Insurance Premium Tax specialist

Job description

Connect to your Industry

The Deloitte Indirect Tax Team has grown rapidly over the last 5 years and to continue that growth needs high calibre additional resource at Consultant level. Our team is regarded within the firm as one of the leading and most successful service lines, with a reputation for being proactive, entrepreneurial, successful and fun to work with.

Working for us will present you with the opportunity to get involved with high profile clients and expand your horizons.

The Financial Services ("FS") Indirect Tax team sits within the Indirect Tax group and focuses on the key industries of Banking & Capital Markets, Investment Management, Insurance and Fintech.

Within the FS team, we also have a number of individuals who focus solely on insurance and advise some of the world's largest insurer's, brokers and outsourcers within the insurance industry. This includes advising on IPT matters relating to both the UK and overseas territories. IPT is a significant of area of growth for Deloitte and we have expanded our footprint in terms of both IPT advisory and compliance work.

Keeping abreast of all relevant Indirect Tax issues and developments that clients are most concerned with, the team also works closely with industry bodies as well as frequently dealing with HM Treasury and HM Revenue & Customs, acting on behalf of clients and in the course of consultations. Consistent with its clients' operations, the work is often global in nature and provides the chance to broaden knowledge and interact with the Deloitte global network regularly. Members will expect to work with all other people in the team, often reporting direct to Partners.

Connect to your career at Deloitte

Deloitte drives progress. Using our vast range of expertise, we help our clients' become leaders wherever they choose to compete. To do this, we invest in outstanding people. We build teams of future thinkers, with diverse talents and backgrounds, and empower them all to reach for and achieve more.

What brings us all together at Deloitte? It's how we approach the thousands of decisions we make every day. How we behave, our beliefs and our attitudes. In other words: our values. Whatever we do, wherever we are in the world, we lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact. These five shared values lead every decision we make and action we take, guiding us to deliver impact how and where it matters most.

Connect to your opportunity

Working in the FS team will present any new member with the opportunity to become involved in challenging and interesting work, where innovation is welcomed and team spirit is vibrant and sociable.

We work with numerous high-profile businesses within the insurance industry and are involved in a variety of different types of IPT work including:

• Advising on the UK IPT treatment of insurer / broker contracts;
• Considering complex location of risk queries;
• Considering industry wide issues. For example, recent discussions have included those on the IPT treatment of space risks or risks in the oil and gas industry;
• Working with our overseas teams to advise on IPT queries across Europe and the World;
• Looking at IPT tax points and understand the operational impact on insurers
• Seeking to develop new IPT technology and automate IPT processes for clients;
• Involvement in IPT compliance (albeit mainly focussed on review rather than return preparation).

As you are given the autonomy to establish your own contacts within a client and reach your own solutions your independence will be accelerated. You will also be encouraged to speak and liaise with previous colleagues and contacts from across the insurance industry and where appropriate, contribute to industry led discussions on IPT.

It is up to you to take this independence and build your own network. Whilst autonomy is encouraged the team network will always be available when you need support and advice.

In addition to the areas above, we would also want you to have responsibility for:

• Assisting with deepening relationships with target accounts, contributing to winning new work;
• Managing client projects reporting to Directors and Partners;
• Assisting with developing less experienced staff with hands on advice and support;
• Input into development of new market opportunities locally, nationally and internationally with an opportunity to lead the market development of new IPT ideas;
• Contributing to enhancement of relationships with all targets and clients;
• Working closely with colleagues in other parts of the firm;
• Having a broader perspective of potential issues encountered when managing diverse teams and the strategies to overcome them; having a clear understanding of the firm's commitment to creating a more inclusive culture.

Connect to your skills and professional experience

• Prior IPT experience gained within industry, professional services or HMRC.
• Extensive IPT experience.
• Excellent client facing, relationship building and business development skills, coupled with commercial awareness
• The ability to be proactive, identify opportunities and take early responsibility.

Connect to your business - Tax

Innovation and tax consultancy may not seem to go together, but that's exactly what you'll find at Deloitte. We're constantly seeking the new and working together to push the limits of what's possible. Discover a new kind of tax career that you can make your own.

Tax

Our comprehensive range of services encompasses everything from the completion of tax returns (corporation tax self-assessment) to complex consultancy assignments and strategic tax planning. We advise on corporate and general tax, international M&A, stamp tax, cross-border transfer pricing, reorganisations and reconstructions, and competent authority negotiations.

Personal independence

Regulation and controls are standard practice in our industry and Deloitte is no exception. These controls provide important legal protection for both you and the firm. We are subject to a number of audit regulations, one of which requires that certain colleagues abide by specific personal independence constraints (e.g., in relation to any financial interests and employment relationships). This can mean that you and your "Immediate Family Members" are not permitted to hold certain financial interests (shares, funds, bonds etc.) with audit clients of the firm, and also prohibitions on certain employment relationships (e.g., you are not permitted to hold a secondary employment role with SEC audit clients of the firm whilst being employed by the firm). The recruitment team will provide further detail as you progress through the recruitment process or you can contact the Independence team upon request.

Connect with your colleagues

"At Deloitte we work with some of the world's biggest and most prestigious businesses, because we're recognised for our expertise and insight. Every challenge, issue or opportunity has tax considerations - and so we give insightful and proactive advice to help clients navigate risk, complexity, and business-critical decisions." - Oliver, Tax Consulting

"I really appreciate the learning opportunities at Deloitte, from formal training to knowledge gathering from colleagues. " Montine, Tax Consulting

Our hybrid working policy

You'll be based in Birmingham, Glasgow, Leeds or London with hybrid working.

At Deloitte we understand the importance of balancing your career alongside your home life. That's why we'll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you'll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You'll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing. Please check with your recruiter for the specific working requirements that may apply for your role.

Connect to your return to work opportunity

Are you looking to return to the workplace after an extended career break?

For this role we can offer coaching and support designed for returners to refresh your knowledge and skills, and help your transition back into the workplace after a career break of two years or more. If this is relevant for you, just let your recruiter know when you make your application.

Our commitment to you

Making an impact is more than just what we do: it's why we're here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before.

We want you. The true you. Your own strengths, perspective and personality. So we're nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we'll take your wellbeing seriously, too. Because it's only when you're comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we'll make sure it never stops growing. Whether it's from the complex work you do, or the people you collaborate with, you'll learn every day. Through world-class development, you'll gain invaluable technical and personal skills. Whatever your level, you'll learn how to lead.

Connect to your next step

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you'll experience a purpose you can believe in and an impact you can see. You'll be free to bring your true self to work every day. And you'll never stop growing, whatever your level.

Discover more reasons to connect with us, our people and purpose-driven culture at deloitte.co.uk/careers

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