Period
to 18 August 2018

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 18 August 2018 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
18 Aug 2018
Same period 2017 Same period 2016
Rank 1094 1121 1119
Rank change year-on-year +27 -2 -20
Permanent jobs citing Solvency II 75 72 149
As % of all permanent IT jobs advertised in the UK 0.044% 0.041% 0.075%
As % of the Quality Assurance & Compliance category 0.33% 0.33% 0.57%
Number of salaries quoted 64 71 127
UK median annual salary £75,000 £70,000 £62,500
Median salary % change year-on-year +7.14% +12.00% -3.85%
10th Percentile £41,250 £41,250 £37,500
90th Percentile £93,000 £83,750 £87,750
UK excluding London median annual salary £40,000 £63,750 £49,765
% change year-on-year -37.25% +28.10% -9.52%

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 23,018 21,664 26,111
As % of all permanent IT jobs advertised in the UK 13.52% 12.22% 13.21%
Number of salaries quoted 17,418 16,220 20,740
UK median annual salary £50,000 £48,500 £48,500
Median salary % change year-on-year +3.09% - +7.78%
10th Percentile £28,750 £27,000 £26,750
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +6.25%

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 18 August 2018.

Salary histogram for Solvency II in the UK

Solvency II
Top 6 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 18 August 2018. 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 +47 74 £75,000 +7.14% 10
London +57 71 £75,000 +7.14% 6
UK excluding London +19 4 £40,000 -37.25% 4
South East -12 2 £40,000 -39.62%
Scotland -6 1 £80,000 -1.23%
South West - 1 - - 1

For the 6 months to 18 August 2018, 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 52 (69.33%) Finance
2 30 (40.00%) Data Quality
3 28 (37.33%) IFRS
4 27 (36.00%) GDPR
4 27 (36.00%) Dodd-Frank
5 25 (33.33%) Data Governance
5 25 (33.33%) Banking
6 20 (26.67%) SQL
7 17 (22.67%) FATCA
8 16 (21.33%) Big Data
8 16 (21.33%) IFRS 9
8 16 (21.33%) Financial Institution
8 16 (21.33%) Data Management
9 14 (18.67%) Degree
9 14 (18.67%) Business Intelligence
9 14 (18.67%) Visualisation
10 13 (17.33%) Data Science
11 12 (16.00%) Anti-Money Laundering
11 12 (16.00%) Sarbanes-Oxley
11 12 (16.00%) Data Migration
11 12 (16.00%) Migration
12 11 (14.67%) Microsoft Excel
12 11 (14.67%) Power BI
12 11 (14.67%) Line Management
12 11 (14.67%) Data Visualisation
13 10 (13.33%) Analytics
13 10 (13.33%) Risk Management
13 10 (13.33%) QlikView
13 10 (13.33%) Business Analysis
14 9 (12.00%) Performance Management

