The table below looks at the statistics for Solvency II skills in IT jobs advertised for the City of London region. Included is a guide to the average salaries offered in IT jobs that have cited Solvency II over the 3 months to 19 September 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
19 Sep 2014
Same period 2013 Same period 2012
Solvency II
Rank 300 286 288
Rank change year-on-year
-14 +2
Permanent jobs citing Solvency II 20 40 49
As % of all permanent IT jobs located in the City of London 0.17% 0.34% 0.39%
As % of the Quality Assurance & Compliance category 1.76% 3.30% 3.65%
Number of salaries quoted 19 39 47
Average salary £80,000 £77,500 £62,500
Average salary % change year-on-year
+3.22% +24.00%
90% offered a salary of more than £45,800 £52,500 £49,000
10% offered a salary of more than £87,500 £85,000 £110,000
UK excluding London average salary £65,000 £57,500 £55,000
% change year-on-year
+13.04% +4.54%
Solvency II
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in permanent jobs advertised in the City of London region.

Quality Assurance & Compliance Category
City of London
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
1135 1211 1343
As % of all permanent IT jobs located in the City of London 9.86% 10.24% 10.66%
Number of salaries quoted 944 1085 1214
Average salary £55,000 £57,500 £57,500
Average salary % change year-on-year
-4.34% -
90% offered a salary of more than £35,000 £41,500 £35,000
10% offered a salary of more than £80,000 £85,000 £90,000
UK excluding London average salary £40,000 £40,000 £40,300
% change year-on-year
- -0.74%

Solvency II
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of permanent IT jobs citing Solvency II across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

Solvency II Jobs Demand Trend in the City of London

Solvency II
Salary Trend in the City of London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Solvency II across the City of London region.

Solvency II Salary Trend in the City of London

Solvency II
Salary Histogram in the City of London

This chart provides a salary histogram for IT jobs citing Solvency II across the City of London region over the 3 months to 19 September 2014.

Solvency II Salary Histogram in the City of London

Solvency II
Top 30 Related IT Skills in the City of London

For the 6 months to 19 September 2014, IT jobs across the City of London region citing Solvency II also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Solvency II.

1 29 (85.29%) Finance
2 15 (44.12%) Project Management
2 15 (44.12%) Degree
3 12 (35.29%) PRINCE2
3 12 (35.29%) Risk Management
4 11 (32.35%) PRINCE2 Certification
5 10 (29.41%) MS Excel
6 9 (26.47%) MS Visio
6 9 (26.47%) MS Project
6 9 (26.47%) MS Office
6 9 (26.47%) PMP
6 9 (26.47%) PMI Certification
6 9 (26.47%) Basel II
6 9 (26.47%) Data Governance
6 9 (26.47%) MS Project Server
7 8 (23.53%) Mathematics
7 8 (23.53%) Sarbanes-Oxley
7 8 (23.53%) C
7 8 (23.53%) SQL
8 7 (20.59%) Oracle
8 7 (20.59%) UNIX
8 7 (20.59%) Analytics
9 6 (17.65%) Stakeholder Management
9 6 (17.65%) Grid Computing
10 5 (14.71%) ITIL
10 5 (14.71%) Shell Script
11 4 (11.76%) Perl
11 4 (11.76%) VBA
11 4 (11.76%) Linux
11 4 (11.76%) Business Analysis

Solvency II
Top Related IT Skills in the City of London by Category

For the 6 months to 19 September 2014, IT jobs across the City of London region citing Solvency II also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled that cited Solvency II. Up to 20 skills are shown per category.

