Senior Tax Manager

Location: Isle of Man, UK or Middle East.

Closing date for applications: 1st April 2025

The opportunity:

We are seeking an experienced and highly skilled Senior Tax Manager to join our team. This pivotal role, reporting to the CFO, involves managing and overseeing all tax-related activities for Zurich International Life, ensuring compliance with international tax laws, and implementing effective tax strategies to optimise our financial performance in collaboration with the Group's tax function. The ideal candidate will possess a deep understanding of global tax regulations (direct and indirect taxes), excellent leadership skills, a self-starting work style, and the ability to work collaboratively across various departments and regions.

Key responsibilities:

• Tax Strategy Development: Develop and implement comprehensive tax strategies that align with Group tax strategy and policies and the organisation's overall financial goals.
• Compliance Management: Ensure compliance with all local, national, and international tax regulations and reporting requirements.
• Tax Return Oversight: Oversee the preparation and submission of accurate tax returns and related documentation (direct and indirect taxes, transfer pricing, etc).
• Audit Coordination: Manage and coordinate tax audits and investigations, providing necessary documentation and responses.
• Risk Mitigation: Identify and mitigate tax risks, ensuring the organisation's tax practices are efficient and effective and in line with the Group's tax policies.
• Tax Reporting: Prepare quarterly tax reporting packages in line with IFRS regulations and provide required additional information to the Group.
• Expert Consultation: Provide expert advice on tax implications of business transactions, proposition development, mergers, acquisitions, and other corporate activities to all the international branches of Zurich International Life.
• Cross-Department Collaboration: Collaborate with finance, legal, and other departments, including the Group Tax function, to ensure integrated and strategic tax planning.
• Legislative Monitoring: Monitor changes in tax legislation and assess their impact on the organisation.
• External Liaison: Liaise with external tax advisors, auditors, and regulatory authorities as needed.
• Transfer Pricing Management: Manage adherence to Group's transfer pricing policies and prepare documentation to ensure compliance with international transfer pricing regulations.
• Service Level Agreements: Oversee the establishment and maintenance of service level agreements (SLAs), ensuring clarity and adherence to defined standards.

Your skills and experience:

• Extensive experience in tax management, including international tax expertise.
• In-depth knowledge of IAS 12 and local statutory accounting principles.
• Proven track record in minimising tax burdens and ensuring compliance.
• Strong technical research skills for complex tax issues.
• Excellent interpersonal and communication skills for consulting with business units and managing interactions with auditors and tax authorities.
• Ability to mentor and train less experienced tax associates and consultants.
• Deep understanding of global tax regulations.
• Exceptional leadership skills and collaborative abilities.

Who are we?

We are Zurich International Life!

We support our fellow business units who provide life and savings products to markets around the world. Based out of the Isle of Man since 1982, Zurich International Life has built a strong reputation as a reliable, dependable yet innovative insurer and regularly receives recognition and awards from the industry. We believe in having a diverse mix of employees that reflects our customers and the communities in which we live and work. Our diversity and inclusion initiatives are shaping an environment where everyone feels welcome. We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activities through the Zurich Community Trust.

So make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

The financials

• Competitive salary.
• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.
• Free Car Parking, including electric car charging points.

Time away

• 25 days holiday a year plus bank holidays.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to Private medical insurance.
• Virtual GP appointments.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.
• Flexible working.
• Free fruit on a weekly basis.

We're making a difference

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. Our modern and sustainable office is BREEAM and SAGE Plus accredited.
• Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activities through the IOM Staff Charity Fund.