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

Location
3 months to
24 Oct 2014
Same period 2013 Same period 2012
Solvency II
Rank 819 762 732
Rank change year-on-year
-57 -30
Permanent jobs citing Solvency II 77 119 155
As % of all permanent IT jobs located in the UK 0.068% 0.11% 0.14%
As % of the Quality Assurance & Compliance category 0.64% 1.09% 1.30%
Number of salaries quoted 69 93 116
Average salary £65,000 £77,500 £57,500
Average salary % change year-on-year
-16.12% +34.78%
90% offered a salary of more than £44,500 £52,500 £45,000
10% offered a salary of more than £87,500 £85,000 £75,000
UK excluding London average salary £57,500 £57,500 £57,500

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
11940 10914 11955
As % of all permanent IT jobs located in the UK 10.48% 10.03% 10.58%
Number of salaries quoted 9269 8535 9760
Average salary £45,000 £47,500 £45,000
Average salary % change year-on-year
-5.26% +5.55%
90% offered a salary of more than £26,500 £28,000 £27,500
10% offered a salary of more than £70,000 £70,000 £75,000
UK excluding London average salary £40,000 £40,500 £40,000
% change year-on-year
-1.23% +1.25%

Solvency II
Jobs Demand Trend

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 24 October 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 24 October 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 -52 73 £65,000 -16.12% 30
London -38 56 £65,000 -16.12% 11
City of London -12 26 £82,500 -1.78% 1
South West - 10 £57,500 - 12
Bournemouth - 8 £57,500 - 1
Dorset - 8 £57,500 - 1
Surrey -1 5 £51,750 -10.00%
South East -7 5 £51,750 -10.00%
Scotland -7 3 £57,500 -17.85% 2
Edinburgh -14 3 £57,500 -17.85% 2
East of England - 2 £37,500 - 1
Bristol - 2 - - 10
Canary Wharf +24 1 £80,000 +3.22%
Reigate -27 1 £70,000 +21.73%
Staines - 1 £36,000 -
Hertfordshire - 1 £47,500 - 1
Norfolk - 1 £27,500 -
Norwich - 1 £27,500 -
Potters Bar - 1 £47,500 - 1

Solvency II
Top 30 Related IT Skills

For the 6 months to 24 October 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.

1 119 (79.33%) Finance
2 43 (28.67%) Business Intelligence
3 38 (25.33%) Risk Management
4 34 (22.67%) SQL
5 32 (21.33%) Project Management
5 32 (21.33%) Degree
6 31 (20.67%) Banking
7 29 (19.33%) Sarbanes-Oxley
7 29 (19.33%) Stakeholder Management
7 29 (19.33%) PRINCE2
8 28 (18.67%) Basel II
9 27 (18.00%) Data Governance
10 24 (16.00%) SQL Server Integration Services
11 23 (15.33%) SQL Server Reporting Services
12 22 (14.67%) SQL Server Analysis Services
13 21 (14.00%) T-SQL
14 20 (13.33%) Data Modelling
14 20 (13.33%) Data Warehouse
14 20 (13.33%) Basel III
15 17 (11.33%) Mathematics
16 16 (10.67%) Data Architecture
16 16 (10.67%) Oracle
16 16 (10.67%) Analytics
17 15 (10.00%) Agile Software Development
17 15 (10.00%) Programme Management
18 14 (9.33%) MS Office
18 14 (9.33%) MS Excel
18 14 (9.33%) PMP
18 14 (9.33%) PMI Certification
18 14 (9.33%) Quality Management

