Statistical Modelling
UK

The following table provides summary statistics for permanent job vacancies with a requirement for Statistical Modelling skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited Statistical Modelling over the 6 months to 29 February 2024 with a comparison to the same period in the previous 2 years.

6 months to
29 Feb 2024
Same period 2023 Same period 2022
Rank 559 708 787
Rank change year-on-year +149 +79 -111
Permanent jobs citing Statistical Modelling 277 327 397
As % of all permanent jobs advertised in the UK 0.34% 0.29% 0.28%
As % of the Processes & Methodologies category 0.39% 0.31% 0.29%
Number of salaries quoted 141 246 155
10th Percentile £46,306 £35,500 £36,480
25th Percentile £50,172 £37,000 £43,750
Median annual salary (50th Percentile) £57,500 £55,000 £60,000
Median % change year-on-year +4.55% -8.33% +2.57%
75th Percentile £72,433 £75,000 £72,500
90th Percentile £96,539 £82,500 £85,570
UK excluding London median annual salary £56,250 £45,000 £48,750
% change year-on-year +25.00% -7.69% -2.51%

All Process and Methodology Skills
UK

Statistical Modelling is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies with a requirement for process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 71,793 106,937 134,876
As % of all permanent jobs advertised in the UK 88.37% 95.56% 95.13%
Number of salaries quoted 53,117 64,503 82,152
10th Percentile £29,445 £34,500 £33,000
25th Percentile £40,000 £45,750 £43,750
Median annual salary (50th Percentile) £55,000 £62,500 £60,000
Median % change year-on-year -12.00% +4.17% +9.09%
75th Percentile £75,000 £82,500 £78,750
90th Percentile £95,000 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £51,500
% change year-on-year -9.09% +6.80% +8.42%

Statistical Modelling
Job Vacancy Trend

Job postings citing Statistical Modelling as a proportion of all IT jobs advertised.

Job vacancy trend for Statistical Modelling in the UK

Statistical Modelling
Salary Trend

3-month moving average salary quoted in jobs citing Statistical Modelling.

Salary trend for Statistical Modelling in the UK

Statistical Modelling
Salary Histogram

Salary distribution for jobs citing Statistical Modelling over the 6 months to 29 February 2024.

Salary histogram for Statistical Modelling in the UK

Statistical Modelling
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Statistical Modelling within the UK over the 6 months to 29 February 2024. 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
Jobs
England +161 257 £57,500 - 75
UK excluding London +139 217 £56,250 +25.00% 25
South East +141 105 £56,750 -18.93% 6
London +124 59 £62,500 -13.79% 47
Work from Home +69 51 £57,500 -4.17% 20
Midlands +11 51 £57,500 +51.32% 2
West Midlands +37 48 £57,500 +51.32% 1
North of England +97 29 £51,528 -6.31% 10
Yorkshire +96 21 £51,528 -6.11% 4
Scotland -16 14 £70,576 +75.94% 2
South West -7 13 £55,000 +0.22% 2
North West +50 8 £60,000 -5.88% 5
Wales +12 5 £51,528 - 1
East Midlands -4 3 £40,000 -33.33% 1

