Senior Director Policyholder Tax, Allianz

Allianz

Location:
United States, Minneapolis

Category:
Finance

Contract Type:
Not provided

Salary:

141000.00 - 282000.00 USD / Year

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Job Description:

At 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.

Job Responsibility:

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 that are issued by Allianz Life
Research and provide business intelligence 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
Provide guidance to other operational areas on tax compliance topics
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 relationship 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
Establish a customer-centric environment and demonstrate responsiveness to internal and external requests involving product related operational tax activities
Build the skills and develop the people needed to support the service delivery strategy at all levels

Requirements:

8 or more years' experience required: Financial Services or Insurance and Annuity operations, specifically working with tax matters related to the administration of life insurance or annuity products (including both non-qualified and qualified annuities, such as Traditional/SEP IRAs, Roth IRAs, SIMPLE IRAs, and qualified plans), successful strategic leadership, business acumen, process/systems thinking, relationship and customer service skills
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 (e.g. H1-B, L-1, TN, etc). If you are currently on CPT/OPT, you are ineligible due to the need for future immigration sponsorship

What we offer:

a choice of 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
our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity

Additional Information:

Job Posted:
May 04, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Director Policyholder Tax