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 3 months to 22 March 2017 with a comparison to the same period in the previous 2 years.

3 months to
22 Mar 2017
Same period 2016 Same period 2015
Solvency II
UK
Rank 839 819 863
Rank change year-on-year -20 +44  
Permanent jobs citing Solvency II 26 122 98
As % of all permanent IT jobs advertised in the UK 0.031% 0.12% 0.093%
As % of the Quality Assurance & Compliance category 0.25% 0.90% 0.74%
Number of salaries quoted 25 109 92
Median salary £57,500 £60,000 £67,500
Median salary % change year-on-year -4.16% -11.11%  
90% offered a salary of more than £46,000 £45,000 £49,100
10% offered a salary of more than £75,500 £90,000 £80,000
UK excluding London median salary £62,480 £47,250 £67,500
% change year-on-year +32.23% -30.00%  

Solvency II is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for quality assurance and compliance skills.

Quality Assurance & Compliance Skills
UK
Permanent job vacancies with a requirement for quality assurance and compliance skills 10207 13485 13218
As % of all permanent IT job vacancies advertised in the UK 12.17% 13.18% 12.58%
Number of salaries quoted 8065 10668 10205
Median salary £47,500 £50,000 £46,500
Median salary % change year-on-year -5.00% +7.52%  
90% offered a salary of more than £28,500 £29,500 £28,000
10% offered a salary of more than £75,000 £72,500 £72,500
UK excluding London median salary £42,500 £44,500 £42,500
% change year-on-year -4.49% +4.70%  

Solvency II
Job Vacancy Trend

The job posting trend of jobs advertised citing Solvency II as a proportion of all permanent or contract IT jobs with a match in the Quality Assurance & Compliance category.

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 3 months to 22 March 2017.

Salary histogram for Solvency II in the UK

Solvency II
Top 12 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 3 months to 22 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Last 3 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +13 26 £57,500 -6.12% 3
London -14 19 £57,500 -11.53% 2
Cheshire +9 4 £52,480 -7.92% 1
City of London -12 4 £65,000 - 2
North West -29 4 £52,480 -7.92% 1
Wilmslow -13 3 £59,960 +5.19% 1
South East +57 2 £65,000 +27.45%
Surrey +52 2 £65,000 +27.45%
East of England +25 1 £71,000 +136.66%
Hitchin - 1 £71,000 -
Redhill - 1 - -
Hertfordshire - 1 £71,000 -

Solvency II
Top 30 Related IT Skills

For the 6 months to 22 March 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 41 (54.67%) Finance
2 18 (24.00%) Stakeholder Management
3 17 (22.67%) Risk Management
4 14 (18.67%) Oracle
4 14 (18.67%) Project Governance
5 13 (17.33%) Analytics
5 13 (17.33%) SQL
5 13 (17.33%) Business Intelligence
5 13 (17.33%) MiFID
6 12 (16.00%) Agile Software Development
6 12 (16.00%) Stakeholder and Relationship Management
7 11 (14.67%) Project Management
8 10 (13.33%) Legal
8 10 (13.33%) Data Integration
8 10 (13.33%) Waterfall
9 9 (12.00%) Business Analysis
9 9 (12.00%) Data Warehouse
10 8 (10.67%) Data Modelling
10 8 (10.67%) Project Planning
10 8 (10.67%) Investment Management
10 8 (10.67%) Tableau
10 8 (10.67%) Data Quality
10 8 (10.67%) EMIR
10 8 (10.67%) People Management
11 7 (9.33%) Mentoring
11 7 (9.33%) Target Operating Model
11 7 (9.33%) Retail
11 7 (9.33%) GAP Analysis
11 7 (9.33%) PRINCE2
11 7 (9.33%) Microsoft

