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Tax Manager

Posted 2 days 5 hours ago by Hiscox Underwriting Group Services Ltd (HUGS)

Permanent
Not Specified
Banking & Financial Services Jobs
London, United Kingdom
Job Description

12mth Contract (Day rate - Inside IR35 or FTC considered)

We are seeking an experienced and analytically-minded Tax Manager / Business Analyst to join a dynamic change project. Operating with a multinational footprint, our organisation is undergoing a significant transformation in its operating model. As a Tax Manager / Business Analyst you will play a crucial role in ensuring the business fully understands and navigates the complex landscape of indirect and direct taxation implications, including VAT, sales tax, transactional taxes, and profits taxes, resulting from these changes.

This position sits within the Group Tax function and collaborates extensively with Finance, Legal, Procurement, and Operations teams. The ideal candidate will possess a sophisticated understanding of international tax regimes, exceptional business analysis skills, and the ability to translate tax complexities into actionable recommendations.

Key Responsibilities
  • Tax Impact Analysis:
    • Assess the VAT, sales tax, transactional tax, and profits tax consequences of proposed operational changes across multiple jurisdictions, including the UK, Europe, the US, and Bermuda.
    • Model the quantitative tax impacts of different scenarios, providing clear visualisations and decision-ready summaries to senior management.
    • Identify and articulate tax opportunities available from future business models, as well as attendant risks.
  • International Tax Research:
    • Conduct detailed research into the VAT and sales tax regimes of relevant jurisdictions, including treatment of insurance-related services, cross-border transactions, and group recharges.
    • Maintain up-to-date knowledge of evolving tax legislation affecting transactional and profits taxes, especially as it relates to service sourcing and intra-group arrangements.
    • Prepare technical memos and position papers to inform business decisions and document the group's stance on key issues.
  • Cross-Functional Collaboration:
    • Work closely with Procurement and Supply Chain / Sourcing specialists to understand the practical implications of proposed changes.
    • Liaise with Legal and Procurement to ensure all relevant tax concerns are addressed in any new contracts or arrangements.
    • Engage with external tax advisors and local tax authorities as necessary to clarify technical positions and ensure alignment with best practices.
  • Stakeholder Education & Communication:
    • Translate complex tax concepts into clear, practical advice for non-tax stakeholders at all levels of the organisation.
    • Develop effective communication strategies to ensure relevant teams are educated on the tax consequences of op model changes.
    • Prepare engaging reports and presentations for use with senior management, boards, and auditors.
  • Process Improvement & Policy Development:
    • Ensure tax requirements availability of data for tax processes are addressed as part of any implementation planning, including automated data collection and analysis relevant to indirect and direct taxes.
    • Assist in the development or refinement of group tax policies, especially as they pertain to sourcing, procurement, and intercompany transactions.
    • Monitor the effectiveness of implemented policy changes and propose adjustments as needed.
Required Experience & Competencies
  • Professional tax or accounting qualification (e.g., ACA, ACCA, CTA, CPA).
  • Minimum of 10 years' experience in tax, ideally within a multinational financial services group.
  • Proven expertise in (at least) international VAT/GST, sales tax, and transactional taxes with a particular focus on cross-border transactions and group structures. Exposure to transfer pricing and corporate income tax an advantage.
  • Familiarity with the tax regimes and business environments of the UK, Europe, and US.
  • Proven experience in modelling or analysing the tax impact of business changes.
  • Excellent analytical, research, and report writing skills, with the ability to synthesise large volumes of data and legislation into actionable insights.
  • Proficiency in Excel and business intelligence tools.
  • Outstanding communication and stakeholder management skills, with the ability to translate technical issues into business language.
  • High degree of professional integrity, discretion, and sound judgement.
  • Strong project management skills, with the ability to deliver on multiple simultaneous priorities under tight deadlines.
  • Proactive and self-motivated, with a commitment to continuous learning and professional growth.
  • Ability to build relationships and influence stakeholders across functions and regions.
  • Curiosity and adaptability in the face of complex, evolving environments.

About Hiscox

As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.



Diversity and Hybrid working

At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success.

We have also learned over the past few years that working life doesn't always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.


Work with amazing people and be part of a unique culture

Why work here?

If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.

Get in touch

If this is your first time visiting our career site and you wish to stay in touch please select the 'Introduce yourself' button on the top right. This will allow us to contact you with suitable vacancies. If you are a returning prospect and wish to view our current vacancies please Search for Jobs using the link on the top right.

About us

We're a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we're a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values - such as integrity and courage - where our people always pull together to do the right thing for each other and our customers, then we'd love to hear from you.

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