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 3 months to 28 June 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
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 547 522 497
Rank change year-on-year -25 -25  
Contract jobs citing Solvency II 36 98 125
As % of all contract IT jobs advertised in England 0.083% 0.20% 0.25%
As % of the Quality Assurance & Compliance category 0.72% 1.75% 2.20%
Number of daily rates quoted 30 79 95
Median daily rate £525 £538 £488
Median daily rate % change year-on-year -2.32% +10.25%  
90% offered a daily rate of more than £413 £424 £400
10% offered a daily rate of more than £725 £678 £700
UK excluding London median daily rate £433 £456 £465
% change year-on-year -5.20% -1.88%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Solvency II is in the quality assurance and compliance skills category. The next 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 and compliance skills.

Contract Quality Assurance & Compliance Skills
England
Contract job vacancies with a requirement for quality assurance and compliance skills 5010 5600 5693
As % of all contract IT job vacancies advertised in England 11.59% 11.32% 11.34%
Number of daily rates quoted 3957 4354 4498
Median daily rate £450 £425 £408
Median daily rate % change year-on-year +5.88% +4.29%  
90% offered a daily rate of more than £263 £250 £250
10% offered a daily rate of more than £638 £613 £613
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 215 250 207
Median hourly rate £25.12 £28.00 £21.55
Median hourly rate % change year-on-year -10.28% +29.93%  
90% offered a hourly rate of more than £11.91 £12.19 £11.25
10% offered a hourly rate of more than £47.50 £48.75 £52.78
UK excluding London median hourly rate £25.00 £28.00 £21.55
% change year-on-year -10.71% +29.93%  

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 3 months to 28 June 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 3 months to 28 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -38 29 £550 +1.85% 4
South East +17 4 £433 -3.88%
North of England +61 2 £475 -
North West +23 1 £475 -
Midlands +18 1 - -
Yorkshire - 1 - -
West Midlands - 1 - -
Solvency II
UK

For the 6 months to 28 June 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 42 (57.53%) Finance
2 18 (24.66%) Project Management
2 18 (24.66%) Data Warehouse
3 16 (21.92%) SQL
4 13 (17.81%) Stakeholder Management
4 13 (17.81%) Business Analysis
5 12 (16.44%) MiFID
6 11 (15.07%) Data Analysis
6 11 (15.07%) Agile Software Development
7 10 (13.70%) Banking
7 10 (13.70%) Asset Management
7 10 (13.70%) Business Intelligence
8 9 (12.33%) GAP Analysis
8 9 (12.33%) Investment Management
9 8 (10.96%) Analytical Skills
9 8 (10.96%) ETL
9 8 (10.96%) SQL Server
9 8 (10.96%) Microsoft Excel
10 7 (9.59%) PRINCE2
10 7 (9.59%) SAP
10 7 (9.59%) Data Quality
10 7 (9.59%) Data Protection
10 7 (9.59%) GDPR
11 6 (8.22%) SQL Server Analysis Services
11 6 (8.22%) SQL Server Integration Services
11 6 (8.22%) Analytics
11 6 (8.22%) EMIR
11 6 (8.22%) Reinsurance
11 6 (8.22%) SQL Server Reporting Services
11 6 (8.22%) Retail