Solvency II
Top Related 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 (8.00%) SAS
2 3 (4.00%) Confluence
3 1 (1.33%) MS Project Server
3 1 (1.33%) SharePoint
Applications
1 3 (4.00%) MS Excel
2 1 (1.33%) MS Project
Business Applications
1 2 (2.67%) Eagle PACE
2 1 (1.33%) MoSes
2 1 (1.33%) Towers Watson Igloo
Database & Business Intelligence
1 9 (12.00%) Data Warehouse
2 6 (8.00%) Oracle Database
3 5 (6.67%) PowerCenter
3 5 (6.67%) QlikView
4 4 (5.33%) BusinessObjects
4 4 (5.33%) Oracle Database 12c
4 4 (5.33%) SQL Server Integration Services
5 3 (4.00%) SQL Server Reporting Services
6 2 (2.67%) Power BI
6 2 (2.67%) SQL Server
7 1 (1.33%) Big Data
7 1 (1.33%) SAP Data Services
7 1 (1.33%) SAS EBI
7 1 (1.33%) SQL Server 2008
7 1 (1.33%) SQL Server Analysis Services
Development Applications
1 3 (4.00%) JIRA
2 1 (1.33%) Team Foundation Server
General
1 41 (54.67%) Finance
2 10 (13.33%) Legal
3 7 (9.33%) Retail
4 5 (6.67%) Banking
5 3 (4.00%) Back Office
5 3 (4.00%) Investment Banking
Job Titles
1 25 (33.33%) Project Manager
2 24 (32.00%) Analyst
3 8 (10.67%) Business Analyst
3 8 (10.67%) Data Analyst
4 7 (9.33%) Business Change Manager
4 7 (9.33%) Business Change Project Manager
4 7 (9.33%) Developer
5 6 (8.00%) Business Intelligence Developer
5 6 (8.00%) Data Quality Analyst
6 5 (6.67%) Investment Management Business Analyst
6 5 (6.67%) PRINCE2 Project Manager
6 5 (6.67%) Quality Analyst
6 5 (6.67%) Regulatory Business Analyst
6 5 (6.67%) Support Analyst
7 4 (5.33%) ETL Analyst
7 4 (5.33%) PMO Planner
7 4 (5.33%) Programme Manager
7 4 (5.33%) Test Analyst
8 3 (4.00%) SQL Analyst
8 3 (4.00%) SQL Support Analyst
Libraries, Frameworks & Software Standards
1 6 (8.00%) Oracle Fusion
2 2 (2.67%) XBRL
2 2 (2.67%) XML
2 2 (2.67%) XSD
3 1 (1.33%) .NET
Miscellaneous
1 6 (8.00%) Analytical Skills
2 5 (6.67%) Fintech
3 4 (5.33%) Fixed Income
3 4 (5.33%) Linux Command Line
4 3 (4.00%) Derivative
4 3 (4.00%) Taxonomies
5 2 (2.67%) Management Information System
5 2 (2.67%) Reference Data
6 1 (1.33%) Credit Risk
6 1 (1.33%) Data Protection Act
Operating Systems
1 5 (6.67%) Unix
2 4 (5.33%) Linux
Processes & Methodologies
1 18 (24.00%) Stakeholder Management
2 17 (22.67%) Risk Management
3 14 (18.67%) Project Governance
4 13 (17.33%) Analytics
4 13 (17.33%) Business Intelligence
5 12 (16.00%) Agile Software Development
5 12 (16.00%) Stakeholder and Relationship Management
6 11 (14.67%) Project Management
7 10 (13.33%) Data Integration
7 10 (13.33%) Waterfall
8 9 (12.00%) Business Analysis
9 8 (10.67%) Data Modelling
9 8 (10.67%) Investment Management
9 8 (10.67%) People Management
9 8 (10.67%) Project Planning
10 7 (9.33%) GAP Analysis
10 7 (9.33%) Mentoring
10 7 (9.33%) PRINCE2
10 7 (9.33%) Target Operating Model
11 6 (8.00%) ETL
Programming Languages
1 13 (17.33%) SQL
2 5 (6.67%) PL/SQL
3 4 (5.33%) Shell Script
4 3 (4.00%) T-SQL
5 1 (1.33%) C#
Qualifications
1 5 (6.67%) PMI Certification
1 5 (6.67%) PMP
1 5 (6.67%) PRINCE2 Practitioner
2 4 (5.33%) ITIL Foundation Certificate
2 4 (5.33%) Oracle Certification
3 3 (4.00%) Degree
4 2 (2.67%) CFA
4 2 (2.67%) ISTQB
5 1 (1.33%) ISEB
Quality Assurance & Compliance
1 13 (17.33%) MiFID
2 8 (10.67%) Data Quality
2 8 (10.67%) EMIR
3 6 (8.00%) IFRS
4 5 (6.67%) AIFMD
4 5 (6.67%) UCITS
5 4 (5.33%) PMO
5 4 (5.33%) SLA
6 2 (2.67%) CRD IV
7 1 (1.33%) Basel II
7 1 (1.33%) Basel III
7 1 (1.33%) GDPR
7 1 (1.33%) ISO20022
Systems Management
1 4 (5.33%) HP Quality Center
2 3 (4.00%) Control-M
Vendors
1 14 (18.67%) Oracle
2 8 (10.67%) Tableau
3 7 (9.33%) Microsoft
4 5 (6.67%) Informatica
5 4 (5.33%) HP
6 3 (4.00%) EXASOL
7 1 (1.33%) QAD
7 1 (1.33%) Salesforce.com
7 1 (1.33%) SAP
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Resource Management
Salary: Excellent Benefits
Posted: Yesterday
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Salary: £50000 - £60000 per annum + Bonus and Benefits Package
Posted: 5 days ago
City of London
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Salary: £45000 - £55000 per annum + Package
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Posted: 7 days ago