Statistical Modelling Jobs

Statistical Modelling
UK

The table below provides summary statistics for permanent job vacancies requiring Statistical Modelling skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited Statistical Modelling over the 6 months leading up to 26 July 2024, comparing them to the same period in the previous two years.

6 months to
26 Jul 2024
Same period 2023 Same period 2022
Rank 687 601 801
Rank change year-on-year -86 +200 -29
Permanent jobs citing Statistical Modelling 155 301 508
As % of all permanent jobs advertised in the UK 0.17% 0.37% 0.29%
As % of the Processes & Methodologies category 0.21% 0.39% 0.30%
Number of salaries quoted 77 241 166
10th Percentile £40,250 £35,500 £39,000
25th Percentile £50,000 £37,250 £44,192
Median annual salary (50th Percentile) £60,000 £50,139 £60,000
Median % change year-on-year +19.67% -16.44% -
75th Percentile £93,250 £71,250 £73,000
90th Percentile £116,500 £89,417 £87,500
UK excluding London median annual salary £57,500 £44,033 £60,000
% change year-on-year +30.59% -26.61% +14.29%

All Process and Methodology Skills
UK

Statistical Modelling falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies requiring process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 73,969 76,929 168,958
As % of all permanent jobs advertised in the UK 81.84% 95.34% 96.40%
Number of salaries quoted 48,628 50,249 85,709
10th Percentile £30,000 £33,750 £33,750
25th Percentile £40,000 £45,000 £44,250
Median annual salary (50th Percentile) £55,000 £60,000 £60,000
Median % change year-on-year -8.33% - +9.09%
75th Percentile £73,750 £80,000 £80,000
90th Percentile £93,750 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +6.06%

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 26 July 2024.

