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

Solvency II
UK
6 months to
21 Aug 2017
Same period 2016 Same period 2015
Rank 1116 1110 1083
Rank change year-on-year -6 -27 +81
Permanent jobs citing Solvency II 71 149 218
As % of all permanent IT jobs advertised in the UK 0.040% 0.076% 0.100%
As % of the Quality Assurance & Compliance category 0.33% 0.57% 0.77%
Number of salaries quoted 70 127 197
UK median annual salary £70,000 £62,500 £65,000
Median salary % change year-on-year +12.00% -3.85% +18.18%
10th Percentile £41,250 £37,500 £46,000
90th Percentile £83,925 £86,250 £99,500
UK excluding London median annual salary £63,750 £49,765 £55,000
% change year-on-year +28.10% -9.52% +1.85%

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 21464 26007 28192
As % of all permanent IT job vacancies advertised in the UK 12.19% 13.20% 12.92%
Number of salaries quoted 16021 20648 22163
UK median annual salary £48,500 £48,500 £45,000
Median salary % change year-on-year - +7.78% -
10th Percentile £27,000 £26,750 £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 August 2017.

Salary histogram for Solvency II in the UK

Solvency II
Top 7 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 August 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 +2 69 £70,000 +9.80% 6
London -4 54 £70,000 +1.82% 4
UK excluding London +57 17 £63,750 +28.10% 2
South East +82 11 £66,250 - 1
North of England -30 4 £33,325 -42.54% 1
North West -36 4 £33,325 -42.54% 1
Scotland +8 2 £81,000 +76.09%

For the 6 months to 21 August 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 44 (61.97%) Finance
2 23 (32.39%) SQL
3 16 (22.54%) MiFID
4 15 (21.13%) Data Analysis
5 14 (19.72%) Stakeholder Management
5 14 (19.72%) Project Management
5 14 (19.72%) Reinsurance
6 13 (18.31%) Data Governance
7 12 (16.90%) Derivative
7 12 (16.90%) Data Quality
7 12 (16.90%) GDPR
8 11 (15.49%) Markit EDM
8 11 (15.49%) Investment Management
8 11 (15.49%) Business Analysis
8 11 (15.49%) Agile Software Development
8 11 (15.49%) Data Warehouse
8 11 (15.49%) Microsoft
9 10 (14.08%) Data Integration
9 10 (14.08%) EMIR
9 10 (14.08%) Analytical Skills
10 9 (12.68%) AIFMD
10 9 (12.68%) Waterfall
10 9 (12.68%) Data Modelling
10 9 (12.68%) Microsoft Excel
10 9 (12.68%) ITIL
10 9 (12.68%) Front Office
10 9 (12.68%) Banking
11 8 (11.27%) Data Management
11 8 (11.27%) Microsoft Office
12 7 (9.86%) PRINCE2

