London

Intern

Graduate

Part Qualified

Associate

Qualified

Life

Pensions

Reserving

Reporting

Reinsurance

Risk

Modelling

Bulk Annuities

Pricing

Valuation

Capital

Longevity

Excel

Rothesay is a leading life insurance and pensions provider based in the United Kingdom. Established in 2007, it specializes in bulk annuity and pension risk transfer transactions. Rothesay works with pension scheme trustees and sponsors to secure the long-term financial obligations of pension schemes, offering stability and security for retirees.

Rothesay

Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. With over £60 billion of assets under management, we secure the pensions of more than 930,000 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 Asda, British Airways, Cadbury, the Civil Aviation Authority, the Co-operative Bank, National Grid, Morrisons, the Post Office 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.Job title: Actuarial Assurance ActuaryReports to: Senior Lead Actuarial Assurance ActuaryRole type: PermanentThe team:The Rothesay Actuarial Assurance team was established in May 2021 and currently consists of the Head of Actuarial Assurance supported by the Senior Lead Actuarial Assurance Actuary and Actuarial Assurance Analyst. The function sits within the first line and is responsible for working with other teams within Rothesay to provide assurance on the quality and robustness of actuarial reporting, both internally and externally and across different purposes. The Head of Actuarial Assurance reports directly into the CFO and works closely with the Chief Capital Officer and the Co-Heads of Finance. The individual will report into the Senior Lead Actuarial Assurance Actuary, who is a qualified actuary with c.10 years PQE. The team has significant exposure across the business.Job responsibilities:<ul><li>Assurance over actuarial reporting:<ul><li>Work directly with other teams including the Capital Actuarial and Finance, along with coordinated activity with the Line 2 Chief Actuary and his team, to provide review and assurance over the quality of internal and external actuarial reporting across all bases and to assist with improvements as appropriate, including:
 <ul><li>Management information</li><li>IFRS report and accounts</li><li>MCEV</li><li>US GAAP</li><li>Solvency II results and disclosures</li></ul></li><li>Support the Capital Actuarial team in communicating with, and responding to, the external auditors, the Chief Actuary team.</li><li>Assist with the production of Actuarial Assurance reporting to Board and Executive level committees.</li></ul></li><li>Oversight of methodology and assumption setting, including:<ul><li>Be a point of contact for the other teams involved in assumption setting.</li><li>Where required support in the production of assumptions across all bases.</li><li>Assist with production of reserving methodology and assumptions reports for Board level committees.</li></ul></li><li>Support change initiatives:<ul><li>Support change initiatives over new accounting and reporting regulations and standards</li></ul></li><li>Model reviews:<ul><li>Review other actuarial models and assumptions within the company through “deep dives” (e.g. pricing, strategy, longevity) and working with the relevant team to assist with implementation of any needed changes.</li></ul></li></ul>Skills and experience required:<ul><li>A qualified actuary with at least 5 years’ experience in the insurance business, ideally with experience in annuities, reporting or auditing. Please ensure product experience is included in the CV or cover letter. Experience in Solvency II and IFRS17 are preferred.</li><li>A confident individual who is happy to share thoughts and ideas with a wide peer group.</li></ul>Rothesay Competencies<ul><li>Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical skills</li><li>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</li><li>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</li><li>Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others</li><li>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</li><li>Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value</li><li>Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations</li></ul>DisclaimerThis 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.InclusionRothesay 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.

