Period
to 18 October 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 18 October 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
18 Oct 2018
Same period 2017 Same period 2016
Rank 796 765 706
Rank change year-on-year -31 -59 -50
Contract jobs citing Solvency II 53 83 179
As % of all contract IT jobs advertised in England 0.056% 0.091% 0.18%
As % of the Quality Assurance & Compliance category 0.52% 0.74% 1.60%
Number of daily rates quoted 44 72 149
England median daily rate £550 £550 £500
Median daily rate % change year-on-year - +10.00% -4.76%
10th Percentile £413 £426 £380
90th Percentile £743 £722 £665
UK median daily rate £525 £550 £506
% change year-on-year -4.55% +8.64% -3.57%
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 10,151 11,219 11,185
As % of all contract IT jobs advertised in England 10.77% 12.28% 11.34%
Number of daily rates quoted 6,512 7,430 7,319
England median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% +3.03%
10th Percentile £250 £263 £225
90th Percentile £625 £638 £600
UK median daily rate £450 £438 £413
% change year-on-year +2.86% +6.06% +3.13%
Number of hourly rates quoted 356 319 407
England median hourly rate £22.10 £20.00 £22.50
Median hourly rate % change year-on-year +10.49% -11.11% +4.41%
10th Percentile £11.25 £10.57 £10.56
90th Percentile £50.05 £47.62 £47.50
UK median hourly rate £21.76 £20.00 £22.50
% change year-on-year +8.80% -11.11% +4.41%

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 18 October 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 18 October 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 -39 50 £550 - 23
South East -12 1 £550 +27.17%
Yorkshire -18 1 £388 -
North of England -32 1 £388 -24.39% 1
South West - 1 £498 - 3
Solvency II
UK

For the 6 months to 18 October 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 35 (66.04%) Finance
2 12 (22.64%) SQL
3 11 (20.75%) IFRS
4 10 (18.87%) Data Warehouse
4 10 (18.87%) Business Intelligence
5 7 (13.21%) Data Modelling
5 7 (13.21%) GDPR
5 7 (13.21%) Analytics
6 6 (11.32%) Agile Software Development
7 5 (9.43%) Asset Management
7 5 (9.43%) GAP Analysis
7 5 (9.43%) Microsoft Excel
7 5 (9.43%) C#
7 5 (9.43%) SQL Server
7 5 (9.43%) VBA
7 5 (9.43%) Analytical Skills
7 5 (9.43%) Reinsurance
8 4 (7.55%) Target Operating Model
8 4 (7.55%) JavaScript
8 4 (7.55%) ETL
8 4 (7.55%) Data Analysis
8 4 (7.55%) PowerShell
8 4 (7.55%) Tableau
9 3 (5.66%) Data Integration
9 3 (5.66%) Microsoft Azure
9 3 (5.66%) Data Protection
9 3 (5.66%) Business Analysis
9 3 (5.66%) MiFID
9 3 (5.66%) Project Management
9 3 (5.66%) Management Information System