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 3 (4.23%) Confluence
1 3 (4.23%) SAS
1 3 (4.23%) SharePoint
Applications
1 9 (12.68%) Microsoft Excel
2 8 (11.27%) Microsoft Office
3 5 (7.04%) MS Visio
4 4 (5.63%) Microsoft Project
5 1 (1.41%) Spreadsheet
Business Applications
1 11 (15.49%) Markit EDM
2 7 (9.86%) Eagle PACE
2 7 (9.86%) LatentZero
2 7 (9.86%) Minerva
2 7 (9.86%) thinkFolio
Cloud Services
1 1 (1.41%) Amazon AWS
Communications & Networking
1 1 (1.41%) IMAP
Database & Business Intelligence
1 11 (15.49%) Data Warehouse
2 7 (9.86%) Relational Database
3 6 (8.45%) PowerCenter
3 6 (8.45%) RDBMS
3 6 (8.45%) SQL Server
4 4 (5.63%) Oracle Database
4 4 (5.63%) Oracle Database 12c
5 3 (4.23%) BusinessObjects
5 3 (4.23%) Power BI
5 3 (4.23%) SAS EBI
6 2 (2.82%) Oracle Reports
Development Applications
1 3 (4.23%) JIRA
2 1 (1.41%) Team Foundation Server
2 1 (1.41%) Visual Studio
General
1 44 (61.97%) Finance
2 9 (12.68%) Banking
2 9 (12.68%) Front Office
3 6 (8.45%) Legal
4 4 (5.63%) Advertising
5 2 (2.82%) Private Banking
6 1 (1.41%) Back Office
Job Titles
1 38 (53.52%) Analyst
2 16 (22.54%) Data Analyst
3 13 (18.31%) Architect
3 13 (18.31%) Senior Analyst
4 11 (15.49%) Business Analyst
4 11 (15.49%) Project Manager
5 8 (11.27%) Data Quality Analyst
5 8 (11.27%) Solutions Architect
6 6 (8.45%) Data Architect
6 6 (8.45%) ETL Analyst
6 6 (8.45%) Risk Manager
6 6 (8.45%) Support Analyst
7 5 (7.04%) Quality Analyst
7 5 (7.04%) Senior Business Analyst
8 4 (5.63%) Business Manager
8 4 (5.63%) Business Project Manager
8 4 (5.63%) MiFID Business Analyst
8 4 (5.63%) Project Analyst
8 4 (5.63%) Senior Business Manager
8 4 (5.63%) Senior Manager
Libraries, Frameworks & Software Standards
1 1 (1.41%) .NET
1 1 (1.41%) .NET Framework
1 1 (1.41%) ASP.NET
1 1 (1.41%) WinForms
Miscellaneous
1 14 (19.72%) Reinsurance
2 12 (16.90%) Derivative
3 10 (14.08%) Analytical Skills
4 7 (9.86%) Data Structures
5 6 (8.45%) Management Information System
6 4 (5.63%) Linux Command Line
7 2 (2.82%) Credit Risk
7 2 (2.82%) Fintech
7 2 (2.82%) Virtual Team
8 1 (1.41%) Data Protection Act
8 1 (1.41%) Enterprise Software
8 1 (1.41%) Grid Computing
8 1 (1.41%) Reference Data
Operating Systems
1 4 (5.63%) Linux
1 4 (5.63%) Unix
Processes & Methodologies
1 15 (21.13%) Data Analysis
2 14 (19.72%) Project Management
2 14 (19.72%) Stakeholder Management
3 13 (18.31%) Data Governance
4 11 (15.49%) Agile Software Development
4 11 (15.49%) Business Analysis
4 11 (15.49%) Investment Management
5 10 (14.08%) Data Integration
6 9 (12.68%) Data Modelling
6 9 (12.68%) ITIL
6 9 (12.68%) Waterfall
7 8 (11.27%) Data Management
8 7 (9.86%) Anti-Money Laundering
8 7 (9.86%) PRINCE2
8 7 (9.86%) Risk Management
9 6 (8.45%) Business Intelligence
9 6 (8.45%) Complex ETL
9 6 (8.45%) Data Migration
9 6 (8.45%) ETL
9 6 (8.45%) SDLC
Programming Languages
1 23 (32.39%) SQL
2 6 (8.45%) PL/SQL
3 4 (5.63%) Shell Script
4 3 (4.23%) C
4 3 (4.23%) T-SQL
5 1 (1.41%) Java
5 1 (1.41%) JavaScript
5 1 (1.41%) Python
5 1 (1.41%) R
Qualifications
1 7 (9.86%) CFA
1 7 (9.86%) PMP
2 6 (8.45%) Degree
3 4 (5.63%) ITIL Foundation Certificate
3 4 (5.63%) Master's Degree
3 4 (5.63%) Oracle Certification
4 3 (4.23%) ISEB
4 3 (4.23%) PMI Certification
4 3 (4.23%) PRINCE2 Practitioner
5 2 (2.82%) CISA
5 2 (2.82%) CISM
5 2 (2.82%) CISSP
Quality Assurance & Compliance
1 16 (22.54%) MiFID
2 12 (16.90%) Data Quality
2 12 (16.90%) GDPR
3 10 (14.08%) EMIR
4 9 (12.68%) AIFMD
5 7 (9.86%) UCITS
6 6 (8.45%) GAAP
7 4 (5.63%) SLA
8 3 (4.23%) PMO
9 2 (2.82%) Dodd-Frank
9 2 (2.82%) IFRS
9 2 (2.82%) ISO/IEC 27001
9 2 (2.82%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
9 2 (2.82%) PCI DSS
9 2 (2.82%) SSAE 16
Systems Management
1 3 (4.23%) Control-M
Vendors
1 11 (15.49%) Microsoft
2 7 (9.86%) Charles River
2 7 (9.86%) Fidessa
2 7 (9.86%) GoldenSource
3 6 (8.45%) Informatica
3 6 (8.45%) Oracle
4 3 (4.23%) EXASOL
4 3 (4.23%) Tableau