Period
to 23 November 2017

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 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
UK > England
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 778 707 669
Rank change year-on-year -71 -38 -19
Contract jobs citing Solvency II 79 166 202
As % of all contract IT jobs advertised in England 0.083% 0.17% 0.19%
As % of the Quality Assurance & Compliance category 0.66% 1.50% 1.65%
Number of daily rates quoted 65 137 189
England median daily rate £550 £500 £525
Median daily rate % change year-on-year +10.00% -4.76% +5.00%
10th Percentile £463 £363 £369
90th Percentile £692 £675 £700
UK median daily rate £550 £500 £525
% change year-on-year +10.00% -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 12027 11035 12248
As % of all contract IT jobs advertised in England 12.68% 11.28% 11.79%
Number of daily rates quoted 7927 7256 7886
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £228 £237
90th Percentile £638 £600 £588
UK median daily rate £440 £425 £407
% change year-on-year +3.53% +4.42% +1.75%
Number of hourly rates quoted 334 387 430
England median hourly rate £20.00 £22.50 £22.00
Median hourly rate % change year-on-year -11.11% +2.27% +12.82%
10th Percentile £11.05 £11.00 £11.66
90th Percentile £50.00 £46.85 £51.26
UK median hourly rate £20.00 £22.84 £22.50
% change year-on-year -12.42% +1.49% +18.42%

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 November 2017.

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 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
London -73 69 £550 +10.00% 4
West Midlands +34 4 - -
Midlands +26 4 - -
North of England +58 3 £550 +2.33%
North West +19 2 £550 -
East of England -18 2 £500 +60.00%
Yorkshire +21 1 - -
Solvency II
UK

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

1 43 (54.43%) Finance
2 22 (27.85%) SQL
3 17 (21.52%) GDPR
4 16 (20.25%) MiFID
5 14 (17.72%) Business Intelligence
6 13 (16.46%) SQL Server Analysis Services
7 12 (15.19%) EMIR
7 12 (15.19%) Asset Management
7 12 (15.19%) SQL Server Integration Services
7 12 (15.19%) Microsoft Excel
8 11 (13.92%) SQL Server
8 11 (13.92%) Stakeholder Management
8 11 (13.92%) Reinsurance
9 10 (12.66%) Business Analysis
9 10 (12.66%) Data Warehouse
9 10 (12.66%) Project Management
10 9 (11.39%) Microsoft
10 9 (11.39%) Investment Management
10 9 (11.39%) Data Protection
11 8 (10.13%) SQL Server Reporting Services
11 8 (10.13%) Data Analysis
11 8 (10.13%) Agile Software Development
12 7 (8.86%) Analytics
12 7 (8.86%) Dodd-Frank
13 6 (7.59%) Data Governance
13 6 (7.59%) Front Office
13 6 (7.59%) C
14 5 (6.33%) Python
14 5 (6.33%) Risk Management
14 5 (6.33%) Statistics

