The first table below looks at the demand 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 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

Location
3 months to
18 Apr 2014
Same period 2013 Same period 2012
Solvency II
Rank 796 814 761
Rank change year-on-year
+18 -53
Permanent jobs citing Solvency II 121 69 162
As % of all permanent IT jobs located in the UK 0.100% 0.062% 0.13%
As % of the Quality Assurance & Compliance category 0.97% 0.62% 1.43%
Number of salaries quoted 105 63 120
Average salary £55,000 £54,000 £63,750
Average salary % change year-on-year
+1.85% -15.29%
90% offered a salary of more than £50,000 £45,000 £45,000
10% offered a salary of more than £69,200 £76,500 £90,500
UK excluding London average salary £54,000 £52,625 £50,000
% change year-on-year
+2.61% +5.25%
Quality Assurance & Compliance Category
UK
Permanent IT job ads with a match in the
Quality Assurance & Compliance category
12470 11168 11342
As % of all permanent IT jobs located in the UK 10.28% 10.06% 9.02%
Number of salaries quoted 9740 8873 9339
Average salary £45,000 £45,000 £45,000
90% offered a salary of more than £27,500 £27,500 £27,500
10% offered a salary of more than £70,000 £72,500 £70,000
UK excluding London average salary £40,000 £40,000 £40,000

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 18 April 2014 within the UK.

Solvency II Salary Histogram in the UK

Solvency II
Top 13 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 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England +11 119 £55,000 -3.93% 18
London +4 88 £55,000 -8.33% 9
City of London -11 21 £57,500 -4.16% 1
Surrey +3 17 £54,000 -6.08%
South East -8 17 £54,000 -6.08% 1
West Midlands +16 14 £50,000 -7.40% 1
Birmingham +14 14 £50,000 -7.40% 1
Staines - 9 £54,000 -
Redhill - 5 £55,000 -
Reigate -2 2 £56,250 -4.25%
Scotland -18 2 - -
Edinburgh -25 2 - -
Canary Wharf - 1 £77,500 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 18 April 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.

1 165 (73.01%) Finance
2 89 (39.38%) Banking
3 88 (38.94%) PRINCE2
4 76 (33.63%) Investment Banking
5 73 (32.30%) Retail
6 71 (31.42%) PMP
6 71 (31.42%) PMI Certification
6 71 (31.42%) Back Office
7 69 (30.53%) Programme Management
8 68 (30.09%) User Acceptance Testing
9 64 (28.32%) Retail Banking
9 64 (28.32%) Technical Architecture
10 63 (27.88%) Front Office
11 62 (27.43%) Migration
12 54 (23.89%) SQL
13 47 (20.80%) Business Intelligence
14 31 (13.72%) Cognos
14 31 (13.72%) Data Warehouse
15 27 (11.95%) Basel II
16 26 (11.50%) SAS
17 25 (11.06%) Cognos TM1
18 24 (10.62%) Business Analysis
18 24 (10.62%) Oracle
18 24 (10.62%) Stakeholder Management
19 23 (10.18%) SQL Server
19 23 (10.18%) ETL
19 23 (10.18%) Microsoft
20 22 (9.73%) Data Modelling
21 20 (8.85%) SQL Server Integration Services
22 19 (8.41%) QA

