Insurance and Investments Tax Expert

15 hours ago


London, Greater London, United Kingdom Legal & General Full time

Company Overview

Legal & General is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, aiming to build a better society for the long term by investing our customers' money in things that make life better for everyone and create value for our shareholders. Our Group Functions provide the services that all areas of the business need.

Job Description

We're recruiting for a Head of Insurance and Investments Tax who will be responsible for the oversight of tax matters relating to Insurance and Investment across the Group. The role involves providing leadership on tax issues affecting insurance and corporate investments. This includes being the key point of contact for all relevant tax matters within LGRI and CI on all investment and M&A initiatives, and supporting the Head of International, Insurance & Investments Tax on all insurance and reinsurance matters.

Key Responsibilities

  • Leading delivery of advice on Investments (and in particular Direct Investments) made by the Insurance business, including UK and international investment structures designed to meet SII requirements.
  • Working with the Head of International, Insurance & Investments Tax, providing support on (re)insurance transactions which includes the review of (re)insurance agreements, assessing the tax implications of collateral structures, determining potential tax impacts on recapture and termination planning.
  • Acting as lead tax business partner to the Corporate Investments division, taking responsibility for delivery of all tax advice to the division.
  • Acting as the M&A lead within Tax, leading best practice across the team with respect to tax matters and providing expert input as required into corporate M&A undertaken across the team.
  • Responsible for ensuring corporate tax compliance across the Insurance and Corporate Investments entities, including subsidiary investment structures.
  • Responsible for the delivery of timely and accurate tax provisioning for the Insurance and Corporate Investments entities, including subsidiary investment structures, as part of the L&G year end reporting processes.
  • Maintaining good technical knowledge of insurance tax issues. Preparing representations and responses to consultations on prospective changes on behalf of L&G for HMRC/HMT and industry bodies to ensure the Group's issues and needs are represented.
  • Developing and ensuring that appropriate risk management controls and procedures are in place. Identify and evaluate key tax risks and ensure these are reported and managed.


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