
Annuity Tax Compliance Manager
3 days ago
Job Title: Annuity Claims Specialist
We are seeking a highly skilled professional to lead our tax reporting and compliance efforts.
- This includes policyholder premiums, annuity payouts, interest and investment income, and return of principal.
As a key member of our operations team, you will be responsible for ensuring accurate and timely tax reporting for annuity products.
You will oversee the preparation and review of tax documents and filings as per IRS and regulatory standards (e.g., 1099-R).
- Collaborate with actuarial, finance, and legal teams to ensure consistency and accuracy in tax calculations.
- 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.
To succeed in this role, you must possess strong analytical, problem-solving, and communication skills.
Proficiency in MS Excel, tax systems, and reporting tools is essential. A Bachelor's degree in accounting, finance, or a related field, along with at least 7-10 years of experience in tax reporting or financial operations, preferably in insurance or annuity domain, is required.
As a leader, you will manage a team of 15-20 associates and drive process improvements and system enhancements to improve accuracy and efficiency.
Ensuring adherence to internal controls and regulatory compliance, as well as supporting audits with relevant documentation and insights, is crucial for success in this role.
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