Period
to 22 November 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 22 November 2017 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 1103 1122 1077
Rank change year-on-year +19 -45 +105
Permanent jobs citing Solvency II 79 103 232
As % of all permanent IT jobs advertised in the UK 0.044% 0.054% 0.11%
As % of the Quality Assurance & Compliance category 0.35% 0.42% 0.84%
Number of salaries quoted 74 89 215
UK median annual salary £63,750 £62,000 £62,500
Median salary % change year-on-year +2.82% -0.80% -3.85%
10th Percentile £38,750 £40,700 £42,500
90th Percentile £85,500 £82,500 £93,000
UK excluding London median annual salary £42,500 £59,960 £52,500
% change year-on-year -29.12% +14.21% -8.70%

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 22834 24645 27722
As % of all permanent IT jobs advertised in the UK 12.64% 12.96% 12.85%
Number of salaries quoted 17126 19487 21908
UK median annual salary £50,000 £49,000 £46,000
Median salary % change year-on-year +2.04% +6.52% +2.22%
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 £41,500
% change year-on-year - +2.41% +3.75%

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 22 November 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 22 November 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 -6 77 £62,500 +0.81% 6
London +3 63 £65,000 -7.14% 4
UK excluding London +12 16 £42,500 -29.12% 4
South East +45 7 £62,500 -24.24%
South West +12 5 £42,500 - 2
Scotland -12 2 £81,000 +64.47% 2
North of England -34 2 £33,325 -44.42%
North West -46 2 £33,325 -44.42%

For the 6 months to 22 November 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 53 (67.09%) Finance
2 29 (36.71%) Business Analysis
3 22 (27.85%) SQL
4 21 (26.58%) Agile Software Development
4 21 (26.58%) Big Data
5 18 (22.78%) ISEB
6 17 (21.52%) Sarbanes-Oxley
6 17 (21.52%) Hadoop
7 16 (20.25%) Data Governance
7 16 (20.25%) Reinsurance
7 16 (20.25%) Informatica
7 16 (20.25%) Cognos
8 15 (18.99%) Use Case
9 14 (17.72%) GDPR
10 13 (16.46%) Data Quality
11 12 (15.19%) Cloudera
11 12 (15.19%) Workflow Analysis
11 12 (15.19%) Stakeholder Management
11 12 (15.19%) Workflow
12 10 (12.66%) Project Management
13 9 (11.39%) Microsoft
13 9 (11.39%) Banking
13 9 (11.39%) Relational Database
14 8 (10.13%) Analytical Skills
14 8 (10.13%) EMIR
14 8 (10.13%) MiFID
14 8 (10.13%) Degree
14 8 (10.13%) Data Management
14 8 (10.13%) RDBMS
14 8 (10.13%) SQL Server

