Period
to 23 May 2018

The following table provides summary statistics for contract job vacancies advertised in 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 23 May 2018 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
UK > England
6 months to
23 May 2018
Same period 2017 Same period 2016
Rank 789 721 705
Rank change year-on-year -68 -16 -149
Contract jobs citing Solvency II 48 78 155
As % of all contract IT jobs advertised in England 0.052% 0.094% 0.16%
As % of the Quality Assurance & Compliance category 0.42% 0.81% 1.40%
Number of daily rates quoted 40 67 135
England median daily rate £550 £525 £525
Median daily rate % change year-on-year +4.76% - +5.00%
10th Percentile £420 £415 £413
90th Percentile £763 £700 £765
UK median daily rate £538 £525 £525
% change year-on-year +2.38% - +5.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK 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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 11,429 9,679 11,057
As % of all contract IT jobs advertised in England 12.41% 11.60% 11.38%
Number of daily rates quoted 7,399 6,319 7,192
England median daily rate £450 £450 £410
Median daily rate % change year-on-year - +9.76% +2.50%
10th Percentile £263 £250 £235
90th Percentile £638 £638 £600
UK median daily rate £450 £433 £400
% change year-on-year +4.05% +8.13% -
Number of hourly rates quoted 323 322 385
England median hourly rate £22.50 £20.50 £22.84
Median hourly rate % change year-on-year +9.76% -10.23% +11.39%
10th Percentile £11.75 £10.78 £11.17
90th Percentile £51.15 £52.50 £52.50
UK median hourly rate £22.50 £22.50 £23.81
% change year-on-year - -5.49% +16.13%

Solvency II
Job Vacancy Trend in England

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

Job vacancy trend for Solvency II in England

Solvency II
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Solvency II in England

Solvency II
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Solvency II in England over the 6 months to 23 May 2018.

Contractor daily rate histogram for Solvency II in England

Solvency II
Contract Job Locations in 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 England region over the 6 months to 23 May 2018. 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
London -71 47 £550 +4.76% 9
South East -30 1 £300 -40.45%
Solvency II
UK

For the 6 months to 23 May 2018, 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 England region with a requirement for Solvency II.

1 39 (81.25%) Finance
2 12 (25.00%) Analytics
3 11 (22.92%) IFRS
4 10 (20.83%) Management Information System
4 10 (20.83%) VBA
4 10 (20.83%) Business Analysis
5 9 (18.75%) Risk Management
5 9 (18.75%) SQL
5 9 (18.75%) Microsoft Excel
5 9 (18.75%) Microsoft
5 9 (18.75%) Fixed Income
5 9 (18.75%) GDPR
6 7 (14.58%) Stakeholder Management
6 7 (14.58%) Business Intelligence
6 7 (14.58%) Agile Software Development
6 7 (14.58%) Banking
6 7 (14.58%) Credit Risk
7 6 (12.50%) Data Analysis
7 6 (12.50%) Derivative
7 6 (12.50%) Equities
7 6 (12.50%) Python
7 6 (12.50%) C++
7 6 (12.50%) Change Management
7 6 (12.50%) Risk Analytics
8 5 (10.42%) Data Quality
8 5 (10.42%) Financial Analysis
8 5 (10.42%) Problem-Solving
8 5 (10.42%) Legal
8 5 (10.42%) C#
8 5 (10.42%) Degree

Solvency II
Co-occurring IT Skills in 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:

