Senior Director Policyholder Tax- Hybrid

Company: Allianz Popular SL.
Location: Minneapolis
Posted on: March 29, 2025

Job Description:

Senior Director Policyholder Tax - HybridAt Allianz Life, we are driven by our mission - we secure your future - and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.You will manage the policyholder tax function providing direction and oversight of individuals performing tax administration of life insurance and annuity products within Enterprise Operations. You will lead important priorities, set and achieve our performance targets, and deliver a positive experience to both policyholders and producers. You will report to the AVP Surveillance and Regulatory Compliance.What you do:

• Lead enterprise accountability for all tax related functions involving the administration of life insurance and annuity products that are issued by Allianz Life to help ensure quality, accuracy, and compliance with income tax requirements.
• Develop department plans to ensure successful operational coordination of tax team activities (on and offshore) including annual IRS Form 1099 tax reporting, federal/state income tax withholding remittances, and providing support responding to tax inquiries and requests related to the products issued by Allianz Life.
• Research and provide technical support to operational teams on analysis of complex tax rules involving life insurance, non-qualified annuities, Traditional/SEP IRAs, Roth IRAs, SIMPLE IRAs, and qualified retirement plans, consulting with internal Legal experts.
• Participate in change projects that impact income tax compliance related to life insurance and annuity products, leading implementation of new tax laws and regulations and ensuring tax requirements are implemented in company projects and new product development.
• Provide guidance to other operational areas on tax compliance topics involving third-party administrators, custodians, or financial professional income tax reporting.
• With the coordination of internal Legal staff, provide support regarding internal and external tax communications with federal and state regulatory authorities, and any related tax remediations with policyholders.
• Establish and maintain a solid controls framework of product taxation administration through oversight, capability, and system ownership, monitoring of processes, and financial controls.
• Establish successful working relationships with peers, senior Operations leaders, important partners (e.g., Corporate Tax and Legal staff), and vendors to deliver a high-quality end-to-end customer experience and tax compliance aligned with the service strategy and company-wide priorities.
• Build the skills and develop the people needed to support the service delivery strategy at all levels, including a holistic people and employee engagement strategy to attract and retain talent.What you bring:
• 8 or more years' experience required in Financial Services or Insurance and Annuity operations, specifically working with tax matters related to the administration of life insurance or annuity products.
• Four-year degree required or equivalent insurance product tax related work experience.
• You must be legally authorized to work in the U.S. and will not require immigration sponsorship for visa status now or in the future.Range $141,000 - $282,000Actual base salary may vary based upon factors such as relevant experience, qualifications, internal equity of peers, and geographic location. In addition to base salary, this position is eligible for an annual incentive program.What we offer:At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store, and two cafeterias.Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer. We believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer.
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Keywords: Allianz Popular SL., Minneapolis , Senior Director Policyholder Tax- Hybrid, Accounting, Auditing , Minneapolis, Minnesota