Monte Carlo Method Jobs with Work from Home Options

Monte Carlo Simulation
UK > Work from Home

The table below provides summary statistics for permanent remote or hybrid work requiring Monte Carlo Method skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited Monte Carlo Method over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 589 624 866
Rank change year-on-year +35 +242 -
Permanent jobs citing Monte Carlo Method 13 9 35
As % of all permanent jobs with a WFH option 0.037% 0.024% 0.046%
As % of the Processes & Methodologies category 0.041% 0.025% 0.048%
Number of salaries quoted 9 1 4
10th Percentile - - £89,625
25th Percentile £55,000 £67,500 £150,938
Median annual salary (50th Percentile) £70,000 £75,000 £200,000
Median % change year-on-year -6.67% -62.50% -
75th Percentile £150,000 £82,500 £215,000
90th Percentile - - -
UK median annual salary £70,000 £75,000 £115,000
% change year-on-year -6.67% -34.78% +91.67%

All Process and Methodology Skills
Work from Home

Monte Carlo Method falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all permanent job vacancies with remote or hybrid options requiring process or methodology skills.

Permanent vacancies with a requirement for process or methodology skills 31,847 35,988 73,511
As % of all permanent jobs with a WFH option 89.59% 96.02% 97.15%
Number of salaries quoted 23,766 25,695 42,040
10th Percentile £33,750 £37,500 £36,250
25th Percentile £42,500 £47,500 £46,250
Median annual salary (50th Percentile) £57,500 £63,000 £60,000
Median % change year-on-year -8.73% +5.00% +9.09%
75th Percentile £75,000 £82,500 £80,000
90th Percentile £95,000 £100,000 £95,000
UK median annual salary £55,000 £60,899 £60,000
% change year-on-year -9.69% +1.50% +9.09%

Monte Carlo Method
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Monte Carlo Method as a proportion of all IT jobs advertised.

Monte Carlo Method trend for jobs with a WFH option

Monte Carlo Method
Salary Trend for Jobs with a WFH Option

3-month moving average salary quoted in job vacancies with a work from home option citing Monte Carlo Method.

Monte Carlo Method salary trend for jobs with a WFH option

Monte Carlo Method
Salary Histogram for Jobs with a WFH Option

Salary distribution for jobs with a work from home option citing Monte Carlo Method over the 6 months to 12 June 2024.

Monte Carlo Method salary histogram for jobs with a WFH option

Monte Carlo Method
Co-occurring Skills and Capabilities with WFH Options 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 (23.08%) CMS
Applications
1 4 (30.77%) Simulink
1 4 (30.77%) Stateflow
Database & Business Intelligence
1 2 (15.38%) Big Data
Development Applications
1 1 (7.69%) Git
General
1 5 (38.46%) Finance
2 4 (30.77%) Games
3 3 (23.08%) Banking
3 3 (23.08%) Investment Banking
4 2 (15.38%) Social Skills
5 1 (7.69%) Analytical Skills
Job Titles
1 5 (38.46%) Developer
2 4 (30.77%) Machine Learning Developer
3 3 (23.08%) Analyst
3 3 (23.08%) Qualitative Analyst
3 3 (23.08%) Quantitative Analyst
3 3 (23.08%) Risk Manager
3 3 (23.08%) Senior
4 2 (15.38%) Data Scientist
4 2 (15.38%) Senior Data Scientist
5 1 (7.69%) Analytics Developer
5 1 (7.69%) Python Developer
5 1 (7.69%) Risk Analytics Developer
5 1 (7.69%) Senior Developer
5 1 (7.69%) Senior Python Developer
Libraries, Frameworks & Software Standards
1 4 (30.77%) PyTorch
1 4 (30.77%) TensorFlow
2 2 (15.38%) PySpark
3 1 (7.69%) Pandas
Miscellaneous
1 4 (30.77%) Algorithms
1 4 (30.77%) Robotics
2 2 (15.38%) Reinsurance
3 1 (7.69%) Derivative
3 1 (7.69%) Foreign Exchange (FX)
3 1 (7.69%) Hedge funds
3 1 (7.69%) Team-Oriented Environment
Operating Systems
1 3 (23.08%) Windows
Processes & Methodologies
1 7 (53.85%) Mathematics
2 6 (46.15%) Machine Learning
3 5 (38.46%) Agile
3 5 (38.46%) Natural Language Processing
3 5 (38.46%) Risk Management
3 5 (38.46%) Statistical Modelling
4 4 (30.77%) Algorithmic Trading
4 4 (30.77%) Artificial Intelligence
4 4 (30.77%) Bayesian Methods
4 4 (30.77%) Decision Theory
4 4 (30.77%) Deep Learning
4 4 (30.77%) Feasibility Study
4 4 (30.77%) Game Theory
4 4 (30.77%) Kalman Filter
4 4 (30.77%) Neural Network
4 4 (30.77%) Pattern Recognition
4 4 (30.77%) Random Forest
4 4 (30.77%) Reinforcement Learning
4 4 (30.77%) Simultaneous Localization and Mapping
4 4 (30.77%) Validation
Programming Languages
1 7 (53.85%) Python
2 4 (30.77%) C++
2 4 (30.77%) MATLAB
3 2 (15.38%) SQL
4 1 (7.69%) C#
Qualifications
1 7 (53.85%) Degree
1 7 (53.85%) Security Cleared
2 5 (38.46%) PhD
3 4 (30.77%) BPSS Clearance
4 3 (23.08%) SC Cleared
5 2 (15.38%) Computer Science Degree
5 2 (15.38%) Master's Degree
Quality Assurance & Compliance
1 1 (7.69%) Data Quality
Vendors
1 4 (30.77%) OpenAI
2 2 (15.38%) Databricks