Application deadline: 17 November 2023Programme start date: 16 September 2024Eligibility: Final year students graduating in Summer 2024Who we are:Rothesay is a leading UK pensions insurance specialist. Purpose-built to protect pensions, we manage over £48bn of assets and securing pensions for over 840,000 people. We secure pensions for over 200 pension schemes and insurers including British Airways, Post Office, ASDA, National Grid and Aegon.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.Graduate programme:Our UK graduate programme is designed to kick-start careers for ambitious and analytical graduates who want to make an impact. Rothesay is built on a multi-talented, multi-disciplined model, collaborating directly and with singular focus to shape the future. Rothesay’s inclusive and collaborative working environment allows our graduates to build a broad skill-set and shape a strong internal network. We support your development journey, growth in your career, in addition to a competitive salary and tailored benefits.The programme starts with a fundamentals week for the entire graduate cohort, where you will have in depth networking and insight sessions on Rothesay a whole. From week two, you will join your team for professional integrated learning and start to make meaningful contributions. Throughout your first year, alongside your permanent role, you will be part of an on-sight graduate development programme with both technical and business skills training. Our teams run lean, giving you excellent visibility and exposure throughout the business, and we will provide continuous training and upskilling for your future. Rothesay is a rewarding place to work, where quality people can thrive and prosper.This opportunity is open to summer 2024 graduates who are looking to launch into their career within an entrepreneurial environment where talent can thrive and excel.The roleWe have vacancies in the Pricing and Reinsurance team and the Capital team. The Pricing and Reinsurance team focuses on the pricing, underwriting, negotiation and execution of new pension and reinsurance deals, working with a focus on the largest deals in the market. The Capital team focuses on life insurance reporting and the monitoring of regulatory and economic capital, the computation of balance sheet impacts for a wide range of prospective asset and liability transactions, and delivering strategic regulatory-driven projects.Candidates would be expected to study for the Institute and Faculty of Actuaries (IFoA) qualification with an expected specialism in pensions or life insurance. When you join us, your work will be highly varied involving all aspects of pensions and insurance actuarial work, and will involve significant interaction both internally with other teams and disciplines throughout the business, and externally, with clients and advisors. You will need to be able to balance teamwork, intellectual curiosity and leadership potential with a passion for excellence and an interest in the financial markets.What we offer<ul><li>A meritocratic, driven and stimulating environment where success and achievement are rewarded</li><li>Work with support from leaders in the industry and excellent on-the-job training supplemented with class-based business training where best applied</li><li>A competitive starting salary with a performance related bonus</li><li>A full study support package (including a study budget and up to 40 study days per year) will be provided as you work towards your IFoA fellowship qualification</li></ul>What we are looking for<ul><li>We recruit from all academic disciplines; although a high degree of numeracy is essential.</li><li>Impeccable academic credentials are essential. You must have an expected degree minimum of a 2:1 or equivalent from a leading university.</li><li>Internships &amp; work experience in the financial services sector is desired but not essential.</li><li>You will need to demonstrate a clear interest and intellectual curiosity in the financial markets and an interest in applying your knowledge and skills to the pension insurance market.</li><li>You must be available for permanent work within 2 months of your graduation in 2024</li><li>Fluency in English is a prerequisite.</li></ul>DisclaimerThis 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 Life has health and safety polices that are available for all workers upon request. There are no specific health risks associated with the role.InclusionRothesay 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.

Application deadline: 17 November 2023Programme start date: 15 July 2024 (8 week programme)Eligibility: Penultimate year undergraduate studentsWho we are:Rothesay is a leading UK pensions insurance specialist. Purpose-built to protect pensions, we manage over £48bn of assets and securing pensions for over 840,000 people. We secure pensions for over 200 pension schemes and insurers including British Airways, Post Office, ASDA, National Grid and Aegon.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-paced 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. Throughout 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 socialize across different levels and teams throughout the firm. Rothesay is a rewarding place to work, where quality people can thrive and prosper.The roleWe have vacancies in the Pricing and Reinsurance team and the Capital team. The Pricing and Reinsurance team focuses on the pricing, underwriting, negotiation, and execution of new pension and reinsurance deals, working with a focus on the largest deals in the market. The Capital team focuses on life insurance reporting and the monitoring of regulatory and economic capital, the computation of balance sheet impacts for a wide range of prospective asset and liability transactions, and delivering strategic regulatory-driven projects.Candidates would be expected to study for the Institute and Faculty of Actuaries (IFoA) qualification with an expected specialism in pensions or life insurance. When you join us, your work will be highly varied involving all aspects of pensions and insurance actuarial work, and will involve significant interaction both internally with other teams and disciplines throughout the business, and externally, with clients and advisors. You will need to be able to balance teamwork, intellectual curiosity, and leadership potential with a passion for excellence and an interest in the financial markets.What we offer<ul><li>A meritocratic, driven and stimulating environment where success and achievement are rewarded</li><li>Work with support from leaders in the industry and excellent on-the-job training supplemented with class-based business training where best applied</li><li>A competitive starting salary with a performance-related bonus</li><li>A full study support package (including a study budget and up to 40 study days per year) will be provided as you work towards your IFoA fellowship qualification</li></ul>What we are looking for<ul><li>We recruit from all academic disciplines; although a high degree of numeracy is essential.</li><li>Impeccable academic credentials are essential. You must have an expected degree minimum of a 2:1 or equivalent from a leading university.</li><li>Internships &amp; work experience in the financial services sector is desired but not essential.</li><li>You will need to demonstrate a clear interest and intellectual curiosity in the financial markets and an interest in applying your knowledge and skills to the pension insurance market.</li><li>You must be available for permanent work within 2 months of your graduation in 2024</li><li>Fluency in English is a prerequisite.</li></ul>DisclaimerThis 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 Life has health and safety policies that are available for all workers upon request. There are no specific health risks associated with the role.InclusionRothesay 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.

