Period
to 1 December 2021

The following table provides summary statistics for permanent job vacancies advertised in 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 1 December 2021 with a comparison to the same period in the previous 2 years.

Solvency II
England > London
6 months to
1 Dec 2021
Same period 2020 Same period 2019
Rank 707 481 715
Rank change year-on-year -226 +234 -22
Permanent jobs citing Solvency II 35 12 28
As % of all permanent jobs advertised in London 0.068% 0.055% 0.052%
As % of the Quality Assurance & Compliance category 0.45% 0.46% 0.41%
Number of salaries quoted 31 12 24
10th Percentile " £41,750 £48,250
25th Percentile £65,750 £46,250 £57,500
Median annual salary (50th Percentile) £70,000 £48,500 £72,500
Median % change year-on-year +44.33% -33.10% +3.57%
75th Percentile £89,250 £70,313 £87,188
90th Percentile " £75,188 £115,000
England median annual salary £72,500 £48,500 £62,000
% change year-on-year +49.48% -21.77% -11.43%

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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Permanent vacancies with a requirement for quality assurance or compliance skills 7,775 2,606 6,893
As % of all permanent IT jobs advertised in London 15.03% 11.92% 12.88%
Number of salaries quoted 5,077 2,143 5,346
10th Percentile £40,000 £41,250 £36,250
25th Percentile £50,000 £50,000 £46,250
Median annual salary (50th Percentile) £65,000 £65,000 £60,000
Median % change year-on-year - +8.33% -
75th Percentile £85,000 £82,500 £78,250
90th Percentile £101,250 £95,000 £93,375
England median annual salary £55,000 £55,000 £51,000
% change year-on-year - +7.84% +2.00%

Solvency II
Job Vacancy Trend in London

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

Job vacancy trend for Solvency II in London

Solvency II
Salary Trend in London

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

Salary trend for Solvency II in London

Solvency II
Salary Histogram in London

Salary distribution for jobs citing Solvency II in London over the 6 months to 1 December 2021.

Salary histogram for Solvency II in London

Solvency II
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Solvency II within the London region over the 6 months to 1 December 2021. 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
Job
Vacancies
Central London -45 11 £66,500 +37.11% 5
Solvency II
England

For the 6 months to 1 December 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 London region with a requirement for Solvency II.

1 33 (94.29%) Finance
2 23 (65.71%) Agile Software Development
3 19 (54.29%) IFRS
4 13 (37.14%) KYC
4 13 (37.14%) SQL
5 11 (31.43%) Microsoft Excel
5 11 (31.43%) ETL
6 10 (28.57%) Data Warehouse
6 10 (28.57%) Information Management
7 8 (22.86%) SQL Server Integration Services
7 8 (22.86%) Data Protection
7 8 (22.86%) Portfolio Management
7 8 (22.86%) Salesforce.com
7 8 (22.86%) Change Management
7 8 (22.86%) Kimball Methodology
7 8 (22.86%) SDLC
7 8 (22.86%) Scaled Agile Framework
7 8 (22.86%) Data Development
7 8 (22.86%) Project Delivery
7 8 (22.86%) Requirements Gathering
8 7 (20.00%) Migration
9 5 (14.29%) Analytical Skills
9 5 (14.29%) Reinsurance
10 4 (11.43%) Social Skills
10 4 (11.43%) Business Analysis
11 3 (8.57%) Investment Management
11 3 (8.57%) Data Architecture
11 3 (8.57%) Degree
11 3 (8.57%) MiFID
11 3 (8.57%) CIMA

Solvency II
Co-occurring IT Skills in 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 11 (31.43%) Microsoft Excel
2 2 (5.71%) Microsoft PowerPoint
3 1 (2.86%) Microsoft Office
Business Applications
1 1 (2.86%) SAP ERP
Cloud Services
1 1 (2.86%) Power Platform
Communications & Networking
1 2 (5.71%) Internet
Database & Business Intelligence
1 10 (28.57%) Data Warehouse
2 8 (22.86%) SQL Server Integration Services
3 2 (5.71%) Big Data
3 2 (5.71%) Relational Database
4 1 (2.86%) BusinessObjects
4 1 (2.86%) Crystal Reports
4 1 (2.86%) QlikView
General
1 33 (94.29%) Finance
2 5 (14.29%) Analytical Skills
3 4 (11.43%) Social Skills
4 3 (8.57%) Banking
5 2 (5.71%) Influencing Skills
5 2 (5.71%) Investment Banking
Job Titles
1 23 (65.71%) Analyst
2 8 (22.86%) Business Analyst
2 8 (22.86%) ETL Analyst
2 8 (22.86%) Excel Analyst
2 8 (22.86%) Regulatory Business Analyst
2 8 (22.86%) Risk Analyst
2 8 (22.86%) SQL Analyst
2 8 (22.86%) SSIS Analyst
2 8 (22.86%) Technical Analyst
3 7 (20.00%) Business Change Analyst
3 7 (20.00%) Business Change Business Analyst
3 7 (20.00%) Insurance Business Analyst
3 7 (20.00%) Product Analyst
3 7 (20.00%) Product Business Analyst
3 7 (20.00%) Risk Business Analyst
4 6 (17.14%) Data Analyst
4 6 (17.14%) Product Owner
5 4 (11.43%) Consultant
6 3 (8.57%) Senior Analyst
6 3 (8.57%) Senior Data Analyst
Libraries, Frameworks & Software Standards
1 1 (2.86%) XML
Miscellaneous
1 5 (14.29%) Reinsurance
2 1 (2.86%) Derivative
2 1 (2.86%) Market Risk
Processes & Methodologies
1 23 (65.71%) Agile Software Development
2 13 (37.14%) KYC
3 11 (31.43%) ETL
4 10 (28.57%) Information Management
5 8 (22.86%) Change Management
5 8 (22.86%) Data Development
5 8 (22.86%) Data Protection
5 8 (22.86%) Kimball Methodology
5 8 (22.86%) Portfolio Management
5 8 (22.86%) Project Delivery
5 8 (22.86%) Requirements Gathering
5 8 (22.86%) Scaled Agile Framework
5 8 (22.86%) SDLC
6 7 (20.00%) Migration
7 4 (11.43%) Business Analysis
8 3 (8.57%) Business Intelligence
8 3 (8.57%) Data Architecture
8 3 (8.57%) Data Modelling
8 3 (8.57%) Decision-Making
8 3 (8.57%) Investment Management
Programming Languages
1 13 (37.14%) SQL
2 1 (2.86%) C
Qualifications
1 3 (8.57%) ACCA
1 3 (8.57%) CIMA
1 3 (8.57%) Degree
Quality Assurance & Compliance
1 19 (54.29%) IFRS
2 3 (8.57%) Data Quality
2 3 (8.57%) MiFID
3 1 (2.86%) GDPR
3 1 (2.86%) SLA
Vendors
1 8 (22.86%) Salesforce.com
2 2 (5.71%) SAP
3 1 (2.86%) Microsoft
3 1 (2.86%) PeopleSoft