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Annuity Operations Leader

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Kottayam, Kerala, India beBeeAccountant Full time ₹ 20,00,000 - ₹ 40,00,000

Job Title: Annuity Operations Leader

Our team is seeking a highly skilled and experienced leader to oversee the entire annuity operations, including tax reporting, compliance, and risk management.

The ideal candidate will have a strong background in finance, accounting, or a related field, with at least 7-10 years of experience in tax reporting or financial operations. Proven experience in managing mid-sized teams and delivering results in a regulated environment is also essential.

Key responsibilities will include:

  • Leading and mentoring a team of 15-20 associates to achieve operational excellence and high-quality results.
  • Ensuring accurate and timely tax reporting for annuity products, including policyholder premiums, annuity payouts, interest, investment income, and return of principal.
  • Overseeing the preparation and review of tax documents and filings as per IRS and regulatory standards (e.g., 1099-R).
  • Executing daily, monthly, and quarterly activities to ensure proper tax treatment of annuity distributions.
  • 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.
  • Ensuring proper tax reporting for beneficiaries and aligning reporting processes with current tax laws and policy guidelines.

Requirements:

  • Bachelor's degree in accounting, finance, or a related field; CPA or equivalent preferred.
  • 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.

This is an excellent opportunity for a motivated and experienced professional to take on a leadership role in a dynamic and growing organization.