This position requires in-depth knowledge of insurance end to end understanding of US Indirect Tax processes includes. The role requires critical thinking, hands on experience with admin systems and in-depth knowledge of advanced excel.
Key Accountabilities
- Review of annual premium tax returns, estimates and other miscellaneous filings for US based entities.
- Performing a review of filings prepared by other team members for accuracy, completeness and technical proficiency.
- E filings of returns via OPTins and making the required payment to the state authority.
- Performing transaction testing for five different types of transactions Recent Business, Renewal, Reinstatement,
Cancellation and Endorsement, while using required applications..
- Preparation of federal, state and local tax returns including extensions for US based Partnerships, Corporations, and S.
Corporation using software's like Go System, OneSource etc.
- Creating e-file XMLs of returns on platforms/software/applications approved by Internal Revenue Services (IRS).
- Perform Research on the open items and resolve them in timely manner.
- Assist team to prepare internal reports, provide support in Audits and report deficiencies to offshore team.
- Provide support to onshore team with tax audits as they arise
- Co-ordinate within the team for training, resolving complex issues, seeking advice etc.