At a Glance
- Tasks: Lead financial operations and drive automation in a dynamic insurance environment.
- Company: Join Carbon, a forward-thinking tech-driven insurance company.
- Benefits: Enjoy a competitive salary, hybrid work, and opportunities for professional growth.
- Other info: Be part of a collaborative team focused on innovation and continuous improvement.
- Why this job: Make a real impact in finance while working with cutting-edge technology.
- Qualifications: Qualified accountant with experience in financial accounting, preferably in insurance.
The predicted salary is between 70000 - 90000 £ per year.
At Carbon, we’re delegating differently by combining strong insurance expertise with cutting‑edge technology. As we rapidly scale globally and advance Graphene, our proprietary data ecosystem, we remain guided by 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.
The Syndicate Finance Manager will oversee the financial accounting operations of the Lloyd’s underwriter, ensuring robust financial control, accurate reporting, regulatory compliance and continuous improvement of finance processes.
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.
Location: 5th Floor, 9A Devonshire Square, London, EC2M 4YN
Start date: Immediate
Role type: Permanent, full-time, hybrid
The Opportunity: 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. You will manage finance processes, support automation, and help the organisation evolve its financial systems.
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. 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.
Essential Skills & Experience:
- 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.
- 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.
Syndicate Finance Manager in London employer: Carbon
At Carbon, we pride ourselves on being an innovative employer that champions collaboration and continuous improvement. Our London-based team enjoys a dynamic work culture that embraces cutting-edge technology and offers ample opportunities for professional growth, particularly in the fast-evolving field of finance within the insurance sector. With a commitment to employee development and a focus on meaningful impact, we provide a supportive environment where your contributions truly matter.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Finance Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Carbon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Syndicate Finance Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Carbon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Carbon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Carbon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Carbon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Carbon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Carbon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
