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 contractor rates offered in IT contracts that have cited Solvency II over the 3 months to 4 December 2016 with a comparison to the same period over 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.

3 months to
4 Dec 2016
Same period 2015 Same period 2014
Solvency II
Rank 131 121 119
Rank change year-on-year
-10 -2
Contract jobs citing Solvency II 1 3 4
As % of all contract IT jobs located in the West Midlands 0.037% 0.12% 0.17%
As % of the Quality Assurance & Compliance category 0.39% 1.27% 2.15%
Number of daily rates quoted 1 3 3
Median daily rate £375 £650 £600
Median daily rate % change year-on-year
-42.30% +8.33%
UK excluding London median daily rate £400 £650 £513
% change year-on-year
-38.46% +26.82%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
256 236 186
As % of all contract IT jobs located in the West Midlands 9.36% 9.17% 7.76%
Number of daily rates quoted 163 135 94
Median daily rate £400 £405 £338
Median daily rate % change year-on-year
-1.29% +20.07%
90% offered a daily rate of more than £225 £270 £160
10% offered a daily rate of more than £550 £500 £450
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 23 19 16
Median hourly rate £25.00 £20.50 £25.00
Median hourly rate % change year-on-year
+21.95% -18.00%
90% offered a hourly rate of more than £11.05 £11.00 £13.06
10% offered a hourly rate of more than £41.50 £40.00 £34.00
UK excluding London median hourly rate £22.50 £25.00 £22.00
% change year-on-year
-10.00% +13.63%

Solvency II
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Solvency II as a proportion of all IT contracts with a match in 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
Top 9 Related IT Skills in the West Midlands

For the 6 months to 4 December 2016, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Solvency II.

1 4 (100.00%) Finance
2 1 (25.00%) PRINCE2
2 1 (25.00%) Data Warehouse
2 1 (25.00%) Project Management
2 1 (25.00%) Advertising
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) User Acceptance Testing
2 1 (25.00%) System Integration Testing
2 1 (25.00%) Stakeholder and Relationship Management

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 1 (25.00%) Data Warehouse
General
1 4 (100.00%) Finance
2 1 (25.00%) Advertising
Job Titles
1 2 (50.00%) Test Manager
2 1 (25.00%) Project Manager
2 1 (25.00%) Solvency II Project Manager
2 1 (25.00%) Test Leader
Processes & Methodologies
1 1 (25.00%) PRINCE2
1 1 (25.00%) Project Management
1 1 (25.00%) Stakeholder and Relationship Management
1 1 (25.00%) Stakeholder Management
1 1 (25.00%) System Integration Testing
1 1 (25.00%) User Acceptance Testing