Period
to 19 January 2020

The following table provides summary statistics for permanent job vacancies 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 19 January 2020 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
19 Jan 2020
Same period 2019 Same period 2018
Rank 933 994 1122
Rank change year-on-year +61 +128 -5
Permanent jobs citing Solvency II 79 129 87
As % of all permanent IT jobs advertised in the UK 0.063% 0.086% 0.050%
As % of the Quality Assurance & Compliance category 0.50% 0.62% 0.40%
Number of salaries quoted 69 116 78
UK median annual salary £60,000 £70,000 £57,500
Median salary % change year-on-year -14.29% +21.74% -6.12%
10th Percentile £53,750 £52,500 £38,750
90th Percentile £108,500 £90,000 £93,750
UK excluding London median annual salary £60,000 - £42,500

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 with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Permanent vacancies with a requirement for quality assurance or compliance skills 15,685 20,861 21,931
As % of all permanent IT jobs advertised in the UK 12.60% 13.85% 12.60%
Number of salaries quoted 12,036 15,313 16,893
UK median annual salary £52,000 £50,000 £50,000
Median salary % change year-on-year +4.00% - +5.26%
10th Percentile £28,500 £27,500 £27,500
90th Percentile £83,750 £80,000 £80,000
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

Solvency II
Job Vacancy Trend

Job postings citing Solvency II as a percentage of all IT jobs advertised.

Job vacancy trend for Solvency II 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.

Salary trend for Solvency II in the UK

Solvency II
Salary Histogram

The salary distribution of IT jobs citing Solvency II over the 6 months to 19 January 2020.

Salary histogram for Solvency II in the UK

Solvency II
Top 10 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Solvency II within the UK over the 6 months to 19 January 2020. 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
England +36 77 £62,000 -11.43% 8
UK excluding London +126 48 £60,000 - 4
London -7 31 £72,500 +3.57% 5
South East - 17 £105,000 - 2
West Midlands - 15 £60,000 -
Midlands - 15 £60,000 -
North West - 12 £60,000 -
North of England - 12 £60,000 -
Scotland - 2 £43,000 - 1
East of England - 2 £95,000 - 1

For the 6 months to 19 January 2020, 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 with a requirement for Solvency II.

1 69 (87.34%) Finance
2 46 (58.23%) Agile Software Development
3 36 (45.57%) Microsoft Excel
4 27 (34.18%) Dynamics GP
5 25 (31.65%) SQL
6 24 (30.38%) SQL Server Reporting Services
7 23 (29.11%) Project Management
8 21 (26.58%) Business Intelligence
8 21 (26.58%) PRINCE2
9 20 (25.32%) MiFID
9 20 (25.32%) SDLC
9 20 (25.32%) GDPR
10 19 (24.05%) Power BI
10 19 (24.05%) Power Platform
10 19 (24.05%) Data Analysis
11 18 (22.78%) Microsoft PowerPoint
11 18 (22.78%) Microsoft Project
11 18 (22.78%) Data Warehouse
11 18 (22.78%) MS Visio
11 18 (22.78%) PMP
11 18 (22.78%) Advertising
11 18 (22.78%) Waterfall
12 17 (21.52%) EMIR
12 17 (21.52%) Data Modelling
12 17 (21.52%) SQL Server
13 16 (20.25%) ETL
13 16 (20.25%) User Stories
13 16 (20.25%) Matrix Organization
13 16 (20.25%) Storytelling
14 15 (18.99%) Microsoft

Solvency II
Co-occurring IT Skills 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:

