Period
to 17 October 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 17 October 2019 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
17 Oct 2019
Same period 2018 Same period 2017
Rank 1002 1067 1126
Rank change year-on-year +65 +59 +24
Permanent jobs citing Solvency II 68 104 75
As % of all permanent IT jobs advertised in the UK 0.050% 0.063% 0.043%
As % of the Quality Assurance & Compliance category 0.37% 0.48% 0.34%
Number of salaries quoted 65 91 70
UK median annual salary £65,000 £75,000 £65,000
Median salary % change year-on-year -13.33% +15.38% +8.33%
10th Percentile £51,250 £52,500 £38,750
90th Percentile £107,500 £93,750 £83,925
UK excluding London median annual salary £65,000 - £42,500

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 18,163 21,708 21,815
As % of all permanent IT jobs advertised in the UK 13.24% 13.20% 12.46%
Number of salaries quoted 13,553 16,482 16,171
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,250 £28,250 £27,500
90th Percentile £82,500 £80,000 £77,500
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

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 17 October 2019.

Salary histogram for Solvency II in the UK

Solvency II
Top 10 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 17 October 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 +75 65 £64,750 -13.67% 8
UK excluding London +117 34 £65,000 - 5
London +18 34 £62,000 -17.33% 6
South East - 14 £105,000 -
West Midlands - 12 £57,500 - 1
Midlands - 12 £57,500 - 1
North West - 3 £60,000 - 1
North of England - 3 £60,000 - 1
Scotland - 3 £65,000 - 2
East of England - 2 £95,000 -

For the 6 months to 17 October 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 60 (88.24%) Finance
2 31 (45.59%) Agile Software Development
3 24 (35.29%) SQL
4 21 (30.88%) Microsoft Excel
5 18 (26.47%) Project Management
6 17 (25.00%) SQL Server
6 17 (25.00%) MiFID
7 15 (22.06%) Dynamics GP
7 15 (22.06%) PRINCE2
7 15 (22.06%) GDPR
8 14 (20.59%) Matrix Organization
8 14 (20.59%) User Stories
8 14 (20.59%) EMIR
8 14 (20.59%) SDLC
9 13 (19.12%) Business Intelligence
9 13 (19.12%) PMP
9 13 (19.12%) MS Visio
9 13 (19.12%) Microsoft Project
9 13 (19.12%) Advertising
9 13 (19.12%) Microsoft PowerPoint
9 13 (19.12%) Matrix Management
9 13 (19.12%) Waterfall
10 11 (16.18%) Reinsurance
10 11 (16.18%) Data Protection
11 10 (14.71%) Change Management
11 10 (14.71%) Budgeting and Forecasting
12 9 (13.24%) Analytical Skills
12 9 (13.24%) Data Analysis
12 9 (13.24%) Software Engineering
12 9 (13.24%) Business Analysis

