Opportunities

Transitions Manager

Working with key internal and external stakeholders the Transition Manager is accountable for the implementation phase for all de-risking transactions from initial due diligence through to final premium adjustments and issuance of Individual Policies if applicable.

Key activities include:
• Manage a portfolio of implementations acting as a single point of contact for Trustees and their advisors. 
•  Participate in new business pitches to present on our service capability.
•  For Buy Out transactions, conduct detailed due diligence on pension schemes and their data to ensure that key cleansing items are identified.
•  Work with the business development and execution teams to agree key contractual terms for each transaction.
•  Work with new business pricing teams to ensure that benefit specifications are accurately written and reflect the proposed pension scheme liabilities.
•  Develop and manage project plans ensuring that both contractual and customer commitments are delivered on time, chairing regular implementation meetings with clients and their administrators as appropriate.
•  Write individual policy documentation ensuring that the benefits described are in line with those secured and then oversee the issuance of the policies.
•  Work with the operations team to ensure a seamless handover of schemes once the implementation phase is completed.
•  Produce weekly and monthly management information.
•  Keep up to date with legislative, product and market changes affecting our core business and the products that we offer.

Skills & experience:
•  Technical pensions knowledge (ideally final salary) including regulation and benefit structures
•  Good understanding of de-risking market and associated products
•  Experience of final salary pension schemes and benefit structures gained through operations, implementation or consulting
•  Exposure to working with or for pension advisory firms.
•  Managing complex projects / stakeholder groups 
•  Report writing and delivery of presentations 
•  Good evidence of successful project management planning & delivery
•  Demonstrable skills at stakeholder management
•  Excellent verbal and written communication/presentation skills
•  Organisation and self-management 
•  Completer/Finisher

Competencies:
•  Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
•  Drive and Motivation – Be a self-starter; successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
•  Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients and service providers, helps the client to identify/define needs and manages client/business expectations
•  Teamwork – Demonstrate evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions 
•  Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
•  Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives.  Sees the big picture and effectively analyses complex issues 
•  Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
•  Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions.  Takes a position on issues and influences others' opinions and presents persuasive recommendations

View Details

Summer Internship - Quant Analysts

Rothesay Life Summer Internship for Quantitative Analysts

Rothesay Life has places on its short 2017 Summer Internship for talented mathematics and computer science students which could lead to a permanent role as a quantitative analyst. 

About Quant Analyst Roles at Rothesay

In our daily work, we work closely with our traders and structuring team, analysing pension fund buyout trades and asset opportunities. We provide a comprehensive set of risk reports and pricing tools for the team, and are an integral part of the risk management of Rothesay Life. In general, we are looking for smart, quantitative, commercial, problem-solving-oriented, “get-things-done” candidates with an excellent academic record and a proven track record of delivering robust, high performance software and quantitative analyses in the financial markets.  

Our quantitative analysts occupy the intersection of finance, markets, maths, computer science, and programming. Working side by side with Rothesay’s trading, sales, banking and investment management professionals, members of the Quantitative Strategy team use their excellent mathematical and scientific training to create financial products, advise clients on transactions, measure risk and identify market opportunities.

What you will do

Based in The Leadenhall Building in London, our Quant Summer internship will run for 2 weeks from Monday 31st July until Friday 11th August 2017. The programme is high in intensity and will require you to undertake challenging project work, that will extend your skills, give you direct access to the high calibre multi-disciplined Rothesay team including our risk modelling team and our quantitative analyst team to gain insight into their work and how they support our front office activities.   
 

What we are looking for
Shortlisted candidates will:

  • Hold or expect to achieve a 1st class degree from a leading university in a relevant highly numerical degree, ideally in mathematics, computer science or related scientific area.
  • Have evidence of achieving academic excellence in mathematics and probability applied to the financial services sector.
  • Have relevant work experience in financial services using quantitative analysis and programming skills (Python, Java,  C, C++ or other major language).
  • Be fluent in English so that you can demonstrate excellent verbal and written communication skills for sharing and explaining your work to others.  
  • Be able to demonstrate commitment and enthusiasm for working in a quantitative team.
  • Be available for permanent work within 2 months of your graduation in 2017.

What we are offering

  • We will pay you £200 per day (£2,000 in total for the internship).  
  • All travel and accommodation expenses if required will be covered by the Company if you are not London-based.
  • By successfully completing this internship, you will have the chance to secure a permanent graduate role with Rothesay Life, starting after your graduation in 2017. Our starting salary package for the permanent role is very competitive.  This year, we are looking to offer 2-4 graduate roles. 
  • We  are a company of exceptional calibre with a client portfolio and shareholder base to match. We believe strongly in our meritocracy where success and achievement are rewarded. 

How to apply

You will need a 1 page CV and a 1 page cover letter (PDF format) that states in 300 words or less, why you want to work for Rothesay Life, why we should consider you and why you believe the match between yourself and our Company is a good one.

Applications will be accepted until Friday 9th June 2017.  Telephone interviews and office interviews will be held in May and June. 

Please apply via this link ensuring your documents are in PDF format.

View Details

Experienced Trader

Job title: Pensions Insurance Experienced Trader
Reports to: Chief Investment Officer
Contract : Permanent

Our Trading Desk works closely with our structuring, capital, risk and quant teams, analysing asset opportunities, pension fund buyout trades, and managing the company-wide market risks. In general, we are looking for smart, quantitative, commercial, problem-solving-oriented, “get-things-done” candidates with an excellent academic record and a genuine interest in fixed income markets.

Key activities
You will be exposed to trading in cash bonds and derivatives across interest, inflation and cross-currency markets. Initially you will:

  • manage the daily gamma and cross gammas on the overall portfolio;
  • design execution strategies in derivative products;
  • contribute to the management and expansion of the asset portfolio, with the view of gravitating towards certain sectors over time that complement your skill set.

The training you will undertake is high in intensity and will require you to undertake challenging project and day-to-day work that will extend your skills, and give you direct access to the high calibre multi-disciplined Rothesay trading team.


Skills & Experience:
Shortlisted candidates will meet the following requirements:

  • Have at a good level of highly relevant work experience for this role, demonstrating a strong track record within an asset manager or bank trading team.
  • Have had exposure to, and experience in, trading interest rate or inflation vol markets.
  • In-depth experience in gamma markets, primarily with regards to the optimal use of delta hedging strategies.
  • Hold a 2:1 or equivalent degree from a leading university in a relevant highly quantitative degree such as mathematics, economics, finance, or related scientific area.
  • Be fluent in English so that you can demonstrate excellent verbal and written communication skills for sharing and explaining your work to others.
  • Be able to demonstrate commitment and enthusiasm for working in a trading team.

 

Competencies

  • Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate financial/analytical skills
  • Drive and Motivation – Be a self-starter; successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks
  • Client and Business Focus - Effectively handles difficult requests, builds trusting, long-term relationships with clients and service providers, helps the client to identify/define needs and manages client/business expectations
  • Teamwork – Demonstrate evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions
  • Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others
  • Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues
  • Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value
  • Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations

CLOSING DATE: Wednesday 14th June 2017

SALARY: Competitive

HOW TO APPLY: Please apply via this link.  Please upload your CV, ensuring it is named and in PDF format. Applications will be accepted until Wednesday 14th June 2017 . Telephone interviews and office interviews will be held in May and June.

View Details
Back to top