Period
to 21 October 2017

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 21 October 2017 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
21 Oct 2017
Same period 2016 Same period 2015
Rank 1105 1108 1076
Rank change year-on-year +3 -32 +118
Permanent jobs citing Solvency II 73 114 227
As % of all permanent IT jobs advertised in the UK 0.042% 0.060% 0.10%
As % of the Quality Assurance & Compliance category 0.33% 0.46% 0.81%
Number of salaries quoted 68 91 211
UK median annual salary £65,000 £60,000 £62,500
Median salary % change year-on-year +8.33% -4.00% -3.85%
10th Percentile £38,750 £37,500 £46,000
90th Percentile £82,875 £81,250 £100,000
UK excluding London median annual salary £42,500 £55,250 £55,000
% change year-on-year -23.08% +0.45% -4.35%

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 21844 25025 27993
As % of all permanent IT jobs advertised in the UK 12.55% 13.10% 12.78%
Number of salaries quoted 16219 19780 22112
UK median annual salary £50,000 £50,000 £45,000
Median salary % change year-on-year - +11.11% -
10th Percentile £27,500 £27,500 £26,250
90th Percentile £77,500 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +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 21 October 2017.

Salary histogram for Solvency II in the UK

Solvency II
Top 8 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 21 October 2017. 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 +18 71 £65,000 +4.84% 6
London +21 58 £70,000 +3.70% 5
UK excluding London +13 15 £42,500 -23.08% 1
South East +55 7 £62,500 -24.24%
South West +1 3 £42,500 -
North of England -11 3 £33,325 -44.42%
North West -40 3 £33,325 -44.42%
Scotland -9 2 £81,000 +64.47%

For the 6 months to 21 October 2017, IT jobs citing Solvency II also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads with a requirement for Solvency II.

1 46 (63.01%) Finance
2 26 (35.62%) Business Analysis
3 18 (24.66%) Agile Software Development
3 18 (24.66%) SQL
4 16 (21.92%) Reinsurance
5 15 (20.55%) Data Governance
5 15 (20.55%) ISEB
6 13 (17.81%) Informatica
6 13 (17.81%) Sarbanes-Oxley
6 13 (17.81%) Stakeholder Management
6 13 (17.81%) Data Quality
6 13 (17.81%) Big Data
6 13 (17.81%) Hadoop
7 12 (16.44%) GDPR
7 12 (16.44%) Use Case
8 11 (15.07%) Cognos
9 10 (13.70%) MiFID
10 9 (12.33%) Workflow
10 9 (12.33%) Microsoft
10 9 (12.33%) Cloudera
10 9 (12.33%) Workflow Analysis
10 9 (12.33%) Relational Database
11 8 (10.96%) EMIR
11 8 (10.96%) Analytical Skills
11 8 (10.96%) RDBMS
11 8 (10.96%) Data Warehouse
11 8 (10.96%) SQL Server
11 8 (10.96%) Project Management
11 8 (10.96%) GAAP
12 7 (9.59%) Front Office