Application Platforms
1 6 (7.59%) SAS
2 5 (6.33%) Cloud Foundry
Applications
1 36 (45.57%) Microsoft Excel
2 18 (22.78%) Microsoft PowerPoint
2 18 (22.78%) Microsoft Project
2 18 (22.78%) MS Visio
Business Applications
1 27 (34.18%) Dynamics GP
Cloud Services
1 19 (24.05%) Power Platform
2 5 (6.33%) Amazon EC2
2 5 (6.33%) AWS
2 5 (6.33%) Azure
Communications & Networking
1 3 (3.80%) LAN
1 3 (3.80%) SAN
1 3 (3.80%) WAN
2 2 (2.53%) Internet
Database & Business Intelligence
1 24 (30.38%) SQL Server Reporting Services
2 19 (24.05%) Power BI
3 18 (22.78%) Data Warehouse
4 17 (21.52%) SQL Server
5 13 (16.46%) SQL Server Integration Services
6 5 (6.33%) Amazon RDS
7 3 (3.80%) SQL Server 2008
7 3 (3.80%) SQL Server 2016
Development Applications
1 6 (7.59%) Team Foundation Server
2 5 (6.33%) Atlassian Bamboo
2 5 (6.33%) Git (software)
3 2 (2.53%) Jenkins
3 2 (2.53%) Octopus Deploy
4 1 (1.27%) Visual Studio
General
1 69 (87.34%) Finance
2 18 (22.78%) Advertising
3 3 (3.80%) Telecoms
4 2 (2.53%) Law
5 1 (1.27%) Back Office
5 1 (1.27%) Banking
5 1 (1.27%) Corporate Banking
5 1 (1.27%) General Ledger
5 1 (1.27%) Investment Banking
Job Titles
1 39 (49.37%) Analyst
2 25 (31.65%) Business Analyst
3 17 (21.52%) Technical Analyst
3 17 (21.52%) Technical Business Analyst
4 12 (15.19%) Business Systems Analyst
4 12 (15.19%) Programme Manager
4 12 (15.19%) Senior Manager
5 11 (13.92%) Systems Analyst
6 10 (12.66%) Financial Analyst
6 10 (12.66%) Senior Programme Manager
7 9 (11.39%) Finance Systems Analyst
8 8 (10.13%) Developer
9 5 (6.33%) Agile Developer
9 5 (6.33%) Reinsurance Business Analyst
9 5 (6.33%) SQL Analyst
10 4 (5.06%) Report Analyst
10 4 (5.06%) Senior Analyst
10 4 (5.06%) Senior Systems Analyst
11 3 (3.80%) Data Analyst
11 3 (3.80%) Services Director
Libraries, Frameworks & Software Standards
1 5 (6.33%) AngularJS
1 5 (6.33%) JSON
1 5 (6.33%) REST
2 3 (3.80%) .NET
3 2 (2.53%) ASP.NET
3 2 (2.53%) HTML
4 1 (1.27%) Ajax
4 1 (1.27%) jQuery
Miscellaneous
1 13 (16.46%) Reinsurance
2 6 (7.59%) Analytical Skills
3 3 (3.80%) Data Centre
3 3 (3.80%) Derivative
4 2 (2.53%) Management Information System
4 2 (2.53%) Virtual Team
5 1 (1.27%) Data Structures
5 1 (1.27%) Reference Data
Operating Systems
1 3 (3.80%) Unix
Processes & Methodologies
1 46 (58.23%) Agile Software Development
2 23 (29.11%) Project Management
3 21 (26.58%) Business Intelligence
3 21 (26.58%) PRINCE2
4 20 (25.32%) SDLC
5 19 (24.05%) Data Analysis
6 18 (22.78%) Waterfall
7 17 (21.52%) Data Modelling
8 16 (20.25%) ETL
8 16 (20.25%) Matrix Organization
8 16 (20.25%) Storytelling
8 16 (20.25%) User Stories
9 15 (18.99%) Change Management
9 15 (18.99%) Matrix Management
10 14 (17.72%) Business Analysis
11 11 (13.92%) Budgeting and Forecasting
11 11 (13.92%) Data Protection
11 11 (13.92%) Software Engineering
12 10 (12.66%) User Acceptance Testing
13 9 (11.39%) Scrum
Programming Languages
1 25 (31.65%) SQL
2 8 (10.13%) T-SQL
3 7 (8.86%) JavaScript
4 5 (6.33%) Java
5 1 (1.27%) C#
Qualifications
1 18 (22.78%) PMP
2 1 (1.27%) CISA
2 1 (1.27%) Degree
2 1 (1.27%) Master's Degree
Quality Assurance & Compliance
1 20 (25.32%) GDPR
1 20 (25.32%) MiFID
2 17 (21.52%) EMIR
3 8 (10.13%) Sarbanes-Oxley
4 6 (7.59%) COBIT
4 6 (7.59%) QA
5 3 (3.80%) IFRS
5 3 (3.80%) SLA
6 2 (2.53%) Basel III
6 2 (2.53%) Data Quality
6 2 (2.53%) GAAP
6 2 (2.53%) IFRS 9
6 2 (2.53%) ISO/IEC 27001
6 2 (2.53%) NIST
6 2 (2.53%) Val IT
System Software
1 5 (6.33%) Docker
2 2 (2.53%) Active Directory
Systems Management
1 2 (2.53%) Opscode Chef
1 2 (2.53%) Puppet
1 2 (2.53%) Salt
Vendors
1 15 (18.99%) Microsoft
2 2 (2.53%) Cognos
3 1 (1.27%) BT
3 1 (1.27%) Tableau