Period
to 23 January 2018

The median contractor rate for a Solvency II Project Manager was £525 per day in advertised job vacancies in London during the 6 months to 23 January 2018.

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.

Project Manager - Solvency II
England > London
6 months to
23 Jan 2018
Same period 2017 Same period 2016
Rank 623 589 581
Rank change year-on-year -34 -8 +24
Contract jobs requiring a Solvency II Project Manager 5 6 9
As % of all contract IT jobs advertised in London 0.011% 0.014% 0.021%
As % of the Job Titles category 0.011% 0.015% 0.022%
Number of daily rates quoted 4 6 9
London median daily rate £525 £625 £575
Median daily rate % change year-on-year -16.00% +8.70% -4.56%
10th Percentile £495 £488 £450
90th Percentile £644 £738 £655
England median daily rate £525 £625 £575
% change year-on-year -16.00% +8.70% -2.54%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
London
Contract vacancies in London with a recognized job title 44,182 39,483 41,678
% of contract IT jobs with a recognized job title 94.74% 95.00% 95.15%
Number of daily rates quoted 32,150 28,140 29,428
London median daily rate £500 £470 £450
Median daily rate % change year-on-year +6.44% +4.39% +5.88%
10th Percentile £300 £300 £275
90th Percentile £670 £644 £638
England median daily rate £450 £425 £415
% change year-on-year +5.88% +2.41% +3.75%
Number of hourly rates quoted 585 558 647
London median hourly rate £19.82 £20.50 £19.00
Median hourly rate % change year-on-year -3.32% +7.89% +8.57%
10th Percentile £12.00 £11.83 £11.22
90th Percentile £47.83 £51.25 £47.83
England median hourly rate £18.38 £18.42 £18.50
% change year-on-year -0.24% -0.43% +12.12%

Solvency II Project Manager
Job Vacancy Trend in London

Job postings that featured Solvency II Project Manager in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Solvency II Project Manager in London

Solvency II Project Manager
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Solvency II Project Manager in London

Solvency II Project Manager
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Solvency II Project Manager in London over the 6 months to 23 January 2018.

Contractor daily rate histogram for Solvency II Project Manager in London

Solvency II Project Manager
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 Project Manager within the London region over the 6 months to 23 January 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
Central London -18 2 £663 +20.45%
Solvency II Project Manager
England

Solvency II Project Manager Skill Set
Top 22 Co-occurring IT Skills in London

For the 6 months to 23 January 2018, Solvency II Project Manager 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 Project Manager in the job title.

1 5 (100.00%) Solvency II
2 4 (80.00%) Project Management
3 3 (60.00%) Finance
4 2 (40.00%) Legal
4 2 (40.00%) Stakeholder Management
4 2 (40.00%) Programme Management
4 2 (40.00%) Microsoft PowerPoint
4 2 (40.00%) PRINCE2
4 2 (40.00%) Microsoft Project
4 2 (40.00%) PMP
4 2 (40.00%) PRINCE
4 2 (40.00%) Front Office
4 2 (40.00%) GDPR
5 1 (20.00%) Risk Management
5 1 (20.00%) Microsoft Office
5 1 (20.00%) Microsoft Excel
5 1 (20.00%) SharePoint
5 1 (20.00%) Data Warehouse
5 1 (20.00%) MS Visio
5 1 (20.00%) Microsoft
5 1 (20.00%) Marketing
5 1 (20.00%) Degree

Solvency II Project Manager 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:

Application Platforms
1 1 (20.00%) SharePoint
Applications
1 2 (40.00%) Microsoft PowerPoint
1 2 (40.00%) Microsoft Project
2 1 (20.00%) Microsoft Excel
2 1 (20.00%) Microsoft Office
2 1 (20.00%) MS Visio
Database & Business Intelligence
1 1 (20.00%) Data Warehouse
General
1 3 (60.00%) Finance
2 2 (40.00%) Front Office
2 2 (40.00%) Legal
3 1 (20.00%) Marketing
Processes & Methodologies
1 4 (80.00%) Project Management
2 2 (40.00%) PRINCE
2 2 (40.00%) PRINCE2
2 2 (40.00%) Programme Management
2 2 (40.00%) Stakeholder Management
3 1 (20.00%) Risk Management
Qualifications
1 2 (40.00%) PMP
2 1 (20.00%) Degree
Quality Assurance & Compliance
1 5 (100.00%) Solvency II
2 2 (40.00%) GDPR
Vendors
1 1 (20.00%) Microsoft