Period
to 22 September 2020

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 22 September 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
England > London
6 months to
22 Sep 2020
Same period 2019 Same period 2018
Rank 351 524 598
Rank change year-on-year +173 +74 -43
Contract jobs citing Solvency II 11 37 50
As % of all contract jobs advertised in London 0.082% 0.097% 0.11%
As % of the Quality Assurance & Compliance category 0.83% 1.02% 1.03%
Number of daily rates quoted 6 34 44
Median daily rate £550 £525 £550
Median daily rate % change year-on-year +4.76% -4.55% -
10th Percentile £388 £425 £425
90th Percentile £575 £735 £743
England median daily rate £550 £525 £550
% change year-on-year +4.76% -4.55% -
Number of hourly rates quoted 0 0 0
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 1,324 3,620 4,869
As % of all contract IT jobs advertised in London 9.90% 9.46% 10.71%
Number of daily rates quoted 822 2,443 3,465
Median daily rate £500 £490 £475
Median daily rate % change year-on-year +2.04% +3.16% -2.56%
10th Percentile £300 £291 £300
90th Percentile £650 £669 £663
England median daily rate £470 £450 £450
% change year-on-year +4.44% - -
Number of hourly rates quoted 20 56 76
Median hourly rate £31.50 £17.75 £25.00
Median hourly rate % change year-on-year +77.44% -29.00% +19.33%
10th Percentile £15.99 £12.00 £12.75
90th Percentile £50.72 £36.88 £58.75
Median hourly rate £25.33 £21.42 £21.88
% change year-on-year +18.28% -2.13% +9.40%

Solvency II
Job Vacancy Trend in London

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

Job vacancy trend for Solvency II in London

Solvency II
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Solvency II in London.

Daily rate trend for Solvency II in London

Solvency II
Daily Rate Histogram in London

Daily rate distribution for jobs citing Solvency II in London over the 6 months to 22 September 2020.

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 22 September 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
Central London +132 5 - - 1
Solvency II
England

For the 6 months to 22 September 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 London region with a requirement for Solvency II.

1 7 (63.64%) T-SQL
1 7 (63.64%) .NET
1 7 (63.64%) SQL Server
1 7 (63.64%) Photoshop
1 7 (63.64%) ASP.NET
1 7 (63.64%) Adobe
1 7 (63.64%) Acrobat
1 7 (63.64%) C#
1 7 (63.64%) JavaScript
1 7 (63.64%) PowerShell
1 7 (63.64%) WPF
1 7 (63.64%) Unit Testing
2 6 (54.55%) SQL Server Integration Services
2 6 (54.55%) SQL
3 5 (45.45%) Finance
3 5 (45.45%) Data Protection
4 4 (36.36%) Team Foundation Server
5 3 (27.27%) Azure
5 3 (27.27%) DevOps
6 2 (18.18%) SDLC
6 2 (18.18%) R
6 2 (18.18%) Portfolio Management
6 2 (18.18%) Machine Learning
6 2 (18.18%) Kimball Methodology
6 2 (18.18%) Agile Software Development
6 2 (18.18%) Information Management
6 2 (18.18%) Change Management
6 2 (18.18%) GAAP
6 2 (18.18%) Microsoft Excel
6 2 (18.18%) Data Warehouse

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:

Applications
1 7 (63.64%) Acrobat
1 7 (63.64%) Photoshop
2 2 (18.18%) Microsoft Excel
Cloud Services
1 3 (27.27%) Azure
Database & Business Intelligence
1 7 (63.64%) SQL Server
2 6 (54.55%) SQL Server Integration Services
3 2 (18.18%) Data Warehouse
Development Applications
1 4 (36.36%) Team Foundation Server
General
1 5 (45.45%) Finance
Job Titles
1 7 (63.64%) Developer
1 7 (63.64%) SQL Developer
2 4 (36.36%) .NET Developer
2 4 (36.36%) Analyst
2 4 (36.36%) ASP.NET Developer
2 4 (36.36%) SQL Server Developer
2 4 (36.36%) SSIS Developer
3 2 (18.18%) Business Analyst
3 2 (18.18%) Data Warehouse Analyst
3 2 (18.18%) ETL Analyst
3 2 (18.18%) SQL Analyst
3 2 (18.18%) SSIS Analyst
3 2 (18.18%) Technical Analyst
Libraries, Frameworks & Software Standards
1 7 (63.64%) .NET
1 7 (63.64%) ASP.NET
1 7 (63.64%) WPF
Processes & Methodologies
1 7 (63.64%) Unit Testing
2 5 (45.45%) Data Protection
3 3 (27.27%) DevOps
4 2 (18.18%) Agile Software Development
4 2 (18.18%) Business Case
4 2 (18.18%) Business Intelligence
4 2 (18.18%) Change Management
4 2 (18.18%) Data Development
4 2 (18.18%) ETL
4 2 (18.18%) Information Management
4 2 (18.18%) Kimball Methodology
4 2 (18.18%) Machine Learning
4 2 (18.18%) Portfolio Management
4 2 (18.18%) Requirements Gathering
4 2 (18.18%) SDLC
Programming Languages
1 7 (63.64%) C#
1 7 (63.64%) JavaScript
1 7 (63.64%) PowerShell
1 7 (63.64%) T-SQL
2 6 (54.55%) SQL
3 2 (18.18%) R
Quality Assurance & Compliance
1 2 (18.18%) GAAP
1 2 (18.18%) IFRS
Vendors
1 7 (63.64%) Adobe
2 2 (18.18%) SAP