Stochastic Modelling Jobs in the UK excluding London

Stochastic Modelling
UK > UK excluding London

The following table provides summary statistics for permanent job vacancies advertised in the UK excluding London with a requirement for Stochastic Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Stochastic Modelling over the 6 months to 5 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 766 757 844
Rank change year-on-year -9 +87 -161
Permanent jobs citing Stochastic Modelling 5 5 5
As % of all permanent jobs advertised in the UK excluding London 0.007% 0.008% 0.007%
As % of the Processes & Methodologies category 0.008% 0.009% 0.007%
Number of salaries quoted 5 3 4
10th Percentile £58,500 £59,500 £55,750
25th Percentile £60,000 £60,625 £56,875
Median annual salary (50th Percentile) £65,000 £65,000 £62,500
Median % change year-on-year - +4.00% +38.89%
75th Percentile £70,000 £75,000 £70,625
90th Percentile £71,500 £79,500 £76,250
UK median annual salary £65,000 £65,000 £62,500
% change year-on-year - +4.00% +38.89%

All Process and Methodology Skills
UK excluding London

Stochastic Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in the UK excluding London with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 59,358 58,642 66,863
As % of all permanent jobs advertised in the UK excluding London 84.33% 95.62% 94.03%
Number of salaries quoted 41,086 30,131 41,542
10th Percentile £27,004 £30,500 £30,000
25th Percentile £36,250 £40,000 £38,750
Median annual salary (50th Percentile) £50,000 £55,000 £52,500
Median % change year-on-year -9.09% +4.76% +9.38%
75th Percentile £65,000 £70,000 £67,500
90th Percentile £77,500 £82,500 £80,000
UK median annual salary £55,000 £61,500 £60,000
% change year-on-year -10.57% +2.50% +9.09%

Stochastic Modelling
Job Vacancy Trend in the UK excluding London

Job postings citing Stochastic Modelling as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for Stochastic Modelling in the UK excluding London

Stochastic Modelling
Salary Trend in the UK excluding London

3-month moving average salary quoted in jobs citing Stochastic Modelling in the UK excluding London.

Salary trend for Stochastic Modelling in the UK excluding London

Stochastic Modelling
Job Locations in the UK excluding London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Stochastic Modelling within the UK excluding London region over the 6 months to 5 May 2024. 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
Jobs
South West -24 5 £65,000 -
Stochastic Modelling
UK

Stochastic Modelling
Co-occurring Skills and Capabilities in the UK excluding London by Category

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

Job Titles
1 5 (100.00%) Data Scientist
2 1 (20.00%) Senior
2 1 (20.00%) Senior Data Scientist
Libraries, Frameworks & Software Standards
1 5 (100.00%) Keras
1 5 (100.00%) NumPy
1 5 (100.00%) Pandas
1 5 (100.00%) PyTorch
1 5 (100.00%) scikit-learn
1 5 (100.00%) SpaCy
1 5 (100.00%) Statsmodels
1 5 (100.00%) TensorFlow
Miscellaneous
1 1 (20.00%) Reinsurance
Processes & Methodologies
1 5 (100.00%) Agile
1 5 (100.00%) Analytics
1 5 (100.00%) Bayesian Methods
1 5 (100.00%) Data Analysis
1 5 (100.00%) Data Science
1 5 (100.00%) Data Visualisation
1 5 (100.00%) Deep Learning
1 5 (100.00%) Exploratory Data Analysis
1 5 (100.00%) Machine Learning
1 5 (100.00%) Natural Language Processing
1 5 (100.00%) Statistics
1 5 (100.00%) Visualisation
2 4 (80.00%) Actionable Insight
2 4 (80.00%) Cybersecurity
2 4 (80.00%) Data Analytics
3 1 (20.00%) Computer Science
3 1 (20.00%) Mathematics
3 1 (20.00%) Risk Management
3 1 (20.00%) Software Engineering
Programming Languages
1 5 (100.00%) Python
1 5 (100.00%) SQL
Qualifications
1 1 (20.00%) Degree
Vendors
1 5 (100.00%) Dataiku
2 1 (20.00%) Databricks