Period
to 17 February 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 17 February 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
17 Feb 2018
Same period 2017 Same period 2016
Rank 772 696 665
Rank change year-on-year -76 -31 -65
Contract jobs citing Solvency II 64 123 184
As % of all contract IT jobs advertised in England 0.069% 0.14% 0.19%
As % of the Quality Assurance & Compliance category 0.54% 1.18% 1.57%
Number of daily rates quoted 49 106 173
England median daily rate £550 £518 £525
Median daily rate % change year-on-year +6.28% -1.43% +5.00%
10th Percentile £463 £369 £336
90th Percentile £733 £700 £700
UK median daily rate £550 £510 £525
% change year-on-year +7.84% -2.86% +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 11,938 10,380 11,749
As % of all contract IT jobs advertised in England 12.93% 11.67% 11.85%
Number of daily rates quoted 7,854 6,829 7,482
England median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £235 £238
90th Percentile £638 £625 £600
UK median daily rate £450 £425 £400
% change year-on-year +5.88% +6.25% -
Number of hourly rates quoted 322 369 421
England median hourly rate £21.11 £21.00 £25.00
Median hourly rate % change year-on-year +0.51% -16.00% +25.00%
10th Percentile £11.66 £10.98 £11.75
90th Percentile £57.50 £48.85 £52.50
UK median hourly rate £21.79 £21.50 £25.00
% change year-on-year +1.35% -14.00% +25.00%

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 17 February 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 17 February 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 -79 58 £550 +10.00% 5
Midlands +7 3 - - 1
West Midlands +7 3 - - 1
North of England +26 1 - - 1
East of England -23 1 £575 +91.67%
North West - 1 - -
Solvency II
UK

For the 6 months to 17 February 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 42 (65.63%) Finance
2 17 (26.56%) GDPR
3 16 (25.00%) Business Analysis
4 14 (21.88%) MiFID
5 13 (20.31%) SQL
6 12 (18.75%) Microsoft Excel
6 12 (18.75%) Risk Management
6 12 (18.75%) Analytics
7 10 (15.63%) EMIR
8 9 (14.06%) Project Management
8 9 (14.06%) Python
8 9 (14.06%) Business Intelligence
8 9 (14.06%) VBA
8 9 (14.06%) Stakeholder Management
9 8 (12.50%) Fixed Income
9 8 (12.50%) Agile Software Development
9 8 (12.50%) SQL Server Integration Services
9 8 (12.50%) Microsoft
9 8 (12.50%) SQL Server Analysis Services
9 8 (12.50%) Risk Analytics
10 7 (10.94%) Data Protection
10 7 (10.94%) Data Governance
10 7 (10.94%) Management Information System
10 7 (10.94%) Front Office
10 7 (10.94%) Data Analysis
10 7 (10.94%) Mathematics
11 6 (9.38%) Banking
11 6 (9.38%) Change Management
11 6 (9.38%) SQL Server
11 6 (9.38%) Process Improvement

