Period
to 16 August 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 16 August 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
16 Aug 2018
Same period 2017 Same period 2016
Rank 825 744 715
Rank change year-on-year -81 -29 -94
Contract jobs citing Solvency II 50 72 170
As % of all contract IT jobs advertised in England 0.054% 0.082% 0.17%
As % of the Quality Assurance & Compliance category 0.46% 0.69% 1.52%
Number of daily rates quoted 45 62 144
England median daily rate £513 £550 £525
Median daily rate % change year-on-year -6.82% +4.76% +5.00%
10th Percentile £394 £413 £413
90th Percentile £720 £686 £726
UK median daily rate £500 £550 £525
% change year-on-year -9.09% +4.76% +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 10,920 10,426 11,172
As % of all contract IT jobs advertised in England 11.69% 11.82% 11.08%
Number of daily rates quoted 6,990 6,824 7,307
England median daily rate £450 £450 £420
Median daily rate % change year-on-year - +7.14% +5.00%
10th Percentile £263 £263 £230
90th Percentile £650 £638 £600
UK median daily rate £450 £447 £413
% change year-on-year +0.61% +8.42% +3.13%
Number of hourly rates quoted 344 320 387
England median hourly rate £22.75 £20.00 £22.50
Median hourly rate % change year-on-year +13.75% -11.11% +7.14%
10th Percentile £11.15 £10.64 £11.25
90th Percentile £52.68 £48.88 £47.35
UK median hourly rate £22.20 £21.90 £22.50
% change year-on-year +1.35% -2.67% +4.47%

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 16 August 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 16 August 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 -21 47 £538 -2.27% 7
North of England -11 1 £388 -24.39% 3
Yorkshire -13 1 £388 -
South East -22 1 £300 -30.64%
South West - 1 £498 - 1
Solvency II
UK

For the 6 months to 16 August 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 (78.00%) Finance
2 12 (24.00%) SQL
3 9 (18.00%) Business Intelligence
3 9 (18.00%) IFRS
4 7 (14.00%) Analytics
4 7 (14.00%) Data Warehouse
4 7 (14.00%) Agile Software Development
5 6 (12.00%) C#
5 6 (12.00%) SQL Server
5 6 (12.00%) GDPR
6 5 (10.00%) Reinsurance
6 5 (10.00%) GAP Analysis
6 5 (10.00%) JavaScript
6 5 (10.00%) VBA
6 5 (10.00%) Microsoft Excel
6 5 (10.00%) Data Analysis
6 5 (10.00%) PowerShell
7 4 (8.00%) Tableau
7 4 (8.00%) Data Protection
7 4 (8.00%) Asset Management
7 4 (8.00%) Data Modelling
7 4 (8.00%) ETL
7 4 (8.00%) T-SQL
7 4 (8.00%) Legal
7 4 (8.00%) Migration
7 4 (8.00%) Analytical Skills
8 3 (6.00%) Target Operating Model
8 3 (6.00%) Relational Database
8 3 (6.00%) Data Quality
8 3 (6.00%) Problem-Solving

