (11.11%) Developer
3 1 (11.11%) Oracle Developer
3 1 (11.11%) Team Leader
3 1 (11.11%) SQL Developer
3 1 (11.11%) PL/SQL Developer
3 1 (11.11%) Oracle Team Leader
Miscellaneous
1 2 (22.22%) Data Integration
Processes & Methodologies
1 5 (55.56%) Business Analysis
2 4 (44.44%) Stakeholder Management
3 2 (22.22%) Data Modelling
3 2 (22.22%) ETL
3 2 (22.22%) Performance Tuning
3 2 (22.22%) Data Security
3 2 (22.22%) Security Management
4 1 (11.11%) Risk Management
4 1 (11.11%) GAP Analysis
4 1 (11.11%) Data Analysis
Programming Languages
1 2 (22.22%) PL/SQL
1 2 (22.22%) SQL
Vendors
1 2 (22.22%) Oracle
2 1 (11.11%) Informatica