2027 Summer Internship Programme - Quantitative Strategist

Rothesay Introduction

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 £200 million in pension payments each month.

We are 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, 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 achieve this, we require bright, original thinkers who bring both creativity and rigour. Rothesay is a rewarding place to work where quality people can thrive and prosper, valuing the connections our people build.

Internship Programme Details

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

The 8-week structured programme begins with a fundamentals week, offering insight into Rothesay, your team, and the financial services industry. Throughout the programme, you will receive both on-desk and off-desk technical and business skills training, providing career-building exposure to accelerate your future after graduation. You will gain visibility and experience in a flat structure, with opportunities to network and socialise across different levels and teams throughout the firm.

The Role: Quantitative Strategist

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

In daily work, quantitative strategists collaborate closely with our traders and structuring teams, analyzing trades and asset origination opportunities for execution and ongoing measurement and management. The emphasis on advanced financial mathematics and a highly analytical approach for the firm's risk management distinguishes Rothesay from many competitors. We seek candidates who are smart, quantitative, commercial, problem-solving-oriented, and results-driven, possessing the skills to deliver robust, high-performance software and quantitative analyses, ideally with experience or a keen interest in financial markets.

Key Requirements

• Advanced quantitative skills (typically evidenced by a degree in Maths, Physics, Computer Science, Engineering, etc.).
• Excellence in applied programming skills (Python, C, C++, or other major languages).

Application Details

Application Deadline: 15th November 2026

Programme Start Date: July 2027 (or sooner if desired)

Eligibility: Final or penultimate year students graduating in Summer 2027 or 2028.

Note: This position description outlines duties typically performed in this role and is not exhaustive. The role is performed within a professional office environment, and Rothesay provides health and safety policies available to all workers upon request. There are no specific health risks associated with this role.

Rothesay actively promotes diversity and inclusivity. We believe our success depends on our people, and we nurture a culture that values difference. 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 is anonymized to help Rothesay map and gain insights into the impact of our Diversity, Equity, and Inclusion (DEI) strategy for talent attraction by identifying under-represented groups and potential barriers to increasing our diversity.