Solvency II
Top Related IT Skills by Category

For the 6 months to 24 October 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 13 (8.67%) SAS
2 9 (6.00%) MS Project Server
3 8 (5.33%) SharePoint
4 3 (2.00%) Tomcat
Applications
1 14 (9.33%) MS Office
1 14 (9.33%) MS Excel
2 9 (6.00%) MS Visio
2 9 (6.00%) MS Project
3 1 (0.67%) SPSS
Business Applications
1 8 (5.33%) Summit
1 8 (5.33%) Kondor+
2 3 (2.00%) Cognos TM1
2 3 (2.00%) Markit EDM
3 2 (1.33%) Cognos Business Intelligence
3 2 (1.33%) Temenos T24
4 1 (0.67%) LatentZero
Communications & Networking
1 5 (3.33%) IMAP
2 1 (0.67%) FTP
Database & Business Intelligence
1 24 (16.00%) SQL Server Integration Services
2 23 (15.33%) SQL Server Reporting Services
3 22 (14.67%) SQL Server Analysis Services
4 20 (13.33%) Data Warehouse
5 9 (6.00%) SQL Server
6 8 (5.33%) Base SAS
6 8 (5.33%) Oracle ODI
7 7 (4.67%) QlikView
7 7 (4.67%) BusinessObjects
8 6 (4.00%) Star Schema
9 5 (3.33%) Oracle BI EE
9 5 (3.33%) Hadoop
10 3 (2.00%) SQL Server 2008
10 3 (2.00%) Data Mining
11 2 (1.33%) Relational Database
12 1 (0.67%) PerformancePoint
12 1 (0.67%) OLAP
12 1 (0.67%) Spotfire
Development Applications
1 3 (2.00%) ERwin
1 3 (2.00%) Selenium
1 3 (2.00%) Team Foundation Server
1 3 (2.00%) QuickTest Pro
2 2 (1.33%) LoadRunner
2 2 (1.33%) Visual Studio
3 1 (0.67%) WebDriver
General
1 119 (79.33%) Finance
2 31 (20.67%) Banking
3 10 (6.67%) Investment Banking
3 10 (6.67%) Back Office
4 6 (4.00%) Legal
5 4 (2.67%) Marketing
6 3 (2.00%) Retail
7 2 (1.33%) Retail Banking
8 1 (0.67%) Financial Institution
8 1 (0.67%) Front Office
8 1 (0.67%) French Language
8 1 (0.67%) German Language
8 1 (0.67%) Italian Language
8 1 (0.67%) Spanish Language
Job Titles
1 43 (28.67%) Analyst
2 26 (17.33%) Business Analyst
2 26 (17.33%) Developer
3 22 (14.67%) Project Manager
4 21 (14.00%) Business Intelligence Developer
5 20 (13.33%) Business Developer
6 12 (8.00%) Data Architect
6 12 (8.00%) Architect
7 9 (6.00%) Insurance Business Analyst
8 8 (5.33%) Banking Business Analyst
8 8 (5.33%) Investment Banking Business Analyst
9 7 (4.67%) Data Manager
9 7 (4.67%) Consultant
9 7 (4.67%) Team Leader
9 7 (4.67%) Data Governance Manager
9 7 (4.67%) Governance Manager
10 5 (3.33%) Solvency II Project Manager
10 5 (3.33%) OBIEE Architect
10 5 (3.33%) Oracle Architect
11 4 (2.67%) Graduate Software Engineer
Libraries, Frameworks & Software Standards
1 6 (4.00%) .NET
2 4 (2.67%) HTML
3 3 (2.00%) WCF
3 3 (2.00%) J2EE
3 3 (2.00%) ASP.NET
4 2 (1.33%) CSS
4 2 (1.33%) SOAP
4 2 (1.33%) XML
4 2 (1.33%) XBRL
4 2 (1.33%) .NET Framework
4 2 (1.33%) LINQ
4 2 (1.33%) jQuery
4 2 (1.33%) ADO.NET Entity Framework
4 2 (1.33%) CSS3
5 1 (0.67%) WPF
5 1 (0.67%) MDX
5 1 (0.67%) Web Services
Miscellaneous
