The table below looks at the statistics for Solvency II skills in IT jobs advertised across the UK. Included is a guide to the average salaries offered in IT jobs that have cited Solvency II over the 3 months to 27 August 2014 with a comparison to the same period in the previous 2 years.

Location
3 months to
27 Aug 2014
Same period 2013 Same period 2012
Solvency II
Rank 819 812 746
Rank change year-on-year
-7 -66
Permanent jobs citing Solvency II 75 68 157
As % of all permanent IT jobs located in the UK 0.065% 0.063% 0.13%
As % of the Quality Assurance & Compliance category 0.61% 0.62% 1.28%
Number of salaries quoted 56 59 124
Average salary £65,000 £65,000 £61,250
Average salary % change year-on-year
- +6.12%
90% offered a salary of more than £40,750 £50,500 £45,000
10% offered a salary of more than £80,000 £85,000 £92,750
UK excluding London average salary £50,000 £62,500 £57,500
% change year-on-year
-20.00% +8.69%

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in permanent jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
12201 11040 12310
As % of all permanent IT jobs located in the UK 10.64% 10.21% 10.41%
Number of salaries quoted 9404 8680 10125
Average salary £45,000 £46,500 £45,000
Average salary % change year-on-year
-3.22% +3.33%
90% offered a salary of more than £27,500 £28,000 £27,500
10% offered a salary of more than £70,000 £70,000 £74,500
UK excluding London average salary £40,000 £40,000 £41,000
% change year-on-year
- -2.43%

Solvency II
Jobs Demand Trend

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

Solvency II Jobs Demand Trend in the UK

Solvency II
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Solvency II within the UK.

Solvency II Salary Trend in the UK

Solvency II
Salary Histogram

This chart provides a salary histogram for IT jobs citing Solvency II over the 3 months to 27 August 2014 within the UK.

Solvency II Salary Histogram in the UK

Solvency II
Top 19 Job Locations

The table below looks at the demand and provides a guide to the average salaries quoted in IT jobs citing Solvency II within the UK over the 3 months to 27 August 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Average Salary
Last 3 Months
Average Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -43 74 £65,000 - 22
London -17 58 £65,000 - 13
City of London -2 13 £80,000 +3.22% 5
Surrey +8 10 £65,000 +13.04% 1
South East -18 10 £65,000 +13.04% 1
Reigate -19 5 £25,000 -56.52%
East of England - 3 £27,500 -
West Midlands 0 2 £50,000 -
Hertfordshire - 2 - -
Bromley - 2 £75,000 -
Canary Wharf +7 1 £80,000 +3.22%
Birmingham -2 1 £50,000 -
Norwich - 1 £27,500 -
Norfolk - 1 £27,500 -
North Yorkshire - 1 - -
Staines - 1 £36,000 -
York - 1 - -
Warwickshire - 1 - -
Yorkshire - 1 - -

Solvency II
Top 30 Related IT Skills

For the 6 months to 27 August 2014, IT jobs within the UK 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.

1 137 (77.84%) Finance
2 55 (31.25%) SQL
3 54 (30.68%) Business Intelligence
4 47 (26.70%) Banking
5 40 (22.73%) PRINCE2
6 32 (18.18%) Risk Management
6 32 (18.18%) SQL Server Integration Services
7 31 (17.61%) Investment Banking
7 31 (17.61%) Basel II
8 30 (17.05%) Back Office
8 30 (17.05%) Cognos
9 28 (15.91%) Stakeholder Management
9 28 (15.91%) Programme Management
10 27 (15.34%) Project Management
10 27 (15.34%) PMP
10 27 (15.34%) PMI Certification
10 27 (15.34%) Degree
11 26 (14.77%) Basel III
11 26 (14.77%) Sarbanes-Oxley
12 25 (14.20%) Cognos TM1
13 23 (13.07%) User Acceptance Testing
13 23 (13.07%) Data Modelling
14 21 (11.93%) Data Warehouse
14 21 (11.93%) SQL Server
15 20 (11.36%) SQL Server Reporting Services
16 19 (10.80%) Retail
16 19 (10.80%) T-SQL
16 19 (10.80%) ETL
17 18 (10.23%) Front Office
17 18 (10.23%) Derivative

