Period
to 15 October 2018

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 15 October 2018 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
15 Oct 2018
Same period 2017 Same period 2016
Rank 1042 1107 1119
Rank change year-on-year +65 +12 -37
Permanent jobs citing Solvency II 103 73 112
As % of all permanent IT jobs advertised in the UK 0.063% 0.042% 0.059%
As % of the Quality Assurance & Compliance category 0.48% 0.34% 0.45%
Number of salaries quoted 90 68 88
UK median annual salary £75,000 £66,250 £61,000
Median salary % change year-on-year +13.21% +8.61% -2.40%
10th Percentile £53,625 £38,750 £37,500
90th Percentile £93,750 £84,275 £81,250
UK excluding London median annual salary - £42,500 £52,500
% change year-on-year - -19.05% -4.55%

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 21,615 21,512 24,874
As % of all permanent IT jobs advertised in the UK 13.13% 12.38% 13.06%
Number of salaries quoted 16,424 15,955 19,688
UK median annual salary £50,000 £50,000 £50,000
10th Percentile £28,000 £27,500 £27,500
90th Percentile £80,000 £77,500 £77,500
UK excluding London median annual salary £45,000 £42,500 £42,500
% change year-on-year +5.88% - +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 15 October 2018.

Salary histogram for Solvency II in the UK

Solvency II
Top 4 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 15 October 2018. 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 +63 103 £75,000 +15.38% 24
London +83 102 £75,000 +7.14% 22
UK excluding London +4 1 - - 2
South West +2 1 - - 1

For the 6 months to 15 October 2018, 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 66 (64.08%) Finance
2 44 (42.72%) GDPR
3 39 (37.86%) IFRS
4 34 (33.01%) Dodd-Frank
5 31 (30.10%) Data Quality
5 31 (30.10%) Banking
6 28 (27.18%) Data Governance
7 23 (22.33%) IFRS 9
8 20 (19.42%) FATCA
8 20 (19.42%) Big Data
8 20 (19.42%) Financial Institution
9 19 (18.45%) SQL
9 19 (18.45%) Business Intelligence
9 19 (18.45%) Visualisation
9 19 (18.45%) Data Science
10 18 (17.48%) Migration
11 17 (16.50%) Business Analysis
12 16 (15.53%) Degree
12 16 (15.53%) Data Management
12 16 (15.53%) Data Visualisation
13 15 (14.56%) Data Migration
13 15 (14.56%) Change Management
13 15 (14.56%) Sarbanes-Oxley
14 14 (13.59%) QlikView
14 14 (13.59%) Anti-Money Laundering
15 13 (12.62%) Project Management
15 13 (12.62%) Stakeholder Management
16 12 (11.65%) Advertising
16 12 (11.65%) Regulatory Compliance
17 11 (10.68%) Data Warehouse

