The median contractor rate for a Solvency II Business Analyst was £575 per day in advertised job vacancies during the 3 months to 28 March 2017.

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.

Business Analyst - Solvency II
UK
3 months to
28 Mar 2017
Same period 2016 Same period 2015
Rank 602 622 617
Rank change year-on-year +20 -5  
Contract jobs requiring a Solvency II Business Analyst 6 17 25
As % of all contract IT jobs advertised in the UK 0.013% 0.032% 0.046%
As % of the Job Titles category 0.014% 0.033% 0.049%
Number of daily rates quoted 5 16 10
Median daily rate £575 £550 £500
Median daily rate % change year-on-year +4.54% +10.00%  
90% offered a daily rate of more than £535 £450 £425
10% offered a daily rate of more than £590 £600 £633
UK excluding London median daily rate £575 £525 £425
% change year-on-year +9.52% +23.52%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 42733 51025 51236
As % of all contract IT job vacancies advertised in the UK 94.78% 95.23% 94.83%
Number of daily rates quoted 27760 33065 30937
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £560
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1481 1587 2052
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £19.63 £17.00
% change year-on-year -10.82% +15.44%  

Solvency II Business Analyst
Job Vacancy Trend

The job posting trend of jobs advertised that featured Solvency II Business Analyst in the job title.

Job vacancy trend for Solvency II Business Analyst in the UK

Solvency II Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Solvency II Business Analyst in the UK

Solvency II Business Analyst
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Solvency II Business Analyst within the UK over the 3 months to 28 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +20 6 £575 +4.54%
London +12 4 £563 +2.27%
South East +14 2 £575 +9.52%
City of London -14 1 £525 -8.69%
Berkshire - 1 £575 -
West Sussex - 1 - -

Solvency II Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 28 March 2017, Solvency II Business Analyst 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 featuring Solvency II Business Analyst in the job title.

1 15 (100.00%) Solvency II
2 8 (53.33%) Finance
3 5 (33.33%) GAP Analysis
4 3 (20.00%) Banking
4 3 (20.00%) PRINCE2
4 3 (20.00%) Data Modelling
4 3 (20.00%) PRINCE
4 3 (20.00%) Process Improvement
4 3 (20.00%) Data Analysis
4 3 (20.00%) Investment Banking
4 3 (20.00%) Investment Management
4 3 (20.00%) Business Process Modelling
5 2 (13.33%) EMIR
5 2 (13.33%) Business Process Analysis
5 2 (13.33%) Target Operating Model
5 2 (13.33%) Fund Management
5 2 (13.33%) User Acceptance Testing
5 2 (13.33%) Data Mapping
5 2 (13.33%) Validation
5 2 (13.33%) Business Analysis
5 2 (13.33%) MiFID
6 1 (6.67%) QA
6 1 (6.67%) Asset Management
6 1 (6.67%) Bloomberg
6 1 (6.67%) ISEB
6 1 (6.67%) Advertising
6 1 (6.67%) Fund Accounting
6 1 (6.67%) Markit EDM
6 1 (6.67%) Integration Testing
6 1 (6.67%) Test Scripting

Solvency II Business Analyst Skill Set
Co-occurring IT Skills 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:

Business Applications
1 1 (6.67%) Markit EDM
General
1 8 (53.33%) Finance
2 3 (20.00%) Banking
2 3 (20.00%) Investment Banking
3 1 (6.67%) Advertising
Miscellaneous
1 1 (6.67%) Reference Data
Processes & Methodologies
1 5 (33.33%) GAP Analysis
2 3 (20.00%) Business Process Modelling
2 3 (20.00%) Data Analysis
2 3 (20.00%) Data Modelling
2 3 (20.00%) Investment Management
2 3 (20.00%) PRINCE
2 3 (20.00%) PRINCE2
2 3 (20.00%) Process Improvement
3 2 (13.33%) Business Analysis
3 2 (13.33%) Business Process Analysis
3 2 (13.33%) Data Mapping
3 2 (13.33%) Fund Management
3 2 (13.33%) Target Operating Model
3 2 (13.33%) User Acceptance Testing
3 2 (13.33%) Validation
4 1 (6.67%) Asset Management
4 1 (6.67%) Data Cleansing
4 1 (6.67%) Integration Testing
4 1 (6.67%) Performance Management
4 1 (6.67%) Test Scripting
Qualifications
1 1 (6.67%) ISEB
Quality Assurance & Compliance
1 15 (100.00%) Solvency II
2 2 (13.33%) EMIR
2 2 (13.33%) MiFID
3 1 (6.67%) QA
Vendors
1 1 (6.67%) Bloomberg