Period
to 22 November 2017

The median contractor rate for a Solvency II Business Analyst was £550 per day in advertised job vacancies during the 6 months to 22 November 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
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 880 874 868
Rank change year-on-year -6 -6 -24
Contract jobs requiring a Solvency II Business Analyst 4 25 36
As % of all contract IT jobs advertised in the UK 0.004% 0.024% 0.032%
As % of the Job Titles category 0.004% 0.025% 0.034%
Number of daily rates quoted 4 22 29
UK median daily rate £550 £531 £525
Median daily rate % change year-on-year +3.53% +1.19% +16.67%
10th Percentile £490 £428 £413
90th Percentile £610 £575 £650
UK excluding London median daily rate - £525 £425
% change year-on-year - +23.46% -5.50%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 97824 99914 107019
% of contract IT jobs with a recognized job title 94.81% 94.76% 94.91%
Number of daily rates quoted 64542 65150 68083
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £392 £375
% change year-on-year +2.04% +4.53% +3.45%
Number of hourly rates quoted 2932 3310 4089
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.88% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.77
% change year-on-year - -1.52% +9.96%

Solvency II Business Analyst
Job Vacancy Trend

Job postings that featured Solvency II Business Analyst in the job title as a percentage of all IT jobs advertised.

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 2 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 6 months to 22 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
England -6 4 £550 +3.53%
London -48 4 £550 +1.15%

Solvency II Business Analyst Skill Set
Top 12 Co-occurring IT Skills

For the 6 months to 22 November 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 4 (100.00%) Solvency II
2 3 (75.00%) SQL
2 3 (75.00%) Finance
3 2 (50.00%) Business Analysis
4 1 (25.00%) SDLC
4 1 (25.00%) Derivative
4 1 (25.00%) Data Quality
4 1 (25.00%) Markit EDM
4 1 (25.00%) Equities
4 1 (25.00%) VBA
4 1 (25.00%) Microsoft Excel
4 1 (25.00%) GAP Analysis

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:

Applications
1 1 (25.00%) Microsoft Excel
Business Applications
1 1 (25.00%) Markit EDM
General
1 3 (75.00%) Finance
Miscellaneous
1 1 (25.00%) Derivative
1 1 (25.00%) Equities
Processes & Methodologies
1 2 (50.00%) Business Analysis
2 1 (25.00%) GAP Analysis
2 1 (25.00%) SDLC
Programming Languages
1 3 (75.00%) SQL
2 1 (25.00%) VBA
Quality Assurance & Compliance
1 4 (100.00%) Solvency II
2 1 (25.00%) Data Quality