Solvency II Contracts with Work from Home Options

Solvency II
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and 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 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 342 467 609
Rank change year-on-year +125 +142 -140
Contract jobs citing Solvency II 2 8 13
As % of all contract jobs with a WFH option 0.013% 0.031% 0.029%
As % of the Quality Assurance & Compliance category 0.089% 0.25% 0.22%
Number of daily rates quoted 1 2 10
10th Percentile - £514 £473
25th Percentile £513 £516 £513
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.33% -2.27% +15.79%
75th Percentile £538 £566 £722
90th Percentile - £571 £763
UK median daily rate £600 £600 £725
% change year-on-year - -17.24% +17.17%

All Quality Assurance and Compliance Skills
Work from Home

Solvency II is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 2,244 3,148 5,882
As % of all contract jobs with a WFH option 14.69% 12.14% 13.20%
Number of daily rates quoted 1,523 2,300 4,174
10th Percentile £313 £325 £313
25th Percentile £420 £415 £400
Median daily rate (50th Percentile) £513 £515 £500
Median % change year-on-year -0.49% +3.00% +5.26%
75th Percentile £623 £625 £600
90th Percentile £750 £725 £695
UK median daily rate £510 £525 £513
% change year-on-year -2.86% +2.44% +7.89%
Number of hourly rates quoted 78 62 118
10th Percentile £12.75 £18.52 £11.75
25th Percentile £14.00 £25.25 £18.69
Median hourly rate £21.94 £41.50 £44.50
Median % change year-on-year -47.14% -6.74% +122.50%
75th Percentile £40.00 £62.81 £49.25
90th Percentile £65.00 £72.43 £66.45
UK median hourly rate £20.61 £37.50 £28.50
% change year-on-year -45.05% +31.58% +35.71%

Solvency II
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Solvency II as a proportion of all IT jobs advertised.

Solvency II trend for jobs with a WFH option

Solvency II
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Solvency II.

Solvency II daily rate for jobs with a WFH option

Solvency II
Co-occurring Skills and Capabilities with WFH Options by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 2 (100.00%) Data Warehouse
1 2 (100.00%) SQL Server
1 2 (100.00%) SQL Server Analysis Services
1 2 (100.00%) SQL Server Integration Services
General
1 2 (100.00%) Analytical Skills
1 2 (100.00%) Finance
1 2 (100.00%) Social Skills
Job Titles
1 2 (100.00%) Data Engineer
Processes & Methodologies
1 2 (100.00%) Business Intelligence
1 2 (100.00%) Conceptual Models
1 2 (100.00%) Data Engineering
1 2 (100.00%) Data Governance
1 2 (100.00%) Data Modelling
1 2 (100.00%) ETL
Programming Languages
1 2 (100.00%) SQL
Quality Assurance & Compliance
1 2 (100.00%) Data Quality
1 2 (100.00%) IFRS
1 2 (100.00%) IFRS 17