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 (1.27%) Mule
1 1 (1.27%) Oracle 10gAS
1 1 (1.27%) Oracle Application Server
1 1 (1.27%) SharePoint
Applications
1 12 (15.19%) Microsoft Excel
2 4 (5.06%) Microsoft PowerPoint
2 4 (5.06%) Microsoft Project
3 3 (3.80%) Microsoft Office
4 2 (2.53%) MS Visio
Business Applications
1 4 (5.06%) Markit EDM
Communications & Networking
1 1 (1.27%) IMAP
Database & Business Intelligence
1 13 (16.46%) SQL Server Analysis Services
2 12 (15.19%) SQL Server Integration Services
3 11 (13.92%) SQL Server
4 10 (12.66%) Data Warehouse
5 8 (10.13%) SQL Server Reporting Services
6 3 (3.80%) Relational Database
7 1 (1.27%) Data Mining
7 1 (1.27%) Microsoft Analysis Services
7 1 (1.27%) OLAP
7 1 (1.27%) Oracle Database
7 1 (1.27%) Oracle Database 10g
7 1 (1.27%) Oracle OLAP
7 1 (1.27%) Oracle9i Database
7 1 (1.27%) Power BI
7 1 (1.27%) QlikView
7 1 (1.27%) RDBMS
Development Applications
1 3 (3.80%) Eclipse
2 2 (2.53%) Atlassian Bamboo
2 2 (2.53%) PyCharm
2 2 (2.53%) Visual Studio
3 1 (1.27%) ProC
3 1 (1.27%) SQL Server Management Studio (SSMS)
3 1 (1.27%) Team Foundation Server
General
1 43 (54.43%) Finance
2 6 (7.59%) Front Office
3 4 (5.06%) Legal
4 2 (2.53%) Banking
4 2 (2.53%) Marketing
4 2 (2.53%) Private Banking
5 1 (1.27%) Law
5 1 (1.27%) Publishing
Job Titles
1 32 (40.51%) Analyst
2 24 (30.38%) Business Analyst
3 17 (21.52%) Project Manager
4 13 (16.46%) Developer
5 9 (11.39%) Business Intelligence Developer
6 7 (8.86%) Data Business Analyst
6 7 (8.86%) GDPR Business Analyst
6 7 (8.86%) Solvency II Project Manager
7 6 (7.59%) Architect
7 6 (7.59%) Data Analyst
7 6 (7.59%) Solutions Architect
7 6 (7.59%) SQL Developer
8 5 (6.33%) Business Intelligence Analyst
8 5 (6.33%) Insurance Business Analyst
8 5 (6.33%) Investment Management Business Analyst
9 4 (5.06%) Solvency II Business Analyst
9 4 (5.06%) SQL BI Developer
10 3 (3.80%) Data Warehouse Manager
10 3 (3.80%) Data Warehouse Project Manager
10 3 (3.80%) Risk Consultant
Libraries, Frameworks & Software Standards
1 3 (3.80%) .NET
1 3 (3.80%) MDX
2 2 (2.53%) .NET Framework
2 2 (2.53%) ASP.NET
2 2 (2.53%) Flask
2 2 (2.53%) jQuery
2 2 (2.53%) Web Services
3 1 (1.27%) CSS
3 1 (1.27%) DHTML
3 1 (1.27%) HTML
3 1 (1.27%) WinForms
3 1 (1.27%) XHTML
Miscellaneous
1 11 (13.92%) Reinsurance
2 5 (6.33%) Analytical Skills
3 2 (2.53%) Computer Science
3 2 (2.53%) Data Protection Act
3 2 (2.53%) Reference Data
4 1 (1.27%) Derivative
4 1 (1.27%) Equities
4 1 (1.27%) IBM Mainframe
4 1 (1.27%) Mainframe
Operating Systems
1 1 (1.27%) HPUX
1 1 (1.27%) Linux
1 1 (1.27%) Red Hat Enterprise Linux
1 1 (1.27%) Unix
1 1 (1.27%) Windows
1 1 (1.27%) Windows Server
1 1 (1.27%) Windows Server 2003
1 1 (1.27%) Windows Server 2008
Processes & Methodologies
1 14 (17.72%) Business Intelligence
2 12 (15.19%) Asset Management
3 11 (13.92%) Stakeholder Management
4 10 (12.66%) Business Analysis
4 10 (12.66%) Project Management
5 9 (11.39%) Data Protection
5 9 (11.39%) Investment Management
6 8 (10.13%) Agile Software Development
6 8 (10.13%) Data Analysis
7 7 (8.86%) Analytics
8 6 (7.59%) Data Governance
9 5 (6.33%) Mathematics
9 5 (6.33%) Performance Management
9 5 (6.33%) Risk Management
9 5 (6.33%) SDLC
9 5 (6.33%) Statistics
10 4 (5.06%) Data Modelling
10 4 (5.06%) Internal Audit
10 4 (5.06%) Process Management
10 4 (5.06%) Programme Management
Programming Languages
1 22 (27.85%) SQL
2 6 (7.59%) C
3 5 (6.33%) Python
4 4 (5.06%) T-SQL
5 2 (2.53%) JavaScript
6 1 (1.27%) C#
6 1 (1.27%) PL/SQL
6 1 (1.27%) VB.NET
6 1 (1.27%) VBA
Qualifications
1 4 (5.06%) Degree
2 2 (2.53%) PMP
3 1 (1.27%) ISEB
3 1 (1.27%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 17 (21.52%) GDPR
2 16 (20.25%) MiFID
3 12 (15.19%) EMIR
4 7 (8.86%) Dodd-Frank
5 4 (5.06%) Data Quality
6 3 (3.80%) GAAP
7 2 (2.53%) AIFMD
7 2 (2.53%) Basel II
7 2 (2.53%) QA
7 2 (2.53%) Sarbanes-Oxley
8 1 (1.27%) FATCA
8 1 (1.27%) IFRS
8 1 (1.27%) IFRS 9
8 1 (1.27%) PMO
System Software
1 1 (1.27%) Docker
1 1 (1.27%) Hyper-V
1 1 (1.27%) VMware Infrastructure
Systems Management
1 1 (1.27%) Oracle RMAN
Vendors
1 9 (11.39%) Microsoft
2 3 (3.80%) Bloomberg
3 2 (2.53%) Guidewire
3 2 (2.53%) Tagetik
4 1 (1.27%) IBM
4 1 (1.27%) Informatica
4 1 (1.27%) MuleSoft
4 1 (1.27%) Oracle
4 1 (1.27%) Red Hat
4 1 (1.27%) Reuters
4 1 (1.27%) SAP
4 1 (1.27%) Tableau
4 1 (1.27%) VMware