Period
to 13 December 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 13 December 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
13 Dec 2018
Same period 2017 Same period 2016
Rank 829 783 723
Rank change year-on-year -46 -60 -38
Contract jobs citing Solvency II 43 79 147
As % of all contract IT jobs advertised in England 0.045% 0.083% 0.15%
As % of the Quality Assurance & Compliance category 0.42% 0.66% 1.35%
Number of daily rates quoted 32 63 123
England median daily rate £550 £550 £498
Median daily rate % change year-on-year - +10.55% -5.24%
10th Percentile £428 £463 £363
90th Percentile £793 £749 £660
UK median daily rate £550 £550 £498
% change year-on-year - +10.55% -5.24%
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 10,234 11,981 10,899
As % of all contract IT jobs advertised in England 10.61% 12.61% 11.42%
Number of daily rates quoted 6,540 7,910 7,143
England median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% +3.03%
10th Percentile £256 £263 £228
90th Percentile £625 £638 £600
UK median daily rate £450 £438 £425
% change year-on-year +2.86% +2.94% +4.94%
Number of hourly rates quoted 355 322 386
England median hourly rate £20.08 £20.60 £22.50
Median hourly rate % change year-on-year -2.55% -8.44% +2.27%
10th Percentile £10.89 £10.60 £10.75
90th Percentile £48.75 £50.00 £46.88
UK median hourly rate £20.00 £20.50 £22.67
% change year-on-year -2.44% -9.56% +0.74%

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 13 December 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 13 December 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 -16 38 £550 - 10
South West - 2 £524 -
East of England +4 1 £400 -20.00%
North of England -12 1 £388 -29.55%
Yorkshire - 1 £388 -
South East - 1 £550 -
Solvency II
UK

For the 6 months to 13 December 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 28 (65.12%) Finance
2 13 (30.23%) IFRS
3 9 (20.93%) Data Modelling
3 9 (20.93%) Data Warehouse
4 7 (16.28%) Analytical Skills
4 7 (16.28%) GDPR
5 6 (13.95%) Agile Software Development
5 6 (13.95%) SQL
6 5 (11.63%) Asset Management
6 5 (11.63%) Business Intelligence
6 5 (11.63%) Microsoft Azure
7 4 (9.30%) Project Management
7 4 (9.30%) SQL Server
7 4 (9.30%) Change Management
7 4 (9.30%) Problem-Solving
8 3 (6.98%) Target Operating Model
8 3 (6.98%) Management Information System
8 3 (6.98%) Back Office
8 3 (6.98%) Information Security
8 3 (6.98%) Programme Management
8 3 (6.98%) Microsoft Excel
8 3 (6.98%) C#
8 3 (6.98%) ERP
8 3 (6.98%) JavaScript
8 3 (6.98%) FATCA
8 3 (6.98%) Business Analysis
8 3 (6.98%) MiFID
8 3 (6.98%) Investment Management
9 2 (4.65%) Continuous Integration
9 2 (4.65%) SCCM

