Tax Oversight Manager

Posted Yesterday by eFinancialCareers
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Company Description

Legal & General supports the savings, protection and retirement needs of around 14 million people, through our portfolio of retail and workplace businesses.

Our Retail division helps people enjoy a more colourful retirement, both directly and through their employers, including Lifetime Mortgages, Retirement Interest Only Mortgages and financial advice on our range of lending products.

We are the UK's number one individual life insurer, and also provide Group Protection products for employers - all helping people to plan for the unexpected. We support home buying through our Mortgage Club - the UK's largest - and our award-winning Surveying Services team. And our fintech team finds and supports socially useful start-ups and scale-ups working in the workplace, home, insurance and wealth areas.

Joining us means helping create brighter financial futures for all our customers.

Job Description

We're recruiting for a Tax Oversight Manager to join our Retail function. The role is designed to ensure that the L&G Retail business complies with operational and product tax obligations across all products and services offered. What you'll be doing:
  • Create and oversee tax compliance procedures that align with the Group Tax Strategy and legal mandates, guaranteeing that the Retail business adheres to all tax obligations
  • Manage the tax compliance procedures that are in place across Retail and ensure that they evidence that all operational and product tax obligations are controlled
  • Ensure that all operational and product tax obligations are fully understood and adhered to by all personnel across impacted areas in Retail
  • Oversee key tax risks associated with Retail to ensure they are mitigated through a governance framework; inform the Head of Tax Oversight or Group Tax about any breaches necessitating disclosure to HMRC
  • Support with issues that are referred from the Retail business or Group Tax and where appropriate ensure implementation of recommendations to optimise tax adherence
  • Maintaining a strong technical understanding of tax legislation is crucial for the retail sector. Work closely with the central Group Tax team and seek their advice when there is uncertainty in interpreting HMRC guidance or regulations
  • Collaborate with the Head of Tax Oversight to guarantee that all products and propositions provided by Retail are operationally compliant with tax requirements, fulfilling the needs, characteristics, and objectives of the target market customers and ensuring positive outcomes for them
Qualifications

Who we're looking for:
  • Professional qualifications from bodies such as Chartered Insurance Institute or CFA UK, in relation to the role are desirable
  • Understanding of the financial services environment and regulatory business requirements
  • Obtains and interprets appropriate factual data to assist in decision-making.
  • Proven experience of being able to communicate technical issues in a clear, simple manner to a wide audience
  • Works with and provides guidance and support to other teams
  • Prioritisation, planning and organisation of multi task/person assignments
  • Ability to anticipate problems/omissions and consider potential ways to mitigate them
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Private medical insurance (permanent employees only)
  • At least 27 days holiday, plus public holidays, 28 days after 2 years' service. There's also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
  • There are the many discounts we offer - both for our own products and at a range of high street stores and online
  • In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information

Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.

If you join us, you'll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you're open to find out more, we'd love to hear from you.
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