Period
to 20 February 2019

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 20 February 2019 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
20 Feb 2019
Same period 2018 Same period 2017
Rank 968 1108 1112
Rank change year-on-year +140 +4 -43
Permanent jobs citing Solvency II 124 106 86
As % of all permanent IT jobs advertised in the UK 0.082% 0.060% 0.049%
As % of the Quality Assurance & Compliance category 0.59% 0.47% 0.40%
Number of salaries quoted 113 94 75
UK median annual salary £70,000 £52,500 £60,000
Median salary % change year-on-year +33.33% -12.50% +4.35%
10th Percentile £51,250 £38,750 £43,250
90th Percentile £88,500 £91,125 £85,750
UK excluding London median annual salary £65,000 £42,500 £59,960
% change year-on-year +52.94% -29.12% +14.21%

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 20,941 22,460 21,621
As % of all permanent IT jobs advertised in the UK 13.83% 12.71% 12.37%
Number of salaries quoted 15,357 17,472 17,138
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £27,500 £27,500 £26,250
90th Percentile £80,000 £80,000 £77,500
UK excluding London median annual salary £45,000 £42,750 £42,500
% change year-on-year +5.26% +0.59% -

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 20 February 2019.

Salary histogram for Solvency II in the UK

Solvency II
Top 5 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 20 February 2019. 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 +94 123 £70,000 +33.33% 18
London +89 122 £70,000 +27.27% 18
UK excluding London +73 2 £65,000 +52.94%
Scotland +9 1 £65,000 -40.91%
East of England - 1 - -

For the 6 months to 20 February 2019, 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 90 (72.58%) Finance
2 46 (37.10%) IFRS
3 45 (36.29%) Banking
4 40 (32.26%) Business Intelligence
5 39 (31.45%) Dodd-Frank
6 38 (30.65%) SQL
7 36 (29.03%) GDPR
8 32 (25.81%) Anti-Money Laundering
8 32 (25.81%) Data Warehouse
9 29 (23.39%) Data Management
10 26 (20.97%) Degree
10 26 (20.97%) Data Quality
11 25 (20.16%) Analytics
12 22 (17.74%) Data Governance
12 22 (17.74%) FATCA
12 22 (17.74%) SQL Server Reporting Services
13 21 (16.94%) Migration
13 21 (16.94%) Business Analysis
14 20 (16.13%) Big Data
15 19 (15.32%) ETL
15 19 (15.32%) Microsoft Excel
16 18 (14.52%) Project Management
16 18 (14.52%) SQL Server Analysis Services
16 18 (14.52%) Data Migration
17 17 (13.71%) Data Architecture
17 17 (13.71%) IFRS 9
17 17 (13.71%) QlikView
18 16 (12.90%) Retail
18 16 (12.90%) Data Lineage
18 16 (12.90%) Visualisation

