Tax Risk Specialist Insurance

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Legal & ComplianceRisk Specialist

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Job DescriptionTo provide a proactive, in house Tax Risk Management service to the African businesses within the FirstRand Group Attending, and providing Tax risk insight to,

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Legal & ComplianceRisk Specialist

To provide a proactive, in house Tax Risk Management service to the African businesses within the FirstRand Group

Attending, and providing Tax risk insight to, deal conclusion forums in relation to transactions or structures which impact on FirstRand Life Assurance and other insurance entities within the FirstRand Group.
Escalation of Tax issues to the Head of Insurance and Asset Management Tax where necessary.
Managing Tax related projects as and when the need arises.
Ability to ensure relevant systems are developed in compliance with Tax legislation.
Ability to support business areas and relationship managers within FirstRand Life Assurance.
Coordinating Tax training and update sessions for FirstRand Life Assurance and other insurance entities within the FirstRand Group.
Actively lobbying National Treasury and SARS in relation to industry Tax matters.
Actively participating in industry forums, such as ASISA.
Communicating changes to local Tax legislation and judicial decisions to FirstRand Life Assurance.
Assisting with the review of all external tax reporting for FirstRand Life Assurance, including IT3’s and DWT.
Monitoring compliance with Tax legislation within FirstRand Life Assurance, both locally and internationally (including a detailed review of all local Tax returns).
Communicating and managing the Tax Risk Management and Compliance Framework for FirstRand Life Assurance, as well as appropriate Tax Risk Management processes and policies within FirstRand Life Assurance.
Providing Tax advice to FirstRand Life Assurance and other insurance entities with the objective of optimizing the Tax and risk profile and identifying Tax saving opportunities.
Ensuring that any FirstRand Life Assurance transaction, product or query, which has other tax implications, such as Value-Added Tax or Employees’ Tax implications, is discussed with the relevant Tax experts within FirstRand Group Tax.
Identifying Direct Tax risks within the FirstRand Life Assurance business and finding appropriate solutions.
Reviewing, advising and making recommendations in respect of the Direct Tax implications on life, short term and investment products.

29/10/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.