Solvency II
Top Related IT Skills by Category

For the 6 months to 18 April 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 26 (11.50%) SAS
2 6 (2.65%) Tomcat
3 5 (2.21%) SharePoint
Applications
1 5 (2.21%) MS Excel
2 4 (1.77%) MS Project
2 4 (1.77%) MS Office
2 4 (1.77%) MS PowerPoint
3 3 (1.33%) MS Visio
4 2 (0.88%) SPSS
Business Applications
1 25 (11.06%) Cognos TM1
2 17 (7.52%) Cognos Business Intelligence
3 10 (4.42%) Cognos Controller
4 9 (3.98%) Kondor+
4 9 (3.98%) Cognos Planning
4 9 (3.98%) Summit
5 3 (1.33%) Towers Watson Igloo
Communications & Networking
1 1 (0.44%) FTP
1 1 (0.44%) HTTP
Database & Business Intelligence
1 31 (13.72%) Data Warehouse
2 23 (10.18%) SQL Server
3 20 (8.85%) SQL Server Integration Services
4 9 (3.98%) Base SAS
4 9 (3.98%) BusinessObjects
5 7 (3.10%) Oracle Database 11g
5 7 (3.10%) Oracle Database
5 7 (3.10%) Data Mining
6 6 (2.65%) SQL Server Reporting Services
7 3 (1.33%) SQL Server Analysis Services
7 3 (1.33%) Relational Database
7 3 (1.33%) DTS
8 2 (0.88%) SAP BW
8 2 (0.88%) QlikView
8 2 (0.88%) SQL Server 2008
9 1 (0.44%) BODI
9 1 (0.44%) Oracle OWB
General
1 165 (73.01%) Finance
2 89 (39.38%) Banking
3 76 (33.63%) Investment Banking
4 73 (32.30%) Retail
5 71 (31.42%) Back Office
6 64 (28.32%) Retail Banking
7 63 (27.88%) Front Office
8 6 (2.65%) Financial Institution
9 1 (0.44%) Marketing
Job Titles
1 120 (53.10%) Analyst
2 96 (42.48%) Business Analyst
3 45 (19.91%) Consultant
4 32 (14.16%) Financial Services Business Analyst
4 32 (14.16%) Financial Business Analyst
5 26 (11.50%) Project Manager
6 24 (10.62%) Banking Business Analyst
7 18 (7.96%) Cognos Consultant
7 18 (7.96%) Business Consultant
8 15 (6.64%) Business Intelligence Consultant
9 11 (4.87%) Team Leader
9 11 (4.87%) Developer
10 10 (4.42%) Support Analyst
11 9 (3.98%) Technical Business Analyst
11 9 (3.98%) Investment Banking Business Analyst
11 9 (3.98%) Solvency II Project Manager
11 9 (3.98%) Technical Analyst
12 8 (3.54%) Senior Manager
12 8 (3.54%) Solvency II Business Analyst
13 7 (3.10%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 6 (2.65%) J2EE
2 2 (0.88%) .NET
2 2 (0.88%) COM
3 1 (0.44%) iXBRL
3 1 (0.44%) XBRL
3 1 (0.44%) FpML
Miscellaneous
1 15 (6.64%) Derivative
2 14 (6.19%) Management Information System
3 13 (5.75%) Fixed Income
4 12 (5.31%) Grid Computing
5 9 (3.98%) Credit Risk
5 9 (3.98%) Equities
5 9 (3.98%) Foreign Exchange (FX)
6 7 (3.10%) PMI
7 6 (2.65%) Market Risk
8 4 (1.77%) CMDB
8 4 (1.77%) Equity Derivative
9 2 (0.88%) Mathematics
9 2 (0.88%) Computer Science
9 2 (0.88%) Data Integration
10 1 (0.44%) Neural Network
Operating Systems
1 12 (5.31%) UNIX
2 8 (3.54%) Linux
Processes & Methodologies
1 88 (38.94%) PRINCE2
2 69 (30.53%) Programme Management
3 68 (30.09%) User Acceptance Testing
4 64 (28.32%) Technical Architecture
5 62 (27.43%) Migration
6 47 (20.80%) Business Intelligence
7 24 (10.62%) Business Analysis
7 24 (10.62%) Stakeholder Management
8 23 (10.18%) ETL
9 22 (9.73%) Data Modelling
10 16 (7.08%) ITIL
11 13 (5.75%) GAP Analysis
11 13 (5.75%) Project Management
12 12 (5.31%) Analytics
13 10 (4.42%) Risk Management
14 8 (3.54%) UML
14 8 (3.54%) Disaster Recovery
14 8 (3.54%) Change Control
14 8 (3.54%) Asset Management
15 7 (3.10%) Enterprise Architecture
Programming Languages
1 54 (23.89%) SQL
2 11 (4.87%) Shell Script
3 8 (3.54%) MATLAB
3 8 (3.54%) VBA
4 7 (3.10%) Perl
5 6 (2.65%) T-SQL
6 4 (1.77%) C++
6 4 (1.77%) Java
7 2 (0.88%) PL/SQL
Qualifications
1 71 (31.42%) PMP
1 71 (31.42%) PMI Certification
2 12 (5.31%) ISEB
3 11 (4.87%) CIMA
3 11 (4.87%) ACCA
4 8 (3.54%) Degree
5 7 (3.10%) MBA
6 6 (2.65%) CIPFA
6 6 (2.65%) CFA
7 3 (1.33%) ICAEW
8 2 (0.88%) CISA
8 2 (0.88%) PRINCE2 Practitioner
9 1 (0.44%) APMP
9 1 (0.44%) CEH
9 1 (0.44%) CISSP
Quality Assurance & Compliance
1 27 (11.95%) Basel II
2 19 (8.41%) QA
3 15 (6.64%) FATCA
4 14 (6.19%) Basel III
5 13 (5.75%) Dodd-Frank
5 13 (5.75%) EMIR
6 4 (1.77%) GAAP
6 4 (1.77%) Sarbanes-Oxley
7 3 (1.33%) Data Quality
8 1 (0.44%) COSO
8 1 (0.44%) CRD IV
8 1 (0.44%) COREP
8 1 (0.44%) FINREP
Vendors
1 31 (13.72%) Cognos
2 24 (10.62%) Oracle
3 23 (10.18%) Microsoft
4 19 (8.41%) IBM
5 16 (7.08%) Business Objects
6 12 (5.31%) SAP
7 9 (3.98%) Algorithmics
7 9 (3.98%) Murex
7 9 (3.98%) Calypso
8 6 (2.65%) BEA
9 3 (1.33%) Guidewire
10 1 (0.44%) Datanomic
10 1 (0.44%) DataFlux
10 1 (0.44%) Teradata
10 1 (0.44%) Salesforce.com
10 1 (0.44%) Informatica
10 1 (0.44%) Bloomberg
10 1 (0.44%) Charles River
10 1 (0.44%) Trillium
London
Computer People
Salary: £60000.00 - £70000.00 per annum + 15% Bonus + Bens
Posted: 4 days ago
Milton Keynes, Buckinghamshire
Timothy James Consulting Ltd
Salary: £130000 - £140000 per annum + On application
Posted: 4 days ago
London
Computer People
Salary: £40000.00 - £55000.00 per annum + 15% Bonus + Bens
Posted: 4 days ago
London
Computer People
Salary: £40000.00 - £55000.00 per annum + 15% Bonus and Benefits
Posted: 4 days ago
London
HFG
Salary: £30000 - £60000 per annum
Posted: 5 days ago
London
HFG
Salary: £20000 - £45000 per annum
Posted: 5 days ago
Birmingham, West Midlands (County)
Asset Resourcing Ltd
Salary: £40000 - £60000 per annum + bonus + benefits
Posted: 6 days ago
London
HFG
Salary: £60000 - £80000 per annum
Posted: 18 days ago