Application Platforms
1 9 (26.47%) MS Project Server
2 3 (8.82%) Tomcat
3 1 (2.94%) SAS
Applications
1 10 (29.41%) MS Excel
2 9 (26.47%) MS Visio
2 9 (26.47%) MS Project
2 9 (26.47%) MS Office
Communications & Networking
1 4 (11.76%) IMAP
Database & Business Intelligence
1 1 (2.94%) SQL Server
1 1 (2.94%) Data Warehouse
1 1 (2.94%) Relational Database
General
1 29 (85.29%) Finance
2 1 (2.94%) Legal
2 1 (2.94%) Banking
2 1 (2.94%) Marketing
Job Titles
1 13 (38.24%) Project Manager
2 12 (35.29%) Analyst
3 5 (14.71%) Business Analyst
3 5 (14.71%) Support Analyst
4 3 (8.82%) Applications Support
4 3 (8.82%) Applications Support Analyst
5 2 (5.88%) Agile Project Manager
5 2 (5.88%) Compliance Manager
5 2 (5.88%) 3rd Line Support
5 2 (5.88%) Senior Project Manager
5 2 (5.88%) Technical Manager
5 2 (5.88%) Technical Project Manager
5 2 (5.88%) Senior Manager
6 1 (2.94%) Systems Support
6 1 (2.94%) Technical Support
6 1 (2.94%) Support Engineer
6 1 (2.94%) Programme Manager
6 1 (2.94%) Quantitative Analyst
6 1 (2.94%) Insurance Business Analyst
6 1 (2.94%) Linux Engineer
Libraries, Frameworks & Software Standards
1 3 (8.82%) J2EE
2 2 (5.88%) XBRL
Miscellaneous
1 8 (23.53%) Mathematics
2 6 (17.65%) Grid Computing
3 4 (11.76%) Analytical Skills
4 3 (8.82%) CMDB
5 2 (5.88%) Derivative
5 2 (5.88%) Management Information System
5 2 (5.88%) Fixed Income
5 2 (5.88%) Hedge funds
6 1 (2.94%) Credit Risk
6 1 (2.94%) Data Integration
6 1 (2.94%) Computer Science
Operating Systems
1 7 (20.59%) UNIX
2 4 (11.76%) Linux
Processes & Methodologies
1 15 (44.12%) Project Management
2 12 (35.29%) PRINCE2
2 12 (35.29%) Risk Management
3 9 (26.47%) Data Governance
4 7 (20.59%) Analytics
5 6 (17.65%) Stakeholder Management
6 5 (14.71%) ITIL
7 4 (11.76%) ITIL V2
7 4 (11.76%) Business Analysis
8 3 (8.82%) Scrum
8 3 (8.82%) Programme Management
8 3 (8.82%) Agile Software Development
8 3 (8.82%) Data Modelling
8 3 (8.82%) Business Intelligence
8 3 (8.82%) PRINCE
8 3 (8.82%) Change Management
8 3 (8.82%) Disaster Recovery
9 2 (5.88%) Asset Management
9 2 (5.88%) Product Management
9 2 (5.88%) Wealth Management
Programming Languages
1 8 (23.53%) C
1 8 (23.53%) SQL
2 5 (14.71%) Shell Script
3 4 (11.76%) Perl
3 4 (11.76%) VBA
4 3 (8.82%) C++
4 3 (8.82%) Java
4 3 (8.82%) MATLAB
Qualifications
1 15 (44.12%) Degree
2 11 (32.35%) PRINCE2 Certification
3 9 (26.47%) PMP
3 9 (26.47%) PMI Certification
4 3 (8.82%) MBA
Quality Assurance & Compliance
1 9 (26.47%) Basel II
2 8 (23.53%) Sarbanes-Oxley
3 2 (5.88%) COREP
3 2 (5.88%) FINREP
3 2 (5.88%) UCITS
4 1 (2.94%) QA
4 1 (2.94%) Basel III
Vendors
1 7 (20.59%) Oracle
2 2 (5.88%) Microsoft
3 1 (2.94%) HP
3 1 (2.94%) Dell
City, London
Red10
Salary: £90000 - £95000 per annum + Bonus + Benefits
Posted: Yesterday
City, London
Oliver James Associates
Salary: £70000 per annum + bonus + benefits
Posted: 3 days ago
City, London
Sanderson
Salary: £200 - £500 per day
Posted: 4 days ago
City, London
Asset Resourcing Ltd
Salary: £65000 - £75000 per annum + bonus + health + pension + other
Posted: 4 days ago
City of London
Churchill Frank
Salary: £50000 - £80000 per annum
Posted: 11 days ago
City of London
Real Staffing
Salary: £75000 - £95000 per annum + competitive
Posted: 12 days ago