Monte Carlo Method Jobs

Monte Carlo Simulation
UK

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

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 864 919 1184
Rank change year-on-year +55 +265 -268
Permanent jobs citing Monte Carlo Method 41 27 80
As % of all permanent jobs advertised in the UK 0.039% 0.028% 0.047%
As % of the Processes & Methodologies category 0.047% 0.030% 0.049%
Number of salaries quoted 29 14 36
10th Percentile £39,000 £40,371 £42,500
25th Percentile £55,000 £45,903 £102,500
Median annual salary (50th Percentile) £70,000 £75,000 £120,000
Median % change year-on-year -6.67% -37.50% +100.00%
75th Percentile £90,000 £82,500 £132,500
90th Percentile £140,000 - -
UK excluding London median annual salary £70,000 £75,000 £52,500
% change year-on-year -6.67% +42.86% -

All Process and Methodology Skills
UK

Monte Carlo Method 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 87,980 90,493 162,202
As % of all permanent jobs advertised in the UK 83.59% 95.46% 95.93%
Number of salaries quoted 61,356 54,578 82,967
10th Percentile £29,284 £34,000 £33,500
25th Percentile £40,000 £45,000 £43,750
Median annual salary (50th Percentile) £55,000 £60,899 £60,000
Median % change year-on-year -9.69% +1.50% +9.09%
75th Percentile £72,500 £81,250 £80,000
90th Percentile £92,500 £100,000 £96,250
UK excluding London median annual salary £50,000 £55,000 £52,500
% change year-on-year -9.09% +4.76% +9.38%

Monte Carlo Method
Job Vacancy Trend

Job postings citing Monte Carlo Method as a proportion of all IT jobs advertised.

Job vacancy trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Trend

3-month moving average salary quoted in jobs citing Monte Carlo Method.

Salary trend for Monte Carlo Method in the UK

Monte Carlo Method
Salary Histogram

Salary distribution for jobs citing Monte Carlo Method over the 6 months to 2 June 2024.

Salary histogram for Monte Carlo Method in the UK

Monte Carlo Method
Top 6 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Monte Carlo Method within the UK over the 6 months to 2 June 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 41 £70,000 -6.67% 20
UK excluding London -26 31 £70,000 -6.67% 11
South East +9 22 £70,000 - 2
Work from Home +52 13 £70,000 -6.67% 14
London +112 10 £115,000 - 9
South West -29 9 £55,000 -26.67% 4

Monte Carlo Method
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 3 (7.32%) CMS
Applications
1 4 (9.76%) Simulink
1 4 (9.76%) Stateflow
Cloud Services
1 4 (9.76%) Amazon Cognito
1 4 (9.76%) Amazon SQS
1 4 (9.76%) AWS
1 4 (9.76%) AWS Lambda
1 4 (9.76%) Boomi
1 4 (9.76%) Datadog
1 4 (9.76%) dbt
1 4 (9.76%) Fivetran
1 4 (9.76%) Prefect
1 4 (9.76%) Serverless
1 4 (9.76%) Snowflake
Database & Business Intelligence
1 4 (9.76%) Parquet
1 4 (9.76%) PostgreSQL
2 3 (7.32%) Big Data
3 2 (4.88%) Elasticsearch
Development Applications
1 17 (41.46%) GitLab
1 17 (41.46%) Visual Studio
2 1 (2.44%) GDB
2 1 (2.44%) Git
General
1 7 (17.07%) Finance
2 4 (9.76%) Games
3 3 (7.32%) Banking
3 3 (7.32%) Investment Banking
4 2 (4.88%) Analytical Skills
4 2 (4.88%) Social Skills
5 1 (2.44%) Financial Institution
Job Titles
1 17 (41.46%) Architect
1 17 (41.46%) Software Architect
2 6 (14.63%) Developer
3 4 (9.76%) Analyst
3 4 (9.76%) Machine Learning Developer
3 4 (9.76%) Qualitative Analyst
3 4 (9.76%) Quantitative Analyst
3 4 (9.76%) Senior
4 3 (7.32%) Risk Manager
5 2 (4.88%) Data Manager
5 2 (4.88%) Data Scientist
5 2 (4.88%) Operations Manager
5 2 (4.88%) Senior Data Scientist
6 1 (2.44%) Analytics Developer
6 1 (2.44%) DataOps Leader
6 1 (2.44%) Lead
6 1 (2.44%) Python Developer
6 1 (2.44%) Quantitative Developer
6 1 (2.44%) Risk Analytics Developer
6 1 (2.44%) Senior Developer
Libraries, Frameworks & Software Standards
1 4 (9.76%) JSON
1 4 (9.76%) PyTorch
1 4 (9.76%) RESTful
1 4 (9.76%) TensorFlow
2 2 (4.88%) PySpark
3 1 (2.44%) Boost C++ Libraries
3 1 (2.44%) Pandas
3 1 (2.44%) STL
Miscellaneous
1 10 (24.39%) Algorithms
2 4 (9.76%) Robotics
3 2 (4.88%) Derivative
3 2 (4.88%) Reinsurance
4 1 (2.44%) Fixed Income
4 1 (2.44%) Foreign Exchange (FX)
4 1 (2.44%) Hedge funds
4 1 (2.44%) Team-Oriented Environment
Operating Systems
1 3 (7.32%) Windows
Processes & Methodologies
1 24 (58.54%) Computer Science
2 23 (56.10%) Agile
2 23 (56.10%) Physics
3 17 (41.46%) Software Testing
4 14 (34.15%) Mathematics
5 11 (26.83%) Machine Learning
6 9 (21.95%) Artificial Intelligence
6 9 (21.95%) Validation
7 7 (17.07%) Data Analysis
8 6 (14.63%) Risk Management
9 5 (12.20%) Natural Language Processing
9 5 (12.20%) Signal Processing
9 5 (12.20%) Statistical Modelling
10 4 (9.76%) Analytics
10 4 (9.76%) Bayesian Methods
10 4 (9.76%) Decision Theory
10 4 (9.76%) Deep Learning
10 4 (9.76%) Game Theory
10 4 (9.76%) Kalman Filter
10 4 (9.76%) Random Forest
Programming Languages
1 29 (70.73%) Python
2 23 (56.10%) C++
3 22 (53.66%) Fortran
4 19 (46.34%) C#
4 19 (46.34%) SQL
5 9 (21.95%) MATLAB
6 4 (9.76%) Scala
Qualifications
1 30 (73.17%) Degree
2 29 (70.73%) Security Cleared
3 5 (12.20%) PhD
4 4 (9.76%) BPSS Clearance
5 3 (7.32%) SC Cleared
6 2 (4.88%) Computer Science Degree
6 2 (4.88%) Master's Degree
Quality Assurance & Compliance
1 1 (2.44%) Data Quality
1 1 (2.44%) MiFID
Vendors
1 22 (53.66%) Microsoft
2 4 (9.76%) Dataiku
2 4 (9.76%) OpenAI
3 2 (4.88%) Databricks