Rothesay

The graduate cohort opens with a fundamentals week of cross-firm networking and insight sessions before each hire joins their permanent team from week two, with a parallel on-site development programme of technical and business-skills training during year one and a formal assessment toward the end of the two years. Recent intakes have hired into named function tracks including Macro Risk, Capital Actuarial, Quantitative Risk Trader, Operations and Software Engineer, with active 2026 vacancies posted on Rothesay's graduate openings page. Because Rothesay's teams run lean and hire small numbers in each track, the choice between tracks materially shapes the work from day one rather than being deferred to a later rotation.

The firm is a pure-play pension risk transfer business rather than a diversified insurer, which means graduate work sits close to the firm's only product line: bulk annuity pricing, longevity and asset-liability risk, and the investment portfolio backing those liabilities. For a candidate weighing graduate schemes, that focus is the trade-off to weigh: depth in pensions insurance and balance-sheet risk against the breadth on offer at a multi-line insurer or a universal bank.