Period
to 15 June 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 15 June 2021 with a comparison to the same period in the previous 2 years.

Solvency II
England > London
6 months to
15 Jun 2021
Same period 2020 Same period 2019
Rank 592 568 676
Rank change year-on-year -24 +108 +108
Permanent jobs citing Solvency II 30 27 75
As % of all permanent jobs advertised in London 0.079% 0.077% 0.13%
As % of the Quality Assurance & Compliance category 0.60% 0.63% 0.97%
Number of salaries quoted 26 17 65
10th Percentile £47,125 £52,500 £46,750
25th Percentile £51,750 £56,250 £50,000
Median annual salary (50th Percentile) £61,250 £80,000 £55,000
Median % change year-on-year -23.44% +45.45% -
75th Percentile £74,688 £85,000 £72,500
90th Percentile £82,750 £102,250 £77,500
England median annual salary £63,750 £62,500 £55,000
% change year-on-year +2.00% +13.64% +4.76%

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 5,002 4,303 7,748
As % of all permanent IT jobs advertised in London 13.10% 12.33% 13.46%
Number of salaries quoted 3,353 3,331 5,994
10th Percentile £40,000 £38,750 £37,500
25th Percentile £50,000 £48,750 £46,250
Median annual salary (50th Percentile) £65,000 £65,000 £60,000
Median % change year-on-year - +8.33% -
75th Percentile £82,500 £80,000 £78,750
90th Percentile £95,000 £96,250 £95,000
England median annual salary £55,000 £55,000 £50,000
% change year-on-year - +10.00% -

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 15 June 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 15 June 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 +28 7 £53,500 -6.96% 4
Solvency II
England

For the 6 months to 15 June 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 25 (83.33%) Finance
2 12 (40.00%) Social Skills
3 11 (36.67%) IFRS
4 10 (33.33%) Analytical Skills
5 9 (30.00%) Microsoft Excel
6 8 (26.67%) Microsoft
6 8 (26.67%) Mathematics
6 8 (26.67%) Problem-Solving
7 7 (23.33%) Data Protection
7 7 (23.33%) Analytics
7 7 (23.33%) Management Information System
8 6 (20.00%) Degree
8 6 (20.00%) Workflow
8 6 (20.00%) Agile Software Development
8 6 (20.00%) GDPR
8 6 (20.00%) KYC
9 5 (16.67%) Decision-Making
9 5 (16.67%) R
9 5 (16.67%) Business Analysis
9 5 (16.67%) Risk Management
9 5 (16.67%) Python
9 5 (16.67%) XML
9 5 (16.67%) C++
9 5 (16.67%) SQL
9 5 (16.67%) Project Delivery
10 4 (13.33%) Business Intelligence
10 4 (13.33%) Information Security Management
10 4 (13.33%) Security Management
10 4 (13.33%) Data Analysis
10 4 (13.33%) Information Security

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 9 (30.00%) Microsoft Excel
2 3 (10.00%) Microsoft PowerPoint
3 1 (3.33%) Microsoft Office
3 1 (3.33%) Spreadsheet
Cloud Services
1 2 (6.67%) AWS
1 2 (6.67%) Azure
1 2 (6.67%) Microsoft 365
2 1 (3.33%) Dynamics 365
2 1 (3.33%) Power Platform
Communications & Networking
1 3 (10.00%) Internet
2 2 (6.67%) Network Security
Database & Business Intelligence
1 3 (10.00%) Relational Database
2 2 (6.67%) Big Data
2 2 (6.67%) BusinessObjects
2 2 (6.67%) Data Warehouse
3 1 (3.33%) Power BI
3 1 (3.33%) SQL Server Reporting Services
General
1 25 (83.33%) Finance
2 12 (40.00%) Social Skills
3 10 (33.33%) Analytical Skills
4 3 (10.00%) Banking
4 3 (10.00%) Investment Banking
5 2 (6.67%) Telecoms
6 1 (3.33%) General Ledger
6 1 (3.33%) Publishing
Job Titles
1 21 (70.00%) Analyst
2 8 (26.67%) Business Analyst
2 8 (26.67%) Risk Analyst
3 6 (20.00%) Actuarial Analyst
3 6 (20.00%) Regulatory Business Analyst
4 5 (16.67%) Configuration Analyst
4 5 (16.67%) Excel Analyst
4 5 (16.67%) XML Analyst
5 4 (13.33%) Financial Analyst
6 3 (10.00%) Business Change Analyst
6 3 (10.00%) Data Analyst
6 3 (10.00%) Information Analyst
6 3 (10.00%) Information Risk Analyst
6 3 (10.00%) Information Security Analyst
6 3 (10.00%) Insurance Business Analyst
6 3 (10.00%) Product Analyst
6 3 (10.00%) Product Owner
6 3 (10.00%) Risk Business Analyst
6 3 (10.00%) Security Analyst
6 3 (10.00%) Security Risk Analyst
Libraries, Frameworks & Software Standards
1 5 (16.67%) XML
Miscellaneous
1 7 (23.33%) Management Information System
2 3 (10.00%) Reinsurance
3 2 (6.67%) Public Cloud
4 1 (3.33%) Market Risk
Processes & Methodologies
1 8 (26.67%) Mathematics
1 8 (26.67%) Problem-Solving
2 7 (23.33%) Analytics
2 7 (23.33%) Data Protection
3 6 (20.00%) Agile Software Development
3 6 (20.00%) KYC
3 6 (20.00%) Workflow
4 5 (16.67%) Business Analysis
4 5 (16.67%) Decision-Making
4 5 (16.67%) Project Delivery
4 5 (16.67%) Risk Management
5 4 (13.33%) Business Intelligence
5 4 (13.33%) Data Analysis
5 4 (13.33%) Information Security
5 4 (13.33%) Information Security Management
5 4 (13.33%) ISMS
5 4 (13.33%) Security Management
6 3 (10.00%) Data Governance
6 3 (10.00%) Migration
6 3 (10.00%) System Testing
Programming Languages
1 5 (16.67%) C++
1 5 (16.67%) Python
1 5 (16.67%) R
1 5 (16.67%) SQL
2 1 (3.33%) C
Qualifications
1 6 (20.00%) Degree
2 2 (6.67%) ACCA
2 2 (6.67%) CIMA
Quality Assurance & Compliance
1 11 (36.67%) IFRS
2 6 (20.00%) GDPR
3 4 (13.33%) Data Quality
3 4 (13.33%) ISO/IEC 27001
3 4 (13.33%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 3 (10.00%) MiFID
5 1 (3.33%) AIFMD
5 1 (3.33%) UCITS
System Software
1 2 (6.67%) Active Directory
1 2 (6.67%) Hyper-V
1 2 (6.67%) VMware Infrastructure
1 2 (6.67%) XenApp
Vendors
1 8 (26.67%) Microsoft
2 2 (6.67%) Citrix
2 2 (6.67%) SAP
2 2 (6.67%) VMware
3 1 (3.33%) MicroStrategy
3 1 (3.33%) Vermilion