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.

Internship programme

Our internship programme is designed to provide hands on work experience within a fast-pace financial services environment, allowing you to develop the key skills to jump-start your career.  

The 8 week structured programme will start with a fundamentals week offering insight into Rothesay, your team and the financial services industry.  Through-out the programme there will be both on-desk and off-desk technical and business skills training, providing career building exposure to accelerate your future after you graduate.  You will gain visibility and experience in a flat structure, with the opportunity to network and socialise across different levels and teams throughout the firm.  Rothesay is a rewarding place to work, where quality people can thrive and prosper.

What you’ll do

We are currently looking to hire interns to join our Trading and Asset Management functions.  We have roles across trading, asset origination and quantitative risk trading.  Your application will be considered across all these business areas.

Our trading and asset management functions are key in managing our asset books, and ensuring the origination, evaluation and execution of key assets. The teams work in a fast-paced environment, and you will be joining a high calibre multi-disciplined department . We are looking for driven individuals with a numerical and analytical background.

The teams

Trading

The trading team is responsible for the analysis, risk management and trade execution relating to all markets relevant to Rothesay. The team particularly focuses on relative value and deployment opportunities across all our asset classes, as well as trading the global macro positions of the firm. A significant part of all roles on the trading team is interacting with both internal teams and external counterparties.

Asset origination

The asset origination team source potential deals and manage the deal execution process. Building out dynamic financial models you will have the opportunity to conduct detailed analysis and identify the potential risks for the deals.  You’ll have the chance to build strong commercial skills and a solid project management toolkit, whilst assisting in the management of internal and external stakeholders during deal execution.

Quantitative risk trading

The quantitative risk trading team focuses on quantitative analysis of potential assets the firm have the opportunity to purchase, as well as taking a holistic approach to risk management and hedging strategy of the growing portfolio. It offers a great growth-opportunity for technically strong, highly motivated candidates, with excellent communication skills. The team specialises in valuing the most complex elements of the growing asset pool and managing the more exotic risks Rothesay face.

What we’re looking for

  • We recruit from all academic disciplines; although a high degree of numeracy is essential.
  • Impeccable academic credentials.
  • You will need to demonstrate a clear interest in a career in Financial Services and in particular, in trading and/or structured finance.
  • Fluency in English is a prerequisite.