Period
to 19 July 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 19 July 2019 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
19 Jul 2019
Same period 2018 Same period 2017
Rank 999 1134 1128
Rank change year-on-year +135 -6 +2
Permanent jobs citing Solvency II 83 75 75
As % of all permanent IT jobs advertised in the UK 0.057% 0.043% 0.042%
As % of the Quality Assurance & Compliance category 0.42% 0.33% 0.35%
Number of salaries quoted 75 67 74
UK median annual salary £55,000 £67,500 £65,000
Median salary % change year-on-year -18.52% +3.85% +4.00%
10th Percentile £43,300 £37,750 £41,250
90th Percentile £82,500 £88,250 £82,500
UK excluding London median annual salary £65,000 £40,000 £63,750
% change year-on-year +62.50% -37.25% +41.67%

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 19,808 22,747 21,640
As % of all permanent IT jobs advertised in the UK 13.57% 13.07% 12.18%
Number of salaries quoted 14,560 17,329 16,383
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £28,500 £28,125 £26,750
90th Percentile £83,750 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £42,000
% change year-on-year - +7.14% -1.18%

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 July 2019.

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 19 July 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 +100 74 £53,750 -20.37% 11
London +100 70 £55,000 -22.54% 10
UK excluding London +57 13 £65,000 +62.50% 1
Scotland +14 9 £65,000 -31.58%
South East +15 3 £35,000 -12.50% 1
East of England - 1 - -

For the 6 months to 19 July 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 70 (84.34%) Finance
2 34 (40.96%) SQL
3 23 (27.71%) Data Protection
4 20 (24.10%) Windows
5 19 (22.89%) Unix
5 19 (22.89%) Analytics
6 18 (21.69%) Business Transformation
6 18 (21.69%) Dashboard Development
6 18 (21.69%) Salesforce.com CRM
6 18 (21.69%) Salesforce Sales Cloud
6 18 (21.69%) Workflow
6 18 (21.69%) Data Management
6 18 (21.69%) CRM
6 18 (21.69%) Salesforce.com
7 17 (20.48%) SQL Server
8 16 (19.28%) Risk Management
8 16 (19.28%) Analytical Skills
9 15 (18.07%) Data Governance
9 15 (18.07%) Data Quality
9 15 (18.07%) Degree
10 13 (15.66%) Asset Management
10 13 (15.66%) Project Management
11 12 (14.46%) Sarbanes-Oxley
11 12 (14.46%) Data Modelling
11 12 (14.46%) IFRS
11 12 (14.46%) Data Analytics
12 11 (13.25%) Project Governance
12 11 (13.25%) Basel III
12 11 (13.25%) Investment Management
12 11 (13.25%) Reinsurance