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 8 (7.77%) SAS
2 3 (2.91%) Apache Spark
Applications
1 10 (9.71%) Microsoft Excel
2 7 (6.80%) Microsoft PowerPoint
3 6 (5.83%) MS Visio
4 1 (0.97%) Microsoft Office
Cloud Services
1 3 (2.91%) Amazon AWS
1 3 (2.91%) Cortana Intelligence Suite
1 3 (2.91%) Microsoft Azure
1 3 (2.91%) Siri
Communications & Networking
1 2 (1.94%) LAN
1 2 (1.94%) SAN
1 2 (1.94%) VoIP
1 2 (1.94%) WAN
Database & Business Intelligence
1 20 (19.42%) Big Data
2 14 (13.59%) QlikView
3 11 (10.68%) Data Warehouse
4 10 (9.71%) Power BI
5 9 (8.74%) SQL Server Analysis Services
5 9 (8.74%) SQL Server Reporting Services
6 4 (3.88%) SQL Server Integration Services
7 3 (2.91%) Apache Cassandra
7 3 (2.91%) Apache Hive
7 3 (2.91%) Hadoop
7 3 (2.91%) HBase
7 3 (2.91%) MongoDB
7 3 (2.91%) Neo4j
Development Applications
1 2 (1.94%) Eclipse
2 1 (0.97%) JIRA
2 1 (0.97%) Subversion
General
1 66 (64.08%) Finance
2 31 (30.10%) Banking
3 20 (19.42%) Financial Institution
4 12 (11.65%) Advertising
5 7 (6.80%) Legal
6 5 (4.85%) Telecoms
7 1 (0.97%) Front Office
Job Titles
1 35 (33.98%) Data Manager
2 28 (27.18%) Analyst
3 25 (24.27%) Business Analyst
4 16 (15.53%) Insurance Business Analyst
5 14 (13.59%) Data Migration Manager
5 14 (13.59%) Migration Manager
6 13 (12.62%) Data Governance Analyst
6 13 (12.62%) Data Governance Manager
6 13 (12.62%) Governance Manager
7 11 (10.68%) Business Intelligence Analyst
7 11 (10.68%) Business Intelligence Business Analyst
7 11 (10.68%) Consultant
7 11 (10.68%) Data Consultant
7 11 (10.68%) Project Manager
8 5 (4.85%) Finance Business Analyst
8 5 (4.85%) Financial Analyst
8 5 (4.85%) Management Consultant
8 5 (4.85%) Senior Consultant
9 4 (3.88%) Technical Analyst
9 4 (3.88%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 3 (2.91%) D3.js
1 3 (2.91%) Natural Language Processing
2 1 (0.97%) Flash
Miscellaneous
1 8 (7.77%) Taxonomies
2 4 (3.88%) Analytical Skills
3 3 (2.91%) Data Structures
4 2 (1.94%) Data Centre
5 1 (0.97%) Algorithms
Operating Systems
1 3 (2.91%) Unix
Processes & Methodologies
1 28 (27.18%) Data Governance
2 19 (18.45%) Business Intelligence
2 19 (18.45%) Data Science
2 19 (18.45%) Visualisation
3 18 (17.48%) Migration
4 17 (16.50%) Business Analysis
5 16 (15.53%) Data Management
5 16 (15.53%) Data Visualisation
6 15 (14.56%) Change Management
6 15 (14.56%) Data Migration
7 14 (13.59%) Anti-Money Laundering
8 13 (12.62%) Project Management
8 13 (12.62%) Stakeholder Management
9 12 (11.65%) Regulatory Compliance
10 9 (8.74%) Line Management
11 8 (7.77%) Analytics
11 8 (7.77%) Business Continuity
12 7 (6.80%) Data Validation
12 7 (6.80%) Risk Management
12 7 (6.80%) Validation
Programming Languages
1 19 (18.45%) SQL
2 8 (7.77%) R
3 6 (5.83%) Python
4 2 (1.94%) C
4 2 (1.94%) VBA
5 1 (0.97%) C#
5 1 (0.97%) C++
5 1 (0.97%) MATLAB
5 1 (0.97%) Shell Script
Qualifications
1 16 (15.53%) Degree
2 7 (6.80%) PMI Certification
2 7 (6.80%) PMP
3 1 (0.97%) ACCA
3 1 (0.97%) CIMA
3 1 (0.97%) MBA
Quality Assurance & Compliance
1 44 (42.72%) GDPR
2 39 (37.86%) IFRS
3 34 (33.01%) Dodd-Frank
4 31 (30.10%) Data Quality
5 23 (22.33%) IFRS 9
6 20 (19.42%) FATCA
7 15 (14.56%) Sarbanes-Oxley
8 5 (4.85%) COBIT
8 5 (4.85%) QA
9 3 (2.91%) COSO
9 3 (2.91%) CRD IV
9 3 (2.91%) MiFID
10 2 (1.94%) SLA
11 1 (0.97%) AIFMD
11 1 (0.97%) Basel II
Vendors
1 11 (10.68%) Tableau
2 7 (6.80%) Informatica
3 6 (5.83%) Microsoft
4 4 (3.88%) GoldenSource
5 3 (2.91%) Apple
5 3 (2.91%) Google
5 3 (2.91%) IBM
5 3 (2.91%) Syncsort
5 3 (2.91%) Trillium
6 1 (0.97%) Algorithmics
6 1 (0.97%) Perforce