At a Glance
- Tasks: Provide tax advice and manage compliance for global markets.
- Company: Join Lloyd’s, the world’s leading insurance and reinsurance marketplace.
- Benefits: Diverse and inclusive environment with professional development opportunities.
- Other info: Proactive mindset and collaborative approach are key to success.
- Why this job: Tackle complex global challenges and collaborate with industry experts.
- Qualifications: Strong experience in UK corporation tax and international tax principles.
The predicted salary is between 60000 - 75000 £ per year.
Overview
Lloyd’s is the world’s leading insurance and reinsurance marketplace.
We are focused on delivering underwriting performance, operating an efficient and flexible marketplace, and maximizing the capital advantage of the Lloyd’s market.
We are looking for a Direct Tax Manager to join our Tax team in London.
In this role you’ll provide tax advice and guidance on worldwide tax matters and help the market operate with integrity, efficiency and confidence across global markets.
Responsibilities
- Provide direct tax technical analysis and input into projects for the Market and for the Corporation.
- Assist with lobbying of, and liaison with, UK and other tax authorities on behalf of the Market.
- Manage the compliance process for Members’ income tax returns in specific countries.
- Investigate legislative changes affecting the Market (with external advisers where necessary) and ensure these changes are incorporated into tax compliance systems and processes.
- Respond to tax queries from the Market.
- Maintain accurate tax information on Crystal+.
- Act as a technical expert on direct tax matters for other departments.
- Manage tax risk for the Market.
Qualifications and Experience
- Strong experience in UK corporation tax compliance and reporting.
- Knowledge of UK and international corporate tax principles (e. g., permanent establishment risk, transfer pricing, withholding taxes).
- Knowledge of the insurance industry is helpful but not required.
- Exposure to international tax issues.
- Ability to explain complex tax concepts clearly and simply.
- Proactive mindset with the ability to challenge and improve.
- Strong attention to detail and a collaborative approach; ability to work with others and build trust across teams.
- Experience grounding in UK and international corporate taxes with appropriate tax qualifications or relevant experience.
- Experience in managing tax compliance processes.
- Awareness of other taxes (e. g., VAT and premium taxes).
- Why Join Us
At Lloyd’s you’ll work on complex, global challenges, collaborate with leading experts across the market, and develop your technical and professional skills.
We are committed to a diverse, inclusive environment reflecting the global markets we serve, with dignity and respect for all.
We strive to turn commitment into action through employee networks, mentoring, volunteering opportunities and ongoing professional development so inclusion is experienced day-to-day.
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Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Direct Tax in London
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We think you need these skills to ace Manager, Direct Tax in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at CO1001 Corporation of Lloyd’s.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at CO1001 Corporation of Lloyd’s. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at CO1001 Corporation of Lloyd’s to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at CO1001 Corporation of Lloyd’s, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding CO1001 Corporation of Lloyd’s's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