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 4 (5.48%) Apache
1 4 (5.48%) Apache Spark
2 3 (4.11%) SharePoint
3 2 (2.74%) Confluence
3 2 (2.74%) SAS
Applications
1 7 (9.59%) Microsoft Office
2 6 (8.22%) Microsoft Excel
3 4 (5.48%) Microsoft Project
3 4 (5.48%) MS Visio
4 1 (1.37%) Spreadsheet
Business Applications
1 5 (6.85%) Eagle PACE
1 5 (6.85%) LatentZero
1 5 (6.85%) Markit EDM
1 5 (6.85%) Minerva
1 5 (6.85%) thinkFolio
Cloud Services
1 4 (5.48%) Google Cloud Platform
Database & Business Intelligence
1 13 (17.81%) Big Data
1 13 (17.81%) Hadoop
2 9 (12.33%) Relational Database
3 8 (10.96%) Data Warehouse
3 8 (10.96%) RDBMS
3 8 (10.96%) SQL Server
4 4 (5.48%) BigQuery
4 4 (5.48%) BusinessObjects
4 4 (5.48%) PowerCenter
5 2 (2.74%) Oracle Database
5 2 (2.74%) Oracle Database 12c
5 2 (2.74%) Oracle Reports
5 2 (2.74%) Power BI
5 2 (2.74%) QlikView
Development Applications
1 2 (2.74%) JIRA
2 1 (1.37%) Team Foundation Server
2 1 (1.37%) Visual Studio
General
1 46 (63.01%) Finance
2 7 (9.59%) Front Office
3 6 (8.22%) Banking
4 4 (5.48%) Advertising
5 3 (4.11%) Legal
6 2 (2.74%) Private Banking
Job Titles
1 47 (64.38%) Analyst
2 22 (30.14%) Data Analyst
3 17 (23.29%) Business Analyst
4 10 (13.70%) Architect
4 10 (13.70%) Data Quality Analyst
4 10 (13.70%) Quality Analyst
5 9 (12.33%) Project Manager
5 9 (12.33%) Senior Analyst
6 8 (10.96%) Business Data Analyst
6 8 (10.96%) Solutions Architect
7 7 (9.59%) Senior Business Analyst
8 6 (8.22%) Governance Analyst
8 6 (8.22%) Risk Manager
9 5 (6.85%) Data Business Analyst
9 5 (6.85%) Project Analyst
9 5 (6.85%) Report Analyst
9 5 (6.85%) Support Analyst
10 4 (5.48%) Business Manager
10 4 (5.48%) Business Project Manager
10 4 (5.48%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 1 (1.37%) .NET
1 1 (1.37%) .NET Framework
1 1 (1.37%) ASP.NET
1 1 (1.37%) WinForms
Miscellaneous
1 16 (21.92%) Reinsurance
2 8 (10.96%) Analytical Skills
3 5 (6.85%) Data Structures
3 5 (6.85%) Derivative
4 4 (5.48%) Management Information System
5 2 (2.74%) Algorithms
5 2 (2.74%) Credit Risk
5 2 (2.74%) Grid Computing
5 2 (2.74%) Linux Command Line
5 2 (2.74%) Virtual Team
6 1 (1.37%) Reference Data
Operating Systems
1 3 (4.11%) Linux
1 3 (4.11%) Unix
Processes & Methodologies
1 26 (35.62%) Business Analysis
2 18 (24.66%) Agile Software Development
3 15 (20.55%) Data Governance
4 13 (17.81%) Stakeholder Management
5 12 (16.44%) Use Case
6 9 (12.33%) Workflow
6 9 (12.33%) Workflow Analysis
7 8 (10.96%) Project Management
8 7 (9.59%) Data Analysis
8 7 (9.59%) Investment Management
9 6 (8.22%) Data Integration
9 6 (8.22%) SDLC
9 6 (8.22%) Waterfall
10 5 (6.85%) Anti-Money Laundering
10 5 (6.85%) Data Management
10 5 (6.85%) ITIL
10 5 (6.85%) PRINCE2
10 5 (6.85%) Risk Management
11 4 (5.48%) Asset Management
11 4 (5.48%) Data Modelling
Programming Languages
1 18 (24.66%) SQL
2 4 (5.48%) PL/SQL
3 3 (4.11%) C
3 3 (4.11%) Shell Script
4 1 (1.37%) JavaScript
4 1 (1.37%) Python
4 1 (1.37%) R
Qualifications
1 15 (20.55%) ISEB
2 5 (6.85%) CFA
3 4 (5.48%) Degree
3 4 (5.48%) Master's Degree
3 4 (5.48%) PMP
4 2 (2.74%) ITIL Foundation Certificate
4 2 (2.74%) Oracle Certification
5 1 (1.37%) PMI Certification
5 1 (1.37%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 13 (17.81%) Data Quality
1 13 (17.81%) Sarbanes-Oxley
2 12 (16.44%) GDPR
3 10 (13.70%) MiFID
4 8 (10.96%) EMIR
4 8 (10.96%) GAAP
5 7 (9.59%) AIFMD
6 5 (6.85%) UCITS
7 3 (4.11%) PMO
8 2 (2.74%) Dodd-Frank
8 2 (2.74%) IFRS
8 2 (2.74%) QA
8 2 (2.74%) SLA
9 1 (1.37%) PCI DSS
Systems Management
1 2 (2.74%) Control-M
Vendors
1 13 (17.81%) Informatica
2 11 (15.07%) Cognos
3 9 (12.33%) Cloudera
3 9 (12.33%) Microsoft
4 5 (6.85%) Charles River
4 5 (6.85%) Fidessa
4 5 (6.85%) GoldenSource
4 5 (6.85%) Oracle
5 4 (5.48%) Google
5 4 (5.48%) Tableau
6 2 (2.74%) DataFlux
6 2 (2.74%) EXASOL