Role Overview:

We are seeking an experienced tax professional to manage and oversee tax compliance, reporting, and advisory activities for the Insurance Line of Business. The ideal candidate will possess strong expertise in UK Insurance Premium Tax (IPT), Corporate Tax, VAT, tax accounting, and regulatory compliance, along with exposure to direct tax, GST, transfer pricing, and international tax matters.

Key Responsibilities:

Tax Compliance & Reporting:

- Manage UK Corporate Tax compliance, including preparation, review, and submission of tax returns.

- Oversee UK VAT compliance, including VAT returns, reconciliations, and statutory reporting requirements.

- Manage Insurance Premium Tax (IPT) filings and ensure compliance with applicable UK regulations and reporting standards.

- Ensure timely and accurate filing of all tax returns, declarations, and statutory submissions.

- Maintain robust documentation, tax records, and audit trails to support compliance requirements.

Tax Accounting:

- Perform tax accounting activities, including current and deferred tax calculations and reporting.

- Support month-end, quarter-end, and year-end tax reporting processes.

- Ensure compliance with applicable accounting standards and internal control requirements.

- Reconcile tax accounts and support financial statement disclosures.

Insurance Tax Management:

- Lead tax-related activities for the Insurance business, covering direct tax, indirect tax, GST, transfer pricing, and international tax matters.

- Provide tax guidance on insurance products, transactions, operational changes, and business initiatives.

- Support tax-efficient business structures while ensuring compliance with applicable regulations.

Regulatory Compliance & Audit Support:

- Ensure compliance with HMRC requirements and other relevant tax authorities.

- Manage tax assessments, audits, and inquiries from regulatory authorities.

- Coordinate with internal and external auditors and respond to tax-related queries.

- Monitor and mitigate tax risks through effective controls and governance processes.

Tax Advisory & Strategic Initiatives:

- Monitor legislative and regulatory developments and assess their impact on the business.

- Communicate key tax updates and recommendations to management and business stakeholders.

- Support tax planning, optimization, and risk management initiatives.

- Identify opportunities to improve tax processes, controls, and operational efficiency.

Stakeholder Management:

- Collaborate with Finance, Legal, Compliance, Risk, and Business Operations teams on tax-related matters.

- Partner with external advisors, consultants, and tax authorities as required.

- Provide tax guidance for new products, business models, acquisitions, expansions, and strategic initiatives.

- Support senior leadership with tax analysis, reporting, and decision-making insights.

Required Skills & Experience:

- 9-14 years of experience in taxation, with significant exposure to insurance taxation, UK tax compliance, or multinational tax environments.

- Strong experience in UK Corporate Tax, UK VAT Compliance, IPT, and Tax Accounting.

- Knowledge of GST, Transfer Pricing, and International Tax concepts.

- Experience handling tax audits, assessments, and regulatory interactions.

Preferred Qualifications:

- Chartered Accountant (CA), ACCA, CPA, or equivalent professional qualification.

- Experience in the insurance industry, financial services, or multinational organizations.

- Exposure to UK tax regulations, HMRC compliance requirements, and cross-border tax matters.

- Experience working with external tax advisors and audit firms.