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 (5.88%) Cloud Foundry
Applications
1 21 (30.88%) Microsoft Excel
2 13 (19.12%) Microsoft PowerPoint
2 13 (19.12%) Microsoft Project
2 13 (19.12%) MS Visio
3 1 (1.47%) Microsoft Office
Business Applications
1 15 (22.06%) Dynamics GP
2 5 (7.35%) Salesforce.com CRM
3 3 (4.41%) Eagle PACE
3 3 (4.41%) Markit EDM
Cloud Services
1 8 (11.76%) Power Platform
2 5 (7.35%) Salesforce Sales Cloud
3 4 (5.88%) Amazon EC2
3 4 (5.88%) AWS
3 4 (5.88%) Azure
Communications & Networking
1 3 (4.41%) LAN
1 3 (4.41%) SAN
1 3 (4.41%) WAN
2 2 (2.94%) Internet
Database & Business Intelligence
1 17 (25.00%) SQL Server
2 8 (11.76%) Power BI
3 7 (10.29%) SQL Server Reporting Services
4 6 (8.82%) SQL Server 2008
4 6 (8.82%) SQL Server 2016
4 6 (8.82%) SQL Server Integration Services
5 5 (7.35%) Data Warehouse
6 4 (5.88%) Amazon RDS
6 4 (5.88%) Qlik Sense
6 4 (5.88%) QlikView
Development Applications
1 5 (7.35%) Team Foundation Server
2 4 (5.88%) Atlassian Bamboo
2 4 (5.88%) Git (software)
3 3 (4.41%) JIRA
4 2 (2.94%) Jenkins
4 2 (2.94%) Octopus Deploy
5 1 (1.47%) Visual Studio
General
1 60 (88.24%) Finance
2 13 (19.12%) Advertising
3 3 (4.41%) Banking
3 3 (4.41%) Corporate Banking
3 3 (4.41%) Investment Banking
3 3 (4.41%) Telecoms
4 2 (2.94%) Law
5 1 (1.47%) General Ledger
5 1 (1.47%) Legal
Job Titles
1 27 (39.71%) Analyst
2 14 (20.59%) Business Analyst
3 11 (16.18%) Business Systems Analyst
4 10 (14.71%) Technical Analyst
4 10 (14.71%) Technical Business Analyst
5 9 (13.24%) Developer
6 8 (11.76%) Senior Manager
7 7 (10.29%) Data Analyst
7 7 (10.29%) Financial Analyst
7 7 (10.29%) Programme Manager
7 7 (10.29%) SQL Analyst
8 6 (8.82%) Senior Programme Manager
9 5 (7.35%) Administrator
9 5 (7.35%) Cloud Administrator
9 5 (7.35%) Consultant
9 5 (7.35%) Reinsurance Business Analyst
9 5 (7.35%) Salesforce Administrator
9 5 (7.35%) SQL Data Analyst
9 5 (7.35%) Systems Analyst
10 4 (5.88%) Finance Systems Analyst
Libraries, Frameworks & Software Standards
1 4 (5.88%) AngularJS
1 4 (5.88%) JSON
1 4 (5.88%) REST
2 1 (1.47%) .NET
2 1 (1.47%) Ajax
2 1 (1.47%) jQuery
Miscellaneous
1 11 (16.18%) Reinsurance
2 9 (13.24%) Analytical Skills
3 4 (5.88%) Management Information System
4 3 (4.41%) Data Centre
4 3 (4.41%) Derivative
5 2 (2.94%) Virtual Team
6 1 (1.47%) Credit Risk
6 1 (1.47%) Data Structures
6 1 (1.47%) Market Risk
6 1 (1.47%) Reference Data
Operating Systems
1 8 (11.76%) Unix
2 5 (7.35%) Windows
Processes & Methodologies
1 31 (45.59%) Agile Software Development
2 18 (26.47%) Project Management
3 15 (22.06%) PRINCE2
4 14 (20.59%) Matrix Organization
4 14 (20.59%) SDLC
4 14 (20.59%) User Stories
5 13 (19.12%) Business Intelligence
5 13 (19.12%) Matrix Management
5 13 (19.12%) Waterfall
6 11 (16.18%) Data Protection
7 10 (14.71%) Budgeting and Forecasting
7 10 (14.71%) Change Management
8 9 (13.24%) Business Analysis
8 9 (13.24%) Data Analysis
8 9 (13.24%) Software Engineering
9 8 (11.76%) Investment Management
9 8 (11.76%) Scrum
9 8 (11.76%) Stakeholder Management
10 7 (10.29%) Data Management
10 7 (10.29%) Internal Audit
Programming Languages
1 24 (35.29%) SQL
2 4 (5.88%) Java
2 4 (5.88%) JavaScript
3 2 (2.94%) T-SQL
4 1 (1.47%) C#
Qualifications
1 13 (19.12%) PMP
2 1 (1.47%) Degree
2 1 (1.47%) ISEB
Quality Assurance & Compliance
1 17 (25.00%) MiFID
2 15 (22.06%) GDPR
3 14 (20.59%) EMIR
4 8 (11.76%) Sarbanes-Oxley
5 5 (7.35%) COBIT
5 5 (7.35%) IFRS
5 5 (7.35%) QA
6 3 (4.41%) Basel III
6 3 (4.41%) SLA
7 2 (2.94%) GAAP
7 2 (2.94%) IFRS 9
7 2 (2.94%) ISO/IEC 27001
7 2 (2.94%) NIST
7 2 (2.94%) Val IT
8 1 (1.47%) Data Quality
8 1 (1.47%) Dodd-Frank
System Software
1 4 (5.88%) Docker
Systems Management
1 3 (4.41%) HP Quality Center
2 2 (2.94%) Opscode Chef
2 2 (2.94%) Puppet
2 2 (2.94%) Salt
Vendors
1 8 (11.76%) Microsoft
2 5 (7.35%) Salesforce.com
3 3 (4.41%) Atlassian
3 3 (4.41%) GoldenSource
3 3 (4.41%) HP
4 2 (2.94%) Tableau
5 1 (1.47%) BT
5 1 (1.47%) SAP