Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. With over £68 billion of assets under management, we secure the pensions of more than one million people and pay out, on average, approximately £200 million in pension payments each month.
Rothesay is dedicated to providing excellence in customer service alongside prudent underwriting, a conservative investment strategy and the careful management of risk. We are trusted by the pension schemes of some of the UK’s best known companies to provide pension solutions, including British Airways, Cadbury, the Civil Aviation Authority, the Co-Operative, Morrisons, Smiths Industries and Telent. At Rothesay, we are striving to transform our industry. We believe deeply in creating real security for the future and our leadership in finding new and better ways to do that is the key to our success. To do that, we need the very brightest original thinkers to bring creativity as well as rigour. Rothesay is a rewarding place to work, where quality people can thrive and prosper. We pride ourselves on the connections our people build, many of whom have been with us for over ten years.
Graduate programme
Our UK graduate programme is designed to kick-start careers for ambitious and analytical graduates who want to make an impact. Rothesay is built on a multi-talented, multi-disciplined model, collaborating directly and with singular focus to shape the future. Rothesay’s inclusive and collaborative working environment allows our graduates to build a broad skill-set and shape a strong internal network. We support your development journey, growth in your career, in addition to offering a competitive salary and tailored benefits.
Our 2 year* programme starts with a fundamentals week for the entire graduate cohort, where you will have in depth networking and insight sessions on Rothesay as a whole. From week two, you will join your team for professional integrated learning and start to make meaningful contributions. Throughout your first year, alongside your permanent role, you will be part of an on-site graduate development programme with both technical and business skills training. Our teams run lean, giving you excellent visibility and exposure throughout the business, and we will provide continuous training and upskilling for your future. Rothesay is a rewarding place to work, where quality people can thrive and prosper. Regular reviews will take place to support your learning and development with a formal assessment towards the end of the programme.
This opportunity is open to summer 2025 graduates who are looking to launch into their career within an entrepreneurial environment where talent can thrive and excel.
*3 years for Pricing and Capital roles
The role
A Product Controller within the Finance function will be part of the team responsible for daily P&L, asset valuation and regulatory submissions. In conjunction with other members of the team, this will involve detailed analysis of P&L drivers including underlying risk and market movements, review of all new trading activity, price verification of the balance sheet and participation in numerous projects.
This role requires extensive liaison with the trading desks, Operations teams, the Actuarial team as well as the Financial Reporting team. Product Controllers are expected to develop a good understanding of the financial products they monitor and of the strategies used by the business when investing in assets, for which the fundamental goal is to meet pension liabilities as they come due over a long time horizon. The function has become increasingly technical in content and offers a challenging and interesting role, which would suit dynamic, bright and ambitious individuals with a drive to succeed.
Candidates would be expected to study for the ACCA or CIMA exams. When you join us your work will initially be focused on the P&L and regulatory reporting (Solvency II QRTs) and as you progress you will be expected to work on the various work streams of the Product Control function.
What we’re looking for
- We recruit from all academic disciplines; although a high degree of numeracy is required.
- Excellent academic credentials are essential. You must have a minimum of a 2:1 or equivalent degree from a leading university.
- A desire to obtain ACCA or CIMA accreditation.
- Internships & work experience in the financial services is highly desired but not essential.
- You will need to demonstrate a clear interest and intellectual curiosity in the financial markets
- Fluency in English is a pre-requisite.
