Tax Counsel- U.S. Federal Tax Advisory

Posted:
9/5/2024, 11:26:42 AM

Location(s):
New York, United States ⋅ New York, New York, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Legal & Compliance

Tax Counsel- U.S. Federal Tax Advisory

Join us as a Tax Counsel- U.S. Federal Tax Advisory to make a bigger business impact with your paralegal skills and wider talents.

How you will create an impact

This role is a member of the Tax Advisory team and serves as a Tax Advisor reporting to Senior Tax Counsel.  This role provides technical tax advice and supervision of all U.S. Federal tax aspects of transactions, initiatives, and business transactions.  This role supports the business, corporate and regulatory legal counsel, Investments and Treasury and other areas within Tax.

  • Providing technical US federal income tax and legal advice to AIG, on a consolidated and separate company statutory basis, including identifying, developing, and implementing potential tax planning opportunities to optimize AIG’s overall tax posture, capital position, impact on liquidity and enhance value.  
  • Advising AIG functional areas, such as Treasury, Capital Management, Risk Management, and other departments on matters pertaining to AIG’s financial resources, including the US federal income tax impact of corporate transactions, including insurance related transactions. 
  • Providing US federal income tax advice on matters pertaining to investments relating to AIG, including advising on tax efficient structures. 
  • Advising on the US domestic and international tax consequences of M&A transactions and internal restructurings, including providing legal advice and analysis to assess the most tax efficient means of achieving target struc
  • Maintaining knowledge and understanding of existing and proposed US federal tax rules, legislation, rulings, regulations, and litigation as well as certain relevant foreign tax law.
  • Monitoring and advising on proposed and actual changes in tax law that may impact or affect AIG tax positions/posture. 
  • Advising the tax reporting teams on financial reporting and related disclosures and calculations and on complex tax technical matters.  
  • Supporting legal assumptions and underlying quantitative analyses prepared by tax accounting and business teams.
  • Developing and maintaining relationships with key stakeholders within the businesses and other areas within Tax and Finance as well as outside advisors.  
  • Drafting memos, presentation materials and formal written advice.  
  • Drafting, reviewing and negotiating legal documents.  
  • End-to-end management of certain discrete tax reporting or compliance
  • Providing US federal tax technical advice to the Global Tax Modeling team.
  • Providing support to AIG’s Tax Controversy Group on on-going US federal income tax controversy matters.
  • Working with non-US tax teams on non-US tax matters as necessary.

What you’ll need to succeed   

  • A minimum of 2 years (3+ years preferred) as a tax associate at a nationally recognized law firm or in a corporate tax-planning function at a Big Four accounting firm or publicly traded company with experience with US multinational insurance companies or other financial institutions.
  • J.D. or L.L.M. degree from an accredited U.S. law school.
  • License to practice law in the U.S.
  • An in depth understanding of US corporate tax rules, Subchapter C, and rules specific to the taxation of insurance companies.
  • Strong organizational, planning, and analytical skills with an ability to multi-task and operate in a fast-paced environment.
  • Team player that possesses attention to detail, honesty/integrity, and efficiency.
  • Excellent oral, written, negotiation and persuasion skills.
  • Proficient in the use of MS Office:  Excel, Word, and PowerPoint.

Veterans are encouraged to apply.

The base salary range is $168,000.00 - $210,000.00, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here: AIG Benefits Overview.

Ready to take your career to the next level? We would love to hear from you.

#LI-CM1

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.  If you believe you need a reasonable accommodation, please send an email to [email protected].  

Functional Area:

FA - Finance

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

AIG Employee Services, Inc.

American International Group

Website: https://aig.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1919

IPO Status: Public

Industries: Commercial Insurance ⋅ Financial Services ⋅ Health Insurance ⋅ Insurance ⋅ Lending ⋅ Life Insurance ⋅ Property Insurance ⋅ Real Estate Investment ⋅ Retirement ⋅ Risk Management