Period
to 20 August 2017

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 6 months to 20 August 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
6 months to
20 Aug 2017
Same period 2016 Same period 2015
Rank 202 237 231
Rank change year-on-year +35 -6 -38
Contract jobs citing Solvency II 2 5 6
As % of all contract IT jobs advertised in the North West 0.035% 0.067% 0.076%
As % of the Quality Assurance & Compliance category 0.37% 0.69% 0.59%
Number of daily rates quoted 2 5 6
North West median daily rate £513 £550 £660
Median daily rate % change year-on-year -6.82% -16.67% +65.00%
10th Percentile £469 £483 £469
90th Percentile £566 £660 £781
England median daily rate £550 £525 £500
% change year-on-year +4.76% +5.00% +5.26%
Number of hourly rates quoted 0 0 0
North West median hourly rate - - -
England 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 547 728 1018
As % of all contract IT job vacancies advertised in the North West 9.52% 9.72% 12.95%
Number of daily rates quoted 347 431 577
North West median daily rate £390 £400 £389
Median daily rate % change year-on-year -2.50% +2.96% +3.60%
10th Percentile £225 £250 £239
90th Percentile £575 £575 £630
England median daily rate £450 £420 £400
% change year-on-year +7.14% +5.00% -
Number of hourly rates quoted 20 26 53
North West median hourly rate £19.06 £34.00 £21.64
Median hourly rate % change year-on-year -43.94% +57.12% +23.66%
10th Percentile £8.77 £10.22 £13.60
90th Percentile £44.48 £84.38 £59.45
England median hourly rate £20.25 £22.50 £21.32
% change year-on-year -10.00% +5.52% +6.61%

Solvency II
Job Vacancy Trend in the North West

Job postings citing Solvency II as a percentage of all IT jobs advertised in the North West.

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

Solvency II
Contract Job Locations in the North West

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 North West region over the 6 months to 20 August 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
Manchester +10 1 £475 -26.92%
Solvency II
England

For the 6 months to 20 August 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 North West region with a requirement for Solvency II.

1 1 (50.00%) Finance
1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Data Protection
1 1 (50.00%) GDPR

Solvency II
Co-occurring IT Skills in the North West 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:

General
1 1 (50.00%) Finance
Job Titles
1 2 (100.00%) Analyst
2 1 (50.00%) Business Analyst
2 1 (50.00%) Data Analyst
2 1 (50.00%) GDPR Business Analyst
2 1 (50.00%) Insurance Business Analyst
Processes & Methodologies
1 1 (50.00%) Data Protection
1 1 (50.00%) Stakeholder Management
Quality Assurance & Compliance
1 1 (50.00%) GDPR