Period
to 22 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Solvency II skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Solvency II over the 6 months to 22 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Solvency II
Central London > City of London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 230 191 207
Rank change year-on-year -39 +16 +69
Contract jobs citing Solvency II 27 53 64
As % of all contract IT jobs advertised in the City of London 0.38% 0.79% 0.71%
As % of the Quality Assurance & Compliance category 2.88% 6.64% 6.42%
Number of daily rates quoted 23 47 49
City of London median daily rate £550 £475 £475
Median daily rate % change year-on-year +15.79% - -
10th Percentile £483 £363 £320
90th Percentile £675 £760 £588
Central London median daily rate £550 £475 £475
% change year-on-year +15.79% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Solvency II is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 939 798 997
As % of all contract IT jobs advertised in the City of London 13.12% 11.92% 11.10%
Number of daily rates quoted 735 633 723
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +1.12%
10th Percentile £313 £313 £288
90th Percentile £675 £675 £625
Central London median daily rate £483 £475 £450
% change year-on-year +1.58% +5.56% +2.86%
Number of hourly rates quoted 15 5 15
City of London median hourly rate £15.00 £46.50 £21.25
Median hourly rate % change year-on-year -67.74% +118.82% +21.43%
Central London median hourly rate £15.00 £46.50 £22.63
% change year-on-year -67.74% +105.52% +41.41%

Solvency II
Job Vacancy Trend in the City of London

Job postings citing Solvency II as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Solvency II in the City of London

Solvency II
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Solvency II in the City of London.

Contractor daily rate trend for Solvency II in the City of London

Solvency II
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Solvency II in the City of London over the 6 months to 22 November 2017.

Contractor daily rate histogram for Solvency II in the City of London

For the 6 months to 22 November 2017, 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 City of London region with a requirement for Solvency II.

1 15 (55.56%) Finance
2 8 (29.63%) SQL
3 7 (25.93%) Microsoft Excel
3 7 (25.93%) Business Intelligence
3 7 (25.93%) Stakeholder Management
4 6 (22.22%) SQL Server Analysis Services
4 6 (22.22%) Reinsurance
4 6 (22.22%) Microsoft
5 5 (18.52%) Data Warehouse
5 5 (18.52%) SQL Server
5 5 (18.52%) SQL Server Integration Services
6 4 (14.81%) Degree
6 4 (14.81%) SQL Server Reporting Services
6 4 (14.81%) Data Analysis
6 4 (14.81%) C
6 4 (14.81%) Process Management
6 4 (14.81%) Performance Management
7 3 (11.11%) Analytics
7 3 (11.11%) Eclipse
7 3 (11.11%) Python
7 3 (11.11%) Agile Software Development
7 3 (11.11%) Asset Management
7 3 (11.11%) Scrum
7 3 (11.11%) MiFID
8 2 (7.41%) Mathematics
8 2 (7.41%) Computer Science
8 2 (7.41%) jQuery
8 2 (7.41%) Atlassian Bamboo
8 2 (7.41%) Continuous Integration
8 2 (7.41%) Statistics

Solvency II
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 1 (3.70%) SharePoint
Applications
1 7 (25.93%) Microsoft Excel
2 2 (7.41%) Microsoft Office
2 2 (7.41%) Microsoft PowerPoint
2 2 (7.41%) Microsoft Project
3 1 (3.70%) MS Visio
Business Applications
1 1 (3.70%) Markit EDM
Database & Business Intelligence
1 6 (22.22%) SQL Server Analysis Services
2 5 (18.52%) Data Warehouse
2 5 (18.52%) SQL Server
2 5 (18.52%) SQL Server Integration Services
3 4 (14.81%) SQL Server Reporting Services
4 2 (7.41%) Relational Database
5 1 (3.70%) Microsoft Analysis Services
5 1 (3.70%) QlikView
Development Applications
1 3 (11.11%) Eclipse
2 2 (7.41%) Atlassian Bamboo
2 2 (7.41%) PyCharm
3 1 (3.70%) SQL Server Management Studio (SSMS)
3 1 (3.70%) Team Foundation Server
3 1 (3.70%) Visual Studio
General
1 15 (55.56%) Finance
2 1 (3.70%) Marketing
Job Titles
1 9 (33.33%) Analyst
2 7 (25.93%) Developer
3 4 (14.81%) Business Analyst
3 4 (14.81%) Project Manager
4 3 (11.11%) Architect
4 3 (11.11%) Business Intelligence Analyst
4 3 (11.11%) Business Intelligence Developer
4 3 (11.11%) Solutions Architect
5 2 (7.41%) Data Analyst
5 2 (7.41%) Python Developer
5 2 (7.41%) Senior Developer
5 2 (7.41%) Senior Python Developer
5 2 (7.41%) Solvency II Project Manager
5 2 (7.41%) SQL Developer
6 1 (3.70%) Analyst Developer
6 1 (3.70%) Business Intelligence Project Manager
6 1 (3.70%) Data Business Analyst
6 1 (3.70%) Delivery Manager
6 1 (3.70%) Governance Analyst
6 1 (3.70%) Report Analyst
Libraries, Frameworks & Software Standards
1 2 (7.41%) Flask
1 2 (7.41%) jQuery
1 2 (7.41%) Web Services
2 1 (3.70%) .NET
2 1 (3.70%) .NET Framework
Miscellaneous
1 6 (22.22%) Reinsurance
2 2 (7.41%) Computer Science
3 1 (3.70%) Analytical Skills
Processes & Methodologies
1 7 (25.93%) Business Intelligence
1 7 (25.93%) Stakeholder Management
2 4 (14.81%) Data Analysis
2 4 (14.81%) Performance Management
2 4 (14.81%) Process Management
3 3 (11.11%) Agile Software Development
3 3 (11.11%) Analytics
3 3 (11.11%) Asset Management
3 3 (11.11%) Scrum
4 2 (7.41%) Change Management
4 2 (7.41%) Data Modelling
4 2 (7.41%) GAP Analysis
4 2 (7.41%) ITSM
4 2 (7.41%) Mathematics
4 2 (7.41%) Project Management
4 2 (7.41%) Risk Management
4 2 (7.41%) Service Management
4 2 (7.41%) Statistics
4 2 (7.41%) Web Development
4 2 (7.41%) Workflow
Programming Languages
1 8 (29.63%) SQL
2 4 (14.81%) C
3 3 (11.11%) Python
4 2 (7.41%) JavaScript
4 2 (7.41%) T-SQL
5 1 (3.70%) C#
5 1 (3.70%) VBA
Qualifications
1 4 (14.81%) Degree
Quality Assurance & Compliance
1 3 (11.11%) MiFID
2 2 (7.41%) Data Quality
2 2 (7.41%) EMIR
3 1 (3.70%) GDPR
Vendors
1 6 (22.22%) Microsoft
2 1 (3.70%) Guidewire
2 1 (3.70%) SAP
2 1 (3.70%) Tagetik