Period
to 26 September 2021

The following table provides summary statistics for permanent job vacancies advertised in the City of London with a requirement for Solvency II skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Solvency II over the 6 months to 26 September 2021 with a comparison to the same period in the previous 2 years.

Solvency II
Central London > City of London
6 months to
26 Sep 2021
Same period 2020 Same period 2019
Rank 236 193 320
Rank change year-on-year -43 +127 +3
Permanent jobs citing Solvency II 10 4 18
As % of all permanent jobs advertised in the City of London 0.17% 0.11% 0.18%
As % of the Quality Assurance & Compliance category 0.99% 0.97% 1.34%
Number of salaries quoted 10 4 18
10th Percentile " " "
25th Percentile £51,750 £47,750 £47,500
Median annual salary (50th Percentile) £55,750 £48,500 £52,500
Median % change year-on-year +14.95% -7.62% -12.50%
75th Percentile £72,875 £49,250 £69,688
90th Percentile £77,500 " £97,500
Central London median annual salary £55,750 £48,500 £52,500
% change year-on-year +14.95% -7.62% -12.50%

Solvency II is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Permanent vacancies with a requirement for quality assurance or compliance skills 1,012 414 1,346
As % of all permanent IT jobs advertised in the City of London 17.30% 11.01% 13.32%
Number of salaries quoted 896 356 1,139
10th Percentile £42,500 £42,500 £36,250
25th Percentile £51,195 £47,750 £47,500
Median annual salary (50th Percentile) £67,500 £65,000 £65,000
Median % change year-on-year +3.85% - +8.33%
75th Percentile £85,000 £83,750 £82,500
90th Percentile £101,250 £96,875 £100,000
Central London median annual salary £65,000 £66,000 £65,000
% change year-on-year -1.52% +1.54% +8.33%

Solvency II
Job Vacancy Trend in the City of London

Job postings citing Solvency II as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Solvency II in the City of London

Solvency II
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Solvency II in the City of London.

Salary trend for Solvency II in the City of London

Solvency II
Salary Histogram in the City of London

Salary distribution for jobs citing Solvency II in the City of London over the 6 months to 26 September 2021.

Salary histogram for Solvency II in the City of London

For the 6 months to 26 September 2021, IT jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the City of London region with a requirement for Solvency II.

1 10 (100.00%) Finance
2 8 (80.00%) Business Analysis
3 7 (70.00%) Data Protection
3 7 (70.00%) Degree
3 7 (70.00%) Microsoft
3 7 (70.00%) Analytical Skills
3 7 (70.00%) Problem-Solving
4 5 (50.00%) Analytics
4 5 (50.00%) Workflow
4 5 (50.00%) C++
4 5 (50.00%) XML
4 5 (50.00%) Python
4 5 (50.00%) Microsoft Excel
4 5 (50.00%) R
4 5 (50.00%) Mathematics
5 3 (30.00%) MiFID
5 3 (30.00%) Data Modelling
6 2 (20.00%) Active Directory
6 2 (20.00%) Citrix
6 2 (20.00%) VMware
6 2 (20.00%) ITIL
6 2 (20.00%) Service Delivery
6 2 (20.00%) Management Information System
6 2 (20.00%) Telecoms
6 2 (20.00%) Microsoft 365
6 2 (20.00%) VMware Infrastructure
6 2 (20.00%) Hyper-V
6 2 (20.00%) XenApp
6 2 (20.00%) Azure
6 2 (20.00%) AWS

Solvency II
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 5 (50.00%) Microsoft Excel
Cloud Services
1 2 (20.00%) AWS
1 2 (20.00%) Azure
1 2 (20.00%) Microsoft 365
Communications & Networking
1 2 (20.00%) Network Security
General
1 10 (100.00%) Finance
2 7 (70.00%) Analytical Skills
3 2 (20.00%) Social Skills
3 2 (20.00%) Telecoms
4 1 (10.00%) Banking
Job Titles
1 8 (80.00%) Analyst
2 5 (50.00%) Actuarial Analyst
2 5 (50.00%) Configuration Analyst
2 5 (50.00%) Excel Analyst
2 5 (50.00%) XML Analyst
3 3 (30.00%) Data Analyst
3 3 (30.00%) Senior Analyst
3 3 (30.00%) Senior Data Analyst
4 2 (20.00%) Active Directory Engineer
4 2 (20.00%) AWS Engineer
4 2 (20.00%) AWS Infrastructure Engineer
4 2 (20.00%) Azure Engineer
4 2 (20.00%) Azure Infrastructure Engineer
4 2 (20.00%) Infrastructure Engineer
4 2 (20.00%) Microsoft 365 Engineer
4 2 (20.00%) Virtualisation Engineer
Libraries, Frameworks & Software Standards
1 5 (50.00%) XML
Miscellaneous
1 2 (20.00%) Management Information System
1 2 (20.00%) Public Cloud
2 1 (10.00%) Derivative
Processes & Methodologies
1 8 (80.00%) Business Analysis
2 7 (70.00%) Data Protection
2 7 (70.00%) Problem-Solving
3 5 (50.00%) Analytics
3 5 (50.00%) Mathematics
3 5 (50.00%) Workflow
4 3 (30.00%) Data Modelling
5 2 (20.00%) Decision-Making
5 2 (20.00%) Infrastructure Engineering
5 2 (20.00%) Investment Management
5 2 (20.00%) ITIL
5 2 (20.00%) Service Delivery
Programming Languages
1 5 (50.00%) C++
1 5 (50.00%) Python
1 5 (50.00%) R
Qualifications
1 7 (70.00%) Degree
Quality Assurance & Compliance
1 3 (30.00%) MiFID
System Software
1 2 (20.00%) Active Directory
1 2 (20.00%) Hyper-V
1 2 (20.00%) VMware Infrastructure
1 2 (20.00%) XenApp
Vendors
1 7 (70.00%) Microsoft
2 2 (20.00%) Citrix
2 2 (20.00%) VMware