Syndicate Finance Manager

At Carbon, we’re delegating differently by combining our strong insurance expertise with cutting edge technology. As we rapidly scale globally, and continue to advance Graphene, our proprietary owned data ecosystem, we remain guided by our core pillars of People, Partnerships and Innovation. If you want to join an exciting business powered by the latest technology, and are energised by collaboration, big ideas and making a meaningful impact to our partners, then this role is for you.

Founded in 2018, Carbon’s mission is to transform delegated underwriting and raise the standard for the industry. Our open underwriting model connects data, insight and people to enable stronger decisions and more dynamic portfolio management, bringing greater transparency, clarity and confidence to our partners and to the way the whole market works. We’re proud to have been recognised by The Sunday Times as a Best Place to Work in both 2024 and 2025, reflecting our warm, inclusive culture and our energetic, entrepreneurial spirit. Our friendly, modern offices foster creativity and connection, while our partnership with Google Cloud, where we are celebrated as a success story, demonstrates our commitment to innovation and technology at the highest level. At Carbon, our values shape who we are every day: Win as one, Keep spirits high, Blaze a trail, Speak up, listen up.

Location: 5th Floor, 9A Devonshire Square, London, EC2M 4YN

Start date: Immediate

Role type: Permanent, full-time, hybrid

The Opportunity

The Syndicate Finance Manager will be responsible for overseeing the financial accounting operations of the Lloyd’s underwriter, ensuring robust financial control, accurate reporting, regulatory compliance, and continuous improvement of finance processes. Carbon is a rapidly evolving environment which creates a dynamic environment for future career development/opportunities. The role will play a key part in driving automation, system enhancements (including SAP), and strengthening accounting policies in line with Lloyd’s, UK GAAP/IFRS, and regulatory requirements.

The Role

• Financial Control & Process Improvement: Lead process and control improvements across the finance function to enhance efficiency, accuracy, and scalability. Identify, design, and implement automation opportunities within finance processes, including expense management and banking solutions (e.g. Pleo, Barclays). Maintain and improve internal controls in line with best practice and audit requirements.
• Systems & SAP: Act as a key finance stakeholder for SAP changes, upgrades, and enhancements. Ensure SAP is configured and used effectively to support accounting, reporting, and control requirements. Support system-driven improvements to reduce manual processing and improve data quality.
• Management & Financial Reporting: Prepare and review monthly management accounts, ensuring timely and accurate reporting to senior management. Produce cash flow projections and monitor actual cash movements, providing analysis and insights on variances. Support financial planning, forecasting, and ad-hoc analysis as required.
• Lloyd’s & Regulatory Reporting: Oversee QMA and QMB processes, ensuring accurate, complete, and timely submissions to Lloyd’s. Manage regulatory and statutory reporting obligations, including Lloyd’s returns, UK statutory accounts, and audit support. Act as a key point of contact for auditors and regulators in relation to accounting matters.
• Accounting Policy & Governance: Own and maintain accounting policies, ensuring alignment with IFRS/UK GAAP, Lloyd’s requirements, and internal governance standards. Provide technical accounting guidance to the business on new transactions, products, and regulatory developments. Assess the accounting impact of new initiatives, system changes, and automation projects.
• Leadership & Stakeholder Management: Manage and develop members of the accounting team, promoting high standards and continuous improvement. Partner with underwriting, operations, and risk teams to ensure finance processes support the business effectively. Communicate complex financial and regulatory matters clearly to non-finance stakeholders.

Skills & Experience

• Essential: Qualified accountant (ACA, ACCA, CIMA or equivalent). Proven experience in a financial accounting or accounting manager role within insurance, ideally the Lloyd’s market. Strong understanding of Lloyd’s reporting requirements, including QMA and QMB. Experience with SAP or similar ERP systems, including involvement in system changes or enhancements. Solid knowledge of regulatory and statutory reporting requirements. Demonstrated experience in process improvement, controls, and finance automation.
• Desirable: Experience implementing or managing finance automation tools (e.g. Pleo, banking integrations). Strong technical accounting background with experience setting or interpreting accounting policy.

Personal Attributes: Proactive and improvement-focused mindset. Strong attention to detail with the ability to see the bigger picture. Confident communicator with the ability to influence stakeholders at all levels. Comfortable working in a regulated, deadline-driven environment.