At a Glance
- Tasks: Lead tax strategy and compliance for a leading Specialty Insurer, influencing key business decisions.
- Company: Join a top-tier Specialty Insurer in the heart of The City.
- Benefits: Competitive salary, flexible working arrangements, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on innovation and continuous improvement.
- Why this job: Make a significant impact on tax strategy and governance in a dynamic environment.
- Qualifications: Qualified tax professional with senior leadership experience in financial services or related fields.
The predicted salary is between 75600 - 92400 £ per year.
About us
Avencia Talent Solutions are exclusively recruiting on behalf of a leading Specialty Insurer based in The City, who are looking to hire an Interim Head of Tax on a 6 month basis.
The role
Reporting to the Chief Accounting Officer (CAO), the role will act as a key adviser to the CAO, Group CFO, and senior management team, influencing strategic decisions across underwriting, capital deployment and organizational expansion.
Key accountabilities
- Tax Strategy & Leadership
- Develop and implement a Group-wide corporate tax strategy aligned with business objectives and risk appetite.
- Advise the CAO, CFO and senior leadership on the tax implications of strategic initiatives, including new markets, products, capital deployment and the impacts of changing tax legislation.
- Lead tax planning activities to support commercial growth while ensuring alignment with regulatory and legislative frameworks.
- Compliance & Reporting
- Ensure accurate and timely compliance with all corporate tax obligations across relevant jurisdictions (UK, Bermuda, EU and others).
- Oversee the preparation and submission of:
- Corporation tax returns
- VAT and indirect tax filings
- Transfer pricing documentation and reporting
- Manage tax accounting for Group and legal entity financial reporting, including effective tax rate, provisions and disclosures.
- Ensure compliance with UK Senior Accounting Officer (SAO) requirements and equivalent global regulations.
- Governance & Risk Management
- Establish and maintain a robust tax governance and control framework.
- Manage the Group's tax risk register, ensuring early identification and mitigation of tax risks.
- Lead interactions with tax authorities (e.g. HMRC) and manage audits, enquiries and disputes.
- Ensure alignment with OECD principles, including transfer pricing and substance requirements.
- Advisory & Business Partnering
- Provide technical tax advice across the Group, including:
- Underwriting structures
- Reinsurance arrangements
- Strategic investments
- Partner closely with the CAO, Finance, Legal, Underwriting and Operations to ensure tax considerations are embedded in decision-making.
- Evaluate tax implications of cross-border transactions and global structuring initiatives.
- International Tax & Structuring
- Oversee transfer pricing frameworks and intercompany arrangements.
- Advise on international expansion and jurisdictional structuring to optimise tax outcomes.
- Monitor global tax developments (e.g. OECD Pillar Two, BEPS) and assess impact on the Group.
- Team Leadership & External Advisors
- Lead a high-performing global tax function.
- Manage relationships with external advisors across jurisdictions where specialist expertise is required.
- Drive continuous improvement in tax processes, systems and reporting capabilities.
Skills & experience
- Qualified tax professional (CTA, ACA or equivalent).
- Significant experience in a senior tax leadership role, ideally within financial services, insurance or reinsurance but open to other industries.
- Strong knowledge of U.S. GAAP.
- Strong knowledge of UK corporate tax, international tax and tax accounting principles.
- Experience operating across multi-jurisdictional environments.
Interim Head of Tax employer: Avencia Talent Solutions Limited
Avencia Consulting is an exceptional employer, offering a dynamic work culture that prioritises collaboration and continuous improvement. With a strong commitment to employee growth, the company provides opportunities for professional development within the thriving insurance sector in London, allowing you to make a meaningful impact while enjoying a supportive and empowering environment.
Contact Details:
Avencia Talent Solutions Limited Recruitment Team