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 (2.33%) Cloud Foundry
1 1 (2.33%) SAS
Applications
1 3 (6.98%) Microsoft Excel
Business Applications
1 1 (2.33%) Cognos TM1
1 1 (2.33%) MoSes
Cloud Services
1 5 (11.63%) Microsoft Azure
2 2 (4.65%) GitHub
2 2 (4.65%) Office 365
3 1 (2.33%) Amazon AWS
3 1 (2.33%) Amazon EC2
3 1 (2.33%) AWS Fargate
Communications & Networking
1 2 (4.65%) Unified Communications
2 1 (2.33%) IMAP
Database & Business Intelligence
1 9 (20.93%) Data Warehouse
2 4 (9.30%) SQL Server
3 2 (4.65%) Data Lake
3 2 (4.65%) SQL Server Integration Services
4 1 (2.33%) ActiveReports
4 1 (2.33%) Amazon RDS
4 1 (2.33%) BusinessObjects
4 1 (2.33%) Cognos Framework Manager
4 1 (2.33%) Cognos Report Studio
4 1 (2.33%) SQL Server 2012
Development Applications
1 2 (4.65%) Visual Studio Team System
2 1 (2.33%) Atlassian Bamboo
2 1 (2.33%) Git (software)
2 1 (2.33%) Team Foundation Server
2 1 (2.33%) Toad
General
1 28 (65.12%) Finance
2 3 (6.98%) Back Office
3 1 (2.33%) Banking
3 1 (2.33%) Financial Institution
3 1 (2.33%) Investment Banking
3 1 (2.33%) Legal
Job Titles
1 13 (30.23%) Project Manager
2 11 (25.58%) Analyst
3 9 (20.93%) Architect
4 7 (16.28%) Business Analyst
4 7 (16.28%) Data Architect
5 6 (13.95%) Data Warehouse Architect
5 6 (13.95%) Developer
6 5 (11.63%) IT Manager
6 5 (11.63%) IT Project Manager
7 3 (6.98%) Solvency II Project Manager
8 2 (4.65%) Business Intelligence Analyst
8 2 (4.65%) Data Analyst
8 2 (4.65%) Grid Specialist
8 2 (4.65%) Project Analyst
8 2 (4.65%) Regulatory Business Analyst
8 2 (4.65%) Report Analyst
8 2 (4.65%) Report Manager
8 2 (4.65%) SQL Analyst
8 2 (4.65%) Technical Specialist
9 1 (2.33%) Reinsurance Project Manager
Libraries, Frameworks & Software Standards
1 1 (2.33%) AngularJS
1 1 (2.33%) JSON
1 1 (2.33%) REST
Miscellaneous
1 7 (16.28%) Analytical Skills
2 3 (6.98%) Management Information System
3 2 (4.65%) Derivative
3 2 (4.65%) Public Cloud
3 2 (4.65%) Reinsurance
4 1 (2.33%) ASIC
4 1 (2.33%) Equities
4 1 (2.33%) Fixed Income
4 1 (2.33%) Grid Computing
4 1 (2.33%) Reference Data
Processes & Methodologies
1 9 (20.93%) Data Modelling
2 6 (13.95%) Agile Software Development
3 5 (11.63%) Asset Management
3 5 (11.63%) Business Intelligence
4 4 (9.30%) Change Management
4 4 (9.30%) Problem-Solving
4 4 (9.30%) Project Management
5 3 (6.98%) Business Analysis
5 3 (6.98%) ERP
5 3 (6.98%) Information Security
5 3 (6.98%) Investment Management
5 3 (6.98%) Programme Management
5 3 (6.98%) Target Operating Model
6 2 (4.65%) Analytics
6 2 (4.65%) Continuous Integration
6 2 (4.65%) Data Analysis
6 2 (4.65%) Data Migration
6 2 (4.65%) Performance Analysis
6 2 (4.65%) Performance Tuning
6 2 (4.65%) Process Improvement
Programming Languages
1 6 (13.95%) SQL
2 3 (6.98%) C#
2 3 (6.98%) JavaScript
3 2 (4.65%) PowerShell
3 2 (4.65%) VBA
4 1 (2.33%) Java
Qualifications
1 1 (2.33%) PMP
Quality Assurance & Compliance
1 13 (30.23%) IFRS
2 7 (16.28%) GDPR
3 3 (6.98%) FATCA
3 3 (6.98%) MiFID
4 2 (4.65%) AIFMD
4 2 (4.65%) Data Quality
4 2 (4.65%) EMIR
5 1 (2.33%) Dodd-Frank
5 1 (2.33%) SEPA
System Software
1 2 (4.65%) Hyper-V
2 1 (2.33%) Docker
Systems Management
1 2 (4.65%) Cisco CUCM
1 2 (4.65%) SCCM
1 2 (4.65%) SCOM
1 2 (4.65%) SCOrch
2 1 (2.33%) Kubernetes
Vendors
1 2 (4.65%) Microsoft
1 2 (4.65%) NetApp
1 2 (4.65%) Tableau
2 1 (2.33%) Cognos
2 1 (2.33%) IBM