Insurance. Typically this is not the area of tax many candidates come to Pure asking about, mainly due to preconceptions about the work involved.
It may surprise you learn that our client's London insurance tax team works on all of the following regularly:
Transaction support and structuring advice (e.g. business transfers, reinsurance arrangements, M&A work, advice on the treatment on long term insurance fund investments).
Reviews of captive insurance arrangements.
Transfer pricing projects.
Delivery of technology-based tax solutions to insurance companies
Advice on policyholder tax issues.
Participation in industry forums and consultation processes.
Tax compliance work.
There is a focus on all areas of the insurance sector including general insurance, the Lloyds market, broking, life insurance, captive insurance and other areas of alternative risk transfer.
This is not an area to enter in to without performing some due diligence, but once you have, you will find a much richer job than many assistant managers and managers believe is the case in Insurance Tax.
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