Application Platforms
1 1 (2.08%) SharePoint
Applications
1 9 (18.75%) Microsoft Excel
2 2 (4.17%) Acrobat
2 2 (4.17%) Photoshop
3 1 (2.08%) MS Visio
3 1 (2.08%) Spreadsheet
Business Applications
1 3 (6.25%) Summit
2 1 (2.08%) MoSes
2 1 (2.08%) Oracle General Ledger
Database & Business Intelligence
1 3 (6.25%) Data Warehouse
2 2 (4.17%) Power BI
2 2 (4.17%) SQL Server
2 2 (4.17%) SQL Server Integration Services
3 1 (2.08%) Big Data
3 1 (2.08%) Hadoop
3 1 (2.08%) Star Schema
Development Applications
1 2 (4.17%) Team Foundation Server
2 1 (2.08%) SQL Server Management Studio (SSMS)
General
1 39 (81.25%) Finance
2 7 (14.58%) Banking
3 5 (10.42%) Legal
4 4 (8.33%) Front Office
5 2 (4.17%) Investment Banking
6 1 (2.08%) Retail
Job Titles
1 22 (45.83%) Analyst
2 12 (25.00%) Business Analyst
3 7 (14.58%) Developer
4 6 (12.50%) Data Analyst
4 6 (12.50%) Project Manager
5 5 (10.42%) C# Developer
6 4 (8.33%) C++ Developer
6 4 (8.33%) C++ Quantitative Developer
6 4 (8.33%) GDPR Business Analyst
6 4 (8.33%) Quantitative Developer
6 4 (8.33%) Senior C++ Developer
6 4 (8.33%) Senior C++ Quantitative Developer
6 4 (8.33%) Senior Developer
6 4 (8.33%) Senior Quantitative Developer
7 3 (6.25%) Business Intelligence Analyst
7 3 (6.25%) C# Quant Developer
7 3 (6.25%) C++/C# Developer
7 3 (6.25%) Data Business Analyst
7 3 (6.25%) Finance Business Analyst
7 3 (6.25%) Financial Analyst
Libraries, Frameworks & Software Standards
1 3 (6.25%) COM
2 2 (4.17%) .NET
2 2 (4.17%) ASP.NET
2 2 (4.17%) WPF
3 1 (2.08%) Oracle Fusion
3 1 (2.08%) XML
Miscellaneous
1 10 (20.83%) Management Information System
2 9 (18.75%) Fixed Income
3 7 (14.58%) Credit Risk
4 6 (12.50%) Derivative
4 6 (12.50%) Equities
5 4 (8.33%) Reinsurance
6 3 (6.25%) Computer Science
6 3 (6.25%) Hedge funds
6 3 (6.25%) Market Risk
7 2 (4.17%) Analytical Skills
8 1 (2.08%) Foreign Exchange (FX)
8 1 (2.08%) SWIFT
Operating Systems
1 3 (6.25%) Linux
1 3 (6.25%) Unix
Processes & Methodologies
1 12 (25.00%) Analytics
2 10 (20.83%) Business Analysis
3 9 (18.75%) Risk Management
4 7 (14.58%) Agile Software Development
4 7 (14.58%) Business Intelligence
4 7 (14.58%) Stakeholder Management
5 6 (12.50%) Change Management
5 6 (12.50%) Data Analysis
5 6 (12.50%) Risk Analytics
6 5 (10.42%) Data Protection
6 5 (10.42%) Financial Analysis
6 5 (10.42%) Problem-Solving
7 4 (8.33%) Change Control
7 4 (8.33%) Data Governance
7 4 (8.33%) Mathematics
7 4 (8.33%) Process Improvement
7 4 (8.33%) Project Management
7 4 (8.33%) Waterfall
8 3 (6.25%) Economics
8 3 (6.25%) Release Management
Programming Languages
1 10 (20.83%) VBA
2 9 (18.75%) SQL
3 6 (12.50%) C++
3 6 (12.50%) Python
4 5 (10.42%) C#
5 3 (6.25%) Java
5 3 (6.25%) Shell Script
5 3 (6.25%) T-SQL
6 2 (4.17%) C
6 2 (4.17%) JavaScript
6 2 (4.17%) PowerShell
Qualifications
1 5 (10.42%) Degree
2 3 (6.25%) Computer Science Degree
Quality Assurance & Compliance
1 11 (22.92%) IFRS
2 9 (18.75%) GDPR
3 5 (10.42%) Data Quality
3 5 (10.42%) MiFID
4 4 (8.33%) Basel III
4 4 (8.33%) EMIR
5 3 (6.25%) FATCA
6 2 (4.17%) GAAP
7 1 (2.08%) PMO
7 1 (2.08%) QA
7 1 (2.08%) Sarbanes-Oxley
Vendors
1 9 (18.75%) Microsoft
2 3 (6.25%) Calypso
2 3 (6.25%) Murex
2 3 (6.25%) Sophis
3 2 (4.17%) Adobe
3 2 (4.17%) Algorithmics
3 2 (4.17%) Bloomberg
3 2 (4.17%) SAP
3 2 (4.17%) Tableau
4 1 (2.08%) Oracle
4 1 (2.08%) Remedy
4 1 (2.08%) Tagetik