Rothesay is a UK insurance company purpose-built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £47bn of assets and securing pensions for over 825,000 people. We secure pensions for over 170 pension schemes and insurers including British Airways, Post Office, ASDA, National Grid and Aegon.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.The team and the purpose of the role:The Capital Actuarial team at Rothesay is currently comprised of 11 qualified actuaries and 5 actuarial students, with a further 2 students joining the team through our graduate scheme in September. We have up to 2 experienced hire vacancies to expand the team to 20.The tasks of the team are varied; the main focus of the role is to assist with the management and effective communication of Rothesay’s financial positions.Primary responsibilities:<ul><li>Assist with the preparation of semi-annual and annual external reporting, covering Report and Accounts, SFCR and QRTs</li><li>Produce deliverables and respond to queries from external auditors and internal Chief Actuary</li><li>Ongoing monitoring of Rothesay’s financial metrics (including Solvency II, MCEV and IFRS bases)</li><li>Production of assumptions and methodology papers</li><li>Assist with the preparation of Rothesay’s response to regulatory consultations and information requests</li><li>Assist with the further development and ongoing calibration of Rothesay’s Internal Model</li><li>Project Rothesay’s financial positions forward in a range of scenarios of interest to Management</li><li>Investigate the financial impact of prospective transactions</li><li>Future development of Rothesay’s ORSA, including Rothesay’s forward-looking assessment of own risks</li></ul>Skills &amp; Experience:<ul><li>At least 3 yrs' experience in the insurance business, ideally annuities</li><li>Newly or nearly qualified actuary</li><li>Work typically has fixed deadlines; candidate needs to be organised and prepared to do what needs to be done to deliver</li><li>Must be confident enough to share thoughts and ideas with a wide peer group</li><li>Comfortable working with and interpreting UK insurance regulations</li><li>Some experience of working with complicated mathematical models is preferred</li><li>Mathematically stronger candidates preferred</li></ul>Competencies:<ul><li>Technical Skills – Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden their knowledge and demonstrates appropriate analytical skills</li><li>Drive and Motivation – Is a self-starter, successfully handles multiple tasks, takes initiative to improve their own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks</li><li>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</li><li>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</li><li>Communication Skills – Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others</li><li>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</li><li>Creativity/Innovation – Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value</li><li>Influencing Outcomes – Presents sound, persuasive rationale for ideas or opinions; takes a position on issues and influences others' opinions and presents persuasive recommendations</li></ul>InclusionRothesay 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 or disability.