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 (6.33%) Apache Spark
1 5 (6.33%) SAS
2 4 (5.06%) Apache
3 3 (3.80%) SharePoint
4 2 (2.53%) Confluence
Applications
1 7 (8.86%) Microsoft Office
2 5 (6.33%) Microsoft Excel
3 4 (5.06%) MS Visio
4 3 (3.80%) Microsoft Project
5 1 (1.27%) Microsoft PowerPoint
5 1 (1.27%) Spreadsheet
Business Applications
1 5 (6.33%) Eagle PACE
1 5 (6.33%) LatentZero
1 5 (6.33%) Markit EDM
1 5 (6.33%) Minerva
1 5 (6.33%) thinkFolio
Cloud Services
1 4 (5.06%) Google Cloud Platform
2 1 (1.27%) Amazon AWS
2 1 (1.27%) Cortana Intelligence Suite
2 1 (1.27%) Microsoft Azure
Communications & Networking
1 1 (1.27%) LAN
1 1 (1.27%) SAN
1 1 (1.27%) VoIP
1 1 (1.27%) WAN
Database & Business Intelligence
1 21 (26.58%) Big Data
2 17 (21.52%) Hadoop
3 9 (11.39%) Relational Database
4 8 (10.13%) RDBMS
4 8 (10.13%) SQL Server
5 7 (8.86%) Data Warehouse
6 6 (7.59%) BusinessObjects
7 5 (6.33%) Power BI
7 5 (6.33%) QlikView
8 4 (5.06%) BigQuery
8 4 (5.06%) PowerCenter
9 2 (2.53%) Oracle Database
9 2 (2.53%) Oracle Database 12c
9 2 (2.53%) Oracle Reports
10 1 (1.27%) Apache Cassandra
10 1 (1.27%) Apache Hive
10 1 (1.27%) HBase
10 1 (1.27%) MongoDB
10 1 (1.27%) Neo4j
Development Applications
1 2 (2.53%) JIRA
2 1 (1.27%) Team Foundation Server
2 1 (1.27%) Visual Studio
General
1 53 (67.09%) Finance
2 9 (11.39%) Banking
3 7 (8.86%) Front Office
4 4 (5.06%) Advertising
4 4 (5.06%) Financial Institution
5 2 (2.53%) Private Banking
6 1 (1.27%) Telecoms
Job Titles
1 49 (62.03%) Analyst
2 25 (31.65%) Data Analyst
3 19 (24.05%) Business Analyst
4 9 (11.39%) Business Data Analyst
4 9 (11.39%) Data Quality Analyst
4 9 (11.39%) Project Manager
4 9 (11.39%) Quality Analyst
5 8 (10.13%) Architect
5 8 (10.13%) Senior Analyst
5 8 (10.13%) Solutions Architect
6 7 (8.86%) Data Business Analyst
6 7 (8.86%) Senior Business Analyst
7 6 (7.59%) Risk Manager
8 5 (6.33%) Governance Analyst
8 5 (6.33%) Project Analyst
8 5 (6.33%) Report Analyst
8 5 (6.33%) Support Analyst
9 4 (5.06%) ETL Analyst
9 4 (5.06%) Senior Manager
9 4 (5.06%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 1 (1.27%) .NET
1 1 (1.27%) .NET Framework
1 1 (1.27%) ASP.NET
1 1 (1.27%) D3.js
1 1 (1.27%) Natural Language Processing
1 1 (1.27%) WinForms
Miscellaneous
1 16 (20.25%) Reinsurance
2 8 (10.13%) Analytical Skills
3 5 (6.33%) Derivative
4 4 (5.06%) Algorithms
4 4 (5.06%) Management Information System
5 3 (3.80%) Grid Computing
6 2 (2.53%) Linux Command Line
6 2 (2.53%) Virtual Team
7 1 (1.27%) Credit Risk
7 1 (1.27%) Data Centre
7 1 (1.27%) Reference Data
Operating Systems
1 5 (6.33%) Unix
2 4 (5.06%) Linux
Processes & Methodologies
1 29 (36.71%) Business Analysis
2 21 (26.58%) Agile Software Development
3 16 (20.25%) Data Governance
4 15 (18.99%) Use Case
5 12 (15.19%) Stakeholder Management
5 12 (15.19%) Workflow
5 12 (15.19%) Workflow Analysis
6 10 (12.66%) Project Management
7 8 (10.13%) Data Management
8 7 (8.86%) Investment Management
9 6 (7.59%) Business Intelligence
9 6 (7.59%) ITIL
9 6 (7.59%) SDLC
9 6 (7.59%) Waterfall
10 5 (6.33%) Anti-Money Laundering
10 5 (6.33%) PRINCE2
11 4 (5.06%) Complex ETL
11 4 (5.06%) Data Analytics
11 4 (5.06%) Data Integration
11 4 (5.06%) Root Cause Analysis
Programming Languages
1 22 (27.85%) SQL
2 4 (5.06%) C
2 4 (5.06%) PL/SQL
2 4 (5.06%) Shell Script
3 2 (2.53%) Python
3 2 (2.53%) R
4 1 (1.27%) JavaScript
Qualifications
1 18 (22.78%) ISEB
2 8 (10.13%) Degree
3 5 (6.33%) CFA
4 4 (5.06%) Master's Degree
4 4 (5.06%) PMP
5 2 (2.53%) ITIL Foundation Certificate
5 2 (2.53%) Oracle Certification
6 1 (1.27%) PMI Certification
6 1 (1.27%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 17 (21.52%) Sarbanes-Oxley
2 14 (17.72%) GDPR
3 13 (16.46%) Data Quality
4 8 (10.13%) EMIR
4 8 (10.13%) GAAP
4 8 (10.13%) MiFID
5 7 (8.86%) AIFMD
6 6 (7.59%) Dodd-Frank
6 6 (7.59%) IFRS
7 5 (6.33%) UCITS
8 4 (5.06%) FATCA
8 4 (5.06%) IFRS 9
8 4 (5.06%) QA
9 3 (3.80%) PMO
10 2 (2.53%) SLA
11 1 (1.27%) COBIT
11 1 (1.27%) PCI DSS
Systems Management
1 2 (2.53%) Control-M
Vendors
1 16 (20.25%) Cognos
1 16 (20.25%) Informatica
2 12 (15.19%) Cloudera
3 9 (11.39%) Microsoft
4 7 (8.86%) Tableau
5 6 (7.59%) Oracle
6 5 (6.33%) Charles River
6 5 (6.33%) Fidessa
6 5 (6.33%) GoldenSource
6 5 (6.33%) Google
7 4 (5.06%) DataFlux
8 2 (2.53%) EXASOL
9 1 (1.27%) Apple
9 1 (1.27%) IBM