
Annuity Tax Operations Lead
1 day ago
Job Title: Annuity Tax Operations Lead
Description:
This role involves overseeing the management of a team responsible for ensuring accurate and timely tax reporting for annuity products. The ideal candidate will have experience in tax reporting or financial operations, preferably in insurance or annuity domain.
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.
- Tax Treatment Execution: Execute daily, monthly, and quarterly activities to ensure proper tax treatment of annuity distributions.
- Death Benefits & Beneficiary Taxation: Address and resolve issues related to the taxability of death benefits, and ensure proper tax reporting for beneficiaries.
- Risk Management & Controls: Ensure adherence to internal controls and regulatory compliance, and support audits 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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