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 31 March 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 Mar 2015
Same period 2014 Same period 2013
Solvency II
Rank 116 - -
Rank change year-on-year
- 0
Contract jobs citing Solvency II 2 0 0
As % of all contract IT jobs located in the West Midlands 0.077% - -
As % of the Quality Assurance & Compliance category 1.13% - -
Number of daily rates quoted 2 0 0
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£588 - -
UK excluding London average daily rate £500 £451 £425
% change year-on-year
+10.98% +6.00%
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
177 172 131
As % of all contract IT jobs located in the West Midlands 6.78% 7.75% 7.05%
Number of daily rates quoted 96 62 58
Average daily rate £325 £375 £243
Average daily rate % change year-on-year
-13.33% +54.63%
90% offered a daily rate of more than £157 £235 £150
10% offered a daily rate of more than £473 £475 £375
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 18 10 15
Average hourly rate £15.25 £12.00 £12.25
Average hourly rate % change year-on-year
+27.08% -2.04%
90% offered a hourly rate of more than £12.00 £10.00 £11.28
10% offered a hourly rate of more than £39.65 £17.87 £26.85
UK excluding London average hourly rate £22.50 £17.75 £18.50
% change year-on-year
+26.76% -4.05%

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
Daily Rate Histogram in the West Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Solvency II across the West Midlands region over the 3 months to 31 March 2015.

Solvency II Daily Rate Histogram in the West Midlands

Solvency II
Top 10 Related IT Skills in the West Midlands

For the 6 months to 31 March 2015, 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 4 (66.67%) IMAP
2 2 (33.33%) Business Analysis
2 2 (33.33%) Basel II
2 2 (33.33%) Finance
2 2 (33.33%) Validation
2 2 (33.33%) Stakeholder Engagement
2 2 (33.33%) Basel III
3 1 (16.67%) PRINCE2
3 1 (16.67%) Stakeholder Management
3 1 (16.67%) Risk Management

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

For the 6 months to 31 March 2015, 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.

Communications & Networking
1 4 (66.67%) IMAP
General
1 2 (33.33%) Finance
Job Titles
1 2 (33.33%) Business Analyst
1 2 (33.33%) Analyst
1 2 (33.33%) Solvency II Business Analyst
2 1 (16.67%) Change Project Manager
2 1 (16.67%) Project Manager
2 1 (16.67%) Change Manager
2 1 (16.67%) Documentation Manager
2 1 (16.67%) Business Change Manager
2 1 (16.67%) Business Project Manager
2 1 (16.67%) Business Manager
2 1 (16.67%) Business Change Project Manager
2 1 (16.67%) Compliance Manager
2 1 (16.67%) Actuary
Processes & Methodologies
1 2 (33.33%) Validation
1 2 (33.33%) Business Analysis
1 2 (33.33%) Stakeholder Engagement
2 1 (16.67%) Stakeholder Management
2 1 (16.67%) PRINCE2
2 1 (16.67%) Risk Management
Quality Assurance & Compliance
1 2 (33.33%) Basel II
1 2 (33.33%) Basel III