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 (1.89%) SAS
Applications
1 5 (9.43%) Microsoft Excel
2 2 (3.77%) Acrobat
2 2 (3.77%) Photoshop
Business Applications
1 2 (3.77%) HFM
2 1 (1.89%) Cognos TM1
2 1 (1.89%) MoSes
Cloud Services
1 3 (5.66%) Microsoft Azure
2 1 (1.89%) Office 365
Communications & Networking
1 1 (1.89%) IMAP
1 1 (1.89%) Unified Communications
Database & Business Intelligence
1 10 (18.87%) Data Warehouse
2 5 (9.43%) SQL Server
3 3 (5.66%) Relational Database
4 2 (3.77%) Data Lake
4 2 (3.77%) Essbase
4 2 (3.77%) MOLAP
4 2 (3.77%) OLAP
4 2 (3.77%) Power BI
4 2 (3.77%) SQL Server Integration Services
5 1 (1.89%) ActiveReports
5 1 (1.89%) BusinessObjects
5 1 (1.89%) Cognos Framework Manager
5 1 (1.89%) Cognos Report Studio
5 1 (1.89%) Star Schema
Development Applications
1 2 (3.77%) Team Foundation Server
1 2 (3.77%) Visual Studio Team System
2 1 (1.89%) SQL Server Management Studio (SSMS)
General
1 35 (66.04%) Finance
2 3 (5.66%) Legal
3 2 (3.77%) Back Office
4 1 (1.89%) Financial Institution
Job Titles
1 15 (28.30%) Analyst
2 11 (20.75%) Project Manager
3 10 (18.87%) Business Analyst
4 9 (16.98%) Developer
5 8 (15.09%) Architect
6 6 (11.32%) IT Manager
7 5 (9.43%) IT Project Manager
8 4 (7.55%) Business Intelligence Analyst
8 4 (7.55%) Data Architect
8 4 (7.55%) SQL Developer
9 3 (5.66%) Business Intelligence Business Analyst
9 3 (5.66%) Data Analyst
9 3 (5.66%) Data Warehouse Architect
9 3 (5.66%) Programme Manager
9 3 (5.66%) Reinsurance Project Manager
9 3 (5.66%) Solvency II Project Manager
10 2 (3.77%) C# WPF Developer
10 2 (3.77%) Integration Developer
10 2 (3.77%) Regulatory Business Analyst
10 2 (3.77%) SQL Analyst
Libraries, Frameworks & Software Standards
1 2 (3.77%) .NET
1 2 (3.77%) ASP.NET
1 2 (3.77%) WPF
2 1 (1.89%) XBRL
Miscellaneous
1 5 (9.43%) Analytical Skills
1 5 (9.43%) Reinsurance
2 3 (5.66%) Management Information System
3 2 (3.77%) Derivative
4 1 (1.89%) ASIC
4 1 (1.89%) Equities
4 1 (1.89%) Fixed Income
4 1 (1.89%) Grid Computing
4 1 (1.89%) Private Cloud
4 1 (1.89%) Public Cloud
Operating Systems
1 1 (1.89%) Windows
Processes & Methodologies
1 10 (18.87%) Business Intelligence
2 7 (13.21%) Analytics
2 7 (13.21%) Data Modelling
3 6 (11.32%) Agile Software Development
4 5 (9.43%) Asset Management
4 5 (9.43%) GAP Analysis
5 4 (7.55%) Data Analysis
5 4 (7.55%) ETL
5 4 (7.55%) Target Operating Model
6 3 (5.66%) Business Analysis
6 3 (5.66%) Change Management
6 3 (5.66%) Data Integration
6 3 (5.66%) Data Protection
6 3 (5.66%) Migration
6 3 (5.66%) Project Management
7 2 (3.77%) Data Extraction
7 2 (3.77%) Data Migration
7 2 (3.77%) Programme Management
7 2 (3.77%) Scrum
7 2 (3.77%) Stakeholder Management
Programming Languages
1 12 (22.64%) SQL
2 5 (9.43%) C#
2 5 (9.43%) VBA
3 4 (7.55%) JavaScript
3 4 (7.55%) PowerShell
4 3 (5.66%) T-SQL
4 3 (5.66%) VBScript
5 2 (3.77%) C
5 2 (3.77%) Jython
5 2 (3.77%) Python
Qualifications
1 1 (1.89%) ACCA
1 1 (1.89%) Degree
1 1 (1.89%) PMP
Quality Assurance & Compliance
1 11 (20.75%) IFRS
2 7 (13.21%) GDPR
3 3 (5.66%) FATCA
3 3 (5.66%) MiFID
4 2 (3.77%) AIFMD
4 2 (3.77%) Data Quality
4 2 (3.77%) EMIR
4 2 (3.77%) GAAP
5 1 (1.89%) Dodd-Frank
5 1 (1.89%) Sarbanes-Oxley
5 1 (1.89%) SEPA
System Software
1 1 (1.89%) Hyper-V
1 1 (1.89%) VMware Infrastructure
Systems Management
1 1 (1.89%) Cisco CUCM
1 1 (1.89%) SCCM
1 1 (1.89%) SCOM
1 1 (1.89%) SCOrch
Vendors
1 4 (7.55%) Tableau
2 3 (5.66%) Cognos
3 2 (3.77%) Adobe
3 2 (3.77%) Anaplan
3 2 (3.77%) Microsoft
4 1 (1.89%) IBM
4 1 (1.89%) Remedy
4 1 (1.89%) SAP
4 1 (1.89%) VMware