Title : US Taxation Manager (Annuity / Death Claims)
Location : Gurugram Haryana India (Hybrid, 3 days onsite and 2 days remote)
Duration : Full Time Permanent
Shift – 12.30 p.m – 9.30 p.m IST & 5.30 PM - 2.30 AM IST (but should be comfortable if asked to work evening shift as per client need).
P.S – Early joiners would be appreciated. This role is for finance profile but would work with Ops team. Need to come from insurance background.
Job Responsibilities :
Team Leadership & Oversight :
- Lead, mentor, and manage a team of 15–20 associates.
Tax Reporting & Compliance :
Ensure accurate and timely tax reporting for annuity products, including :Policyholder premiumsAnnuity payoutsInterest and investment incomeReturn of principalOversee preparation and review of tax documents and filings as per IRS and regulatory standards (e.g., 1099-R).Tax Treatment Execution :
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.Death Benefits & Beneficiary Taxation :
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.Issue Resolution & Process Improvement :Identify and resolve discrepancies or issues in tax treatment and reporting.Drive process improvements and system enhancements to improve accuracy and efficiency.Risk Management & Controls :
Ensure adherence to internal controls and regulatory compliance.Support audits, both internal and external, with relevant documentation and insights.Requirement :
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.Skills Required
Ms Excel, Financial Operations, tax reporting , Reporting Tools