Stochastic Modelling Jobs in the South West

Stochastic Modelling
England > South West

The following table provides summary statistics for permanent job vacancies advertised in the South West with a requirement for Stochastic Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Stochastic Modelling over the 6 months to 29 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 286 274 312
Rank change year-on-year -12 +38 -
Permanent jobs citing Stochastic Modelling 5 3 2
As % of all permanent jobs advertised in the South West 0.054% 0.043% 0.025%
As % of the Processes & Methodologies category 0.065% 0.046% 0.026%
Number of salaries quoted 5 3 2
10th Percentile £58,500 £59,500 £55,500
25th Percentile £60,000 £60,625 £56,250
Median annual salary (50th Percentile) £65,000 £65,000 £65,000
75th Percentile £70,000 £75,000 £76,250
90th Percentile £71,500 £79,500 £78,500
England median annual salary £65,000 £65,000 £62,500
% change year-on-year - +4.00% +38.89%

All Process and Methodology Skills
South West

Stochastic Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the South West with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 7,732 6,516 7,580
As % of all permanent jobs advertised in the South West 84.15% 94.43% 95.11%
Number of salaries quoted 5,553 3,657 4,985
10th Percentile £28,500 £30,500 £30,932
25th Percentile £37,500 £39,200 £38,353
Median annual salary (50th Percentile) £50,500 £52,500 £50,000
Median % change year-on-year -3.81% +5.00% +7.42%
75th Percentile £65,000 £68,750 £65,000
90th Percentile £80,000 £81,250 £77,500
England median annual salary £55,000 £62,500 £60,000
% change year-on-year -12.00% +4.17% +9.09%

Stochastic Modelling
Job Vacancy Trend in the South West

Job postings citing Stochastic Modelling as a proportion of all IT jobs advertised in the South West.

Job vacancy trend for Stochastic Modelling in the South West

Stochastic Modelling
Salary Trend in the South West

3-month moving average salary quoted in jobs citing Stochastic Modelling in the South West.

Salary trend for Stochastic Modelling in the South West

Stochastic Modelling
Job Locations in the South West

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Stochastic Modelling within the South West region over the 6 months to 29 April 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
Bristol +8 5 £65,000 -
Stochastic Modelling
England

Stochastic Modelling
Co-occurring Skills and Capabilities in the South West 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:

Job Titles
1 5 (100.00%) Data Scientist
2 1 (20.00%) Senior
2 1 (20.00%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 5 (100.00%) Keras
1 5 (100.00%) NumPy
1 5 (100.00%) Pandas
1 5 (100.00%) PyTorch
1 5 (100.00%) scikit-learn
1 5 (100.00%) SpaCy
1 5 (100.00%) Statsmodels
1 5 (100.00%) TensorFlow
Miscellaneous
1 1 (20.00%) Reinsurance
Processes & Methodologies
1 5 (100.00%) Agile
1 5 (100.00%) Analytics
1 5 (100.00%) Bayesian Methods
1 5 (100.00%) Data Analysis
1 5 (100.00%) Data Science
1 5 (100.00%) Data Visualisation
1 5 (100.00%) Deep Learning
1 5 (100.00%) Exploratory Data Analysis
1 5 (100.00%) Machine Learning
1 5 (100.00%) Natural Language Processing
1 5 (100.00%) Statistics
1 5 (100.00%) Visualisation
2 4 (80.00%) Actionable Insight
2 4 (80.00%) Cybersecurity
2 4 (80.00%) Data Analytics
3 1 (20.00%) Computer Science
3 1 (20.00%) Mathematics
3 1 (20.00%) Risk Management
3 1 (20.00%) Software Engineering
Programming Languages
1 5 (100.00%) Python
1 5 (100.00%) SQL
Qualifications
1 1 (20.00%) Degree
Vendors
1 5 (100.00%) Dataiku
2 1 (20.00%) Databricks