1. Prepare rice according to package directions; set aside.
2. In kettle, melt butter over medium heat; saute onions and carrots until slightly tender.
3. Stir in flour; cook 1 minute.
4. Gradually add broth; cook, stirring constantly, until mixture boils and is thick.
5. Stir in rice, salt and pepper; reduce heat.
6. Add ham and almonds.
7. Stir in cream and sherry; cook, stirring constantly, until heated through.