Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in London 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 24 November 2017 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
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 559 497 462
Rank change year-on-year -62 -35 +81
Contract jobs citing Solvency II 70 123 152
As % of all contract IT jobs advertised in London 0.15% 0.27% 0.32%
As % of the Quality Assurance & Compliance category 1.14% 2.41% 2.74%
Number of daily rates quoted 62 103 123
London median daily rate £550 £500 £501
Median daily rate % change year-on-year +10.00% -0.20% -2.24%
10th Percentile £463 £363 £329
90th Percentile £694 £663 £625
England median daily rate £550 £500 £525
% change year-on-year +10.00% -4.76% +5.00%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 6140 5103 5556
As % of all contract IT jobs advertised in London 13.04% 11.31% 11.84%
Number of daily rates quoted 4402 3585 3854
London median daily rate £480 £463 £450
Median daily rate % change year-on-year +3.78% +2.78% +5.88%
10th Percentile £300 £275 £260
90th Percentile £675 £647 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 71 67 66
London median hourly rate £20.00 £20.00 £21.60
Median hourly rate % change year-on-year - -7.39% +13.66%
10th Percentile £12.00 £12.21 £13.50
90th Percentile £57.50 £58.63 £70.63
England median hourly rate £20.00 £22.50 £22.00
% change year-on-year -11.11% +2.27% +12.82%

Solvency II
Job Vacancy Trend in London

Job postings citing Solvency II as a percentage of all IT jobs advertised in London.

Job vacancy trend for Solvency II in London

Solvency II
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Solvency II in London

Solvency II
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Solvency II in London over the 6 months to 24 November 2017.

Contractor daily rate histogram for Solvency II in London

Solvency II
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 within the London region over the 6 months to 24 November 2017. 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 -20 29 £550 +15.79% 2
Solvency II
England

For the 6 months to 24 November 2017, IT contractor jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Solvency II.

1 37 (52.86%) Finance
2 21 (30.00%) SQL
3 15 (21.43%) MiFID
3 15 (21.43%) GDPR
4 14 (20.00%) Business Intelligence
5 12 (17.14%) SQL Server Analysis Services
5 12 (17.14%) Asset Management
6 11 (15.71%) Business Analysis
6 11 (15.71%) SQL Server Integration Services
6 11 (15.71%) Stakeholder Management
6 11 (15.71%) Reinsurance
6 11 (15.71%) EMIR
7 10 (14.29%) Data Warehouse
7 10 (14.29%) SQL Server
8 9 (12.86%) Microsoft Excel
8 9 (12.86%) Investment Management
9 8 (11.43%) Data Protection
9 8 (11.43%) Agile Software Development
9 8 (11.43%) Data Analysis
9 8 (11.43%) Microsoft
9 8 (11.43%) Project Management
10 7 (10.00%) SQL Server Reporting Services
10 7 (10.00%) Dodd-Frank
11 6 (8.57%) Data Governance
11 6 (8.57%) C
11 6 (8.57%) Front Office
12 5 (7.14%) Python
12 5 (7.14%) SDLC
13 4 (5.71%) Internal Audit
13 4 (5.71%) Waterfall

