At a Glance
- Tasks: Lead financial operations and drive automation in a dynamic insurance environment.
- Company: Join Carbon, a forward-thinking company transforming the insurance industry with technology.
- Benefits: Enjoy a competitive salary, hybrid work options, and opportunities for professional growth.
- Other info: Be part of a collaborative team focused on continuous improvement and excellence.
- Why this job: Make a meaningful impact while working with cutting-edge technology and innovative processes.
- Qualifications: Qualified accountant with experience in financial accounting, preferably in the insurance sector.
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 employer: Carbon
At Carbon, we pride ourselves on being an innovative employer that values collaboration and the continuous development of our team members. Located in the heart of London, we offer a dynamic work environment where employees can thrive through meaningful projects, cutting-edge technology, and opportunities for professional growth. Join us to be part of a forward-thinking company that is transforming the insurance industry while fostering a culture of excellence and support.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Finance Manager
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to folks on LinkedIn. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you've improved processes or tackled challenges in your previous roles. We want to see your impact!
✨Research the Company
Before any interview, do your homework on Carbon. Understand their mission, values, and recent projects. This shows you're genuinely interested and helps you tailor your answers to fit their culture.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're keen on joining our team at Carbon.
We think you need these skills to ace Syndicate Finance Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Syndicate Finance Manager role. Highlight your experience in financial accounting, especially within the insurance sector, and showcase any relevant skills with SAP or similar systems. We want to see how your background aligns with our mission at Carbon!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for finance and technology, and explain why you’re excited about joining Carbon. Don’t forget to mention how you can contribute to our goals of innovation and process improvement.
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to drive process improvements and automation. We love seeing quantifiable results, so if you’ve led successful projects or improved efficiency, make sure to highlight those!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on being part of our innovative team at Carbon!
How to prepare for a job interview at Carbon
✨Know Your Numbers
As a Syndicate Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and reporting standards relevant to Lloyd's and UK GAAP/IFRS. Be ready to discuss how you've applied these in past roles.
✨Showcase Your Process Improvement Skills
Carbon is all about innovation and efficiency. Prepare examples of how you've led process improvements or automation in finance. Highlight specific tools or methodologies you used, especially if they relate to SAP or similar systems.
✨Understand the Regulatory Landscape
Familiarise yourself with Lloyd's reporting requirements and any recent regulatory changes. Be prepared to discuss how you've navigated compliance in previous positions and how you can ensure Carbon meets its obligations.
✨Communicate Clearly and Confidently
You'll be working with various stakeholders, so practice explaining complex financial concepts in simple terms. Think of examples where you've successfully communicated with non-finance teams, showcasing your ability to influence and collaborate.
