Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
The Role
The purpose of this role is to support the Indirect Tax Senior Manager in managing the provision of Insurance Premium Tax (IPT) technical support to the Corporation of Lloyd’s and the Lloyd’s Market, including both IPT advisory and IPT compliance elements.
Principal Accountabilities
Provide IPT technical guidance and query support to the Lloyd’s market, including IPT guidance material published on Lloyds.com where required.
Maintain tax information and content on Crystal+ (Lloyd’s database of tax information).
Support the Indirect Tax Senior Manager with IPT audits and tax authority enquiries where required.
Support the other Indirect Tax team members with IPT technical matters where required.
Support the Indirect Tax team with its IPT compliance responsibilities through the review and sign-off of UK and overseas IPT returns/payments where required.
Manage special IPT projects and transformation work where required.
Manage existing Lloyd’s IPT arrangements with various tax authorities globally and negotiate new arrangements for Lloyd’s where required.
Build and maintain relationships with the Lloyd’s Market participants as one of the key contacts for IPT.
Support the team in ensuring Lloyd’s meet its risk and governance requirements in relation to premium taxes where required
Be recognised as an insurance premium taxes subject matter expert inside Lloyd’s and externally with the Lloyd’s market and other relevant third parties.
Contribute to an open and transparent culture of risk management and demonstrate a strong awareness of the risks that should be managed within the responsibilities of the role.
Take proactive responsibility and accountability for delivery.
Foster knowledge-sharing within and outside of the team.
Skills
Oral and written communication skills and the ability to communicate tax-technical issues to a non-tax audience.
Ability to work independently with guidance only on complex issues and organise and prioritise own work.
Ability to work as part of a team and liaise with other departments and external contacts.
Ability to analyse changes in legislation and assess impact of changes on Lloyd’s and its members.
Proactive attitude toward identifying issues and recommending solutions based on initiative, experience and understanding of procedures.
Confidence to challenge information provided and to use initiative especially in dealing with areas of ambiguity.
Consultative approach and the ability to manage conflicting views.
Effective networking skills and ability to develop strong working relationships.
ACA and/or CTA (or equivalents) preferred but not essential if proven to operate at that level.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
What We Do
Lloyd’s is the world’s leading marketplace for insurance and reinsurance. Through the collective intelligence and risk-sharing expertise of the market’s underwriters and brokers, Lloyd’s helps to create a braver world.
