The following table provides summary statistics for contract job vacancies 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 26 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
UK
3 months to
26 Apr 2017
Same period 2016 Same period 2015
Rank 576 579 514
Rank change year-on-year +3 -65  
Contract jobs citing Solvency II 24 76 138
As % of all contract IT jobs advertised in the UK 0.052% 0.14% 0.25%
As % of the Quality Assurance & Compliance category 0.45% 1.23% 2.16%
Number of daily rates quoted 19 67 107
Median daily rate £538 £525 £500
Median daily rate % change year-on-year +2.38% +5.00%  
90% offered a daily rate of more than £431 £371 £400
10% offered a daily rate of more than £625 £720 £650
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 with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
UK
Contract job vacancies with a requirement for quality assurance and compliance skills 5346 6160 6402
As % of all contract IT job vacancies advertised in the UK 11.50% 11.03% 11.47%
Number of daily rates quoted 3485 3972 3888
Median daily rate £450 £420 £400
Median daily rate % change year-on-year +7.14% +5.00%  
90% offered a daily rate of more than £270 £250 £240
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 158 196 182
Median hourly rate £23.50 £25.50 £26.00
Median hourly rate % change year-on-year -7.84% -1.92%  
90% offered a hourly rate of more than £11.50 £12.50 £11.83
10% offered a hourly rate of more than £51.17 £53.15 £47.44
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

The job posting trend of jobs advertised 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 UK

Solvency II
Contractor Daily Rate Trend

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

Contractor daily rate trend for Solvency II in the UK

Solvency II
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Solvency II over the 3 months to 26 April 2017.

Contractor daily rate histogram for Solvency II in the UK

Solvency II
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Solvency II.

Contractor hourly rate trend for Solvency II in the UK

Solvency II
Top 14 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 within the UK over the 3 months to 26 April 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 +3 24 £538 +2.38% 3
London -25 16 £544 +6.09% 1
South East +26 7 £433 -42.33% 2
City of London -25 4 £563 +7.14%
East Sussex - 3 £529 - 1
Brighton - 2 £433 - 1
Staines - 1 £425 -
Berkshire - 1 £575 -
Kent - 1 £375 -
West Sussex - 1 - -
Surrey - 1 £425 -
Birmingham - 1 - -
West Midlands - 1 - -
West End of London - 1 £513 -

For the 6 months to 26 April 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 with a requirement for Solvency II.

1 51 (60.71%) Finance
2 22 (26.19%) Data Warehouse
3 17 (20.24%) Business Analysis
4 16 (19.05%) Business Intelligence
5 15 (17.86%) Data Modelling
6 14 (16.67%) Data Quality
6 14 (16.67%) Stakeholder Management
7 11 (13.10%) SQL
7 11 (13.10%) Project Management
8 10 (11.90%) PRINCE2
8 10 (11.90%) Agile Software Development
8 10 (11.90%) SQL Server Reporting Services
8 10 (11.90%) Data Analysis
8 10 (11.90%) MiFID
9 9 (10.71%) Banking
9 9 (10.71%) GAP Analysis
10 8 (9.52%) Asset Management
10 8 (9.52%) SQL Server Integration Services
10 8 (9.52%) SQL Server
10 8 (9.52%) SQL Server Analysis Services
10 8 (9.52%) Investment Management
10 8 (9.52%) Analytical Skills
11 7 (8.33%) ETL
11 7 (8.33%) UML
11 7 (8.33%) Data Management
12 6 (7.14%) Retail
12 6 (7.14%) T-SQL
12 6 (7.14%) User Acceptance Testing
12 6 (7.14%) Data Extraction
13 5 (5.95%) EMIR

Solvency II
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:

