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 28 January 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
28 Jan 2015
Same period 2014 Same period 2013
Solvency II
Rank 104 - -
Rank change year-on-year
- 0
Contract jobs citing Solvency II 4 0 0
As % of all contract IT jobs located in the West Midlands 0.19% - -
As % of the Quality Assurance & Compliance category 2.55% - -
Number of daily rates quoted 3 0 0
Average daily rate
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£600 - -
UK excluding London average daily rate £500 £476 £391
% change year-on-year
+5.15% +21.76%
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
157 133 107
As % of all contract IT jobs located in the West Midlands 7.37% 6.29% 5.82%
Number of daily rates quoted 78 43 33
Average daily rate £375 £345 £315
Average daily rate % change year-on-year
+8.69% +9.52%
90% offered a daily rate of more than £153 £223 £175
10% offered a daily rate of more than £500 £460 £485
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 15 8 17
Average hourly rate £15.50 £12.00 £17.50
Average hourly rate % change year-on-year
+29.16% -31.42%
90% offered a hourly rate of more than £12.42 £10.55 £10.30
10% offered a hourly rate of more than £31.44 £19.15 £22.50
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

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 28 January 2015.

Solvency II Daily Rate Histogram in the West Midlands

Solvency II
Top 27 Related IT Skills in the West Midlands

For the 6 months to 28 January 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 3 (50.00%) Finance
1 3 (50.00%) IMAP
2 2 (33.33%) Data Integration
2 2 (33.33%) Performance Tuning
2 2 (33.33%) Logical Data Model
2 2 (33.33%) Physical Data Model
2 2 (33.33%) SQLPlus
2 2 (33.33%) Data Security
2 2 (33.33%) Security Management
2 2 (33.33%) Data Mart
2 2 (33.33%) PL/SQL
2 2 (33.33%) SQL
2 2 (33.33%) Oracle
2 2 (33.33%) Data Modelling
2 2 (33.33%) ETL
3 1 (16.67%) Informatica
3 1 (16.67%) PowerDesigner
3 1 (16.67%) ERwin
3 1 (16.67%) PRINCE2
3 1 (16.67%) Data Warehouse
3 1 (16.67%) Validation
3 1 (16.67%) Stakeholder Management
3 1 (16.67%) Data Analysis
3 1 (16.67%) Business Analysis
3 1 (16.67%) Basel II
3 1 (16.67%) Stakeholder Engagement
3 1 (16.67%) Basel III

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

For the 6 months to 28 January 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 3 (50.00%) IMAP
Database & Business Intelligence
1 2 (33.33%) SQLPlus
1 2 (33.33%) Data Mart
2 1 (16.67%) Data Warehouse
Development Applications
1 1 (16.67%) PowerDesigner
1 1 (16.67%) ERwin
General
1 3 (50.00%) Finance
Job Titles
1 1 (16.67%) Change Manager
1 1 (16.67%) Documentation Manager
1 1 (16.67%) Business Change Manager
1 1 (16.67%) Oracle Developer
1 1 (16.67%) Team Leader
1 1 (16.67%) SQL Developer
1 1 (16.67%) PL/SQL Developer
1 1 (16.67%) Business Project Manager
1 1 (16.67%) Business Manager
1 1 (16.67%) Oracle Team Leader
1 1 (16.67%) Business Change Project Manager
1 1 (16.67%) Compliance Manager
1 1 (16.67%) Project Manager
1 1 (16.67%) Business Analyst
1 1 (16.67%) Developer
1 1 (16.67%) Analyst
1 1 (16.67%) Solvency II Business Analyst
1 1 (16.67%) Change Project Manager
Miscellaneous
1 2 (33.33%) Data Integration
Processes & Methodologies
1 2 (33.33%) Performance Tuning
1 2 (33.33%) Logical Data Model
1 2 (33.33%) Physical Data Model
1 2 (33.33%) Data Security
1 2 (33.33%) Security Management
1 2 (33.33%) Data Modelling
1 2 (33.33%) ETL
2 1 (16.67%) PRINCE2
2 1 (16.67%) Validation
2 1 (16.67%) Stakeholder Management
2 1 (16.67%) Data Analysis
2 1 (16.67%) Business Analysis
2 1 (16.67%) Stakeholder Engagement
Programming Languages
1 2 (33.33%) PL/SQL
1 2 (33.33%) SQL
Quality Assurance & Compliance
1 1 (16.67%) Basel II
1 1 (16.67%) Basel III
Vendors
1 2 (33.33%) Oracle
2 1 (16.67%) Informatica