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 (2.00%) SAS
Applications
1 5 (10.00%) Microsoft Excel
2 3 (6.00%) Acrobat
2 3 (6.00%) Photoshop
3 1 (2.00%) Spreadsheet
Business Applications
1 2 (4.00%) HFM
1 2 (4.00%) MoSes
2 1 (2.00%) Oracle General Ledger
Cloud Services
1 3 (6.00%) Microsoft Azure
2 1 (2.00%) Office 365
Communications & Networking
1 1 (2.00%) Unified Communications
Database & Business Intelligence
1 7 (14.00%) Data Warehouse
2 6 (12.00%) SQL Server
3 3 (6.00%) Relational Database
3 3 (6.00%) SQL Server Integration Services
4 2 (4.00%) Data Lake
4 2 (4.00%) Essbase
4 2 (4.00%) MOLAP
4 2 (4.00%) OLAP
4 2 (4.00%) Power BI
5 1 (2.00%) BusinessObjects
5 1 (2.00%) Star Schema
Development Applications
1 3 (6.00%) Team Foundation Server
2 2 (4.00%) Visual Studio Team System
3 1 (2.00%) SQL Server Management Studio (SSMS)
General
1 39 (78.00%) Finance
2 4 (8.00%) Legal
3 1 (2.00%) Back Office
3 1 (2.00%) Banking
3 1 (2.00%) Financial Institution
Job Titles
1 14 (28.00%) Analyst
2 11 (22.00%) Project Manager
3 10 (20.00%) Business Analyst
3 10 (20.00%) Developer
4 6 (12.00%) IT Manager
5 5 (10.00%) IT Project Manager
5 5 (10.00%) Solvency II Project Manager
5 5 (10.00%) SQL Developer
6 4 (8.00%) Architect
6 4 (8.00%) Business Intelligence Analyst
7 3 (6.00%) .NET Developer
7 3 (6.00%) ASP.NET Developer
7 3 (6.00%) Business Intelligence Business Analyst
7 3 (6.00%) C# .NET Developer
7 3 (6.00%) C# ASP.NET Developer
7 3 (6.00%) C# Developer
7 3 (6.00%) C# WPF Developer
7 3 (6.00%) JavaScript Developer
7 3 (6.00%) SSIS Developer
7 3 (6.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 3 (6.00%) .NET
1 3 (6.00%) ASP.NET
1 3 (6.00%) WPF
2 1 (2.00%) Oracle Fusion
2 1 (2.00%) XBRL
Miscellaneous
1 5 (10.00%) Reinsurance
2 4 (8.00%) Analytical Skills
3 3 (6.00%) Management Information System
4 2 (4.00%) Derivative
5 1 (2.00%) Computer Science
5 1 (2.00%) Credit Risk
5 1 (2.00%) Equities
5 1 (2.00%) Fixed Income
5 1 (2.00%) Foreign Exchange (FX)
5 1 (2.00%) Grid Computing
5 1 (2.00%) Private Cloud
5 1 (2.00%) Public Cloud
5 1 (2.00%) SWIFT
Operating Systems
1 1 (2.00%) Unix
1 1 (2.00%) Windows
Processes & Methodologies
1 9 (18.00%) Business Intelligence
2 7 (14.00%) Agile Software Development
2 7 (14.00%) Analytics
3 5 (10.00%) Data Analysis
3 5 (10.00%) GAP Analysis
4 4 (8.00%) Asset Management
4 4 (8.00%) Data Modelling
4 4 (8.00%) Data Protection
4 4 (8.00%) ETL
4 4 (8.00%) Migration
5 3 (6.00%) Business Analysis
5 3 (6.00%) Data Integration
5 3 (6.00%) Data Migration
5 3 (6.00%) Problem-Solving
5 3 (6.00%) Stakeholder Management
5 3 (6.00%) Target Operating Model
5 3 (6.00%) Unit Testing
6 2 (4.00%) Financial Analysis
6 2 (4.00%) Line Management
6 2 (4.00%) Programme Governance
Programming Languages
1 12 (24.00%) SQL
2 6 (12.00%) C#
3 5 (10.00%) JavaScript
3 5 (10.00%) PowerShell
3 5 (10.00%) VBA
4 4 (8.00%) T-SQL
5 3 (6.00%) Python
5 3 (6.00%) VBScript
6 2 (4.00%) C
6 2 (4.00%) Jython
7 1 (2.00%) C++
7 1 (2.00%) Shell Script
Qualifications
1 3 (6.00%) Degree
2 1 (2.00%) ACCA
2 1 (2.00%) Computer Science Degree
2 1 (2.00%) PMP
Quality Assurance & Compliance
1 9 (18.00%) IFRS
2 6 (12.00%) GDPR
3 3 (6.00%) Data Quality
3 3 (6.00%) MiFID
4 2 (4.00%) AIFMD
4 2 (4.00%) FATCA
4 2 (4.00%) GAAP
4 2 (4.00%) Sarbanes-Oxley
5 1 (2.00%) EMIR
System Software
1 1 (2.00%) Hyper-V
1 1 (2.00%) VMware Infrastructure
Systems Management
1 1 (2.00%) Cisco CUCM
1 1 (2.00%) SCCM
1 1 (2.00%) SCOM
1 1 (2.00%) SCOrch
Vendors
1 4 (8.00%) Tableau
2 3 (6.00%) Adobe
2 3 (6.00%) Microsoft
3 2 (4.00%) Anaplan
3 2 (4.00%) Cognos
4 1 (2.00%) Oracle
4 1 (2.00%) Remedy
4 1 (2.00%) SAP
4 1 (2.00%) Tagetik
4 1 (2.00%) VMware