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 2 (3.13%) SharePoint
Applications
1 12 (18.75%) Microsoft Excel
2 4 (6.25%) Microsoft Project
3 3 (4.69%) Microsoft PowerPoint
3 3 (4.69%) MS Visio
4 1 (1.56%) Microsoft Office
Business Applications
1 3 (4.69%) Summit
2 1 (1.56%) Markit EDM
Communications & Networking
1 1 (1.56%) IMAP
Database & Business Intelligence
1 8 (12.50%) SQL Server Analysis Services
1 8 (12.50%) SQL Server Integration Services
2 6 (9.38%) SQL Server
3 4 (6.25%) Data Warehouse
3 4 (6.25%) SQL Server Reporting Services
4 1 (1.56%) Big Data
4 1 (1.56%) Hadoop
4 1 (1.56%) Relational Database
Development Applications
1 1 (1.56%) Atlassian Bamboo
1 1 (1.56%) Eclipse
1 1 (1.56%) ProC
1 1 (1.56%) PyCharm
General
1 42 (65.63%) Finance
2 7 (10.94%) Front Office
3 6 (9.38%) Banking
4 4 (6.25%) Legal
5 2 (3.13%) Investment Banking
5 2 (3.13%) Marketing
6 1 (1.56%) Law
6 1 (1.56%) Retail
Job Titles
1 28 (43.75%) Analyst
2 17 (26.56%) Business Analyst
3 14 (21.88%) Project Manager
4 13 (20.31%) Developer
5 8 (12.50%) GDPR Business Analyst
6 7 (10.94%) Business Intelligence Developer
6 7 (10.94%) Data Analyst
7 6 (9.38%) Solvency II Project Manager
8 5 (7.81%) Data Business Analyst
8 5 (7.81%) Senior Developer
8 5 (7.81%) SQL Developer
9 4 (6.25%) C++ Developer
9 4 (6.25%) C++ Quantitative Developer
9 4 (6.25%) Finance Manager
9 4 (6.25%) Quantitative Developer
9 4 (6.25%) Senior C++ Developer
9 4 (6.25%) Senior C++ Quantitative Developer
9 4 (6.25%) Senior Quantitative Developer
9 4 (6.25%) SQL BI Developer
10 3 (4.69%) Investment Management Business Analyst
Libraries, Frameworks & Software Standards
1 3 (4.69%) COM
2 2 (3.13%) MDX
3 1 (1.56%) Flask
3 1 (1.56%) jQuery
3 1 (1.56%) Web Services
3 1 (1.56%) XML
Miscellaneous
1 8 (12.50%) Fixed Income
2 7 (10.94%) Management Information System
3 6 (9.38%) Credit Risk
4 5 (7.81%) Derivative
4 5 (7.81%) Equities
4 5 (7.81%) Reinsurance
5 4 (6.25%) Analytical Skills
6 3 (4.69%) Computer Science
6 3 (4.69%) Hedge funds
6 3 (4.69%) Market Risk
7 2 (3.13%) Data Protection Act
8 1 (1.56%) IBM Mainframe
8 1 (1.56%) Mainframe
Operating Systems
1 3 (4.69%) Linux
2 2 (3.13%) Unix
Processes & Methodologies
1 16 (25.00%) Business Analysis
2 12 (18.75%) Analytics
2 12 (18.75%) Risk Management
3 9 (14.06%) Business Intelligence
3 9 (14.06%) Project Management
3 9 (14.06%) Stakeholder Management
4 8 (12.50%) Agile Software Development
4 8 (12.50%) Risk Analytics
5 7 (10.94%) Data Analysis
5 7 (10.94%) Data Governance
5 7 (10.94%) Data Protection
5 7 (10.94%) Mathematics
6 6 (9.38%) Change Management
6 6 (9.38%) Process Improvement
7 5 (7.81%) Asset Management
7 5 (7.81%) Investment Management
7 5 (7.81%) Validation
7 5 (7.81%) Waterfall
8 4 (6.25%) Programme Management
8 4 (6.25%) Statistics
Programming Languages
1 13 (20.31%) SQL
2 9 (14.06%) Python
2 9 (14.06%) VBA
3 5 (7.81%) C++
4 3 (4.69%) C#
4 3 (4.69%) Java
5 2 (3.13%) Shell Script
6 1 (1.56%) C
6 1 (1.56%) JavaScript
6 1 (1.56%) T-SQL
Qualifications
1 5 (7.81%) Degree
2 2 (3.13%) Computer Science Degree
2 2 (3.13%) PMP
Quality Assurance & Compliance
1 17 (26.56%) GDPR
2 14 (21.88%) MiFID
3 10 (15.63%) EMIR
4 6 (9.38%) Data Quality
4 6 (9.38%) IFRS
5 4 (6.25%) Basel III
5 4 (6.25%) Dodd-Frank
6 3 (4.69%) FATCA
7 2 (3.13%) Basel II
7 2 (3.13%) Sarbanes-Oxley
8 1 (1.56%) GAAP
8 1 (1.56%) IFRS 9
8 1 (1.56%) PMO
8 1 (1.56%) QA
Vendors
1 8 (12.50%) Microsoft
2 3 (4.69%) Calypso
2 3 (4.69%) Murex
2 3 (4.69%) Sophis
3 2 (3.13%) Algorithmics
3 2 (3.13%) Bloomberg
3 2 (3.13%) Guidewire
3 2 (3.13%) SAP
4 1 (1.56%) IBM
4 1 (1.56%) Tagetik