Application Platforms
1 4 (4.76%) SharePoint
2 3 (3.57%) BizTalk Server
2 3 (3.57%) Oracle SOA Suite
3 2 (2.38%) Confluence
3 2 (2.38%) SAS
Applications
1 4 (4.76%) MS Visio
2 2 (2.38%) Microsoft Excel
Business Applications
1 2 (2.38%) Dynamics AX
1 2 (2.38%) Dynamics CRM
1 2 (2.38%) Markit EDM
2 1 (1.19%) Dynamics GP
Cloud Services
1 2 (2.38%) SaaS
Communications & Networking
1 1 (1.19%) IMAP
Database & Business Intelligence
1 22 (26.19%) Data Warehouse
2 10 (11.90%) SQL Server Reporting Services
3 8 (9.52%) SQL Server
3 8 (9.52%) SQL Server Analysis Services
3 8 (9.52%) SQL Server Integration Services
4 4 (4.76%) Big Data
5 3 (3.57%) Hadoop
6 2 (2.38%) SAS EBI
Development Applications
1 4 (4.76%) JIRA
2 2 (2.38%) Subversion
2 2 (2.38%) Visual Studio
3 1 (1.19%) ERwin
3 1 (1.19%) XMLSpy
General
1 51 (60.71%) Finance
2 9 (10.71%) Banking
3 6 (7.14%) Retail
4 2 (2.38%) Front Office
4 2 (2.38%) Investment Banking
4 2 (2.38%) Private Banking
5 1 (1.19%) Advertising
5 1 (1.19%) General Ledger
5 1 (1.19%) Retail Banking
Job Titles
1 52 (61.90%) Analyst
2 36 (42.86%) Business Analyst
3 16 (19.05%) Project Manager
4 15 (17.86%) Solvency II Business Analyst
5 12 (14.29%) Data Analyst
6 8 (9.52%) Insurance Business Analyst
7 7 (8.33%) Business Intelligence Analyst
7 7 (8.33%) Data Quality Analyst
7 7 (8.33%) Quality Analyst
8 6 (7.14%) Excel Analyst
8 6 (7.14%) Report Analyst
8 6 (7.14%) Solvency II Project Manager
9 5 (5.95%) Architect
9 5 (5.95%) Data Business Analyst
9 5 (5.95%) MiFID Business Analyst
10 4 (4.76%) Business Intelligence Business Analyst
10 4 (4.76%) Finance Business Analyst
10 4 (4.76%) Financial Analyst
10 4 (4.76%) Regulatory Business Analyst
10 4 (4.76%) Systems Analyst
Libraries, Frameworks & Software Standards
1 3 (3.57%) Middleware
1 3 (3.57%) SAP PI
2 2 (2.38%) .NET
2 2 (2.38%) ASP.NET
2 2 (2.38%) Flash
3 1 (1.19%) FIX Protocol
3 1 (1.19%) FpML
3 1 (1.19%) MDX
3 1 (1.19%) XML
Miscellaneous
1 8 (9.52%) Analytical Skills
2 5 (5.95%) Management Information System
3 4 (4.76%) Data Structures
3 4 (4.76%) Foreign Exchange (FX)
3 4 (4.76%) Reinsurance
4 3 (3.57%) Digital Media
4 3 (3.57%) Enterprise Software
4 3 (3.57%) SCADA
4 3 (3.57%) Social Media
5 2 (2.38%) Algorithms
5 2 (2.38%) Data Protection Act
5 2 (2.38%) Derivative
5 2 (2.38%) Equities
5 2 (2.38%) Fixed Income
5 2 (2.38%) Market Risk
5 2 (2.38%) Reference Data
6 1 (1.19%) Fintech
Operating Systems
1 2 (2.38%) Unix
Processes & Methodologies
1 17 (20.24%) Business Analysis
2 16 (19.05%) Business Intelligence
3 15 (17.86%) Data Modelling
4 14 (16.67%) Stakeholder Management
5 11 (13.10%) Project Management
6 10 (11.90%) Agile Software Development
6 10 (11.90%) Data Analysis
6 10 (11.90%) PRINCE2
7 9 (10.71%) GAP Analysis
8 8 (9.52%) Asset Management
8 8 (9.52%) Investment Management
9 7 (8.33%) Data Management
9 7 (8.33%) ETL
9 7 (8.33%) UML
10 6 (7.14%) Data Extraction
10 6 (7.14%) User Acceptance Testing
11 5 (5.95%) CRM
11 5 (5.95%) Data Architecture
11 5 (5.95%) Data Governance
11 5 (5.95%) Data Protection
Programming Languages
1 11 (13.10%) SQL
2 6 (7.14%) T-SQL
3 2 (2.38%) C#
3 2 (2.38%) C++
3 2 (2.38%) PL/SQL
3 2 (2.38%) Python
3 2 (2.38%) Shell Script
3 2 (2.38%) VB.NET
3 2 (2.38%) VBA
Qualifications
1 5 (5.95%) Degree
2 3 (3.57%) PMI Certification
2 3 (3.57%) PMP
3 2 (2.38%) IIBA
3 2 (2.38%) ISEB
3 2 (2.38%) PRINCE2 Certification
3 2 (2.38%) PRINCE2 Practitioner
4 1 (1.19%) ITIL Certification
Quality Assurance & Compliance
1 14 (16.67%) Data Quality
2 10 (11.90%) MiFID
3 5 (5.95%) EMIR
3 5 (5.95%) Sarbanes-Oxley
4 3 (3.57%) GDPR
4 3 (3.57%) IFRS
5 2 (2.38%) AIFMD
5 2 (2.38%) Dodd-Frank
5 2 (2.38%) QA
6 1 (1.19%) Basel II
6 1 (1.19%) FATCA
6 1 (1.19%) IFRS 9
6 1 (1.19%) ISO20022
6 1 (1.19%) PMO
Vendors
1 5 (5.95%) Sybase
2 4 (4.76%) Microsoft
2 4 (4.76%) SAP
3 3 (3.57%) Cloudera
3 3 (3.57%) Guidewire
3 3 (3.57%) MuleSoft
3 3 (3.57%) Oracle
3 3 (3.57%) Pega
4 2 (2.38%) Algorithmics
4 2 (2.38%) Bloomberg
4 2 (2.38%) Cognos
4 2 (2.38%) Informatica
4 2 (2.38%) Perforce
5 1 (1.19%) Epicor
5 1 (1.19%) Microgen
5 1 (1.19%) Murex
5 1 (1.19%) PeopleSoft
5 1 (1.19%) Sage
5 1 (1.19%) Tableau
London
Eames Consulting
Rate: £400 - £450 per day
Posted: 5 days ago