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 3 (4.11%) BizTalk Server
1 3 (4.11%) Oracle SOA Suite
2 2 (2.74%) Confluence
2 2 (2.74%) SharePoint
3 1 (1.37%) Mule
3 1 (1.37%) Oracle 10gAS
3 1 (1.37%) Oracle Application Server
3 1 (1.37%) SAS
Applications
1 8 (10.96%) Microsoft Excel
2 2 (2.74%) MS Visio
3 1 (1.37%) Microsoft Office
3 1 (1.37%) Microsoft PowerPoint
Business Applications
1 3 (4.11%) Markit EDM
2 1 (1.37%) SAP BPC
Cloud Services
1 2 (2.74%) SaaS
Database & Business Intelligence
1 18 (24.66%) Data Warehouse
2 8 (10.96%) SQL Server
3 6 (8.22%) SQL Server Analysis Services
3 6 (8.22%) SQL Server Integration Services
3 6 (8.22%) SQL Server Reporting Services
4 2 (2.74%) Big Data
4 2 (2.74%) BusinessObjects
4 2 (2.74%) MS Access
4 2 (2.74%) OLAP
5 1 (1.37%) Essbase
5 1 (1.37%) Hadoop
5 1 (1.37%) Oracle Database
5 1 (1.37%) Oracle Database 10g
5 1 (1.37%) Oracle OLAP
5 1 (1.37%) Oracle9i Database
5 1 (1.37%) Power BI
5 1 (1.37%) RDBMS
5 1 (1.37%) Relational Database
5 1 (1.37%) SAS EBI
Development Applications
1 4 (5.48%) JIRA
2 2 (2.74%) Subversion
2 2 (2.74%) Visual Studio
3 1 (1.37%) ERwin
3 1 (1.37%) XMLSpy
General
1 42 (57.53%) Finance
2 10 (13.70%) Banking
3 6 (8.22%) Retail
4 3 (4.11%) Front Office
4 3 (4.11%) Private Banking
5 2 (2.74%) Investment Banking
6 1 (1.37%) General Ledger
6 1 (1.37%) Legal
6 1 (1.37%) Retail Banking
Job Titles
1 35 (47.95%) Analyst
2 26 (35.62%) Business Analyst
3 20 (27.40%) Project Manager
4 11 (15.07%) Solvency II Business Analyst
5 9 (12.33%) Architect
6 8 (10.96%) Data Analyst
6 8 (10.96%) Insurance Business Analyst
7 7 (9.59%) Solutions Architect
8 6 (8.22%) Data Business Analyst
8 6 (8.22%) MiFID Business Analyst
9 5 (6.85%) Investment Management Business Analyst
9 5 (6.85%) Regulatory Business Analyst
10 4 (5.48%) Solvency II Project Manager
11 3 (4.11%) Data Warehouse Manager
11 3 (4.11%) Data Warehouse Project Manager
11 3 (4.11%) Finance Business Analyst
11 3 (4.11%) Front Office Business Analyst
11 3 (4.11%) Reinsurance Project Manager
11 3 (4.11%) Senior Architect
11 3 (4.11%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 3 (4.11%) .NET
1 3 (4.11%) ASP.NET
1 3 (4.11%) Middleware
1 3 (4.11%) SAP PI
2 2 (2.74%) Flash
3 1 (1.37%) .NET Framework
3 1 (1.37%) CSS
3 1 (1.37%) DHTML
3 1 (1.37%) FIX Protocol
3 1 (1.37%) FpML
3 1 (1.37%) HTML
3 1 (1.37%) MDX
3 1 (1.37%) WinForms
3 1 (1.37%) XBRL
3 1 (1.37%) XHTML
3 1 (1.37%) XML
Miscellaneous
1 8 (10.96%) Analytical Skills
2 6 (8.22%) Reinsurance
3 4 (5.48%) Data Structures
3 4 (5.48%) Foreign Exchange (FX)
3 4 (5.48%) Management Information System
4 3 (4.11%) Derivative
4 3 (4.11%) Digital Media
4 3 (4.11%) Enterprise Software
4 3 (4.11%) Fintech
4 3 (4.11%) SCADA
4 3 (4.11%) Social Media
5 2 (2.74%) Algorithms
5 2 (2.74%) Data Protection Act
5 2 (2.74%) Equities
5 2 (2.74%) Market Risk
5 2 (2.74%) Reference Data
6 1 (1.37%) Credit Risk
6 1 (1.37%) Fixed Income
Operating Systems
1 3 (4.11%) Unix
2 1 (1.37%) HPUX
2 1 (1.37%) Linux
2 1 (1.37%) Red Hat Enterprise Linux
2 1 (1.37%) Windows
2 1 (1.37%) Windows Server
2 1 (1.37%) Windows Server 2003
2 1 (1.37%) Windows Server 2008
Processes & Methodologies
1 18 (24.66%) Project Management
2 13 (17.81%) Business Analysis
2 13 (17.81%) Stakeholder Management
3 11 (15.07%) Agile Software Development
3 11 (15.07%) Data Analysis
4 10 (13.70%) Asset Management
4 10 (13.70%) Business Intelligence
5 9 (12.33%) GAP Analysis
5 9 (12.33%) Investment Management
6 8 (10.96%) ETL
7 7 (9.59%) Data Protection
7 7 (9.59%) PRINCE2
8 6 (8.22%) Analytics
8 6 (8.22%) Data Modelling
9 5 (6.85%) Risk Management
9 5 (6.85%) Stakeholder Engagement
10 4 (5.48%) Data Management
10 4 (5.48%) Test Scripting
10 4 (5.48%) Use Case
10 4 (5.48%) Waterfall
Programming Languages
1 16 (21.92%) SQL
2 5 (6.85%) T-SQL
3 4 (5.48%) C
4 3 (4.11%) PL/SQL
4 3 (4.11%) VBA
5 2 (2.74%) C++
5 2 (2.74%) Python
5 2 (2.74%) Shell Script
5 2 (2.74%) VB.NET
6 1 (1.37%) C#
Qualifications
1 3 (4.11%) Degree
1 3 (4.11%) PMI Certification
1 3 (4.11%) PMP
1 3 (4.11%) PRINCE2 Practitioner
2 2 (2.74%) PRINCE2 Certification
3 1 (1.37%) ISEB
Quality Assurance & Compliance
1 12 (16.44%) MiFID
2 7 (9.59%) Data Quality
2 7 (9.59%) GDPR
3 6 (8.22%) EMIR
4 5 (6.85%) GAAP
4 5 (6.85%) PMO
5 4 (5.48%) Dodd-Frank
6 3 (4.11%) AIFMD
6 3 (4.11%) IFRS
7 2 (2.74%) QA
8 1 (1.37%) FATCA
8 1 (1.37%) IFRS 9
8 1 (1.37%) ISO 20022
8 1 (1.37%) Sarbanes-Oxley
8 1 (1.37%) UCITS
System Software
1 1 (1.37%) Docker
1 1 (1.37%) Hyper-V
1 1 (1.37%) VMware Infrastructure
Systems Management
1 1 (1.37%) Oracle RMAN
Vendors
1 7 (9.59%) SAP
2 6 (8.22%) Microsoft
3 4 (5.48%) MuleSoft
3 4 (5.48%) Oracle
4 3 (4.11%) Guidewire
4 3 (4.11%) Pega
4 3 (4.11%) Tagetik
5 2 (2.74%) Algorithmics
5 2 (2.74%) Bloomberg
5 2 (2.74%) Informatica
5 2 (2.74%) Perforce
5 2 (2.74%) Remedy
6 1 (1.37%) Cognos
6 1 (1.37%) Epicor
6 1 (1.37%) Hyperion
6 1 (1.37%) Murex
6 1 (1.37%) PeopleSoft
6 1 (1.37%) Red Hat
6 1 (1.37%) Sage
6 1 (1.37%) VMware
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