Due to continued growth in the business, we are seeking to add a new permanent member to the team, who will work closely with the Chief Actuary to deliver the objectives of the team. This covers a range of second-line actuarial support, review, challenge and oversight.This is a key second-line role which requires strong interpersonal skills and would suit a self-starter looking to broaden their knowledge and skills base.The role is varied, looking across the entire risk landscape of the company, and the candidate will be expected to be proactive in developing the role and flexible in their approach to taking on new tasks.Candidates from a broad range of actuarial backgrounds are welcome. The candidate should have recent actuarial experience (either a line 1 or line 2 role) and should be willing to learn and to provide support to a broad range of tasks. The successful candidate should be diligent and methodical and with a strong commitment to a robust control environment.<ul><li>Provide risk validation support in relation to Rothesay’s internal capital model</li><li>Perform a wide range of second line-actuarial reviews including:
 <ul><li>Assessment of the adequacy of technical provisions</li><li>Review of pricing assumptions</li><li>Reviewing the adequacy of reinsurance arrangements</li><li>Reviewing models and methodologies</li><li>Oversight of first-line actuarial processes including in relation to matching adjustment, risk modelling and ALM</li></ul></li><li>Supporting and ensuring strong model governance
 <ul><li>Performing quarterly trigger assessments</li><li>Collating, reviewing and validating model changes</li><li>Data quality assessments</li></ul></li><li>Directly contributing to the risk framework including risk appetite, ORSA, Recovery and Resolution plans</li><li>Assessing, measuring and communicating insurance risk</li><li>Performing ad hoc actuarial peer reviews</li><li>Reviewing and enhancing policies and frameworks</li></ul>As a second-line role, communication skills are essential, including strong interpersonal skills and the ability to effectively provide feedback and challenge. This will include drafting reports and communicating with senior management and with relevant committees. The candidate is likely to gain exposure to a wide range of tasks and will be expected to be ‘hands on’.Skills and Experience Required<ul><li>Required:
 <ul><li>Qualified actuary or part-qualified actuary actively working towards qualification (for candidates with strong experience we will also consider those who have an actuarial background but are no longer actively working towards qualification)</li><li>Ability to communicate effectively and confidently with external and internal stakeholders at all levels of seniority</li><li>Understanding of (although not necessarily personal experience of) Line 2 actuarial role.</li><li>Strong analytical and numerical skills</li><li>Familiarity with Solvency II</li><li>Strong IT skills including use of Excel</li></ul></li><li>Desirable:
 <ul><li>No specific actuarial modelling software knowledge is required, however knowledge of spreadsheet modelling is highly desirable and other hands-on modelling experience would be preferred</li><li>Experience of working as part of wide teams and for or with second and third line</li><li>Experience of communicating results to a senior audience</li><li>Bulk annuity, longevity or pensions experience</li><li>Financial reporting experience</li></ul></li></ul>Core competencies:<ul><li>Self-sufficient, able to work independently</li><li>Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical skills</li><li>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</li><li>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</li><li>Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others</li><li>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</li><li>Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value</li><li>Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations</li></ul>About usRothesay is a UK insurance company purpose-built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £47bn of assets and securing pensions for over 800,000 people. We secure pensions for over 170 pension schemes and insurers including British Airways, Post Office, Asda, National Grid and Aegon.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.InclusionRothesay 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.

