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 22 October 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
22 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank 288 274 308
Rank change year-on-year
-14 +34
Permanent jobs citing Solvency II 26 57 28
As % of all permanent IT jobs located in the City of London 0.24% 0.47% 0.23%
As % of the Quality Assurance & Compliance category 2.49% 4.38% 2.22%
Number of salaries quoted 25 56 25
Average salary £82,500 £80,750 £65,000
Average salary % change year-on-year
+2.16% +24.23%
90% offered a salary of more than £47,500 £51,250 £50,000
10% offered a salary of more than £87,500 £85,000 £80,000
UK excluding London average salary £57,500 £57,500 £57,500
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
1046 1300 1264
As % of all permanent IT jobs located in the City of London 9.53% 10.70% 10.35%
Number of salaries quoted 890 1156 1134
Average salary £55,000 £60,000 £55,000
Average salary % change year-on-year
-8.33% +9.09%
90% offered a salary of more than £34,000 £41,500 £35,000
10% offered a salary of more than £85,000 £80,000 £85,000
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 22 October 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 22 October 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 (82.86%) Finance
2 16 (45.71%) Project Management
3 15 (42.86%) Degree
4 13 (37.14%) Data Governance
4 13 (37.14%) PRINCE2
5 12 (34.29%) Risk Management
6 11 (31.43%) PRINCE2 Certification
7 10 (28.57%) PMP
7 10 (28.57%) PMI Certification
7 10 (28.57%) MS Excel
8 9 (25.71%) MS Visio
8 9 (25.71%) MS Project
8 9 (25.71%) MS Office
8 9 (25.71%) Sarbanes-Oxley
8 9 (25.71%) Basel II
8 9 (25.71%) MS Project Server
9 8 (22.86%) Mathematics
9 8 (22.86%) Stakeholder Management
9 8 (22.86%) C
10 7 (20.00%) Change Management
11 6 (17.14%) Analytics
12 5 (14.29%) Agile Software Development
13 4 (11.43%) Business Analysis
13 4 (11.43%) IMAP
13 4 (11.43%) Scrum
13 4 (11.43%) Quality Management
13 4 (11.43%) Programme Management
13 4 (11.43%) Data Modelling
13 4 (11.43%) Business Intelligence
14 3 (8.57%) Microsoft

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

For the 6 months to 22 October 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 (25.71%) MS Project Server
2 1 (2.86%) SAS
2 1 (2.86%) Tomcat
Applications
1 10 (28.57%) MS Excel
2 9 (25.71%) MS Visio
2 9 (25.71%) MS Project
2 9 (25.71%) MS Office
Business Applications
1 1 (2.86%) Markit EDM
Communications & Networking
1 4 (11.43%) IMAP
2 1 (2.86%) FTP
Database & Business Intelligence
1 3 (8.57%) Data Warehouse
2 1 (2.86%) SQL Server Reporting Services
2 1 (2.86%) SQL Server Integration Services
2 1 (2.86%) SQL Server Analysis Services
2 1 (2.86%) QlikView
General
1 29 (82.86%) Finance
2 3 (8.57%) Legal
3 2 (5.71%) Banking
4 1 (2.86%) Front Office
4 1 (2.86%) Back Office
4 1 (2.86%) Investment Banking
4 1 (2.86%) Retail
4 1 (2.86%) Retail Banking
4 1 (2.86%) Marketing
Job Titles
1 13 (37.14%) Project Manager
2 9 (25.71%) Analyst
3 6 (17.14%) Business Analyst
4 4 (11.43%) Governance Manager
4 4 (11.43%) Data Manager
4 4 (11.43%) Data Governance Manager
5 2 (5.71%) Compliance Manager
5 2 (5.71%) Insurance Business Analyst
5 2 (5.71%) Technical Manager
5 2 (5.71%) Agile Project Manager
5 2 (5.71%) Senior Project Manager
5 2 (5.71%) Programme Manager
5 2 (5.71%) Technical Project Manager
5 2 (5.71%) Senior Manager
6 1 (2.86%) Support Analyst
6 1 (2.86%) Technical Support
6 1 (2.86%) 3rd Line Support
6 1 (2.86%) Lead Developer
6 1 (2.86%) Developer
6 1 (2.86%) Consultant
Libraries, Frameworks & Software Standards
1 2 (5.71%) XBRL
2 1 (2.86%) .NET
2 1 (2.86%) J2EE
2 1 (2.86%) ASP.NET
2 1 (2.86%) Web Services
2 1 (2.86%) WCF
2 1 (2.86%) WPF
Miscellaneous
1 8 (22.86%) Mathematics
2 3 (8.57%) Derivative
3 2 (5.71%) Hedge funds
3 2 (5.71%) Analytical Skills
3 2 (5.71%) Fixed Income
3 2 (5.71%) Management Information System
4 1 (2.86%) N-Tier
4 1 (2.86%) Grid Computing
4 1 (2.86%) Data Integration
4 1 (2.86%) Credit Risk
4 1 (2.86%) Computer Science
Operating Systems
1 1 (2.86%) UNIX
1 1 (2.86%) Linux
Processes & Methodologies
1 16 (45.71%) Project Management
2 13 (37.14%) Data Governance
2 13 (37.14%) PRINCE2
3 12 (34.29%) Risk Management
4 8 (22.86%) Stakeholder Management
5 7 (20.00%) Change Management
6 6 (17.14%) Analytics
7 5 (14.29%) Agile Software Development
8 4 (11.43%) Business Analysis
8 4 (11.43%) Scrum
8 4 (11.43%) Quality Management
8 4 (11.43%) Programme Management
8 4 (11.43%) Data Modelling
8 4 (11.43%) Business Intelligence
9 3 (8.57%) PRINCE
10 2 (5.71%) Wealth Management
10 2 (5.71%) User Acceptance Testing
10 2 (5.71%) Asset Management
10 2 (5.71%) Data Management
10 2 (5.71%) Product Management
Programming Languages
1 8 (22.86%) C
2 1 (2.86%) Shell Script
2 1 (2.86%) MATLAB
2 1 (2.86%) Perl
2 1 (2.86%) SQL
2 1 (2.86%) VBScript
2 1 (2.86%) VB
2 1 (2.86%) VBA
Qualifications
1 15 (42.86%) Degree
2 11 (31.43%) PRINCE2 Certification
3 10 (28.57%) PMP
3 10 (28.57%) PMI Certification
4 3 (8.57%) MBA
Quality Assurance & Compliance
1 9 (25.71%) Sarbanes-Oxley
1 9 (25.71%) Basel II
2 3 (8.57%) Data Quality
3 2 (5.71%) QA
3 2 (5.71%) COREP
3 2 (5.71%) FINREP
3 2 (5.71%) UCITS
4 1 (2.86%) CRD IV
4 1 (2.86%) Basel III
Vendors
1 3 (8.57%) Microsoft
2 1 (2.86%) HP
2 1 (2.86%) Dell
2 1 (2.86%) Cognos
2 1 (2.86%) Oracle
City, London
Streamline Connections
Salary: £80000 - £95000 per annum + excellent benefits
Posted: 6 days ago
City of London
Annapurna
Salary: £90000 - £95000 per annum + Bonus + Benefits
Posted: 9 days ago