- Location
- Crow Lane, Bermuda
- Type
- Full-time
- Department
- Finance
- Seniority
- Senior
- Experience
- 25+ years
- Education
- Master
- Source
- Workday
Description
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
Senior Tax Analyst reporting to the VP-Tax responsible for tax compliance, tax provision, and
various ad hoc tax planning and analysis projects with other members of the tax team.
JOB ACCOUNTABILITIES :
Tax Compliance:
- Prepare and/or review of U.S. Federal, state, and other country income tax
returns and information filings
- Prepare Bermuda substance-based tax credit and other country tax credit
calculations, including compilation and review of compensation and expense
data and preparation of spreadsheets and other documentation
- Prepare and/or review of Bermuda corporate income tax returns and tax credit
claim form
- Collaborate with external service providers
- Assist tax leadership in resolving tax controversy matters
- Computation and recording of income tax return provision to return true-up
calculations
- Enhance and maintain tax basis and other tax attribute calculations
Income Tax Accounting:
- Prepare portions of the group consolidated global income tax provision which
includes the following:
- US GAAP basis tax provision preparation or review on an entity-by-entity
basis utilizing Corptax tax provision software
- Tax account analysis and reconciliation
- Deferred tax asset realizability analysis and modeling
- Preparation and assistance with tax disclosures for SEC, NAIC and local
financial reporting
- Maintenance of the internal control documentation
- Interactions with internal and external auditors and tax advisors
- Preparation or review of tax and tax credit forecast computations
- Collaboration with the corporate and local accounting and finance
functions throughout the quarterly close process
- Preparation or review of separate company tax provisions under various
- local accounting guidance
Tax Planning and Analysis:
- Assist senior tax team members in the following areas
- Tax research
- Transfer pricing analysis and documentation
- Research, analysis, and modeling related to business initiatives
• Effectively use IT systems and applications in the continued automation of tax function
processes and computations
JOB COMPETENCIES
- Effective team player with good organizational and interpersonal skills who is
comfortable managing multiple tasks
- Eagerly assumes new tasks and responsibilities
- Exhibits effective analytical problem-solving and decision-making skills
- Communicates effectively
- Receptive to new ideas. Reacts positively to changing conditions
- Demonstrates sensitivity, respects cultural differences, and acts in an ethical manner at
all times
MINIMUM REQUIREMENTS
- College degree in Accounting
- 5 years of corporate or public accounting tax experience or 8 years of accounting and
finance experience, preferably in the insurance and reinsurance industry
- Proficient with IT systems including tax return and tax provision software, GL accounting
systems, Wdesk, and Microsoft Office
- Masters in Tax or CPA/Chartered Accountant a plus