The Rise of Rothesay Life in Financial Services Technology
If you’re on the lookout for exciting opportunities in financial services technology in London, the most intriguing roles may not be found at hedge funds or high-frequency trading firms known for their engineer-friendly environments. Surprisingly, the spotlight is now on Rothesay Life.
Rothesay Life, recently rebranded as Rothesay, is an insurance company with a remarkable history. Originally part of Goldman Sachs until 2013, it gained independence in 2017 but still retains the allure and influence reminiscent of its Goldman Sachs roots.
One of the tech industry’s top talents, Seth Osher, who recently departed from Brevan Howard, has joined Rothesay as the head of enterprise technology. Osher brings a wealth of experience from his previous roles at Brevan Howard, HSBC, and now adds his expertise to Rothesay’s impressive team.
The Stellar Team at Rothesay
Rothesay boasts a lineup of accomplished technologists, including CTO Stephen Pain, who previously led fixed income technology at Citadel, and Gary Gough, head of business engineering with a 17-year tenure at Goldman Sachs. The team’s collective experience and diverse backgrounds contribute to Rothesay’s technological prowess.
Under Pain’s leadership, Rothesay embarked on Project Quest, a comprehensive initiative to modernize the company’s technology infrastructure. The project has seen the redevelopment of applications using a blend of C++ and Rust, positioning Rothesay at the forefront of technological innovation in finance.
A Culture of Excellence
Rothesay not only excels in technology but also in fostering a positive work culture. Reviews on Glassdoor highlight the company’s “amazing” culture, with insiders affirming the good work environment and manageable work-life balance. While compensation may be slightly lower than that of banks and hedge funds, employees appreciate the opportunity to work with cutting-edge technologies like Rust and the reasonable working hours.
Rothesay’s commitment to keeping its technology team in-house sets it apart from other financial institutions that outsource roles. With all developers based in the UK, Rothesay ensures seamless collaboration and direct communication among its 550-strong team.
Looking Towards the Future
As Rothesay continues to evolve its technology stack and expand its team, the company remains a compelling destination for tech professionals seeking a stimulating and supportive work environment. With a focus on innovation, collaboration, and employee well-being, Rothesay is poised to make a significant impact in the financial services technology sector.
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