The AVP, Tax Manager is responsible for tax compliance, investor tax reporting, preparation of the worldwide quarterly tax provision, and various tax planning and analysis projects.
JOB RESPONSIBILITIES:- Tax Compliance
- Prepare and/or review U.S. federal and state income tax returns
- Assist in the development of the company’s Bermuda corporate income tax compliance processes and policies
- Prepare and/or review Bermuda corporate income tax calculations and returns
- Collaborate with external service providers in the preparation and review of Capital Partners investor tax reporting (Schedule K-1, Form 5471, and PFIC statements)
- Review of compliance deliverables prepared by external advisors
- Assist tax leadership in resolving tax controversy matters
- Compute and record income tax provision to return true-ups
- Enhance and maintain tax basis and earnings & profits calculations
- Income Tax Accounting
- Prepare and/or review the group consolidated global income tax provision which includes the following:
- US GAAP basis tax provision preparation or review on and entity-by-entity basis utilizing Corptax tax provision software
- Tax account analysis and reconciliation
- Deferred tax asset realizability analysis and modeling
- Review of US statutory tax provisions under SSAP 101
- Preparation and assistance with tax disclosures for SEC, NAIC and local financial reporting
- Maintain internal control documentation
- Interactions with internal and external auditors and tax advisors
- Preparation or review of worldwide tax expense forecasts
- Collaboration with the corporate and local accounting and finance functions throughout the quarterly close process
- Prepare and/or review the group consolidated global income tax provision which includes the following:
- Tax Planning and Analysis
- Assist senior tax team members in the following areas:
- Tax research
- Tax reform planning and modeling
- Research, analysis, and modeling related to business initiatives
- Assist senior tax team members in the following areas:
- Effectively use IT systems and applications in the continued automation of tax function processes and computations
- Mentor and develop junior team members
- Bachelor’s degree in Accounting, Finance, or a related field (Master’s in Taxation a plus)
- 7+ years of corporate or public accounting tax experience preferably in the insurance or reinsurance industry
- Strong knowledge of ASC 740 and federal and state tax principles (knowledge of Subchapter L preferred)
- Proficient with tax software (e.g., Corptax, OneSource, or similar platform), GL accounting systems and Microsoft Office
- Solid tax research and analysis skills
- Effective team player with strong organizational and interpersonal skills who is comfortable managing multiple tasks
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Top Skills
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving.
Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval.
We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild.
Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives.
RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