Solvency II
Top Related IT Skills by Category

For the 6 months to 27 August 2014, IT jobs within the UK 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 16 (9.09%) SAS
2 6 (3.41%) SharePoint
3 4 (2.27%) MS Project Server
4 3 (1.70%) Tomcat
Applications
1 6 (3.41%) MS Excel
2 5 (2.84%) MS Office
3 4 (2.27%) MS Project
3 4 (2.27%) MS Visio
Business Applications
1 25 (14.20%) Cognos TM1
2 14 (7.95%) Cognos Business Intelligence
3 13 (7.39%) Summit
3 13 (7.39%) Kondor+
4 10 (5.68%) Cognos Controller
5 9 (5.11%) Cognos Planning
6 1 (0.57%) Temenos T24
Communications & Networking
1 2 (1.14%) FTP
2 1 (0.57%) IMAP
Database & Business Intelligence
1 32 (18.18%) SQL Server Integration Services
2 21 (11.93%) SQL Server
2 21 (11.93%) Data Warehouse
3 20 (11.36%) SQL Server Reporting Services
4 16 (9.09%) SQL Server Analysis Services
5 9 (5.11%) Cognos Framework Manager
6 7 (3.98%) Base SAS
6 7 (3.98%) BusinessObjects
7 4 (2.27%) QlikView
7 4 (2.27%) Relational Database
8 3 (1.70%) SQL Server 2008
9 1 (0.57%) Spotfire
Development Applications
1 2 (1.14%) Visual Studio
1 2 (1.14%) QuickTest Pro
1 2 (1.14%) LoadRunner
1 2 (1.14%) Selenium
1 2 (1.14%) Team Foundation Server
General
1 137 (77.84%) Finance
2 47 (26.70%) Banking
3 31 (17.61%) Investment Banking
4 30 (17.05%) Back Office
5 19 (10.80%) Retail
6 18 (10.23%) Retail Banking
6 18 (10.23%) Front Office
7 4 (2.27%) Marketing
8 2 (1.14%) Legal
Job Titles
1 56 (31.82%) Analyst
2 40 (22.73%) Business Analyst
3 29 (16.48%) Developer
4 22 (12.50%) Project Manager
5 21 (11.93%) Banking Business Analyst
6 19 (10.80%) Consultant
7 16 (9.09%) Business Developer
7 16 (9.09%) Business Intelligence Developer
8 15 (8.52%) Cognos Consultant
9 14 (7.95%) Business Intelligence Consultant
10 13 (7.39%) Investment Banking Business Analyst
11 8 (4.55%) Senior Manager
11 8 (4.55%) Team Leader
12 7 (3.98%) Financial Services Business Analyst
12 7 (3.98%) Financial Business Analyst
13 6 (3.41%) Insurance Business Analyst
13 6 (3.41%) Senior Project Manager
13 6 (3.41%) Support Analyst
14 5 (2.84%) Senior Developer
14 5 (2.84%) Applications Support
Libraries, Frameworks & Software Standards
1 3 (1.70%) HTML
1 3 (1.70%) .NET
1 3 (1.70%) J2EE
1 3 (1.70%) XBRL
2 2 (1.14%) .NET Framework
2 2 (1.14%) WCF
2 2 (1.14%) LINQ
2 2 (1.14%) jQuery
2 2 (1.14%) ADO.NET Entity Framework
2 2 (1.14%) CSS3
2 2 (1.14%) ASP.NET
2 2 (1.14%) COM
2 2 (1.14%) CSS
3 1 (0.57%) SOAP
3 1 (0.57%) XML
3 1 (0.57%) iXBRL
Miscellaneous
1 18 (10.23%) Derivative
2 16 (9.09%) Management Information System
3 15 (8.52%) Fixed Income
3 15 (8.52%) Market Risk
4 13 (7.39%) Equities
4 13 (7.39%) Foreign Exchange (FX)
5 12 (6.82%) Mathematics
6 10 (5.68%) Computer Science
7 8 (4.55%) Grid Computing
8 5 (2.84%) PMI
9 4 (2.27%) Data Integration
10 3 (1.70%) CMDB
