2027 Summer Internship Programme - Quantitative Strategist (Hiring Immediately)

Application deadline: 1 December 2026 (applications may close earlier due to demand)

Programme start date: July 2027 (or sooner if desired)

Eligibility: Final or Penultimate year students graduating in Summer 2027 or 2028

Who we are:

Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. With over £74 billion of assets under management, we secure the pensions of more than one million people and pay out, on average, approximately £350 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:

Our Quantitative Strategists use their mathematical and scientific training to create financial products, advise clients on transactions, measure risk and identify market opportunities. They focus on the pricing and risk management of complex transactions, ranging from pension fund buyout trades to exotic assets and derivatives.

In their daily work, quantitative strategists work closely with our traders and structuring teams, analysing trades and asset origination opportunities for execution and ongoing measurement and management. This emphasis on advanced financial mathematics and a highly analytical approach as an integral part of the risk management of the firm distinguishes Rothesay from many of its competitors. In general, we are looking for smart, quantitative, commercial, problem-solving-oriented, “get-things-done” candidates with the skills to deliver robust, high performance software and quantitative analyses and with either experience in financial markets or a keen interest to learn about them.

What we offer

• A meritocratic, driven and stimulating environment where success and achievement are rewarded
• Work with support from leaders in the industry and excellent on-the-job training supplemented with class-based business training where best applied
• A competitive starting salary with a performance related bonus

What we’re looking for:

• Advanced quantitative skills (typically evidenced by a degree in maths, physics, engineering, etc. from a top university)
• Excellence in applied programming skills - Python, C, C++ or other major languages

Disclaimer:  This position description is intended to describe the duties most frequently performed by an individual in this position. It is not intended to be a complete list of assigned duties, but to describe a position level. The role shall be performed within a professional office environment. Rothesay has health and safety polices that are available for all workers upon request. There are no specific health risks associated with the role.

Inclusion: Rothesay actively promotes diversity and inclusivity. We know that our success depends on our people and that by nurturing a culture that values difference, we create a stronger, more dynamic business. We welcome applications from all qualified candidates, regardless of race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

The collection of applicant diversity data allows Rothesay to map and gain insights into the impact of our DEI strategy for talent attraction. This data is anonymised and is not analysed against individual applications. By requesting mapping our applicants’ demographic profiles, we can identify the under-represented groups. This enables us to identify any barriers to increasing our diversity and take action.