Manager, Tax (Insurance)

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

About Munich Re

Together, we engage with everything we have and are, to help humankind act braver and better.

As the world’s leading reinsurance company with more than 40,000 employees in over 50 locations around the globe, Munich Re introduces a paradigm shift in the way you think about insurance.  By turning uncertainty into manageable risk, we enable fundamental change.  We recognize Diversity, Inclusion, and Belonging as a key priority with a culture that welcomes different thoughts and opinions.  We dare to think big and are continuously innovating on behalf of our clients.

Our data, our technology, and our teams place us in a unique position to drive transformative change in the life insurance industry.  We invest strategically in our world class talent, offering our employees a work experience that promotes professional development, innovation, and rewards high performance.

What Can We Offer You?

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.

Munich Re is committed to providing a work environment that is inclusive and free of employment barriers and discrimination. Accommodations will be made for qualified applicants with a disability throughout the recruitment process. If you receive a request for an interview and you have a disability which will require an accommodation to support your participation, please contact AODARequestHR@munichre.ca as soon as practical so that suitable accommodations can be arranged.