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 24 December 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
24 Dec 2014
Same period 2013 Same period 2012
Solvency II
Rank 290 300 295
Rank change year-on-year
+10 -5
Permanent jobs citing Solvency II 24 26 31
As % of all permanent IT jobs located in the City of London 0.22% 0.22% 0.27%
As % of the Quality Assurance & Compliance category 2.23% 2.10% 2.90%
Number of salaries quoted 24 23 29
Average salary £67,500 £85,000 £62,500
Average salary % change year-on-year
-20.58% +36.00%
90% offered a salary of more than £49,300 £50,500 £50,000
10% offered a salary of more than £87,500 £85,000 £87,000
UK excluding London average salary £57,500 £55,000 £58,750
% change year-on-year
+4.54% -6.38%
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
1076 1241 1070
As % of all permanent IT jobs located in the City of London 9.99% 10.71% 9.32%
Number of salaries quoted 944 1097 915
Average salary £55,000 £56,000 £55,000
Average salary % change year-on-year
-1.78% +1.81%
90% offered a salary of more than £34,000 £35,000 £37,500
10% offered a salary of more than £87,500 £79,550 £77,500
UK excluding London average salary £40,000 £40,500 £40,000
% change year-on-year
-1.23% +1.25%

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 24 December 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 24 December 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 36 (80.00%) Finance
2 20 (44.44%) Project Management
3 19 (42.22%) PRINCE2
4 18 (40.00%) Degree
5 14 (31.11%) PMP
5 14 (31.11%) PMI Certification
5 14 (31.11%) Stakeholder Management
5 14 (31.11%) Data Governance
6 12 (26.67%) Basel II
7 11 (24.44%) PRINCE2 Certification
7 11 (24.44%) Risk Management
8 10 (22.22%) MS Excel
8 10 (22.22%) Analytical Skills
9 9 (20.00%) MS Project
9 9 (20.00%) MS Office
9 9 (20.00%) MS Visio
9 9 (20.00%) Sarbanes-Oxley
9 9 (20.00%) Agile Software Development
9 9 (20.00%) MS Project Server
9 9 (20.00%) Mathematics
10 8 (17.78%) C
10 8 (17.78%) Business Intelligence
11 7 (15.56%) SQL
11 7 (15.56%) RAD
11 7 (15.56%) Data Warehouse
11 7 (15.56%) TDD
11 7 (15.56%) Banking
11 7 (15.56%) Business Analysis
11 7 (15.56%) Supplier Management
11 7 (15.56%) Waterfall

