IFRS 17
UK

The following table provides summary statistics for contract job vacancies with a requirement for IFRS 17 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS 17 over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
4 May 2024
Same period 2023 Same period 2022
Rank 579 696 755
Rank change year-on-year +117 +59 -112
Contract jobs citing IFRS 17 12 22 99
As % of all contract jobs advertised in the UK 0.028% 0.037% 0.11%
As % of the Quality Assurance & Compliance category 0.19% 0.28% 0.84%
Number of daily rates quoted 8 14 87
10th Percentile £513 £504 £488
25th Percentile £561 £634 £556
Median daily rate (50th Percentile) £600 £700 £625
Median % change year-on-year -14.29% +12.00% +8.70%
75th Percentile £644 £775 £738
90th Percentile £779 - £850
UK excluding London median daily rate - £625 £700
% change year-on-year - -10.71% +33.33%

All Quality Assurance and Compliance Skills
UK

IFRS 17 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 requirement for quality assurance or compliance skills.

Contract vacancies with a requirement for quality assurance or compliance skills 6,171 7,924 11,796
As % of all contract IT jobs advertised in the UK 14.30% 13.40% 13.29%
Number of daily rates quoted 3,916 5,449 8,078
10th Percentile £297 £280 £299
25th Percentile £403 £411 £404
Median daily rate (50th Percentile) £510 £525 £515
Median % change year-on-year -2.86% +1.94% +8.42%
75th Percentile £625 £638 £623
90th Percentile £750 £738 £713
UK excluding London median daily rate £488 £479 £450
% change year-on-year +1.77% +6.44% +5.88%
Number of hourly rates quoted 384 235 300
10th Percentile £10.95 £13.29 £12.02
25th Percentile £13.18 £18.60 £16.50
Median hourly rate £20.80 £35.00 £27.50
Median % change year-on-year -40.56% +27.27% +30.95%
75th Percentile £45.00 £60.00 £49.25
90th Percentile £67.50 £77.50 £67.04
UK excluding London median hourly rate £18.00 £33.39 £21.05
% change year-on-year -46.08% +58.60% +0.12%

IFRS 17
Job Vacancy Trend

Job postings citing IFRS 17 as a proportion of all IT jobs advertised.

Job vacancy trend for IFRS 17 in the UK

IFRS 17
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing IFRS 17.

Daily rate trend for IFRS 17 in the UK

IFRS 17
Daily Rate Histogram

Daily rate distribution for jobs citing IFRS 17 over the 6 months to 4 May 2024.

Daily rate histogram for IFRS 17 in the UK

IFRS 17
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 IFRS 17 within the UK over the 6 months to 4 May 2024. 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
Jobs
England +100 12 £600 -14.29% 15
London +92 10 £600 -14.29% 14
Work from Home +129 4 £525 +2.44% 4
UK excluding London +64 1 - - 1
Midlands +28 1 - -
West Midlands +24 1 - -

IFRS 17
Co-occurring Skills and Capabilities 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:

Application Platforms
1 1 (8.33%) WebSphere
Business Applications
1 1 (8.33%) Oracle FAH
1 1 (8.33%) Oracle General Ledger
Cloud Services
1 3 (25.00%) Azure
1 3 (25.00%) Azure DevOps
1 3 (25.00%) Snowflake
2 1 (8.33%) Amazon CloudWatch
2 1 (8.33%) Amazon EC2
2 1 (8.33%) Amazon S3
2 1 (8.33%) AWS
2 1 (8.33%) GCP
2 1 (8.33%) OCI
2 1 (8.33%) SaaS
2 1 (8.33%) Virtual Private Cloud
Database & Business Intelligence
1 6 (50.00%) Data Warehouse
2 3 (25.00%) SQL Server
2 3 (25.00%) SQL Server Analysis Services
2 3 (25.00%) SQL Server Integration Services
3 2 (16.67%) Oracle Database
4 1 (8.33%) Amazon RDS
4 1 (8.33%) RDBMS
4 1 (8.33%) Relational Database
Development Applications
1 3 (25.00%) Eclipse
General
1 12 (100.00%) Finance
2 5 (41.67%) Social Skills
3 4 (33.33%) Analytical Skills
4 1 (8.33%) Banking
4 1 (8.33%) Investment Banking
4 1 (8.33%) Manufacturing
4 1 (8.33%) Public Sector
4 1 (8.33%) Retail
Job Titles
1 4 (33.33%) Finance Manager
2 3 (25.00%) Data Engineer
2 3 (25.00%) Data Modeller
2 3 (25.00%) Finance Project Manager
2 3 (25.00%) Project Manager
3 1 (8.33%) Administrator
3 1 (8.33%) Business Manager
3 1 (8.33%) Database Developer
3 1 (8.33%) DBA
3 1 (8.33%) Developer
3 1 (8.33%) IT Finance Manager
3 1 (8.33%) IT Manager
3 1 (8.33%) IT Project Manager
3 1 (8.33%) Oracle Database Developer
3 1 (8.33%) Oracle DBA
3 1 (8.33%) Oracle Developer
3 1 (8.33%) Senior Finance Project Manager
3 1 (8.33%) Senior Manager
3 1 (8.33%) Senior Project Manager
3 1 (8.33%) Transformation Project Manager
Libraries, Frameworks & Software Standards
1 1 (8.33%) JSON
1 1 (8.33%) Middleware
1 1 (8.33%) XML
1 1 (8.33%) XML Messaging
1 1 (8.33%) XSD
Miscellaneous
1 3 (25.00%) Reinsurance
2 1 (8.33%) Clustering
2 1 (8.33%) Derivative
2 1 (8.33%) Equities
2 1 (8.33%) Foreign Exchange (FX)
2 1 (8.33%) Replication
Processes & Methodologies
1 6 (50.00%) Data Modelling
2 4 (33.33%) Analytics
3 3 (25.00%) Business Intelligence
3 3 (25.00%) Conceptual Models
3 3 (25.00%) Data Analysis
3 3 (25.00%) Data Engineering
3 3 (25.00%) Data Governance
3 3 (25.00%) DevOps
3 3 (25.00%) Epics
3 3 (25.00%) ERP
3 3 (25.00%) ETL
3 3 (25.00%) Project Management
3 3 (25.00%) User Stories
3 3 (25.00%) Waterfall
4 1 (8.33%) Asset Management
4 1 (8.33%) Database Security
4 1 (8.33%) Database Tuning
4 1 (8.33%) Disaster Recovery
4 1 (8.33%) Strategic Planning
4 1 (8.33%) Visualisation
Programming Languages
1 5 (41.67%) SQL
2 2 (16.67%) PL/SQL
3 1 (8.33%) Python
3 1 (8.33%) XPath
Qualifications
1 1 (8.33%) ACCA
1 1 (8.33%) OCP
1 1 (8.33%) Oracle Certification
Quality Assurance & Compliance
1 12 (100.00%) IFRS
2 7 (58.33%) Solvency II
3 3 (25.00%) Data Quality
4 1 (8.33%) COREP
4 1 (8.33%) IFRS 9
4 1 (8.33%) QA
System Software
1 1 (8.33%) Oracle RAC
Systems Management
1 1 (8.33%) Data Guard
Vendors
1 3 (25.00%) Guidewire
2 2 (16.67%) Oracle
2 2 (16.67%) Workday
3 1 (8.33%) Google
3 1 (8.33%) IBM