Period
to 20 February 2020

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 20 February 2020 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
20 Feb 2020
Same period 2019 Same period 2018
Rank 658 810 806
Rank change year-on-year +152 -4 -99
Contract jobs citing Solvency II 36 36 64
As % of all contract IT jobs advertised in England 0.058% 0.040% 0.069%
As % of the Quality Assurance & Compliance category 0.57% 0.37% 0.54%
Number of daily rates quoted 28 24 49
England median daily rate £488 £550 £550
Median daily rate % change year-on-year -11.36% - +4.76%
10th Percentile £463 £420 £463
90th Percentile £641 £710 £733
UK median daily rate £475 £550 £550
% change year-on-year -13.64% - +6.02%
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 6,261 9,814 11,956
As % of all contract IT jobs advertised in England 10.06% 10.80% 12.82%
Number of daily rates quoted 3,877 6,207 7,852
England median daily rate £450 £450 £450
10th Percentile £247 £258 £263
90th Percentile £638 £638 £638
UK median daily rate £450 £450 £445
% change year-on-year - +1.12% +4.71%
Number of hourly rates quoted 273 333 322
England median hourly rate £24.37 £21.00 £21.00
Median hourly rate % change year-on-year +16.05% - -2.33%
10th Percentile £12.87 £11.03 £11.62
90th Percentile £53.60 £48.75 £57.50
UK median hourly rate £24.37 £20.87 £21.50
% change year-on-year +16.76% -2.92% -

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 20 February 2020.

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 20 February 2020. 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 +119 35 £500 -9.09% 9
Solvency II
UK

For the 6 months to 20 February 2020, 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 29 (80.56%) Finance
2 25 (69.44%) Agile Software Development
3 23 (63.89%) IFRS
4 19 (52.78%) Business Intelligence
4 19 (52.78%) SQL
5 17 (47.22%) Data Modelling
5 17 (47.22%) Data Analysis
6 16 (44.44%) Microsoft Excel
6 16 (44.44%) GDPR
7 15 (41.67%) SQL Server
8 14 (38.89%) Crystal Reports
8 14 (38.89%) XML
8 14 (38.89%) Data Mining
8 14 (38.89%) Validation
8 14 (38.89%) QlikView
8 14 (38.89%) Workshop Facilitation
8 14 (38.89%) Data Cleansing
8 14 (38.89%) Data Validation
8 14 (38.89%) Waterfall
8 14 (38.89%) Data Governance
8 14 (38.89%) Business Analytics
8 14 (38.89%) Analytics
8 14 (38.89%) Relational Database
8 14 (38.89%) Data Enrichment
9 9 (25.00%) Asset Management
10 8 (22.22%) Stakeholder Management
11 6 (16.67%) Scrum
11 6 (16.67%) ETL
11 6 (16.67%) Investment Management
12 4 (11.11%) Data Warehouse

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 (2.78%) SAS
Applications
1 16 (44.44%) Microsoft Excel
2 1 (2.78%) Microsoft PowerPoint
2 1 (2.78%) Microsoft Project
Cloud Services
1 1 (2.78%) AWS
1 1 (2.78%) Azure
Database & Business Intelligence
1 15 (41.67%) SQL Server
2 14 (38.89%) Crystal Reports
2 14 (38.89%) Data Mining
2 14 (38.89%) QlikView
2 14 (38.89%) Relational Database
3 4 (11.11%) Data Warehouse
4 3 (8.33%) SQL Server Integration Services
5 1 (2.78%) Data Lake
5 1 (2.78%) SQL Server Reporting Services
Development Applications
1 1 (2.78%) Team Foundation Server
General
1 29 (80.56%) Finance
2 2 (5.56%) Back Office
2 2 (5.56%) General Ledger
3 1 (2.78%) Dutch Language
3 1 (2.78%) Legal
Job Titles
1 26 (72.22%) Analyst
2 13 (36.11%) Data Analyst
3 8 (22.22%) Business Analyst
4 4 (11.11%) Investment Management Business Analyst
5 3 (8.33%) Data Business Analyst
5 3 (8.33%) Developer
5 3 (8.33%) Insurance Business Analyst
5 3 (8.33%) SQL Developer
5 3 (8.33%) Technical Analyst
6 2 (5.56%) Accountant
6 2 (5.56%) Business Intelligence Analyst
6 2 (5.56%) Data Warehouse Analyst
6 2 (5.56%) Data Warehouse Developer
6 2 (5.56%) ETL Analyst
6 2 (5.56%) Financial Analyst
6 2 (5.56%) Reinsurance Data Analyst
6 2 (5.56%) Report Developer
6 2 (5.56%) Risk Manager
6 2 (5.56%) SQL Analyst
6 2 (5.56%) Test Manager
Libraries, Frameworks & Software Standards
1 14 (38.89%) XML
Miscellaneous
1 4 (11.11%) Reinsurance
2 2 (5.56%) Analytical Skills
2 2 (5.56%) Foreign Exchange (FX)
Processes & Methodologies
1 25 (69.44%) Agile Software Development
2 19 (52.78%) Business Intelligence
3 17 (47.22%) Data Analysis
3 17 (47.22%) Data Modelling
4 14 (38.89%) Analytics
4 14 (38.89%) Business Analytics
4 14 (38.89%) Data Cleansing
4 14 (38.89%) Data Enrichment
4 14 (38.89%) Data Governance
4 14 (38.89%) Data Validation
4 14 (38.89%) Validation
4 14 (38.89%) Waterfall
4 14 (38.89%) Workshop Facilitation
5 9 (25.00%) Asset Management
6 8 (22.22%) Stakeholder Management
7 6 (16.67%) ETL
7 6 (16.67%) Investment Management
7 6 (16.67%) Scrum
8 3 (8.33%) Change Management
8 3 (8.33%) Information Management
Programming Languages
1 19 (52.78%) SQL
2 3 (8.33%) Python
3 2 (5.56%) VBA
4 1 (2.78%) Bash Shell
4 1 (2.78%) Java
4 1 (2.78%) PowerShell
4 1 (2.78%) T-SQL
Quality Assurance & Compliance
1 23 (63.89%) IFRS
2 16 (44.44%) GDPR
3 2 (5.56%) Basel III
3 2 (5.56%) QA
3 2 (5.56%) Sarbanes-Oxley
4 1 (2.78%) IFRS 9
Vendors
1 1 (2.78%) DocuSign
1 1 (2.78%) Microsoft