Period
to 14 December 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 14 December 2018 with a comparison to the same period in the previous 2 years.

Solvency II
UK
6 months to
14 Dec 2018
Same period 2017 Same period 2016
Rank 1001 1132 1113
Rank change year-on-year +131 -19 -21
Permanent jobs citing Solvency II 139 74 105
As % of all permanent IT jobs advertised in the UK 0.087% 0.041% 0.057%
As % of the Quality Assurance & Compliance category 0.64% 0.33% 0.44%
Number of salaries quoted 125 66 93
UK median annual salary £70,000 £62,500 £60,000
Median salary % change year-on-year +12.00% +4.17% -
10th Percentile £52,500 £38,750 £42,600
90th Percentile £90,750 £82,250 £82,500
UK excluding London median annual salary - £51,250 £59,960
% change year-on-year - -14.53% +19.92%

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 21,572 22,551 23,748
As % of all permanent IT jobs advertised in the UK 13.54% 12.55% 12.80%
Number of salaries quoted 16,081 17,048 18,805
UK median annual salary £50,000 £50,000 £47,500
Median salary % change year-on-year - +5.26% -
10th Percentile £27,500 £27,500 £27,227
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% - -

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 14 December 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 14 December 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 +145 139 £70,000 +12.00% 11
London +143 138 £70,000 +12.00% 11
UK excluding London +33 1 - - 1
South West +16 1 - -

For the 6 months to 14 December 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 93 (66.91%) Finance
2 52 (37.41%) IFRS
3 51 (36.69%) Dodd-Frank
4 47 (33.81%) GDPR
4 47 (33.81%) Banking
5 37 (26.62%) Business Intelligence
5 37 (26.62%) Data Governance
5 37 (26.62%) Data Quality
6 33 (23.74%) SQL
7 32 (23.02%) Anti-Money Laundering
8 28 (20.14%) Migration
8 28 (20.14%) FATCA
9 26 (18.71%) Degree
10 25 (17.99%) Data Migration
10 25 (17.99%) Business Analysis
11 24 (17.27%) Data Management
11 24 (17.27%) Data Warehouse
11 24 (17.27%) Visualisation
12 22 (15.83%) Big Data
12 22 (15.83%) IFRS 9
12 22 (15.83%) Financial Institution
13 21 (15.11%) QlikView
13 21 (15.11%) Data Visualisation
14 20 (14.39%) Analytics
14 20 (14.39%) Data Science
15 19 (13.67%) Project Management
16 17 (12.23%) Microsoft Excel
16 17 (12.23%) SQL Server Reporting Services
17 16 (11.51%) SQL Server Analysis Services
17 16 (11.51%) Change Management