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 5 (6.02%) SAS
2 2 (2.41%) MS Exchange
3 1 (1.20%) Confluence
Applications
1 8 (9.64%) Microsoft Excel
2 3 (3.61%) Microsoft Office
3 2 (2.41%) MS Visio
4 1 (1.20%) Microsoft PowerPoint
Business Applications
1 18 (21.69%) Salesforce.com CRM
2 4 (4.82%) Eagle PACE
2 4 (4.82%) Markit EDM
3 1 (1.20%) SAP FS
3 1 (1.20%) SAP MDG
3 1 (1.20%) SAP S/4HANA
Cloud Services
1 18 (21.69%) Salesforce Sales Cloud
2 3 (3.61%) Microsoft Azure
3 2 (2.41%) Amazon AWS
3 2 (2.41%) Office 365
3 2 (2.41%) Power Platform
Communications & Networking
1 2 (2.41%) DHCP
1 2 (2.41%) DNS
Database & Business Intelligence
1 17 (20.48%) SQL Server
2 6 (7.23%) Data Warehouse
3 5 (6.02%) QlikView
4 4 (4.82%) Big Data
4 4 (4.82%) Qlik Sense
4 4 (4.82%) SQL Server 2008
4 4 (4.82%) SQL Server 2016
4 4 (4.82%) SQL Server Analysis Services
4 4 (4.82%) SQL Server Reporting Services
5 3 (3.61%) SQL Server Integration Services
6 2 (2.41%) Hadoop
6 2 (2.41%) IBM InfoSphere
6 2 (2.41%) Microsoft Analysis Services
6 2 (2.41%) NoSQL
6 2 (2.41%) Power BI
7 1 (1.20%) Data Lake
7 1 (1.20%) Enterprise Data Warehouse
Development Applications
1 5 (6.02%) JIRA
2 3 (3.61%) Eclipse
3 2 (2.41%) Team Foundation Server
4 1 (1.20%) Git (software)
4 1 (1.20%) Hudson
4 1 (1.20%) Jenkins
4 1 (1.20%) Subversion
General
1 70 (84.34%) Finance
2 11 (13.25%) Banking
3 7 (8.43%) Legal
4 4 (4.82%) Retail
5 3 (3.61%) Investment Banking
6 2 (2.41%) Corporate Banking
6 2 (2.41%) Front Office
6 2 (2.41%) Publishing
7 1 (1.20%) Back Office
7 1 (1.20%) Mandarin Language
7 1 (1.20%) Marketing
7 1 (1.20%) Telecoms
Job Titles
1 35 (42.17%) Analyst
2 19 (22.89%) Data Analyst
3 18 (21.69%) Administrator
3 18 (21.69%) Cloud Administrator
3 18 (21.69%) Salesforce Administrator
4 16 (19.28%) SQL Analyst
5 14 (16.87%) SQL Data Analyst
6 12 (14.46%) Financial Analyst
7 10 (12.05%) Consultant
8 9 (10.84%) Asset Management Analyst
8 9 (10.84%) Audit Consultant
8 9 (10.84%) Business Analyst
8 9 (10.84%) IT Audit Consultant
8 9 (10.84%) IT Consultant
8 9 (10.84%) IT Risk Consultant
8 9 (10.84%) Risk Consultant
9 8 (9.64%) Business Systems Analyst
9 8 (9.64%) Developer
9 8 (9.64%) Service Analyst
10 7 (8.43%) Tableau Analyst
Libraries, Frameworks & Software Standards
1 2 (2.41%) XML
2 1 (1.20%) Dask
2 1 (1.20%) NumPy
2 1 (1.20%) SciPy
Miscellaneous
1 16 (19.28%) Analytical Skills
2 11 (13.25%) Reinsurance
3 10 (12.05%) Management Information System
4 6 (7.23%) Equities
5 2 (2.41%) Robotics
5 2 (2.41%) SWIFT
5 2 (2.41%) Taxonomies
5 2 (2.41%) Video Conferencing
6 1 (1.20%) Credit Risk
6 1 (1.20%) Market Risk
Operating Systems
1 20 (24.10%) Windows
2 19 (22.89%) Unix
3 2 (2.41%) Windows Server
4 1 (1.20%) Linux
4 1 (1.20%) Red Hat Enterprise Linux
Processes & Methodologies
1 23 (27.71%) Data Protection
2 19 (22.89%) Analytics
3 18 (21.69%) Business Transformation
3 18 (21.69%) CRM
3 18 (21.69%) Dashboard Development
3 18 (21.69%) Data Management
3 18 (21.69%) Workflow
4 16 (19.28%) Risk Management
5 15 (18.07%) Data Governance
6 13 (15.66%) Asset Management
6 13 (15.66%) Project Management
7 12 (14.46%) Data Analytics
7 12 (14.46%) Data Modelling
8 11 (13.25%) Business Intelligence
8 11 (13.25%) Computer Science
8 11 (13.25%) Data Analysis
8 11 (13.25%) Internal Audit
8 11 (13.25%) Investment Management
8 11 (13.25%) Project Governance
9 10 (12.05%) Mathematics
Programming Languages
1 34 (40.96%) SQL
2 5 (6.02%) T-SQL
3 4 (4.82%) Python
3 4 (4.82%) VBA
4 3 (3.61%) C#
4 3 (3.61%) R
5 2 (2.41%) MATLAB
6 1 (1.20%) Bash Shell
6 1 (1.20%) C++
6 1 (1.20%) Java
6 1 (1.20%) Shell Script
6 1 (1.20%) VB
Qualifications
1 15 (18.07%) Degree
2 3 (3.61%) ISEB
2 3 (3.61%) PMP
3 2 (2.41%) CFA
3 2 (2.41%) PMI Certification
3 2 (2.41%) PRINCE2 Practitioner
4 1 (1.20%) ACCA
4 1 (1.20%) CIMA
4 1 (1.20%) MBA
Quality Assurance & Compliance
1 15 (18.07%) Data Quality
2 12 (14.46%) IFRS
2 12 (14.46%) Sarbanes-Oxley
3 11 (13.25%) Basel III
4 9 (10.84%) MiFID
5 7 (8.43%) Dodd-Frank
5 7 (8.43%) GDPR
6 6 (7.23%) EMIR
7 4 (4.82%) FATCA
8 2 (2.41%) AIFMD
9 1 (1.20%) IFRS 9
System Software
1 2 (2.41%) Active Directory
1 2 (2.41%) VMware Infrastructure
Systems Management
1 4 (4.82%) HP Quality Center
2 2 (2.41%) NetBackup
Vendors
1 18 (21.69%) Salesforce.com
2 9 (10.84%) SAP
3 8 (9.64%) Tableau
4 5 (6.02%) GoldenSource
4 5 (6.02%) Microsoft
5 4 (4.82%) Atlassian
5 4 (4.82%) HP
6 2 (2.41%) Cisco
6 2 (2.41%) Citrix
6 2 (2.41%) Cloudera
6 2 (2.41%) Google
6 2 (2.41%) Hortonworks
6 2 (2.41%) IBM
6 2 (2.41%) Veeam
6 2 (2.41%) VMware
6 2 (2.41%) Zerto
7 1 (1.20%) Oracle
7 1 (1.20%) Perforce
7 1 (1.20%) Red Hat