1 17 (11.33%) Mathematics
2 13 (8.67%) Management Information System
3 12 (8.00%) Derivative
4 11 (7.33%) Fixed Income
4 11 (7.33%) Computer Science
5 9 (6.00%) Equities
5 9 (6.00%) Market Risk
6 8 (5.33%) Data Integration
6 8 (5.33%) Foreign Exchange (FX)
7 6 (4.00%) Analytical Skills
8 5 (3.33%) Algorithms
9 3 (2.00%) Hedge funds
9 3 (2.00%) Grid Computing
10 2 (1.33%) PMI
10 2 (1.33%) SWIFT
10 2 (1.33%) Visualisation
11 1 (0.67%) N-Tier
11 1 (0.67%) Credit Risk
Operating Systems
1 7 (4.67%) UNIX
2 6 (4.00%) Linux
3 3 (2.00%) Windows
Processes & Methodologies
1 43 (28.67%) Business Intelligence
2 38 (25.33%) Risk Management
3 32 (21.33%) Project Management
4 29 (19.33%) PRINCE2
4 29 (19.33%) Stakeholder Management
5 27 (18.00%) Data Governance
6 20 (13.33%) Data Modelling
7 16 (10.67%) Data Architecture
7 16 (10.67%) Analytics
8 15 (10.00%) Programme Management
8 15 (10.00%) Agile Software Development
9 14 (9.33%) Quality Management
10 13 (8.67%) ITIL
11 12 (8.00%) Business Analysis
12 11 (7.33%) User Acceptance Testing
12 11 (7.33%) Asset Management
12 11 (7.33%) Change Management
13 9 (6.00%) Scrum
14 8 (5.33%) GAP Analysis
15 7 (4.67%) ETL
Programming Languages
1 34 (22.67%) SQL
2 21 (14.00%) T-SQL
3 9 (6.00%) C
4 7 (4.67%) C#
5 6 (4.00%) Java
6 5 (3.33%) C++
7 4 (2.67%) VBA
7 4 (2.67%) Shell Script
7 4 (2.67%) MATLAB
8 3 (2.00%) Perl
9 2 (1.33%) VB.NET
10 1 (0.67%) Python
10 1 (0.67%) VBScript
10 1 (0.67%) VB
Qualifications
1 32 (21.33%) Degree
2 14 (9.33%) PMP
2 14 (9.33%) PMI Certification
3 12 (8.00%) PRINCE2 Certification
4 8 (5.33%) CRISC
4 8 (5.33%) CISSP
4 8 (5.33%) CISA
5 7 (4.67%) ISEB
6 4 (2.67%) ISTQB Foundation Certification
7 3 (2.00%) ACCA
7 3 (2.00%) CIMA
7 3 (2.00%) MBA
8 2 (1.33%) ISTQB
8 2 (1.33%) SC Cleared
8 2 (1.33%) Security Cleared
9 1 (0.67%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 29 (19.33%) Sarbanes-Oxley
2 28 (18.67%) Basel II
3 20 (13.33%) Basel III
4 12 (8.00%) Data Quality
4 12 (8.00%) QA
5 11 (7.33%) FATCA
6 8 (5.33%) EMIR
6 8 (5.33%) Dodd-Frank
7 3 (2.00%) UCITS
7 3 (2.00%) GAAP
8 2 (1.33%) PCI DSS
8 2 (1.33%) COREP
8 2 (1.33%) FINREP
9 1 (0.67%) CRD IV
System Software
1 1 (0.67%) Active Directory
Systems Management
1 3 (2.00%) Oracle EDQ
2 2 (1.33%) HP Quality Center
Vendors
1 16 (10.67%) Oracle
2 10 (6.67%) Business Objects
2 10 (6.67%) Microsoft
3 9 (6.00%) Algorithmics
3 9 (6.00%) SAP
4 8 (5.33%) Murex
4 8 (5.33%) Calypso
5 7 (4.67%) Cognos
6 4 (2.67%) TOWER Software
7 3 (2.00%) Salesforce.com
7 3 (2.00%) HP
8 2 (1.33%) IBM
8 2 (1.33%) Adobe
8 2 (1.33%) OpenLink
8 2 (1.33%) Tableau
8 2 (1.33%) Guidewire
9 1 (0.67%) Teradata
9 1 (0.67%) Charles River
9 1 (0.67%) Dell
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