The following table provides summary statistics for contract job vacancies advertised in the West Midlands 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 March 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.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Solvency II
England / West Midlands
Rank 116 - 121
Rank change year-on-year - 0  
Contract jobs citing Solvency II 2 0 2
As % of all contract IT jobs advertised in the West Midlands 0.088% - 0.078%
As % of the Quality Assurance & Compliance category 0.74% - 0.66%
Number of daily rates quoted 1 0 2
Median daily rate £625 - £588
UK excluding London median daily rate £625 £700 £500
% change year-on-year -10.71% +40.00%  
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 West Midlands with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
West Midlands
Contract job vacancies with a requirement for quality assurance and compliance skills 271 292 304
As % of all contract IT job vacancies advertised in the West Midlands 11.98% 10.84% 11.93%
Number of daily rates quoted 165 187 178
Median daily rate £413 £385 £350
Median daily rate % change year-on-year +7.14% +10.00%  
90% offered a daily rate of more than £237 £250 £190
10% offered a daily rate of more than £500 £530 £500
UK excluding London median daily rate £400 £400 £380
% change year-on-year - +5.26%  
Number of hourly rates quoted 13 3 26
Median hourly rate £13.50 £17.00 £18.00
Median hourly rate % change year-on-year -20.58% -5.55%  
90% offered a hourly rate of more than £9.10 £11.10 £11.45
10% offered a hourly rate of more than £25.00 £17.03 £35.00
UK excluding London median hourly rate £19.90 £41.00 £29.00
% change year-on-year -51.46% +41.37%  

Solvency II
Job Vacancy Trend in the West Midlands

The job posting trend of jobs advertised in the West Midlands 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 West Midlands

Solvency II
Contractor Daily Rate Trend in the West Midlands

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

Contractor daily rate trend for Solvency II in the West Midlands

Solvency II
Contract Job Locations in the West Midlands

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 West Midlands region over the 3 months to 26 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
Birmingham - 1 - -
Solihull - 1 £625 -
Solvency II
England

Solvency II
Top 5 Related IT Skills in the West Midlands

For the 6 months to 26 March 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 West Midlands region with a requirement for Solvency II.

1 2 (100.00%) Project Management
1 2 (100.00%) Finance
1 2 (100.00%) Stakeholder Management
2 1 (50.00%) Programme Management
2 1 (50.00%) Migration

Solvency II
Top Related IT Skills in the West Midlands 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 2 (100.00%) Finance
Job Titles
1 2 (100.00%) Project Manager
2 1 (50.00%) Finance Manager
2 1 (50.00%) Finance Project Manager
2 1 (50.00%) Programme Manager
Processes & Methodologies
1 2 (100.00%) Project Management
1 2 (100.00%) Stakeholder Management
2 1 (50.00%) Migration
2 1 (50.00%) Programme Management