Senior Annuity Tax Specialist

3 days ago


Hubli, Karnataka, India beBeeTax Full time US$ 1,20,000 - US$ 1,70,000
Job Title:

Annuity Tax Expert Leader

Description:

We are seeking a seasoned Annuity Tax Expert to lead our team in ensuring accurate and timely tax reporting for annuity products. The ideal candidate will have a strong understanding of U.S. tax regulations related to annuity products and death benefits.

Key Responsibilities:

The successful candidate will be responsible for:

  • Leading, mentoring, and managing a team of 15-20 associates to ensure seamless tax reporting and compliance.
  • Ensuring accurate and timely tax reporting for annuity payouts, interest and investment income, return of principal, and policyholder premiums.
  • Overseeing preparation and review of tax documents and filings as per IRS and regulatory standards (e.g., 1099-R).
  • Collaborating with actuarial, finance, and legal teams to ensure consistency and accuracy in tax calculations.
  • Addressing and resolving issues related to the taxability of death benefits and ensuring proper tax reporting for beneficiaries.
Requirements:

To be considered for this role, you should have:

  • Bachelor's degree in accounting, finance, or a related field; CPA or equivalent preferred.
  • 7-10 years of experience in tax reporting or financial operations, preferably in insurance or annuity domain.
  • Proven experience in managing mid-sized teams and delivering results in a regulated environment.
  • Strong analytical, problem-solving, and communication skills.
  • Proficient in MS Excel, tax systems, and reporting tools.


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