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 10 (7.19%) SAS
2 3 (2.16%) Apache Spark
Applications
1 17 (12.23%) Microsoft Excel
2 7 (5.04%) Microsoft PowerPoint
2 7 (5.04%) MS Visio
Business Applications
1 6 (4.32%) Cognos TM1
Cloud Services
1 4 (2.88%) Microsoft Azure
2 3 (2.16%) Amazon AWS
2 3 (2.16%) Cortana Intelligence Suite
2 3 (2.16%) Siri
3 1 (0.72%) Office 365
Communications & Networking
1 2 (1.44%) LAN
1 2 (1.44%) SAN
1 2 (1.44%) VoIP
1 2 (1.44%) WAN
2 1 (0.72%) Unified Communications
Database & Business Intelligence
1 24 (17.27%) Data Warehouse
2 22 (15.83%) Big Data
3 21 (15.11%) QlikView
4 17 (12.23%) SQL Server Reporting Services
5 16 (11.51%) SQL Server Analysis Services
6 15 (10.79%) Power BI
7 10 (7.19%) SQL Server Integration Services
8 6 (4.32%) ActiveReports
8 6 (4.32%) Cognos Framework Manager
8 6 (4.32%) Cognos Report Studio
9 3 (2.16%) Apache Cassandra
9 3 (2.16%) Apache Hive
9 3 (2.16%) Hadoop
9 3 (2.16%) HBase
9 3 (2.16%) MongoDB
9 3 (2.16%) Neo4j
10 1 (0.72%) BusinessObjects
10 1 (0.72%) Data Lake
10 1 (0.72%) Qlik Sense
10 1 (0.72%) Spotfire
Development Applications
1 5 (3.60%) JIRA
1 5 (3.60%) Subversion
2 2 (1.44%) Eclipse
General
1 93 (66.91%) Finance
2 47 (33.81%) Banking
3 22 (15.83%) Financial Institution
4 13 (9.35%) Advertising
5 11 (7.91%) Retail
6 9 (6.47%) Investment Banking
7 8 (5.76%) Legal
8 5 (3.60%) Telecoms
9 1 (0.72%) Front Office
9 1 (0.72%) Retail Banking
Job Titles
1 47 (33.81%) Data Manager
2 38 (27.34%) Analyst
3 29 (20.86%) Business Analyst
4 21 (15.11%) Insurance Business Analyst
5 19 (13.67%) Data Migration Manager
5 19 (13.67%) Migration Manager
6 15 (10.79%) Business Intelligence Analyst
6 15 (10.79%) Business Intelligence Business Analyst
6 15 (10.79%) Data Governance Analyst
6 15 (10.79%) Data Governance Manager
6 15 (10.79%) Governance Manager
7 14 (10.07%) Project Manager
8 12 (8.63%) Consultant
8 12 (8.63%) Data Consultant
9 11 (7.91%) Developer
10 6 (4.32%) Management Consultant
10 6 (4.32%) TM1 Developer
11 5 (3.60%) Compliance Project Manager
11 5 (3.60%) GDPR Project Manager
11 5 (3.60%) Senior Developer
Libraries, Frameworks & Software Standards
1 3 (2.16%) D3.js
1 3 (2.16%) Natural Language Processing
2 1 (0.72%) Flash
Miscellaneous
1 15 (10.79%) Taxonomies
2 5 (3.60%) Analytical Skills
3 4 (2.88%) Algorithms
4 3 (2.16%) Data Structures
5 2 (1.44%) Data Centre
5 2 (1.44%) Embedded Systems
5 2 (1.44%) Management Information System
5 2 (1.44%) Market Risk
6 1 (0.72%) Equities
6 1 (0.72%) Fixed Income
6 1 (0.72%) Grid Computing
6 1 (0.72%) Private Cloud
6 1 (0.72%) Public Cloud
6 1 (0.72%) Reinsurance
Operating Systems
1 6 (4.32%) Unix
Processes & Methodologies
1 37 (26.62%) Business Intelligence
1 37 (26.62%) Data Governance
2 32 (23.02%) Anti-Money Laundering
3 28 (20.14%) Migration
4 25 (17.99%) Business Analysis
4 25 (17.99%) Data Migration
5 24 (17.27%) Data Management
5 24 (17.27%) Visualisation
6 21 (15.11%) Data Visualisation
7 20 (14.39%) Analytics
7 20 (14.39%) Data Science
8 19 (13.67%) Project Management
9 16 (11.51%) Change Management
9 16 (11.51%) Regulatory Compliance
10 13 (9.35%) ETL
10 13 (9.35%) Stakeholder Management
11 12 (8.63%) Validation
12 10 (7.19%) Coaching
12 10 (7.19%) Data Lineage
13 9 (6.47%) Line Management
Programming Languages
1 33 (23.74%) SQL
2 10 (7.19%) Python
3 9 (6.47%) R
3 9 (6.47%) VBA
4 5 (3.60%) C++
5 4 (2.88%) Shell Script
6 2 (1.44%) C
6 2 (1.44%) C#
7 1 (0.72%) Java
7 1 (0.72%) MATLAB
Qualifications
1 26 (18.71%) Degree
2 7 (5.04%) PMI Certification
2 7 (5.04%) PMP
3 1 (0.72%) ACCA
3 1 (0.72%) CIMA
3 1 (0.72%) Computer Science Degree
3 1 (0.72%) MBA
Quality Assurance & Compliance
1 52 (37.41%) IFRS
2 51 (36.69%) Dodd-Frank
3 47 (33.81%) GDPR
4 37 (26.62%) Data Quality
5 28 (20.14%) FATCA
6 22 (15.83%) IFRS 9
7 12 (8.63%) Sarbanes-Oxley
8 4 (2.88%) QA
9 3 (2.16%) CRD IV
9 3 (2.16%) MiFID
10 2 (1.44%) COBIT
10 2 (1.44%) SLA
11 1 (0.72%) AIFMD
11 1 (0.72%) Basel II
System Software
1 1 (0.72%) Hyper-V
1 1 (0.72%) VMware Infrastructure
Systems Management
1 1 (0.72%) Cisco CUCM
1 1 (0.72%) SCCM
1 1 (0.72%) SCOM
1 1 (0.72%) SCOrch
Vendors
1 16 (11.51%) Tableau
2 10 (7.19%) Informatica
3 9 (6.47%) IBM
4 7 (5.04%) Cognos
4 7 (5.04%) GoldenSource
5 6 (4.32%) Microsoft
6 5 (3.60%) Perforce
7 3 (2.16%) Apple
7 3 (2.16%) Google
7 3 (2.16%) Syncsort
7 3 (2.16%) Trillium
8 1 (0.72%) Algorithmics
8 1 (0.72%) Cloudera
8 1 (0.72%) VMware