At a Glance
- Tasks: Provide tax advice and guidance on worldwide tax matters in a leading insurance marketplace.
- Company: Lloyd's, the world's top insurance and reinsurance marketplace.
- Benefits: Collaborate with experts, grow your skills, and contribute to an inclusive environment.
- Other info: Join a diverse team focused on innovation and professional development.
- Why this job: Make a real impact by tackling complex global challenges in tax.
- Qualifications: Experience in UK corporation tax compliance and strong analytical skills.
The predicted salary is between 55000 - 65000 £ per year.
Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of.
We’re looking for a Direct Tax Manager to join our Tax team in London. This is your opportunity to support the world’s leading insurance marketplace by providing tax advice and guidance on worldwide tax matters. At Lloyd’s, we take the risk, make things happen, and own the outcome. And in this role, you’ll play a key part in helping us do just that.
The role
You’ll work at the centre of our tax function, supporting both the Corporation and the wider Lloyd’s market on direct tax matters. From compliance to advisory, you’ll bring clarity to complex issues. And you’ll help ensure we continue to operate with integrity, efficiency and confidence across global markets.
What you’ll be doing
- Provision of direct tax technical analysis and input into projects for the Market and other functions within the Corporation.
- Assist with lobbying of, and liaison with, UK and other tax authorities on behalf of the Market.
- Management of the compliance process for Members’ income tax returns in specific countries.
- Investigating legislative changes affecting the Market (with external advisers where necessary) and ensuring these changes are incorporated into tax compliance systems and processes.
- Responding to queries from the Market.
- Maintaining accurate tax information on Crystal+.
- Act as a technical expert on direct tax matters for other departments.
- Manage tax risk for the Market.
What you’ll bring
You don’t need to tick every box. But you’ll likely have:
- 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 helpful but not required
- Exposure to international tax issues
- The confidence to explain complex tax concepts in a simple way
- A proactive mindset, with the ability to challenge and improve
- Strong attention to detail and a collaborative approach
And you’ll be someone who enjoys working with others, sharing knowledge and building trust across teams.
Experience
- Solid grounding in UK and international corporate taxes supported by appropriate tax qualifications or experience
- Experience in managing tax compliance processes
- Awareness of other taxes e.g. VAT and premium taxes
Why join us?
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We bring together the expertise, insight and capital to protect what matters most. Here, you’ll:
- Work on complex, global challenges
- Collaborate with leading experts across the market
- Grow your technical and professional skills
- Contribute to a more inclusive, resilient marketplace
Because when diverse perspectives come together, better solutions follow. Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact. We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‐to‐day — not just talked about.
We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
Manager, Direct Tax employer: Lloyd’s Europe
At Lloyd's, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is evident through continuous professional development opportunities and a culture that values diversity and inclusion, ensuring every voice is heard. Join us to tackle complex global challenges alongside industry experts while contributing to a marketplace that prioritises integrity and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Direct Tax
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lloyd’s Europe). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lloyd’s Europe. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Manager, Direct Tax
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 Lloyd’s Europe.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lloyd’s Europe. 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 Lloyd’s Europe
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lloyd’s Europe 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 Lloyd’s Europe, 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 Lloyd’s Europe'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.