About us:Rothesay is a UK insurance company purpose-built to protect ensions. We are the largest specialist pension insurer in the UK, managing over £50bn of assets and securing pensions for over 810,000 people. We secure pensions for over 170 pension schemes and insurers, including British Airways, Post Office, ASDA, National Grid and Aegon.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 rigor. 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.<ul><li>Job title: Pricing Actuary</li><li>Contract: Permanent</li></ul>About the role:Key activities include:<ul><li>Modelling scheme benefits in Rothesay's proprietary valuation system, based on:</li><ul><li>Benefit specifications provided by EBCs</li><li>Trust deed & Rules</li><li>Member data</li></ul><li>Communicating complicated technical issues to senior colleagues, including non-actuaries</li><li>Liaising with EBCs to clarify data and benefit features</li><li>Applying experience and professional judgment to identify significant risks to Rothesay, relating to new deals</li><li>Interacting with external legal counsel to analyze the legal benefit risks of pension schemes</li><li>Analyzing the socio-demographic profiles of pensions scheme populations</li><li>Ensuring the appropriateness of the methodologies and underlying models used as well as the assumptions made in the calculation of the various actuarial balances</li><li>Producing projected deal economics, including UKGAAP PNL and IRR</li><li>Producing materials for deal approvals processes</li><li>Reviewing transaction documentation</li><li>Expressing an opinion on the overall underwriting policy</li><li>Expressing an opinion on new business opportunities</li><li>Advising and monitoring the risks to which Rothesay is exposed</li><li>Carrying out detailed due diligence on potential transactions including, from time to time, from client sites.</li></ul><h3>Skills & Experience:</h3><ul><li>Part-qualified actuary with 1 to 4 years of experience.</li><li>Knowledge of the main features of DB pension benefits including GMP, Barber, revaluation and anti-franking.</li><li>Significant relevant insurance/pensions experience</li><li>Strong verbal and written communication skills. The successful candidate will need to be able to confidently express their viewpoint and to communicate clearly and succinctly financial results and complex actuarial issues.</li><li>Ability to make decisions, make things happen and overcome obstacles based upon well-developed analytical skills.</li><li>Self-motivated, organized and able to progress multiple tasks with a high degree of accuracy and working to strict deadlines.</li><li>Possess a degree from a leading university in a relevant subject and/or have some relevant industry qualifications</li><li>Strong understanding of risk management and control principles</li><li>Strong Excel Skills Accuracy and absolute attention to detail</li><li>Ability to analyze complex problems and summarize key operational controls required to risk manage the function</li><li>Ability to manage multiple tasks and stay focused on the operational risks</li></ul><h3>Competencies:</h3><ul><li>Technical Skills: Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical skills.</li><li>Drive and Motivation: Be a self-starter; successfully handle multiple tasks, take initiative to improve his/her own performance, work intensely towards extremely challenging goals and persist in the face of obstacles or setbacks.</li><li>Client and Business Focus: Effectively handle difficult requests, build trusting, long-term relationships with clients and service providers, help the client to identify/define needs and manage client/business expectations.</li><li>Teamwork: Demonstrate evidence of being a strong team player, collaborate with others within and across teams, encourage other team members to participate and contribute and acknowledge others' contributions.</li><li>Communication Skills: Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others.</li><li>Judgment and Problem solving: Think ahead, anticipate questions, plan for contingencies, find alternative solutions and identify clear objectives. See the big picture and effectively analyze complex issues.</li><li>Creativity/Innovation: Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.</li></ul>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, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

Rothesay is a UK insurance company purpose built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £50bn of assets and securing pensions for over 810,000 people. We secure pensions for over 170 pension schemes and insurers including British Airways, Post Office, ASDA, National Grid and Aegon.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.The roleWe have vacancies in the Pricing and Reinsurance team and the Capital team. The Pricing and Reinsurance team focuses on the pricing, underwriting, negotiation and execution of new pension and reinsurance deals, working with a focus on the largest deals in the market. The Capital team focuses on life insurance reporting and the monitoring of regulatory and economic capital, the computation of balance sheet impacts for a wide range of prospective asset and liability transactions, and delivering strategic regulatory-driven projects.
Candidates would be expected to study for the Institute and Faculty of Actuaries (IFoA) qualification with an expected specialism in pensions or life insurance.  When you join us, your work will be highly varied involving all aspects of pensions and insurance actuarial work, and will involve significant interaction both internally with other teams and disciplines throughout the business, and externally, with clients and advisors.  You will need to be able to balance teamwork, intellectual curiosity and leadership potential with a passion for excellence and an interest in the financial markets.What we offer<ul><li>A meritocratic, driven and stimulating environment where success and achievement are rewarded</li><li>Work with support from leaders in the industry and excellent on-the-job training supplemented with class-based business training where best applied</li><li>A competitive starting salary with a performance related bonus</li><li>A full study support package (including a study budget and up to 40 study days per year) will be provided as you work towards your IFoA fellowship qualification</li></ul>What we are looking for<ul><li>We recruit from all academic disciplines; although a high degree of numeracy is essential.</li><li>Impeccable academic credentials are essential. You must have an expected degree minimum of a 2:1 or equivalent from a leading university.</li><li>Internships & work experience in the financial services sector is desired but not essential.</li><li>You will need to demonstrate a clear interest and intellectual curiosity in the financial markets and an interest in applying your knowledge and skills to the pension insurance market.</li><li>You must be available for permanent work within 2 months of your graduation in 2022</li><li>Fluency in English is a prerequisite.</li></ul>InclusionRothesay 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.

Actuarial jobs at Rothesay