Munich Re

Manager, Tax (Insurance)

Munich Re$121K — $156K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Post-secondary education with a recognized accounting accreditation (CPA, CA/CPA, CMA, CGA)
  • Completion of CICA In-depth tax course or Master of Tax preferred
  • 5+ years of Canadian tax experience
  • Experience in Public Accounting with a focus on Insurance or financial services taxation
  • Prior supervisory experience in a tax-related role
  • Strong technical tax expertise with ability to analyze complex issues
  • Advanced Excel skills and proficiency with MS Suite and Taxprep software

Responsibilities

  • Lead preparation and review of income tax provisions and returns
  • Oversee preparation and filing of tax returns and compliance documentation
  • Analyze discrepancies between tax provision and return
  • Maintain tax continuity schedules and tax rate analyses
  • Manage responses to auditor inquiries and tax authority queries
  • Research and analyze technical tax matters related to insurance taxation
  • Identify and implement process improvements to enhance efficiency

Benefits

  • Collaborative work environment that emphasizes continuous learning
  • Hybrid work model with flexible scheduling options
  • Comprehensive company-paid health and dental benefits starting day one
  • Flexible spending accounts for health and wellness expenses
  • Automatic 5% employer contribution to the DC Pension Plan
  • Generous time-off policies including vacation and personal days
  • Access to extensive learning resources and professional development opportunities
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program and Recognition & Rewards initiatives
Full Job Description
Reporting to the VP, Tax, the Manager, Tax (Insurance) will lead the preparation, review and oversight of the preparation of income and commodity tax provisions and returns for the Life insurance company and its related service entity.

This role includes direct responsibility for supervising one staff member and ensuring the timely, accurate, and audit ready delivery of core tax compliance processes, while also contributing to advisory and strategic initiatives.

The role is expected to expand over time to include broader oversight and leadership responsibilities, supporting progression towards Director level scope.

Tax Compliance and Governance including Tax Audits
  • Manage and review quarterly and annual income tax provisions (IFRS) and supporting schedules
  • Oversee preparation and filing of income tax and commodity tax returns
  • Analyze provision to return differences
  • Maintain tax continuity schedules and tax rate analyses
  • Ensure all workpapers are complete, well-supported, and audit-ready
      • Lead tax audits and manage responses to auditor and tax authority queries
      • Maintain fully supported, audit-defensible documentation
      • Develop strong relationships with tax authorities

Team Leadership
  • Manage and develop one staff member, including performance management and development planning
  • Provide timely, thorough technical review and feedback
  • Ensure work produced by direct report meets quality, completeness, and documentation standards

Strategic
  • Research and analyze technical tax matters (including insurance taxation)
  • Support business initiatives and regulatory changes
  • Contribute to key projects (IFRS, GLoBE, investments, process changes)
  • Identifies and implements process improvements
  • Enhances documentation, controls, and efficiency of tax processes


Qualifications:

  • Post secondary education and recognized accounting accreditation (CPA, CA/CPA, CMA, CGA)
  • Completion of (or in 3rd year) CICA In-depth tax course or Master of Tax is required
  • 5+ years Canadian tax experience required
  • Public Accounting experience and Insurance or financial services taxation is strongly preferred
  • Prior experience supervising and reviewing the work of others
  • Strong technical tax expertise, with the ability to analyze complex issues and prepare clear, well-supported, audit-defensible documentation
  • Continuous improvement mindset, including identifying process enhancements and leveraging technology to improve efficiency
  • Advanced skills in Excel and strong proficiency in MS Suite and Taxprep software


We are pleased to offer our employees great benefits and resources to support their mental, physical and financial wellbeing. These include:

  • An engaging and collaborative environment that promotes continuous learning and development
  • A hybrid work environment that combines weekly in-office and remote days with Meeting-Free lunch hours and Focus Friday afternoons
  • A great compensation package including annual company bonus
  • Market leading company-paid flexible health and dental benefits, starting on your first day
  • Flexible dollars provided by the company to put towards Health Spending Account and/or Wellness Spending Account
  • Immediate participation in DC Pension Plan with an automatic 5% employer contribution, plus optional company match
  • Generous time off including vacation, personal days, unplanned time, Statutory Holidays and company-wide early closure half-days
  • Learning and development programs and resources, including unlimited access to LinkedIn Learning, Education Assistance Program and reimbursement for professional fees
  • Maternity, Parental & Adoption Leave top-up program
  • Employee Referral Program, Recognition & Rewards Platform


Our base salary range for this role is between $121,000 and $156,000 per year, plus an opportunity for an annual company bonus based upon a percentage of eligible pay. The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to internal equity.

This role is located in our Toronto office on 390 Bay St, and we operate in a hybrid work model. This job posting is for an existing vacancy.

We do not use AI in our recruitment process - applications are reviewed by our team to ensure a fair and personalized experience.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.

About Munich Re

Munich Re is a leading global provider of reinsurance, primary insurance and insurance-related risk solutions. The company is headquartered in Munich, Germany. Munich Re operates in all lines of insurance and has a presence in all major markets worldwide. Munich Re's business model is based on the combination of primary insurance and reinsurance under one roof. The company has three business segments: reinsurance, primary insurance, and Munich Health. Munich Re's global premium income amounted to ?54.5 billion in 2020.
Learn more about Munich Re
Size
41,000 employees
Industry

Similar Jobs

More Jobs at Munich Re

More Finance & Insurance Jobs

Find similar Manager, Tax (Insurance) jobs: