
Annuity Claims Specialist
2 days ago
The primary objective of this role is to oversee and direct a team of professionals responsible for managing tax-related matters within the organization. As an Annuity Claims Manager, you will play a critical role in ensuring compliance with regulatory requirements and upholding the highest standards of quality in all aspects of tax reporting and treatment.
Key Responsibilities:
- Lead and mentor a team of 15–20 associates in tax reporting and treatment.
- 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).
Required Skills and Qualifications
- 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.
Benefits
This role offers the opportunity to work in a dynamic and challenging environment where you can make a significant impact on the organization's success. You will have the chance to develop your skills and expertise while working with a talented team of professionals who share your passion for excellence.
Others
In this role, you will be responsible for identifying and resolving discrepancies or issues in tax treatment and reporting. You will also drive process improvements and system enhancements to improve accuracy and efficiency.
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