Senior Tax Reporting Specialist

6 days ago


Thoothukudi, Tamil Nadu, India beBeeAnnuityClaims Full time US$ 1,10,000 - US$ 1,85,000
Annuity Claims Manager Job

The Annuity Claims Manager role is a pivotal position in the financial sector, responsible for leading a team of professionals to ensure accurate and timely tax reporting for annuity products.

Job Responsibilities:

  • Manage a team of 15–20 associates to deliver results in a regulated environment.

Key Activities:

  • 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).
  • Execute daily, monthly, and quarterly activities to ensure proper tax treatment of annuity distributions.
  • 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 and ensure proper tax reporting for beneficiaries.
  • Identify and resolve discrepancies or issues in tax treatment and reporting.
  • Drive process improvements and system enhancements to improve accuracy and efficiency.

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.


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