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 6 May 2015 with a comparison to the same period in the previous 2 years.

Location
3 months to
6 May 2015
Same period 2014 Same period 2013
Solvency II
Rank 276 330 307
Rank change year-on-year
+54 -23
Permanent jobs citing Solvency II 35 13 8
As % of all permanent IT jobs located in the City of London 0.34% 0.10% 0.068%
As % of the Quality Assurance & Compliance category 2.97% 0.90% 0.73%
Number of salaries quoted 33 12 6
Average salary £75,000 £57,500 £58,750
Average salary % change year-on-year
+30.43% -2.12%
90% offered a salary of more than £49,000 £51,500 £51,750
10% offered a salary of more than £90,000 £91,750 £66,250
UK excluding London average salary £65,000 £54,000 £53,375
% change year-on-year
+20.37% +1.17%
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
1179 1441 1100
As % of all permanent IT jobs located in the City of London 11.36% 11.50% 9.36%
Number of salaries quoted 1003 1223 952
Average salary £52,500 £53,200 £55,000
Average salary % change year-on-year
-1.31% -3.27%
90% offered a salary of more than £32,500 £35,000 £35,800
10% offered a salary of more than £80,000 £85,000 £77,500
UK excluding London average salary £42,500 £40,000 £40,000
% change year-on-year
+6.25% -

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 6 May 2015.

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 6 May 2015, 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 48 (82.76%) Finance
2 19 (32.76%) Project Management
3 17 (29.31%) Banking
4 14 (24.14%) SQL
4 14 (24.14%) Stakeholder Management
5 13 (22.41%) Systems Analysis
5 13 (22.41%) Technical Architecture
5 13 (22.41%) Data Architecture
6 10 (17.24%) Retail
6 10 (17.24%) PRINCE2
7 9 (15.52%) Front Office
7 9 (15.52%) Marketing
8 8 (13.79%) IT Governance
8 8 (13.79%) Retail Banking
8 8 (13.79%) User Acceptance Testing
8 8 (13.79%) Migration
8 8 (13.79%) Back Office
8 8 (13.79%) Risk Management
8 8 (13.79%) ITIL
8 8 (13.79%) Financial Analysis
8 8 (13.79%) Analytical Skills
9 7 (12.07%) Data Warehouse
9 7 (12.07%) SAS
9 7 (12.07%) Business Intelligence
9 7 (12.07%) Business Analysis
9 7 (12.07%) Supplier Management
9 7 (12.07%) Investment Banking
10 6 (10.34%) Degree
10 6 (10.34%) Performance Management
10 6 (10.34%) Basel II

