Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies advertised in the East of England 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 19 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
England > East of England
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 203 189 200
Rank change year-on-year -14 +11 +11
Contract jobs citing Solvency II 2 2 5
As % of all contract IT jobs advertised in the East of England 0.039% 0.041% 0.084%
As % of the Quality Assurance & Compliance category 0.29% 0.38% 0.79%
Number of daily rates quoted 2 2 25
East of England median daily rate £500 £313 £650
Median daily rate % change year-on-year +60.00% -51.92% +52.94%
10th Percentile £416 £290 £600
90th Percentile £574 £335 £700
England median daily rate £550 £500 £525
% change year-on-year +10.00% -4.76% +5.00%
Number of hourly rates quoted 0 0 0
East of England median hourly rate - - -
England 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 East of England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
East of England
Contract vacancies with a requirement for quality assurance or compliance skills 693 522 630
As % of all contract IT jobs advertised in the East of England 13.66% 10.81% 10.60%
Number of daily rates quoted 368 290 335
East of England median daily rate £400 £375 £370
Median daily rate % change year-on-year +6.67% +1.35% -1.33%
10th Percentile £223 £181 £188
90th Percentile £575 £538 £539
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 60 44 73
East of England median hourly rate £22.75 £37.50 £29.00
Median hourly rate % change year-on-year -39.33% +29.31% +5.45%
10th Percentile £10.49 £13.48 £14.30
90th Percentile £47.50 £49.18 £46.50
England median hourly rate £20.00 £22.67 £21.64
% change year-on-year -11.77% +4.75% +10.97%

Solvency II
Job Vacancy Trend in the East of England

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

Job vacancy trend for Solvency II in the East of England

Solvency II
Contractor Daily Rate Trend in the East of England

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

Contractor daily rate trend for Solvency II in the East of England

Solvency II
Contractor Daily Rate Histogram in the East of England

The daily rate distribution of IT jobs citing Solvency II in the East of England over the 6 months to 19 November 2017.

Contractor daily rate histogram for Solvency II in the East of England

Solvency II
Contract Job Locations in the East of England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II within the East of England region over the 6 months to 19 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Essex -14 1 £575 +76.92%
Norfolk - 1 £425 -
Solvency II
England

For the 6 months to 19 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 East of England region with a requirement for Solvency II.

1 2 (100.00%) Finance
2 1 (50.00%) Agile Software Development
2 1 (50.00%) MiFID
2 1 (50.00%) Resource Management
2 1 (50.00%) Stakeholder Engagement
2 1 (50.00%) EMIR
2 1 (50.00%) Target Operating Model
2 1 (50.00%) IFRS
2 1 (50.00%) IFRS 9
2 1 (50.00%) Microsoft Project
2 1 (50.00%) Project Management

Solvency II
Co-occurring IT Skills in the East of England 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:

Applications
1 1 (50.00%) Microsoft Project
General
1 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Project Manager
2 1 (50.00%) Business Change Manager
2 1 (50.00%) Business Change Project Manager
2 1 (50.00%) Business Manager
2 1 (50.00%) Business Project Manager
2 1 (50.00%) Change Manager
2 1 (50.00%) Change Project Manager
2 1 (50.00%) Programme Change Manager
2 1 (50.00%) Project Change Manager
Processes & Methodologies
1 1 (50.00%) Agile Software Development
1 1 (50.00%) Project Management
1 1 (50.00%) Resource Management
1 1 (50.00%) Stakeholder Engagement
1 1 (50.00%) Target Operating Model
Quality Assurance & Compliance
1 1 (50.00%) EMIR
1 1 (50.00%) IFRS
1 1 (50.00%) IFRS 9
1 1 (50.00%) MiFID