Rothesay · London
Quantitative Engineer
Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. With over £70 billion of asset...
Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions.
With over £70 billion of assets under management, we secure the pensions of more than one million people and pay out, on average,
approximately £300 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.
Job title: Quantitative Engineer
Contract: Permanent
Under the leadership of the Chief Technology Officer, Rothesay has launched a multi-year project, Project Quest, to redevelop and
modernize the full technology stack, encompassing pricing and other analytics, risk management, market data and trade capture and
reporting.
Project Quest is nearing the end of phase two, which has successfully delivered to production several key components and
established the core engineering required for the new platform.
As we move into phase three, which will involve multiple and varied projects running in parallel, we have opportunities for a
select few new hires to join the Quest team.
This is a rare chance to work with and learn from Rothesay’s team of extremely highly regarded, experienced and friendly software
engineers. At Rothesay Life every employee has the opportunity to make a real impact to the business. The engineering team are
open to new technologies and creative ideas.
Responsibilities:
- Be part of the team responsible for the major build-out of functionality on the new platform, using a combination of Rust
(https://www.rust-lang.org/) and Python
- Project including but not limited to:
- Trade modelling and pricing
- Market data processing
- Risk reporting
- Scenario analytics tools
- Dev Ops / platform engineering
- Participate in BAU support rota (shared across Strats and Technology), providing useful opportunities to interact with
colleagues across diverse areas of the business
Skills & Experience
- In general, we are looking for smart, commercial, problem-solving-oriented, “get-things-done” candidates with a proven track
record of delivering robust, high performance software and quantitative analyses and with either experience in financial
markets or a keen interest to learn about them.
- Advanced analytical skills (typically evidenced by a degree in maths, physics, computer science, engineering, etc.)
- A deep passion for technology and software development
- Excellence in applied programming skills - Python, Rust, C++ or other major languages (experience with the proprietary
"securities language" Slang is not expected – but the role may involve some Slang development)
- A team player with excellent communication skills
Desirable:
- Demonstrable, applied expertise in creating and validating pricing and/or risk models for use in a financial services
organisation.
- Understanding of Fixed Income products and derivatives.
- A broad understanding of model risk, bringing new approaches and processes to Rothesay Life.
- Python programming experience
- Rust programming experience
- A track record of contributions to an open source project
- Linux/Unix experience
- Microsoft Windows experience
- Cloud computing experience
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.