Annuity Tax Leadership Specialist

1 day ago


Aurangabad, Maharashtra, India beBeeAnnuity Full time ₹ 1,00,00,000 - ₹ 2,00,00,000

Job Title: Annuity Tax Leadership Specialist

Job Summary:

We are seeking an experienced leader to manage our annuity tax operations in the United States. As a key member of our team, you will be responsible for ensuring accurate and timely tax reporting, leading a team of professionals, and collaborating with cross-functional teams.

Key Responsibilities:

Team Leadership & Oversight

  • Lead, mentor, and manage a team of 15–20 associates.

Tax Reporting & Compliance

  • Ensure accurate and timely tax reporting for annuity products, including policyholder premiums, annuity payouts, interest and investment income, and return of principal.
  • Oversee preparation and review of tax documents and filings as per IRS and regulatory standards (e.g., 1099-R).

Tax Treatment Execution

  • Execute daily, monthly, and quarterly activities to ensure proper tax treatment of annuity distributions.
  • Collaborate with actuarial, finance, and legal teams to ensure consistency and accuracy in tax calculations.

Death Benefits & Beneficiary Taxation

  • Address and resolve issues related to the taxability of death benefits.
  • Ensure proper tax reporting for beneficiaries and align reporting processes with current tax laws and policy guidelines.
  • Identify and resolve discrepancies or issues in tax treatment and reporting.

Risk Management & Controls

  • Ensure adherence to internal controls and regulatory compliance.
  • Support audits, both internal and external, with relevant documentation and insights.

Requirements:

  • 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 understanding of U.S. tax regulations related to annuity products and death benefits.
  • Excellent analytical, problem-solving, and communication skills.
  • Proficient in MS Excel, tax systems, and reporting tools.

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