Join Our Team
In 2022, the Atlanta Journal-Constitution named Primerica one of the best places to work for the ninth consecutive year. Also in 2022, Primerica was named one of the Best Employers for Diversity by Forbes for the second consecutive year. Forbes also named Primerica as one of America’s best Insurance companies for 2022. Primerica ranks 6th among 25 companies included in the Term Life Insurance category. Over the past seven years Primerica has consistently been voted Best Employer by Gwinnett Magazine in its special "Best of Gwinnett" winner editions. Primerica is a great place to work! Join our team to experience what it’s like to work at “one of the best places to work in the metro Atlanta.”
About this Position
The VP of Tax assists in general day-to-day management of the Primerica Tax Department. Additionally, the position requires management of certain tax processes including insurance statutory provision preparation and reporting, GAAP provision preparation and reporting, legislative research, controversy leadership and negotiation, and income tax compliance and other department matters.
The salary for this position is up to 180k with eligibility for a variable target incentive.
Responsibilities & Qualifications
Statutory Tax Provision Management
- Liaise, advise, and consult with statutory reporting department on tax reporting and audits
- Lead quarterly review of statutory tax provisions and financial reports
- Maintain internal controls over statutory provision process
- Implement new or revised statutory accounting guidance or tax legislation
- Assist external auditors with company specific inquiries related to statutory tax accounting
GAAP Tax Provision Management
- Quarterly review of uncertain tax positions and implement changes for new or resolved positions
- Quarterly review of tax effect of share-based compensation reports and application of deduction limitations on compensation
- Annually review support and prepare documentation for valuation allowances and uncertain tax positions
- Annually review current/deferred breakout of tax balance sheet accounts for life insurance subsidiaries
- Annually update state tax effective tax rate with return to provision adjustments
- Annually review stand-alone provision and financial reports for mortgage product entity
- Consult with accounting department on new or updated tax sensitive accounts
- Implement tax accounting for updated GAAP guidance and prepare tax documentation for external audits
Tax Research
- Research tax legislative and regulatory developments
- Present recommendations and advise on tax implications
- Seek and implement tax planning opportunities
- Attend industry conferences and share experience and knowledge with team members
Federal and State Tax Controversy
- Supervise communications with Federal and State auditors over tax controversies within established exposure limits
- Coordinate delivery of document requests during audits
- Negotiate resolution of controversies up to established levels of authority
- Report status of audits to superiors and escalate issues appropriately
Tax Compliance and Other Department Matters
- Lead quarterly review of estimated payments and communication with Treasury department
- Review state income tax returns and review U.S. international compliance forms, including various other Form 1120 assistance
- Lead and manage reinsurance excise tax compliance
- Support accounting department with account review and investment reporting, including investment tax credits
- Assist in hiring, training, and development of tax department team members and assist SVP with department matters as needed
FLSA status: This position is exempt (not eligible for overtime pay): Yes
Our Benefits:
- Day one health, dental, and vision insurance
- 401(k) Plan with competitive employer match
- Vacation, sick, holiday and volunteer time off
- Life and disability insurance
- Flexible Spending Account & Health Savings Account
- Professional development
- Tuition reimbursement
- Company-sponsored social and philanthropy events
It has been and will continue to be the policy of Primerica, Inc., and its subsidiaries to be an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, sex, color, religious creed, religion, national origin, citizenship status, age, disability, pregnancy, ancestry, military service or veteran status, genetic or carrier status, marital status, sexual orientation, or any classification protected by applicable federal, state or local laws.
At Primerica, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
