The following table provides summary statistics for contract job vacancies advertised in the North West 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 3 months to 27 April 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 / North West
3 months to
27 Apr 2017
Same period 2016 Same period 2015
Rank - - 159
Contract jobs citing Solvency II 0 0 2
As % of all contract IT jobs advertised in the North West - - 0.051%
As % of the Quality Assurance & Compliance category - - 0.40%
Number of daily rates quoted 0 0 2
Median daily rate - - £738
UK excluding London median daily rate £433 £605 £500
% change year-on-year -28.51% +21.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Solvency II is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the North West with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
North West
Contract job vacancies with a requirement for quality assurance and compliance skills 221 385 502
As % of all contract IT job vacancies advertised in the North West 7.96% 9.55% 12.92%
Number of daily rates quoted 152 235 237
Median daily rate £365 £400 £350
Median daily rate % change year-on-year -8.75% +14.28%  
90% offered a daily rate of more than £250 £246 £217
10% offered a daily rate of more than £500 £550 £510
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 8 13 24
Median hourly rate £20.20 £80.00 £41.17
Median hourly rate % change year-on-year -74.75% +94.33%  
90% offered a hourly rate of more than £12.60 £13.00 £15.00
10% offered a hourly rate of more than £47.97 £85.59 £60.00
UK excluding London median hourly rate £25.00 £33.00 £29.00
% change year-on-year -24.24% +13.79%  

Solvency II
Job Vacancy Trend in the North West

The job posting trend of jobs advertised in the North West citing Solvency II as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for Solvency II in the North West

Solvency II
Contractor Daily Rate Trend in the North West

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

Contractor daily rate trend for Solvency II in the North West