The median contractor rate for a Solvency II Business Analyst was £563 per day in advertised job vacancies in London during the 3 months to 28 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Business Analyst - Solvency II
England / London
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 398 410 390
Rank change year-on-year +12 -20  
Contract jobs requiring a Solvency II Business Analyst 4 16 22
As % of all contract IT jobs advertised in London 0.021% 0.072% 0.10%
As % of the Job Titles category 0.022% 0.075% 0.11%
Number of daily rates quoted 4 15 9
Median daily rate £563 £550 £500
Median daily rate % change year-on-year +2.27% +10.00%  
90% offered a daily rate of more than £533 £445 £465
10% offered a daily rate of more than £593 £600 £640
UK excluding London median daily rate £575 £525 £425
% change year-on-year +9.52% +23.52%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 18483 21200 20424
As % of all contract IT job vacancies advertised in London 94.80% 95.05% 94.90%
Number of daily rates quoted 13146 15201 14093
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £305 £300 £275
10% offered a daily rate of more than £643 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 235 281 378
Median hourly rate £22.00 £17.00 £19.00
Median hourly rate % change year-on-year +29.41% -10.52%  
90% offered a hourly rate of more than £13.70 £11.50 £12.50
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £19.63 £17.00
% change year-on-year -10.82% +15.44%  

Solvency II Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured Solvency II Business Analyst in the job title.

Job vacancy trend for Solvency II Business Analyst in London

Solvency II Business Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Solvency II Business Analyst in London.

Contractor daily rate trend for Solvency II Business Analyst in London

Solvency II Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II Business Analyst within the London region over the 3 months to 28 March 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
City of London -14 1 £525 -8.69%
Solvency II Business Analyst
England

Solvency II Business Analyst Skill Set
Top 26 Co-occurring IT Skills in London

For the 6 months to 28 March 2017, Solvency II Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Solvency II Business Analyst in the job title.

1 9 (100.00%) Solvency II
2 3 (33.33%) Finance
2 3 (33.33%) Data Analysis
3 2 (22.22%) Investment Banking
3 2 (22.22%) Data Mapping
3 2 (22.22%) Investment Management
3 2 (22.22%) Validation
3 2 (22.22%) Banking
3 2 (22.22%) Business Analysis
4 1 (11.11%) MiFID
4 1 (11.11%) QA
4 1 (11.11%) Fund Management
4 1 (11.11%) User Acceptance Testing
4 1 (11.11%) Test Scripting
4 1 (11.11%) Asset Management
4 1 (11.11%) GAP Analysis
4 1 (11.11%) ISEB
4 1 (11.11%) Bloomberg
4 1 (11.11%) Performance Management
4 1 (11.11%) Data Cleansing
4 1 (11.11%) Reference Data
4 1 (11.11%) Fund Accounting
4 1 (11.11%) Target Operating Model
4 1 (11.11%) Business Process Analysis
4 1 (11.11%) Markit EDM
4 1 (11.11%) EMIR

Solvency II Business Analyst Skill Set
Co-occurring IT Skills in London 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:

Business Applications
1 1 (11.11%) Markit EDM
General
1 3 (33.33%) Finance
2 2 (22.22%) Banking
2 2 (22.22%) Investment Banking
Miscellaneous
1 1 (11.11%) Reference Data
Processes & Methodologies
1 3 (33.33%) Data Analysis
2 2 (22.22%) Business Analysis
2 2 (22.22%) Data Mapping
2 2 (22.22%) Investment Management
2 2 (22.22%) Validation
3 1 (11.11%) Asset Management
3 1 (11.11%) Business Process Analysis
3 1 (11.11%) Data Cleansing
3 1 (11.11%) Fund Accounting
3 1 (11.11%) Fund Management
3 1 (11.11%) GAP Analysis
3 1 (11.11%) Performance Management
3 1 (11.11%) Target Operating Model
3 1 (11.11%) Test Scripting
3 1 (11.11%) User Acceptance Testing
Qualifications
1 1 (11.11%) ISEB
Quality Assurance & Compliance
1 9 (100.00%) Solvency II
2 1 (11.11%) EMIR
2 1 (11.11%) MiFID
2 1 (11.11%) QA
Vendors
1 1 (11.11%) Bloomberg