Rothesay Graduates
2027 Graduate Programme - Macro Risk

How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Rothesay Graduate Programme
Application Deadline: 1 December 2026
Programme Start Date: September 2027
Eligibility: Final year students graduating in 2027
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.
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 offering a competitive salary and tailored benefits.
Our 2-year* programme starts with a fundamentals week for the entire graduate cohort, where you will have in-depth networking and insight sessions on Rothesay as 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-site 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. Regular reviews will take place to support your learning and development with a formal assessment towards the end of the programme.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
See breakdownIt searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
This opportunity is open to summer 2027 graduates who are looking to launch into their career within an entrepreneurial environment where talent can thrive and excel.
What You’ll Do
As a Risk Graduate within the Macro Risk function, you will be part of the team responsible for Market, Liquidity, and Counterparty Credit Risk Management. In conjunction with other members of the team, you will identify, monitor, and help mitigate these risks on Rothesay’s balance sheet through stress testing, limit setting and monitoring, capital model development and maintenance, as well as deep dives and ad-hoc projects. This role will require you to collaborate extensively and build relationships across the firm in particular with Trading Desks, Strats, and the Treasury function.
When you join us, you will start as a generalist developing a broad understanding of the risk management discipline as it applies to Rothesay’s business model. Subsequently, you are expected to choose one or more areas of specialisation and become a subject matter expert.
Professional development such as attainment of CFA and FRM designations will be encouraged.
The Macro Risk graduate path has been a proven launchpad for successful careers in both Risk and Front Office.
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 Are Looking For
We recruit from all academic disciplines, although a high degree of numeracy and logical approach to problem-solving are required.
- Excellent academic credentials are essential. You must have a minimum of a 2:1 or equivalent degree from a leading university.
- Internships & work experience in the financial services are highly desired but not essential.
- You will need to demonstrate a clear interest and intellectual curiosity in the financial markets.
- Coding proficiency is a distinct plus.
- Fluency in English is a pre-requisite.
Rothesay 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 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.
- 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.


Get help with your application
Your very own career expert that helps elevate your application to the next level.
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 policies 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.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location