Tax Product Manager

2 days ago


Dombivli, Maharashtra, India beBeeAnnuity Full time US$ 1,40,000 - US$ 1,80,000
Senior Tax Product Manager

The role of Senior Tax Product Manager involves leading a team of professionals in managing tax reporting, compliance, and treatment execution for annuity products. This includes ensuring accurate and timely tax reporting for policyholder premiums, annuity payouts, interest, investment income, and return of principal.

  • Team Leadership & Oversight:
    • Manage and mentor a team of professionals to ensure they have the necessary skills and knowledge to perform their duties effectively.
  • Tax Reporting & Compliance:
    • Oversee preparation and review of tax documents and filings as per IRS and regulatory standards to ensure accuracy and compliance.
    • Collaborate with actuarial, finance, and legal teams to ensure consistency and accuracy in tax calculations.
  • 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.
  • Issue Resolution & Process Improvement:
    • Identify and resolve discrepancies or issues in tax treatment and reporting to improve efficiency and accuracy.
  • Risk Management & Controls:
    • Ensure adherence to internal controls and regulatory compliance to minimize risk.

Key qualifications include a 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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