10 3 (1.70%) Credit Risk
11 2 (1.14%) Hedge funds
12 1 (0.57%) SWIFT
12 1 (0.57%) Visualisation
Operating Systems
1 10 (5.68%) UNIX
2 6 (3.41%) Linux
Processes & Methodologies
1 54 (30.68%) Business Intelligence
2 40 (22.73%) PRINCE2
3 32 (18.18%) Risk Management
4 28 (15.91%) Stakeholder Management
4 28 (15.91%) Programme Management
5 27 (15.34%) Project Management
6 23 (13.07%) Data Modelling
6 23 (13.07%) User Acceptance Testing
7 19 (10.80%) ETL
8 18 (10.23%) Analytics
9 17 (9.66%) Migration
9 17 (9.66%) Technical Architecture
10 16 (9.09%) Data Governance
11 14 (7.95%) ITIL
12 13 (7.39%) GAP Analysis
13 11 (6.25%) Asset Management
14 10 (5.68%) Business Analysis
15 8 (4.55%) Data Architecture
15 8 (4.55%) Change Control
16 7 (3.98%) Scrum
Programming Languages
1 55 (31.25%) SQL
2 19 (10.80%) T-SQL
3 8 (4.55%) Java
4 7 (3.98%) C++
4 7 (3.98%) Shell Script
5 6 (3.41%) C#
6 5 (2.84%) VBA
6 5 (2.84%) MATLAB
7 4 (2.27%) Perl
8 3 (1.70%) C
9 1 (0.57%) PL/SQL
9 1 (0.57%) VB.NET
Qualifications
1 27 (15.34%) PMP
1 27 (15.34%) PMI Certification
1 27 (15.34%) Degree
2 10 (5.68%) CISA
3 9 (5.11%) CISSP
4 8 (4.55%) CRISC
5 6 (3.41%) PRINCE2 Certification
6 5 (2.84%) ACCA
6 5 (2.84%) CIMA
7 4 (2.27%) MBA
8 1 (0.57%) CEH
8 1 (0.57%) ISTQB
8 1 (0.57%) ISTQB Foundation Certification
8 1 (0.57%) ISEB
8 1 (0.57%) PRINCE2 Practitioner
8 1 (0.57%) SC Cleared
8 1 (0.57%) Security Cleared
Quality Assurance & Compliance
1 31 (17.61%) Basel II
2 26 (14.77%) Basel III
2 26 (14.77%) Sarbanes-Oxley
3 17 (9.66%) FATCA
4 15 (8.52%) QA
5 13 (7.39%) EMIR
5 13 (7.39%) Dodd-Frank
6 7 (3.98%) Data Quality
7 4 (2.27%) GAAP
8 3 (1.70%) COREP
8 3 (1.70%) FINREP
8 3 (1.70%) UCITS
9 2 (1.14%) AIFMD
9 2 (1.14%) CRD IV
10 1 (0.57%) PCI DSS
10 1 (0.57%) COSO
System Software
1 1 (0.57%) Active Directory
Vendors
1 30 (17.05%) Cognos
2 16 (9.09%) Microsoft
3 15 (8.52%) IBM
4 13 (7.39%) Murex
4 13 (7.39%) Calypso
4 13 (7.39%) Algorithmics
5 10 (5.68%) Oracle
6 9 (5.11%) SAP
7 7 (3.98%) Business Objects
8 4 (2.27%) TOWER Software
9 3 (1.70%) Salesforce.com
10 2 (1.14%) Adobe
10 2 (1.14%) Guidewire
11 1 (0.57%) Datanomic
11 1 (0.57%) Teradata
11 1 (0.57%) DataFlux
11 1 (0.57%) Tableau
11 1 (0.57%) Trillium
11 1 (0.57%) Bloomberg
11 1 (0.57%) Charles River
London
HFG
Salary: £75000 - £85000 per annum
Posted: Yesterday
London
HFG
Salary: £40000 - £55000 per annum
Posted: 6 days ago
London
HFG
Salary: £35000 - £55000 per annum
Posted: 6 days ago
City of London
Real Staffing
Salary: £75000 - £90000 per annum + competitive
Posted: 7 days ago
City of London
Real Staffing
Salary: £75000 - £95000 per annum + competitive
Posted: 8 days ago
Surrey
Real Staffing
Salary: £60000 - £80000 per annum + Extensive Benefits Package
Posted: 12 days ago
Bournemouth
HFG
Salary: £50000 - £80000 per annum
Posted: 27 days ago