At a Glance
- Tasks: Provide tax advice and manage compliance for global markets.
- Company: 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.
Direct Tax Manager employer: CO1001 Corporation of Lloyd’s
Lloyd’s is an exceptional employer, offering a dynamic work environment that champions diversity and inclusion while prioritising employee wellbeing. With a strong commitment to professional development, employees have access to mentoring, training, and opportunities to engage in meaningful projects that impact the global insurance market. Located in the heart of London, Lloyd’s fosters a collaborative culture where every team member is valued and empowered to contribute to innovative solutions.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Direct Tax Manager
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as CO1001 Corporation of Lloyd’s, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Direct Tax Manager
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch CO1001 Corporation of Lloyd’s's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at CO1001 Corporation of Lloyd’s. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at CO1001 Corporation of Lloyd’s!
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for CO1001 Corporation of Lloyd’s.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within CO1001 Corporation of Lloyd’s. It helps to show our commitment!