Statistical Modelling
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 26 (9.39%) SAS
2 18 (6.50%) Apache Spark
3 16 (5.78%) Apache
4 2 (0.72%) Apache Airflow
4 2 (0.72%) Luigi
Applications
1 19 (6.86%) Microsoft Excel
2 4 (1.44%) Simulink
2 4 (1.44%) Stateflow
3 3 (1.08%) SPSS
4 2 (0.72%) EViews
4 2 (0.72%) Microsoft PowerPoint
Cloud Services
1 36 (13.00%) Azure
2 27 (9.75%) Power Platform
3 14 (5.05%) Azure Synapse Analytics
4 13 (4.69%) GCP
5 12 (4.33%) AWS
6 6 (2.17%) Snowflake
7 4 (1.44%) Azure Data Factory
7 4 (1.44%) Azure Stack
7 4 (1.44%) Vertex AI
8 2 (0.72%) Cloud Computing
8 2 (0.72%) SaaS
9 1 (0.36%) Adobe Analytics
9 1 (0.36%) Google Analytics
9 1 (0.36%) Intacct
Communications & Networking
1 1 (0.36%) Internet
Database & Business Intelligence
1 27 (9.75%) Power BI
2 22 (7.94%) Tableau
3 8 (2.89%) Big Data
4 6 (2.17%) SQL Server
5 5 (1.81%) Data Mining
6 4 (1.44%) BusinessObjects
6 4 (1.44%) Microsoft Analysis Services
6 4 (1.44%) SQL Server Analysis Services
6 4 (1.44%) Text Mining
7 3 (1.08%) Data Warehouse
7 3 (1.08%) Relational Database
8 2 (0.72%) Hadoop
9 1 (0.36%) CouchDB
9 1 (0.36%) GIS
9 1 (0.36%) PostgreSQL
9 1 (0.36%) Qlik Sense
9 1 (0.36%) RDBMS
9 1 (0.36%) Redis
9 1 (0.36%) RethinkDB
9 1 (0.36%) SQL Server Reporting Services
Development Applications
1 1 (0.36%) Git
General
1 123 (44.40%) Inclusion and Diversity
2 58 (20.94%) Analytical Skills
2 58 (20.94%) Finance
2 58 (20.94%) Social Skills
3 42 (15.16%) Banking
4 23 (8.30%) Games
4 23 (8.30%) Retail
5 20 (7.22%) Presentation Skills
6 13 (4.69%) Law
7 10 (3.61%) Marketing
8 9 (3.25%) Retail Finance
9 3 (1.08%) Local Government
10 1 (0.36%) Influencing Skills
10 1 (0.36%) Legal
10 1 (0.36%) Manufacturing
10 1 (0.36%) Organisational Skills
10 1 (0.36%) Publishing
10 1 (0.36%) Tech for Good
10 1 (0.36%) Telecoms
Job Titles
1 181 (65.34%) Data Scientist
2 84 (30.32%) Analyst
3 75 (27.08%) Senior
4 55 (19.86%) Senior Analyst
5 30 (10.83%) Senior Data Scientist
6 27 (9.75%) Data Analyst
7 22 (7.94%) Senior Data Analyst
8 19 (6.86%) Junior
9 18 (6.50%) Qualitative Analyst
9 18 (6.50%) Quantitative Analyst
10 12 (4.33%) Computer Scientist
10 12 (4.33%) Junior Analyst
10 12 (4.33%) Junior Quantitative Analyst
10 12 (4.33%) Research Scientist
11 9 (3.25%) Customer Analyst
11 9 (3.25%) Operations Analyst
11 9 (3.25%) Senior Operations Analyst
12 8 (2.89%) Lead
13 7 (2.53%) Junior Data Scientist
13 7 (2.53%) Lead Data Scientist
Libraries, Frameworks & Software Standards
1 122 (44.04%) Velocity
2 25 (9.03%) Pandas
3 16 (5.78%) XGBoost
4 10 (3.61%) PyTorch
4 10 (3.61%) TensorFlow
5 3 (1.08%) scikit-learn
6 1 (0.36%) ATL
6 1 (0.36%) NumPy
6 1 (0.36%) Shiny
6 1 (0.36%) SQLAlchemy
Miscellaneous
1 135 (48.74%) Algorithms
2 24 (8.66%) Credit Risk
3 22 (7.94%) Data Structures
4 10 (3.61%) Self-Motivation
5 9 (3.25%) Video\Live Streaming
5 9 (3.25%) Virtual Reality
6 6 (2.17%) Management Information System
7 4 (1.44%) Robotics
8 3 (1.08%) Analytical Mindset
9 2 (0.72%) Client/Server
9 2 (0.72%) Data Protection Act
9 2 (0.72%) Greenfield Project
9 2 (0.72%) Hedge funds
10 1 (0.36%) Data Centre
10 1 (0.36%) Derivative
10 1 (0.36%) Fixed Income
10 1 (0.36%) Freedom of Information
10 1 (0.36%) Linux Command Line
10 1 (0.36%) NHS
10 1 (0.36%) Onboarding
Operating Systems
1 2 (0.72%) Windows
1 2 (0.72%) Windows Vista
2 1 (0.36%) Unix
Processes & Methodologies
1 216 (77.98%) Data Science
2 179 (64.62%) Mathematics
3 165 (59.57%) Decision-Making
4 150 (54.15%) Computer Science
5 143 (51.62%) Mentoring
6 142 (51.26%) Data Analysis
7 139 (50.18%) Coaching
7 139 (50.18%) Problem-Solving
8 122 (44.04%) Cybersecurity
8 122 (44.04%) Digital Forensics
8 122 (44.04%) Red Team
9 84 (30.32%) Machine Learning
10 79 (28.52%) Analytics
11 54 (19.49%) Statistics
12 47 (16.97%) Agile
13 42 (15.16%) Actionable Insight
14 37 (13.36%) Physics
14 37 (13.36%) Validation
15 33 (11.91%) Artificial Intelligence
16 30 (10.83%) Business Intelligence
Programming Languages
1 129 (46.57%) Python
2 92 (33.21%) SQL
3 47 (16.97%) R
4 20 (7.22%) C#
5 17 (6.14%) C++
6 11 (3.97%) MATLAB
7 5 (1.81%) Scala
8 2 (0.72%) Julia
9 1 (0.36%) Data Analysis Expressions
Qualifications
1 197 (71.12%) Degree
2 25 (9.03%) PhD
3 22 (7.94%) Master's Degree
4 7 (2.53%) Security Cleared
5 4 (1.44%) BPSS Clearance
6 3 (1.08%) Numerate Degree
7 2 (0.72%) Computer Science Degree
7 2 (0.72%) DBS Check
Quality Assurance & Compliance
1 18 (6.50%) CRD IV
2 15 (5.42%) IFRS
2 15 (5.42%) IFRS 9
3 12 (4.33%) Data Quality
4 6 (2.17%) QA
5 2 (0.72%) Actionable Recommendations
6 1 (0.36%) Basel III
6 1 (0.36%) GDPR
System Software
1 1 (0.36%) Docker
Systems Management
1 1 (0.36%) Kubernetes
1 1 (0.36%) Puppet
Vendors
1 22 (7.94%) Microsoft
2 20 (7.22%) Databricks
3 15 (5.42%) Alteryx
4 7 (2.53%) Google
5 4 (1.44%) OpenAI
6 2 (0.72%) Oracle
7 1 (0.36%) Adobe
7 1 (0.36%) Cognos
7 1 (0.36%) Dataiku
7 1 (0.36%) Sage