Solvency II
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 (1.43%) Mule
1 1 (1.43%) SharePoint
Applications
1 9 (12.86%) Microsoft Excel
2 4 (5.71%) Microsoft PowerPoint
3 3 (4.29%) Microsoft Office
3 3 (4.29%) Microsoft Project
4 2 (2.86%) MS Visio
Business Applications
1 4 (5.71%) Markit EDM
Database & Business Intelligence
1 12 (17.14%) SQL Server Analysis Services
2 11 (15.71%) SQL Server Integration Services
3 10 (14.29%) Data Warehouse
3 10 (14.29%) SQL Server
4 7 (10.00%) SQL Server Reporting Services
5 3 (4.29%) Relational Database
6 1 (1.43%) Data Mining
6 1 (1.43%) Microsoft Analysis Services
6 1 (1.43%) Power BI
6 1 (1.43%) QlikView
6 1 (1.43%) RDBMS
Development Applications
1 3 (4.29%) Eclipse
2 2 (2.86%) Atlassian Bamboo
2 2 (2.86%) PyCharm
3 1 (1.43%) ProC
3 1 (1.43%) SQL Server Management Studio (SSMS)
3 1 (1.43%) Team Foundation Server
3 1 (1.43%) Visual Studio
General
1 37 (52.86%) Finance
2 6 (8.57%) Front Office
3 4 (5.71%) Legal
4 3 (4.29%) Banking
5 2 (2.86%) Marketing
5 2 (2.86%) Private Banking
6 1 (1.43%) Law
6 1 (1.43%) Publishing
Job Titles
1 32 (45.71%) Analyst
2 24 (34.29%) Business Analyst
3 13 (18.57%) Developer
3 13 (18.57%) Project Manager
4 9 (12.86%) Business Intelligence Developer
5 7 (10.00%) Data Business Analyst
5 7 (10.00%) GDPR Business Analyst
6 6 (8.57%) Data Analyst
6 6 (8.57%) Solvency II Project Manager
6 6 (8.57%) SQL Developer
7 5 (7.14%) Architect
7 5 (7.14%) Business Intelligence Analyst
7 5 (7.14%) Investment Management Business Analyst
7 5 (7.14%) Solutions Architect
8 4 (5.71%) Insurance Business Analyst
8 4 (5.71%) Solvency II Business Analyst
8 4 (5.71%) SQL BI Developer
9 3 (4.29%) Business IT Analyst
9 3 (4.29%) IT Business Analyst
9 3 (4.29%) Senior Analyst
Libraries, Frameworks & Software Standards
1 2 (2.86%) .NET
1 2 (2.86%) .NET Framework
1 2 (2.86%) Flask
1 2 (2.86%) jQuery
1 2 (2.86%) MDX
1 2 (2.86%) Web Services
2 1 (1.43%) ASP.NET
2 1 (1.43%) WinForms
Miscellaneous
1 11 (15.71%) Reinsurance
2 2 (2.86%) Analytical Skills
2 2 (2.86%) Computer Science
2 2 (2.86%) Data Protection Act
2 2 (2.86%) Reference Data
3 1 (1.43%) Derivative
3 1 (1.43%) Equities
Processes & Methodologies
1 14 (20.00%) Business Intelligence
2 12 (17.14%) Asset Management
3 11 (15.71%) Business Analysis
3 11 (15.71%) Stakeholder Management
4 9 (12.86%) Investment Management
5 8 (11.43%) Agile Software Development
5 8 (11.43%) Data Analysis
5 8 (11.43%) Data Protection
5 8 (11.43%) Project Management
6 6 (8.57%) Data Governance
7 5 (7.14%) SDLC
8 4 (5.71%) Analytics
8 4 (5.71%) Data Modelling
8 4 (5.71%) Internal Audit
8 4 (5.71%) Performance Management
8 4 (5.71%) Process Management
8 4 (5.71%) Waterfall
9 3 (4.29%) PRINCE2
9 3 (4.29%) Programme Management
9 3 (4.29%) Test Scripting
Programming Languages
1 21 (30.00%) SQL
2 6 (8.57%) C
3 5 (7.14%) Python
4 3 (4.29%) T-SQL
5 2 (2.86%) JavaScript
6 1 (1.43%) C#
6 1 (1.43%) VBA
Qualifications
1 4 (5.71%) Degree
2 2 (2.86%) PMP
3 1 (1.43%) ISEB
3 1 (1.43%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 15 (21.43%) GDPR
1 15 (21.43%) MiFID
2 11 (15.71%) EMIR
3 7 (10.00%) Dodd-Frank
4 4 (5.71%) Data Quality
5 3 (4.29%) GAAP
6 2 (2.86%) AIFMD
6 2 (2.86%) Basel II
6 2 (2.86%) QA
6 2 (2.86%) Sarbanes-Oxley
7 1 (1.43%) FATCA
7 1 (1.43%) PMO
System Software
1 1 (1.43%) Docker
Vendors
1 8 (11.43%) Microsoft
2 3 (4.29%) Bloomberg
3 2 (2.86%) Tagetik
4 1 (1.43%) Guidewire
4 1 (1.43%) MuleSoft
4 1 (1.43%) Reuters
4 1 (1.43%) SAP
4 1 (1.43%) Tableau