AVP & Counsel (Life Insurance Product Tax)

Manulife; Boston (MA); On-site; USD 152,900 - 283,800; Full time

Job summary

Manulife AVP & Counsel role provides robust legal analysis, advice and counsel before tax authorities to support different areas of the business. The AVP and Counsel will consistently advise senior business people on strategic legal matters and mentor junior counsels.

Boston, MA preferred with a hybrid work arrangement; remote within the United States considered. Requires JD, US bar, 5+ years in tax law focusing on life insurance products, and strong drafting and communication skills.

Qualifications

• JD from an accredited law school.
• Member in good standing of at least one U.S. state bar.
• Minimum 5 years of legal experience in tax law, ideally with life insurance products.
• Strong knowledge of U.S. federal income tax laws.
• Familiarity with IRS guidance and insurance taxation practices.

Responsibilities

• Advise on tax compliance and structuring of insurance products.
• Interpret and apply federal and state income tax laws for insurance products.
• Draft and review policy forms, prospectuses, endorsements, and marketing materials for tax content.
• Support product filings with regulators.
• Monitor regulatory developments impacting insurance and retirement products.
• Assist with IRS audits, inquiries or requests related to insurance products.
• Advise on tax reporting and withholding requirements.
• Review Form W-8BEN/W-8BEN-E/W-8IMY submitted by foreign individuals/entities.
• Respond to customer and insurance department tax-related inquiries.

Skills

Legal research

Drafting

Communication

Collaboration

Education

Juris Doctor (JD)

Bar admission (US)

Job description

The Opportunity

The AVP & Counsel role provides robust legal analysis, advice and counsel/representation before the tax authorities to support different areas of the business within Manulife. In addition, the AVP and Counsel will consistently advice senior business people on strategic legal matters and mentor junior counsels.

Position Responsibilities

• Advise on tax compliance and structuring of new and existing life insurance, annuity and long-term care products (e.g., Sections 72, 101, 817, 817A,7702, 7702A, and 7702B of the Internal Revenue Code).
• Interpret and apply federal and state income tax laws, including requirements for tax qualification of insurance products.
• Draft and review policy forms, prospectuses, endorsements, and marketing materials for tax-related content and disclosures.
• Support product filings with insurance regulators.
• Monitor legislative, regulatory, and judicial developments impacting insurance and retirement products, and advise business units on potential impacts.
• Assist with IRS audits, inquiries, or private letter ruling requests relating to insurance products.
• Support to all business units on compliance with federal and state tax withholding and reporting requirements.
• Assist business units in responding to customer and insurance department complaints.
• Advise on tax reporting and withholding requirements, including applicable income tax treaty provisions.
• Review the completeness and accuracy of Forms W-8BEN, W-8BEN-E and W-8IMY submitted by foreign individuals and entities.

Required Qualifications

• Juris Doctor (JD) from an accredited law school.
• Member in good standing of at least one U.S. state bar.
• Minimum 5 years of legal experience in tax law, ideally with a focus on life insurance products.
• Strong knowledge of U.S. federal income tax laws.
• Familiarity with IRS guidance, court decisions, and insurance company practices concerning taxation of insurance products.
• Experience working in a law firm or insurance company.
• Strong research, drafting, and communication skills.
• Ability to collaborate across disciplines and manage multiple projects under tight deadlines.

Preferred Qualifications

• Strong knowledge of U.S. federal income tax laws applicable to life insurance, annuities, and long-term care insurance.
• Familiarity with IRS guidance, court decisions, and insurance company practices concerning taxation of insurance products

Location

Boston, MA is the preferred location with a hybrid work arrangement; however, we are open to considering qualified candidates for a full-time remote position anywhere within the United States.

When you join our team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

The role being advertised is an existing vacancy.

Acerca de Manulife y John Hancock

Manulife Financial Corporation es un importante proveedor internacional de servicios financieros que ayuda a las personas a tomar decisiones de una manera más fácil y a vivir mejor. Para obtener más información acerca de nosotros, visite http://www.manulife.com .

Manulife es un empleador que ofrece igualdad de oportunidades

En Manulife/John Hancock, valoramos nuestra diversidad. Nos esforzamos por atraer, formar y retener una fuerza laboral tan diversa como los clientes a los que prestamos servicios, y para fomentar un entorno laboral inclusivo en el que se aprovechen las fortalezas de las culturas y las personas. Estamos comprometidos con la equidad en las contrataciones, la retención de talento, el ascenso y la remuneración, y administramos todas nuestras prácticas y programas sin discriminación por motivos de raza, ascendencia, lugar de origen, color, origen étnico, ciudadanía, religión o creencias religiosas, credo, sexo (incluyendo el embarazo y las afecciones relacionadas con este), orientación sexual, características genéticas, condición de veterano, identidad de género, expresión de género, edad, estado civil, estatus familiar, discapacidad, o cualquier otro aspecto protegido por la ley vigente.

Nuestra prioridad es eliminar las barreras para garantizar la igualdad de acceso al empleo. Un representante de Recursos Humanos trabajará con los solicitantes que requieran una adaptación razonable durante el proceso de solicitud. Toda la información que se haya compartido durante el proceso de solicitud de adaptación se almacenará y utilizará de manera congruente con las leyes y las políticas de Manulife/John Hancock correspondientes. Para solicitar una adaptación razonable en el proceso de solicitud, envíenos un mensaje a [e-mail] .

Ubicación principal

Estados Unidos-Remoto a tiempo completo

Modalidades de Trabajo

Remoto

Se prevé que el rango salarial esté entre

$152,900.00 USD - $283,800.00 USD

Los empleados también tienen la oportunidad de participar en programas de incentivos y recibir una compensación vinculada al rendimiento empresarial e individual. El salario real variará según las condiciones del mercado local, la geografía y factores relacionados con el puesto como conocimientos, habilidades, requerimientos, experiencia y educación/formación. Si solicitas este puesto fuera de tu ubicación principal, por favor escríbenos a [e-mail] para conocer el rango salarial correspondiente a tu ubicación.

Manulife/John Hancock ofrece a los empleados aptos una amplia variedad de beneficios personalizables, entre ellos, beneficios de salud, odontológicos, de salud mental, oftalmológicos, por discapacidad a corto y a largo plazo, cobertura de seguro de vida y por muerte accidental y desmembramiento, adopción/subrogación y bienestar, y planes de asistencia al empleado/familiar. También ofrecemos a los empleados admisibles varios planes de ahorro para la jubilación (incluidos planes de ahorro 401(k) o de pensiones y un plan mundial de propiedad de acciones con contribuciones equivalentes del empleador) y recursos de asesoramiento y educación financiera. Nuestro generoso programa de días libres pagos en EE. UU. contempla hasta 11 días festivos, 3 días personales, 150 horas de vacaciones y 40 horas de licencia por enfermedad (o más cuando lo exija la ley) por año, y ofrecemos todos los tipos de licencias contempladas por la ley.

We use data and analytics technologies, such as artificial intelligence (AI), and automated processing tools, to analyze and process the information you provide to us or third parties in the application process. For more information, please refer to our personal information collection statement (https://careers.manulife.com/global/en/talentacquisitionprivacystatement) .

Conozca sus derechos (https://www.dol.gov/agencies/ofccp/posters)

Permiso Familiar y Médico

Ley de Protección del Empleado contra el Examen Poligráfico (https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf)

Derecho al Trabajo

Verificación Electrónica (E- Verify)

Transparencia Salarial (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Company: John Hancock Life Insurance Company (U.S.A.)