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

For the 6 months to 24 December 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 (20.00%) MS Project Server
2 5 (11.11%) SAS
3 1 (2.22%) Tomcat
Applications
1 10 (22.22%) MS Excel
2 9 (20.00%) MS Visio
2 9 (20.00%) MS Project
2 9 (20.00%) MS Office
Business Applications
1 1 (2.22%) Markit EDM
Communications & Networking
1 3 (6.67%) IMAP
2 1 (2.22%) FTP
Database & Business Intelligence
1 7 (15.56%) Data Warehouse
2 4 (8.89%) Data Mining
3 2 (4.44%) SQL Server Reporting Services
3 2 (4.44%) SQL Server Integration Services
3 2 (4.44%) SQL Server Analysis Services
4 1 (2.22%) OLAP Cube
4 1 (2.22%) SQL Server
4 1 (2.22%) OLAP
4 1 (2.22%) QlikView
General
1 36 (80.00%) Finance
2 7 (15.56%) Banking
3 3 (6.67%) Retail
3 3 (6.67%) Legal
3 3 (6.67%) Front Office
4 2 (4.44%) Back Office
4 2 (4.44%) Investment Banking
4 2 (4.44%) Retail Banking
4 2 (4.44%) Marketing
5 1 (2.22%) Telecoms
Job Titles
1 19 (42.22%) Project Manager
2 15 (33.33%) Analyst
3 11 (24.44%) Business Analyst
4 6 (13.33%) Technical Analyst
5 5 (11.11%) Data Manager
5 5 (11.11%) Technical Business Analyst
5 5 (11.11%) Data Governance Manager
5 5 (11.11%) Programme Manager
5 5 (11.11%) Governance Manager
6 4 (8.89%) Senior Manager
6 4 (8.89%) Senior Project Manager
6 4 (8.89%) Senior Programme Manager
7 3 (6.67%) Solvency II Project Manager
7 3 (6.67%) Support Analyst
8 2 (4.44%) Senior Analyst
8 2 (4.44%) Data Analyst
8 2 (4.44%) Senior Business Analyst
8 2 (4.44%) Compliance Manager
8 2 (4.44%) Technical Manager
8 2 (4.44%) Senior Technical Analyst
Libraries, Frameworks & Software Standards
1 2 (4.44%) XBRL
2 1 (2.22%) WCF
2 1 (2.22%) WPF
2 1 (2.22%) .NET
2 1 (2.22%) J2EE
2 1 (2.22%) ASP.NET
2 1 (2.22%) Web Services
Miscellaneous
1 10 (22.22%) Analytical Skills
2 9 (20.00%) Mathematics
3 4 (8.89%) PMI
4 3 (6.67%) Derivative
5 2 (4.44%) Hedge funds
5 2 (4.44%) Management Information System
5 2 (4.44%) Fixed Income
5 2 (4.44%) Grid Computing
6 1 (2.22%) Computer Science
6 1 (2.22%) CMDB
6 1 (2.22%) Credit Risk
6 1 (2.22%) Data Integration
6 1 (2.22%) N-Tier
Operating Systems
1 2 (4.44%) UNIX
2 1 (2.22%) Linux
Processes & Methodologies
1 20 (44.44%) Project Management
2 19 (42.22%) PRINCE2
3 14 (31.11%) Stakeholder Management
3 14 (31.11%) Data Governance
4 11 (24.44%) Risk Management
5 9 (20.00%) Agile Software Development
6 8 (17.78%) Business Intelligence
7 7 (15.56%) RAD
7 7 (15.56%) TDD
7 7 (15.56%) Business Analysis
7 7 (15.56%) Supplier Management
7 7 (15.56%) Waterfall
8 6 (13.33%) Portfolio Management
9 5 (11.11%) Analytics
9 5 (11.11%) Programme Management
9 5 (11.11%) Quality Management
9 5 (11.11%) Change Management
10 4 (8.89%) Information Security
10 4 (8.89%) People Management
11 3 (6.67%) Data Modelling
Programming Languages
1 8 (17.78%) C
2 7 (15.56%) SQL
3 1 (2.22%) VBScript
3 1 (2.22%) VB
3 1 (2.22%) VBA
3 1 (2.22%) Shell Script
3 1 (2.22%) MATLAB
3 1 (2.22%) C++
3 1 (2.22%) Java
3 1 (2.22%) Perl
Qualifications
1 18 (40.00%) Degree
2 14 (31.11%) PMP
2 14 (31.11%) PMI Certification
3 11 (24.44%) PRINCE2 Certification
4 4 (8.89%) PRINCE2 Practitioner
4 4 (8.89%) PgMP
4 4 (8.89%) ISEB
5 2 (4.44%) CISSP
Quality Assurance & Compliance
1 12 (26.67%) Basel II
2 9 (20.00%) Sarbanes-Oxley
3 4 (8.89%) Data Quality
4 2 (4.44%) QA
4 2 (4.44%) COREP
4 2 (4.44%) FINREP
4 2 (4.44%) UCITS
5 1 (2.22%) FATCA
5 1 (2.22%) EMIR
5 1 (2.22%) CRD IV
Vendors
1 4 (8.89%) Business Objects
2 2 (4.44%) Microsoft
2 2 (4.44%) Oracle
3 1 (2.22%) Charles River
3 1 (2.22%) SAP
3 1 (2.22%) Cognos
City of London
Huxley Banking & Financial Services
Salary: £65000 - £70000 per annum + bonus
Posted: Yesterday
City, London
Oliver James Associates
Salary: £70000 per annum + bonus + benefits
Posted: 2 days ago
City of London
Interquest - ITQ Financial - London
Salary: £45000 - £50000 per annum + OTE
Posted: 21 days ago