Salary histogram for Statistical Modelling in the UK

Statistical Modelling
Top 15 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 26 July 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 -81 138 £60,000 +19.67% 41
London +67 80 £90,000 +33.33% 17
UK excluding London -143 71 £57,500 +30.59% 38
Work from Home +1 31 £60,000 +4.35% 23
Midlands -68 16 £40,000 +5.26% 4
South East +11 15 £45,500 +13.75% 4
South West -31 13 £62,500 +13.88% 5
North of England -26 11 £60,000 +12.15% 14
North West -11 10 £60,000 +36.26% 12
West Midlands -53 10 £57,500 +51.32% 3
Scotland -53 9 £91,500 +87.32% 6
East Midlands -25 6 £40,000 +20.30% 1
Northern Ireland - 5 - - 5
East of England -4 2 £66,250 +89.29%
Yorkshire +27 1 £42,500 -27.66% 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 11 (7.10%) SAS
2 3 (1.94%) Apache Spark
3 2 (1.29%) Apache
3 2 (1.29%) Apache Airflow
3 2 (1.29%) Jupyter
4 1 (0.65%) Luigi
Applications
1 15 (9.68%) Microsoft Excel
2 4 (2.58%) SPSS
3 3 (1.94%) Microsoft PowerPoint
4 2 (1.29%) Simulink
4 2 (1.29%) Stateflow
Business Applications
1 14 (9.03%) Ripple
Cloud Services
1 31 (20.00%) AWS
2 22 (14.19%) Azure
3 20 (12.90%) Power Platform
4 15 (9.68%) GCP
5 9 (5.81%) Cloud Computing
6 5 (3.23%) Snowflake
7 4 (2.58%) Amazon S3
7 4 (2.58%) Google Analytics
8 3 (1.94%) AWS Lambda
8 3 (1.94%) Google Workspace
8 3 (1.94%) Serverless
9 2 (1.29%) Amazon SageMaker
9 2 (1.29%) dbt
10 1 (0.65%) Amazon EC2
10 1 (0.65%) Azure Machine Learning
10 1 (0.65%) PowerApps
Communications & Networking
1 14 (9.03%) Internet
Database & Business Intelligence
1 20 (12.90%) Power BI
2 16 (10.32%) Tableau
3 13 (8.39%) Big Data
3 13 (8.39%) Data Warehouse
4 6 (3.87%) MS Access
5 5 (3.23%) Amazon QuickSight
5 5 (3.23%) Data Mining
6 4 (2.58%) Data Mart
6 4 (2.58%) Power Query
6 4 (2.58%) SQL Server
7 3 (1.94%) Amazon Athena
8 2 (1.29%) Azure SQL Data Warehouse
8 2 (1.29%) BigQuery
8 2 (1.29%) Bigtable
8 2 (1.29%) Data Lake
8 2 (1.29%) Oracle Database
8 2 (1.29%) PostgreSQL
8 2 (1.29%) Redis
9 1 (0.65%) Relational Database
9 1 (0.65%) RethinkDB
General
1 75 (48.39%) Finance
2 67 (43.23%) Social Skills
3 62 (40.00%) Analytical Skills
4 25 (16.13%) Retail
5 24 (15.48%) Banking
6 23 (14.84%) Wholesale Banking
7 15 (9.68%) Law
8 14 (9.03%) Financial Institution
8 14 (9.03%) Legal
9 11 (7.10%) Marketing
10 9 (5.81%) Manufacturing
10 9 (5.81%) Presentation Skills
11 8 (5.16%) Influencing Skills
12 6 (3.87%) Games
13 5 (3.23%) Advertising
13 5 (3.23%) Inclusion and Diversity
14 2 (1.29%) Local Government
15 1 (0.65%) Organisational Skills
15 1 (0.65%) Telecoms
Job Titles
1 41 (26.45%) Senior
2 39 (25.16%) Analyst
3 30 (19.35%) Data Scientist
4 23 (14.84%) Risk Manager
5 20 (12.90%) Senior Data Scientist
6 15 (9.68%) Credit Risk Manager
7 13 (8.39%) Qualitative Analyst
7 13 (8.39%) Quantitative Analyst
8 12 (7.74%) Systems Engineer
9 10 (6.45%) Consultant
9 10 (6.45%) Senior Analyst
10 9 (5.81%) Data Analyst
10 9 (5.81%) Developer
11 6 (3.87%) Control Systems Engineer
11 6 (3.87%) Data Manager
11 6 (3.87%) Senior Data Analyst
11 6 (3.87%) Supply Chain Analyst
12 4 (2.58%) Pricing Analyst
12 4 (2.58%) Python Developer
12 4 (2.58%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 12 (7.74%) PySpark
2 10 (6.45%) TensorFlow
3 6 (3.87%) PyTorch
4 5 (3.23%) ATL
4 5 (3.23%) Pandas
4 5 (3.23%) Shiny
5 3 (1.94%) Keras
5 3 (1.94%) scikit-learn
6 2 (1.29%) .NET Framework
6 2 (1.29%) Anaconda
6 2 (1.29%) ASP.NET Core
6 2 (1.29%) CSS
6 2 (1.29%) CSS3
6 2 (1.29%) Entity Framework
6 2 (1.29%) HTML5
6 2 (1.29%) React
6 2 (1.29%) Sass
6 2 (1.29%) SQLAlchemy
6 2 (1.29%) Svelte
6 2 (1.29%) Vue
Miscellaneous
1 26 (16.77%) Credit Risk
2 25 (16.13%) Algorithms
3 20 (12.90%) Onboarding
4 15 (9.68%) Foreign Exchange (FX)
5 14 (9.03%) Blockchain
6 8 (5.16%) Robotics
7 7 (4.52%) Self-Motivation
8 4 (2.58%) Equities
9 3 (1.94%) Cloud Native
9 3 (1.94%) Digital Media
9 3 (1.94%) Management Information System
10 2 (1.29%) Analytical Mindset
10 2 (1.29%) Data Protection Act
10 2 (1.29%) PropTech
10 2 (1.29%) Reinsurance
10 2 (1.29%) Video\Live Streaming
10 2 (1.29%) Virtual Reality
11 1 (0.65%) CUDA
11 1 (0.65%) Data Structures
11 1 (0.65%) Team-Oriented Environment
Operating Systems
1 2 (1.29%) Windows
1 2 (1.29%) Windows Vista
Processes & Methodologies
1 89 (57.42%) Mathematics
2 65 (41.94%) Problem-Solving
3 63 (40.65%) Computer Science
3 63 (40.65%) Data Science
4 62 (40.00%) Machine Learning
5 54 (34.84%) Statistics
6 51 (32.90%) Analytics
7 48 (30.97%) Decision-Making
8 43 (27.74%) Data Analysis
9 42 (27.10%) Project Management
10 37 (23.87%) Mathematical Modelling
11 31 (20.00%) Physics
12 29 (18.71%) Business Intelligence
12 29 (18.71%) Mentoring
13 28 (18.06%) Visualisation
14 27 (17.42%) Data Visualisation
15 26 (16.77%) Coaching
15 26 (16.77%) Collaborative Culture
16 24 (15.48%) Credit Risk Modelling
17 21 (13.55%) Roadmaps
Programming Languages
1 120 (77.42%) Python
2 52 (33.55%) SQL
3 43 (27.74%) R
4 23 (14.84%) Java
5 17 (10.97%) C++
6 16 (10.32%) MATLAB
7 15 (9.68%) C#
8 8 (5.16%) VBA
9 6 (3.87%) Data Analysis Expressions
10 3 (1.94%) Scala
10 3 (1.94%) T-SQL
11 2 (1.29%) JavaScript
11 2 (1.29%) Julia
11 2 (1.29%) PHP
11 2 (1.29%) TypeScript
12 1 (0.65%) C
Qualifications
1 110 (70.97%) Degree
2 53 (34.19%) Master's Degree
3 38 (24.52%) PhD
4 12 (7.74%) Numerate Degree
5 8 (5.16%) Security Cleared
6 6 (3.87%) MBA
6 6 (3.87%) Six Sigma Black Belt
7 4 (2.58%) Computer Science Degree
8 3 (1.94%) AWS Certification
8 3 (1.94%) AWS Certified Solutions Architect
8 3 (1.94%) SC Cleared
9 2 (1.29%) BPSS Clearance
10 1 (0.65%) DBS Check
Quality Assurance & Compliance
1 8 (5.16%) IFRS
1 8 (5.16%) IFRS 9
2 7 (4.52%) QA
3 3 (1.94%) ISO/IEC 27001
4 2 (1.29%) GDPR
5 1 (0.65%) Data Quality
System Software
1 5 (3.23%) Docker
Systems Management
1 3 (1.94%) Kubernetes
Vendors
1 15 (9.68%) Microsoft
2 14 (9.03%) Google
3 9 (5.81%) Databricks
4 6 (3.87%) Minitab
5 4 (2.58%) Alteryx
6 3 (1.94%) Oracle
7 2 (1.29%) Cognos
7 2 (1.29%) OpenAI
8 1 (0.65%) Dataiku