Period
to 17 February 2019

The following table provides summary statistics for contract job vacancies advertised in Edinburgh 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 17 February 2019 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
Scotland > Edinburgh
6 months to
17 Feb 2019
Same period 2018 Same period 2017
Rank 123 132 108
Rank change year-on-year +9 -24 +32
Contract jobs citing Solvency II 3 13 1
As % of all contract IT jobs advertised in Edinburgh 0.12% 0.44% 0.057%
As % of the Quality Assurance & Compliance category 0.95% 2.78% 0.47%
Number of daily rates quoted 3 11 1
Edinburgh median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - -
10th Percentile £513 £413 £463
90th Percentile £538 £506 £488
Scotland median daily rate £525 £475 £475
% change year-on-year +10.53% - -
Number of hourly rates quoted 0 0 0
Edinburgh median hourly rate - - -
Scotland 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 Edinburgh with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Edinburgh
Contract vacancies with a requirement for quality assurance or compliance skills 315 467 215
As % of all contract IT jobs advertised in Edinburgh 12.30% 15.69% 12.28%
Number of daily rates quoted 162 291 130
Edinburgh median daily rate £400 £400 £378
Median daily rate % change year-on-year - +5.96% +7.86%
10th Percentile £170 £213 £148
90th Percentile £538 £575 £551
Scotland median daily rate £388 £375 £365
% change year-on-year +3.47% +2.74% +5.49%
Number of hourly rates quoted 5 5 1
Edinburgh median hourly rate £25.50 £35.00 £30.50
Median hourly rate % change year-on-year -27.14% +14.75% -5.94%
10th Percentile £13.35 £20.75 £20.75
90th Percentile £35.00 £130.25 £40.25
Scotland median hourly rate £23.00 £25.00 £25.00
% change year-on-year -8.00% - +13.64%

Solvency II
Job Vacancy Trend in Edinburgh

Job postings citing Solvency II as a percentage of all IT jobs advertised in Edinburgh.

Job vacancy trend for Solvency II in Edinburgh

Solvency II
Contractor Daily Rate Trend in Edinburgh

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

Contractor daily rate trend for Solvency II in Edinburgh

For the 6 months to 17 February 2019, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Edinburgh region with a requirement for Solvency II.

1 3 (100.00%) Front Office
1 3 (100.00%) Finance
1 3 (100.00%) Migration
1 3 (100.00%) Stakeholder Management
1 3 (100.00%) Fixed Income
1 3 (100.00%) Equities
1 3 (100.00%) Asset Management
1 3 (100.00%) Derivative
1 3 (100.00%) MiFID
1 3 (100.00%) FATCA
1 3 (100.00%) Target Operating Model
1 3 (100.00%) GDPR

Solvency II
Co-occurring IT Skills in Edinburgh 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:

General
1 3 (100.00%) Finance
1 3 (100.00%) Front Office
Job Titles
1 3 (100.00%) Analyst
1 3 (100.00%) Asset Management Analyst
1 3 (100.00%) Asset Management Business Analyst
1 3 (100.00%) Business Analyst
1 3 (100.00%) Investment Management Business Analyst
Miscellaneous
1 3 (100.00%) Derivative
1 3 (100.00%) Equities
1 3 (100.00%) Fixed Income
Processes & Methodologies
1 3 (100.00%) Asset Management
1 3 (100.00%) Migration
1 3 (100.00%) Stakeholder Management
1 3 (100.00%) Target Operating Model
Quality Assurance & Compliance
1 3 (100.00%) FATCA
1 3 (100.00%) GDPR
1 3 (100.00%) MiFID