Senior Manager, Tax, Asia

Allianz SE; Singapore; On-site; SGD 180,000 - 320,000; Full time

Job summary

Allianz SE in Singapore seeks a senior tax expert to lead tax advisory, reporting, and risk management for its insurance operations. The role entails cross-functional collaboration with Finance, Actuarial, and Investment teams, plus interaction with Group Tax and external advisors.

You will drive tax strategy, compliance oversight, and governance while navigating evolving regulatory requirements and implementing automation to enhance efficiency.

Qualifications

• Minimum 12 years of experience in tax, including 4 years in a senior role.
• Qualified tax adviser (e.g., SCTP, ADIT, CTA or equivalent).
• Significant experience in insurance or financial services with cross-border tax exposure.
• Experience managing tax audits, disputes and interactions with tax authorities.

Responsibilities

• Provide tax advisory and strategy for Allianz Singapore’s insurance business.
• Oversee tax reporting, compliance, and documentation across entities.
• Lead tax risk management and internal controls in line with Group policies.
• Collaborate with Finance, Actuarial, and Investment teams; engage Group Tax and external advisors.
• Develop AI/process automation to improve tax workflows and data analytics.

Skills

Tax advisory

Cross-border tax

Tax audits

Tax technology

Education

CTA/ADIT/SCTP

Tools

Tax software

Job description

Job Purpose

This role serves as the senior tax subject matter expert for the insurance business of Allianz in Singapore, acting as the primary point of contact for all tax-related matters. The scope of the role extends across (i) tax advisory and tax strategy, (ii) tax reporting and compliance oversight and (iii) tax risk management and tax controls/ process improvements. The role requires extensive cross-functional collaboration with Finance (onshore and offshore), Actuarial, and Investment teams, as well as regular engagement with Group Tax, regional stakeholders, and external advisors. As part of the Allianz Asia Pacific (AZAP) Tax Team, you will operate within a unified tax function that oversees tax-related matters across all Allianz Operating Entities (OEs) in Singapore and the broader Asia Pacific region.

Future Challenges

You must be equipped to navigate the evolving tax landscape in Singapore and its impact on insurance business. These include the evolving transfer pricing requirements and related tax controversy as well as the future implementation of e-invoicing. You must proactively manage tax risks across a multi-entity environment while balancing commercial objectives and ensuring full compliance with both local and Group requirements.

What you do

Tax advisory and tax strategy

Develop and execute tax-efficient strategies for the Singapore insurance business, encompassing product taxation, investment tax, and special projects such as reinsurance, restructuring, transformation, distribution arrangements and e-invoicing implementation.

Advise on international tax matters, including the application of tax treaties, withholding tax obligations, transfer pricing requirements and Pillar 2 implications.

Review and negotiate tax-related clauses in contracts and collaborate with relevant stakeholders on the related implications.

Monitor and analyse domestic and international tax developments impacting the insurance sector, including amendments to the Singapore Income Tax Act, insurance-specific tax concessions, transfer pricing, GST regulatory changes and e-invoicing requirements.

Represent Allianz at relevant industry bodies and tax forums.

Advise senior management on day-to-day tax queries and strategic decision-making across all Singapore insurance operations.

Tax reporting and compliance oversight

Oversee all tax compliance obligations for the insurance business of Allianz in Singapore and relevant investment jurisdictions, encompassing Corporate Income Tax (CIT), GST, Withholding Tax (WHT), Pillar 2 and Transfer Pricing documentation.

Ensure the quality and accuracy of tax computations, returns, and statutory filings, overseeing their preparation and review.

Lead quarterly and annual tax reporting (Group and Local), including effective tax rate analysis, deferred tax calculations, and tax provision reviews.

Coordinate with external tax agents, auditors, and advisors to ensure the accurate and timely submission of all tax filings and compliance deliverables.

Tax risk management

Identify and assess uncertain tax positions, lead the review and management of tax audits and controversies, including engagement with tax authorities and regulators.

Drive tax risk management for the insurance business in Singapore, partnering with key non-tax stakeholders (including Head of Finance and CFO) and tax stakeholders to ensure risks are proactively identified, communicated, and managed.

Ensure robust internal controls over tax processes and governance, fostering a culture of continuous improvement across all tax operations.

Implement and maintain the tax governance framework in alignment with Group Taxation policies and local regulatory requirements.

Teaming and collaboration

Build and maintain strong relationships with OEs and Tax colleagues across the Asia Pacific region and Germany, fostering an effective and connected network.

Actively collaborate within the team, sharing knowledge, insights, and best practices to support a culture of continuous learning and professional growth.

Contribute to Group and Regional initiatives as part of the AZAP Tax Team mandate

AI/Process Automation Solutions

Develop actionable AI/Process automation solutions to enhance efficiency and delivery of the above tasks.

Identify opportunities to leverage technology and data analytics to streamline tax reporting, compliance workflows, and risk monitoring.

What you bring

Required Experience:

• Minimum 12 years experience in tax, including 4 years experience in a senior-level position.
• Qualified tax adviser (e.g., SCTP, ADIT, CTA, or equivalent)
• Significant experience in the insurance or financial services sector, with a strong preference for insurance experience.
• Experience working in or advising multinational organisations with cross-border tax considerations.
• Experience managing tax audits, disputes, and interactions with IRAS.
• Experience with tax technology tools and digital tax transformatio