Tax Manager

  • RenaissanceRe Services Ltd. (Bermuda)
  • New York
  • 8mo ago
  • Full-Time
  • On-site

RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

JOB SUMMARY

The Tax Manager is responsible for tax compliance, investor tax reporting, preparation of the worldwide quarterly tax provision, and various tax planning and analysis projects.

JOB RESPONSIBILITIES

  • Tax Compliance
    • Prepare and/or review U.S. federal and state income tax returns
    • Assist in the development of the company’s Bermuda corporate income tax compliance processes and policies
    • Prepare and/or review Bermuda corporate income tax returns
    • Collaborate with external service providers in the preparation and review of Capital Partners investor tax reporting (Schedule K-1, Form 5471, and PFIC statements)
    • Assist tax leadership in resolving tax controversy matters
    • Compute and record income tax provision to return true-ups
    • Enhance and maintain tax basis and earnings & profits calculations
  • Income Tax Accounting
    • Prepare and/or review the group consolidated global income tax provision which includes the following:
      • US GAAP basis tax provision preparation or review on and entity-by-entity basis utilizing Corptax tax provision software
      • Tax account analysis and reconciliation
      • Deferred tax asset realizability analysis and modeling
      • Review of US statutory tax provisions under SSAP 101
      • Preparation and assistance with tax disclosures for SEC, NAIC and local financial reporting
      • Maintain internal control documentation
      • Interactions with internal and external auditors and tax advisors
      • Preparation or review of worldwide tax expense forecasts
      • Collaboration with the corporate and local accounting and finance functions throughout the quarterly close process
  • Tax Planning and Analysis
    • Assist senior tax team members in the following areas:
      • Tax research
      • Tax reform planning and modeling
      • Research, analysis, and modeling related to business initiatives
      • Effectively use IT systems and applications in the continued automation of tax function processes and computations

SKILLS / EXPERIENCE NECESSARY

  • Bachelor’s degree in Accounting, Finance, or a related field (Master’s in Taxation a plus)
  • 5+ years of corporate or public accounting tax experience preferably in the insurance or reinsurance industry
  • Strong knowledge of ASC 740 and federal and state tax principles (knowledge of Subchapter L preferred)
  • Proficient with tax software (e.g., Corptax, OneSource, or similar platform), GL accounting systems and Microsoft Office
  • Solid tax research and analysis skills
  • Effective team player with strong organizational and interpersonal skills who is comfortable managing multiple tasks 

We are an equal opportunity employer.  We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories. 

The fulltime base salary range for this position is $1400,000 - $150,000 USD per year; base salary offered may vary based on job-related knowledge skills, and experience. The position is eligible for bonus and a comprehensive benefits package. This information is provided per the New York City Human Rights Law and applies to positions in New York City.


Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.

We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.