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

For the 6 months to 6 May 2015, 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 7 (12.07%) SAS
2 3 (5.17%) Tomcat
3 2 (3.45%) SharePoint
3 2 (3.45%) MS Exchange
3 2 (3.45%) Exchange Server 2007
3 2 (3.45%) Exchange Server 2010
3 2 (3.45%) Exchange Server 2013
Applications
1 3 (5.17%) MS Excel
2 1 (1.72%) MS Office
Business Applications
1 5 (8.62%) Markit EDM
Communications & Networking
1 2 (3.45%) DHCP
1 2 (3.45%) DNS
Database & Business Intelligence
1 7 (12.07%) Data Warehouse
2 6 (10.34%) Data Mining
3 2 (3.45%) SQL Server Reporting Services
3 2 (3.45%) SQL Server
4 1 (1.72%) OLAP
4 1 (1.72%) Data Mart
4 1 (1.72%) SQL Server Integration Services
4 1 (1.72%) SQL Server Analysis Services
4 1 (1.72%) SQL Server 2008
4 1 (1.72%) OLAP Cube
General
1 48 (82.76%) Finance
2 17 (29.31%) Banking
3 10 (17.24%) Retail
4 9 (15.52%) Front Office
4 9 (15.52%) Marketing
5 8 (13.79%) Back Office
5 8 (13.79%) Retail Banking
6 7 (12.07%) Investment Banking
7 2 (3.45%) Telecoms
8 1 (1.72%) Advertising
8 1 (1.72%) Financial Institution
8 1 (1.72%) French Language
8 1 (1.72%) German Language
8 1 (1.72%) Italian Language
8 1 (1.72%) Spanish Language
Job Titles
1 24 (41.38%) Analyst
2 16 (27.59%) Architect
3 15 (25.86%) Business Analyst
4 8 (13.79%) Project Manager
5 7 (12.07%) Applications Support
5 7 (12.07%) Technical Analyst
5 7 (12.07%) Technical Business Analyst
6 6 (10.34%) Applications Architect
6 6 (10.34%) Support Analyst
7 5 (8.62%) Applications Support Analyst
7 5 (8.62%) AWS Architect
8 3 (5.17%) Financial Business Analyst
8 3 (5.17%) Solvency II Project Manager
8 3 (5.17%) Financial Services Business Analyst
8 3 (5.17%) PMO Manager
8 3 (5.17%) Senior Technical Analyst
8 3 (5.17%) Senior Business Analyst
8 3 (5.17%) Senior Analyst
8 3 (5.17%) Solutions Architect
9 2 (3.45%) Senior Manager
Libraries, Frameworks & Software Standards
1 3 (5.17%) J2EE
Miscellaneous
1 8 (13.79%) Analytical Skills
2 5 (8.62%) Grid Computing
3 4 (6.90%) Computer Science
4 2 (3.45%) CMDB
4 2 (3.45%) Derivative
4 2 (3.45%) Mathematics
4 2 (3.45%) Fixed Income
4 2 (3.45%) Hedge funds
5 1 (1.72%) PMI
5 1 (1.72%) Management Information System
5 1 (1.72%) Credit Risk
5 1 (1.72%) Market Risk
Operating Systems
1 5 (8.62%) UNIX
2 3 (5.17%) Linux
3 2 (3.45%) Windows
Processes & Methodologies
1 19 (32.76%) Project Management
2 14 (24.14%) Stakeholder Management
3 13 (22.41%) Systems Analysis
3 13 (22.41%) Technical Architecture
3 13 (22.41%) Data Architecture
4 10 (17.24%) PRINCE2
5 8 (13.79%) ITIL
5 8 (13.79%) Risk Management
5 8 (13.79%) User Acceptance Testing
5 8 (13.79%) Migration
5 8 (13.79%) IT Governance
5 8 (13.79%) Financial Analysis
6 7 (12.07%) Business Analysis
6 7 (12.07%) Supplier Management
6 7 (12.07%) Business Intelligence
7 6 (10.34%) Performance Management
8 5 (8.62%) Strategic Planning
8 5 (8.62%) Programme Management
9 4 (6.90%) UML
9 4 (6.90%) Service Management
Programming Languages
1 14 (24.14%) SQL
2 3 (5.17%) C
2 3 (5.17%) VBA
2 3 (5.17%) MATLAB
2 3 (5.17%) Perl
3 2 (3.45%) C++
3 2 (3.45%) Java
4 1 (1.72%) T-SQL
Qualifications
1 6 (10.34%) PMP
1 6 (10.34%) PMI Certification
1 6 (10.34%) Degree
1 6 (10.34%) ISEB
2 2 (3.45%) PRINCE2 Certification
2 2 (3.45%) PRINCE2 Practitioner
3 1 (1.72%) CGEIT
3 1 (1.72%) CRISC
3 1 (1.72%) ACCA
3 1 (1.72%) CISA
3 1 (1.72%) CIMA
3 1 (1.72%) CISSP
Quality Assurance & Compliance
1 6 (10.34%) Basel II
2 3 (5.17%) Sarbanes-Oxley
3 2 (3.45%) ISO 9001
3 2 (3.45%) Basel III
3 2 (3.45%) FATCA
3 2 (3.45%) EMIR
3 2 (3.45%) UCITS
4 1 (1.72%) Dodd-Frank
4 1 (1.72%) Val IT
4 1 (1.72%) ISO/IEC 27001
4 1 (1.72%) COBIT
4 1 (1.72%) QA
System Software
1 2 (3.45%) Active Directory
1 2 (3.45%) VMware ESX
1 2 (3.45%) VMware Infrastructure
1 2 (3.45%) Hyper-V
1 2 (3.45%) XenApp
Vendors
1 6 (10.34%) Oracle
1 6 (10.34%) Business Objects
2 5 (8.62%) Microsoft
2 5 (8.62%) Hyperion
3 2 (3.45%) VMware
3 2 (3.45%) Citrix
4 1 (1.72%) SAP
4 1 (1.72%) Guidewire
4 1 (1.72%) Charles River
City, London
Oliver James Associates
Posted: 21 hours ago
City, London
Oliver James Associates
Salary: £80000 - £95000 per annum + Car allowance, Pension, Bonus
Posted: 4 days ago
City, London
Red10
Salary: £85000 - £100000 per annum + Good bonus + benefits package
Posted: 4 days ago
City of London
Interquest - ITQ Financial - London
Salary: £60000 - £80000 per annum + OTE
Posted: 16 days ago