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 9 (7.26%) SAS
2 1 (0.81%) Apache Spark
Applications
1 19 (15.32%) Microsoft Excel
2 5 (4.03%) Microsoft PowerPoint
2 5 (4.03%) MS Visio
Business Applications
1 9 (7.26%) Salesforce.com CRM
2 6 (4.84%) Cognos TM1
3 3 (2.42%) SAP FS
Cloud Services
1 9 (7.26%) Salesforce Sales Cloud
2 6 (4.84%) Microsoft Azure
3 5 (4.03%) Amazon AWS
4 1 (0.81%) Cortana Intelligence Suite
4 1 (0.81%) Office 365
4 1 (0.81%) Siri
Communications & Networking
1 2 (1.61%) LAN
1 2 (1.61%) SAN
1 2 (1.61%) VoIP
1 2 (1.61%) WAN
2 1 (0.81%) Unified Communications
Database & Business Intelligence
1 32 (25.81%) Data Warehouse
2 22 (17.74%) SQL Server Reporting Services
3 20 (16.13%) Big Data
4 18 (14.52%) SQL Server Analysis Services
5 17 (13.71%) QlikView
6 13 (10.48%) SQL Server Integration Services
7 11 (8.87%) Power BI
8 9 (7.26%) SQL Server
9 6 (4.84%) ActiveReports
9 6 (4.84%) Cognos Framework Manager
9 6 (4.84%) Cognos Report Studio
10 5 (4.03%) Hadoop
11 4 (3.23%) NoSQL
12 3 (2.42%) BusinessObjects
13 2 (1.61%) Data Lake
13 2 (1.61%) Enterprise Data Warehouse
13 2 (1.61%) IBM InfoSphere
13 2 (1.61%) Microsoft Analysis Services
14 1 (0.81%) HBase
14 1 (0.81%) Qlik Sense
Development Applications
1 6 (4.84%) Eclipse
2 4 (3.23%) JIRA
2 4 (3.23%) Subversion
3 3 (2.42%) Team Foundation Server
General
1 90 (72.58%) Finance
2 45 (36.29%) Banking
3 16 (12.90%) Retail
4 15 (12.10%) Financial Institution
5 11 (8.87%) Investment Banking
6 7 (5.65%) Advertising
7 5 (4.03%) Telecoms
8 4 (3.23%) Legal
9 3 (2.42%) Back Office
10 1 (0.81%) Retail Banking
Job Titles
1 37 (29.84%) Analyst
2 28 (22.58%) Data Manager
3 22 (17.74%) Business Analyst
4 18 (14.52%) Business Intelligence Analyst
5 17 (13.71%) Insurance Business Analyst
6 15 (12.10%) Business Intelligence Business Analyst
6 15 (12.10%) Developer
7 13 (10.48%) Data Migration Manager
7 13 (10.48%) Migration Manager
8 10 (8.06%) Project Manager
9 9 (7.26%) Administrator
9 9 (7.26%) Cloud Administrator
9 9 (7.26%) Salesforce Administrator
10 7 (5.65%) Analyst Developer
10 7 (5.65%) Consultant
10 7 (5.65%) Senior Manager
11 6 (4.84%) Data Consultant
11 6 (4.84%) Senior Developer
11 6 (4.84%) SQL Analyst
11 6 (4.84%) TM1 Developer
Libraries, Frameworks & Software Standards
1 3 (2.42%) XML
2 1 (0.81%) D3.js
2 1 (0.81%) Natural Language Processing
Miscellaneous
1 15 (12.10%) Taxonomies
2 6 (4.84%) Analytical Skills
3 5 (4.03%) Management Information System
3 5 (4.03%) Robotics
4 4 (3.23%) Equities
5 3 (2.42%) Algorithms
5 3 (2.42%) Reinsurance
5 3 (2.42%) SWIFT
6 2 (1.61%) Data Centre
6 2 (1.61%) Embedded Systems
6 2 (1.61%) Market Risk
7 1 (0.81%) Fixed Income
7 1 (0.81%) Grid Computing
7 1 (0.81%) Private Cloud
7 1 (0.81%) Public Cloud
Operating Systems
1 14 (11.29%) Unix
2 9 (7.26%) Windows
Processes & Methodologies
1 40 (32.26%) Business Intelligence
2 32 (25.81%) Anti-Money Laundering
3 29 (23.39%) Data Management
4 25 (20.16%) Analytics
5 22 (17.74%) Data Governance
6 21 (16.94%) Business Analysis
6 21 (16.94%) Migration
7 19 (15.32%) ETL
8 18 (14.52%) Data Migration
8 18 (14.52%) Project Management
9 17 (13.71%) Data Architecture
10 16 (12.90%) Data Lineage
10 16 (12.90%) Data Science
10 16 (12.90%) Visualisation
11 15 (12.10%) Data Visualisation
12 14 (11.29%) Change Management
12 14 (11.29%) Data Modelling
13 13 (10.48%) Data Protection
13 13 (10.48%) Stakeholder Management
14 12 (9.68%) Business Transformation
Programming Languages
1 38 (30.65%) SQL
2 8 (6.45%) VBA
3 7 (5.65%) Python
3 7 (5.65%) T-SQL
4 5 (4.03%) R
5 4 (3.23%) C++
6 3 (2.42%) Shell Script
7 2 (1.61%) C
7 2 (1.61%) C#
8 1 (0.81%) Java
8 1 (0.81%) MATLAB
Qualifications
1 26 (20.97%) Degree
2 5 (4.03%) PMP
3 4 (3.23%) PMI Certification
4 3 (2.42%) ACCA
4 3 (2.42%) CIMA
4 3 (2.42%) MBA
5 1 (0.81%) Computer Science Degree
Quality Assurance & Compliance
1 46 (37.10%) IFRS
2 39 (31.45%) Dodd-Frank
3 36 (29.03%) GDPR
4 26 (20.97%) Data Quality
5 22 (17.74%) FATCA
6 17 (13.71%) IFRS 9
7 7 (5.65%) Sarbanes-Oxley
8 5 (4.03%) MiFID
9 4 (3.23%) Basel III
10 3 (2.42%) CRD IV
11 2 (1.61%) COBIT
12 1 (0.81%) SLA
System Software
1 1 (0.81%) Hyper-V
1 1 (0.81%) VMware Infrastructure
Systems Management
1 1 (0.81%) Cisco CUCM
1 1 (0.81%) SCCM
1 1 (0.81%) SCOM
1 1 (0.81%) SCOrch
Vendors
1 13 (10.48%) Tableau
2 9 (7.26%) Cognos
2 9 (7.26%) IBM
2 9 (7.26%) Salesforce.com
3 8 (6.45%) Informatica
4 6 (4.84%) GoldenSource
4 6 (4.84%) Microsoft
5 5 (4.03%) Cloudera
5 5 (4.03%) Google
6 4 (3.23%) Hortonworks
6 4 (3.23%) Perforce
7 3 (2.42%) SAP
7 3 (2.42%) Syncsort
7 3 (2.42%) Trillium
8 1 (0.81%) Apple
8 1 (0.81%) VMware