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 7 (9.33%) SAS
2 3 (4.00%) Apache Spark
3 1 (1.33%) SharePoint
Applications
1 11 (14.67%) Microsoft Excel
2 5 (6.67%) MS Visio
3 3 (4.00%) Microsoft PowerPoint
4 1 (1.33%) Microsoft Office
Cloud Services
1 2 (2.67%) Amazon AWS
1 2 (2.67%) Cortana Intelligence Suite
1 2 (2.67%) Force.com
1 2 (2.67%) Microsoft Azure
1 2 (2.67%) Salesforce Service Cloud
Database & Business Intelligence
1 16 (21.33%) Big Data
2 11 (14.67%) Power BI
3 10 (13.33%) QlikView
4 9 (12.00%) Data Warehouse
5 5 (6.67%) SQL Server
5 5 (6.67%) SQL Server Reporting Services
6 4 (5.33%) SQL Server Analysis Services
7 3 (4.00%) Apache Hive
7 3 (4.00%) Hadoop
7 3 (4.00%) MongoDB
7 3 (4.00%) SQL Server Integration Services
8 2 (2.67%) Apache Cassandra
8 2 (2.67%) HBase
8 2 (2.67%) Neo4j
9 1 (1.33%) SAS EBI
Development Applications
1 2 (2.67%) Ant
2 1 (1.33%) JIRA
2 1 (1.33%) SQL Server Management Studio (SSMS)
2 1 (1.33%) Subversion
General
1 52 (69.33%) Finance
2 25 (33.33%) Banking
3 16 (21.33%) Financial Institution
4 4 (5.33%) Advertising
5 3 (4.00%) Legal
6 2 (2.67%) Front Office
6 2 (2.67%) Marketing
7 1 (1.33%) Back Office
Job Titles
1 28 (37.33%) Data Manager
2 22 (29.33%) Analyst
3 12 (16.00%) Business Analyst
3 12 (16.00%) Data Governance Analyst
3 12 (16.00%) Data Governance Manager
3 12 (16.00%) Governance Manager
4 11 (14.67%) Data Migration Manager
4 11 (14.67%) Migration Manager
5 10 (13.33%) Consultant
6 9 (12.00%) Data Consultant
7 7 (9.33%) Data Analyst
7 7 (9.33%) Senior Consultant
8 5 (6.67%) Insurance Business Analyst
8 5 (6.67%) Management Consultant
9 4 (5.33%) Business Intelligence Analyst
9 4 (5.33%) Data Quality Analyst
9 4 (5.33%) Financial Analyst
9 4 (5.33%) Senior Management Consultant
9 4 (5.33%) Technical Analyst
9 4 (5.33%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 3 (4.00%) D3.js
2 2 (2.67%) CSS
2 2 (2.67%) DHTML
2 2 (2.67%) HTML
2 2 (2.67%) J2EE
2 2 (2.67%) J2SE
2 2 (2.67%) JSON
2 2 (2.67%) Natural Language Processing
2 2 (2.67%) REST
2 2 (2.67%) SOAP
2 2 (2.67%) Visualforce
2 2 (2.67%) Web Services
2 2 (2.67%) XML
3 1 (1.33%) Flash
Miscellaneous
1 5 (6.67%) Analytical Skills
2 4 (5.33%) Taxonomies
3 3 (4.00%) Data Structures
3 3 (4.00%) Self-Motivation
4 2 (2.67%) Data Protection Act
4 2 (2.67%) Reinsurance
5 1 (1.33%) Algorithms
5 1 (1.33%) Management Information System
Operating Systems
1 1 (1.33%) Unix
Processes & Methodologies
1 25 (33.33%) Data Governance
2 16 (21.33%) Data Management
3 14 (18.67%) Business Intelligence
3 14 (18.67%) Visualisation
4 13 (17.33%) Data Science
5 12 (16.00%) Anti-Money Laundering
5 12 (16.00%) Data Migration
5 12 (16.00%) Migration
6 11 (14.67%) Data Visualisation
6 11 (14.67%) Line Management
7 10 (13.33%) Analytics
7 10 (13.33%) Business Analysis
7 10 (13.33%) Risk Management
8 9 (12.00%) Performance Management
9 7 (9.33%) Data Validation
9 7 (9.33%) Stakeholder Management
9 7 (9.33%) Validation
10 6 (8.00%) Coaching
10 6 (8.00%) Data Analytics
11 5 (6.67%) Cybersecurity
Programming Languages
1 20 (26.67%) SQL
2 6 (8.00%) R
3 4 (5.33%) Python
4 3 (4.00%) VB
5 2 (2.67%) Apex Code
5 2 (2.67%) Java
5 2 (2.67%) JavaScript
5 2 (2.67%) PL/SQL
5 2 (2.67%) SOQL
5 2 (2.67%) SOSL
6 1 (1.33%) C++
6 1 (1.33%) Shell Script
6 1 (1.33%) T-SQL
6 1 (1.33%) VBA
Qualifications
1 14 (18.67%) Degree
2 3 (4.00%) ISEB
3 2 (2.67%) PMI Certification
3 2 (2.67%) PMP
4 1 (1.33%) ACCA
4 1 (1.33%) CIMA
4 1 (1.33%) MBA
Quality Assurance & Compliance
1 30 (40.00%) Data Quality
2 28 (37.33%) IFRS
3 27 (36.00%) Dodd-Frank
3 27 (36.00%) GDPR
4 17 (22.67%) FATCA
5 16 (21.33%) IFRS 9
6 12 (16.00%) Sarbanes-Oxley
7 8 (10.67%) QA
8 4 (5.33%) MiFID
9 3 (4.00%) COBIT
9 3 (4.00%) COSO
10 2 (2.67%) EMIR
11 1 (1.33%) AIFMD
11 1 (1.33%) Basel II
11 1 (1.33%) SLA
Systems Management
1 2 (2.67%) SCOM
Vendors
1 7 (9.33%) Microsoft
1 7 (9.33%) Tableau
2 3 (4.00%) GoldenSource
2 3 (4.00%) Informatica
3 2 (2.67%) Apple
3 2 (2.67%) Google
3 2 (2.67%) IBM
3 2 (2.67%) MicroStrategy
3 2 (2.67%) Oracle
3 2 (2.67%) Pardot
3 2 (2.67%) Salesforce.com
4 1 (1.33%) Algorithmics
4 1 (1.33%) Perforce