VP, Corporate Tax

About the role

Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Job Category Finance and Accounting Compensation Overview The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range $169,400.00 - $279,600.00 Target Openings 1 What Is the Opportunity? Under broad oversight, the VP, Corporate Tax is responsible for leading, adapting, and executing highly complex and strategic state and local tax functions for insurance companies. This includes oversight of insurance premium taxes, licenses, and regulatory fees, while ensuring compliance with evolving state and local tax requirements. The role requires deep expertise in insurance State taxation, strong leadership capabilities, and extensive experience managing premium tax matters across multiple states and municipalities. What Will You Do? Assist in organization-wide corporate state and local tax planning and preparation activities, including negotiation and litigation activities. Direct subordinates in a manner that minimizes the state and local tax liability and the impact of taxes on the financial statements while complying with tax law and financial accounting standards. Identifies changes in state and local tax law and tax accounting rules to determine impact on the company. Oversee the preparation, research, and review of state and local tax returns consistent with management philosophy and tax law requirements. Review models and provide guidance and support to identify, analyze and assess tax risks and opportunities. Identify state and local tax effects of prior and proposed business transactions for the purpose of developing the most favorable tax position. Consultation with auditors, lawyers, and regulatory agencies on tax matters. Aligns and leverages enterprise resources to accomplish key objectives; assigns clear accountability for important objectives. Understands the perspectives of different functional areas in the organization; has a firm grasp of external conditions affecting the organization. Uses effective strategies to facilitate organizational change initiatives and overcome resistance to change. Seizes new opportunities and consistently generates new ideas; introduces and creates needed change even in the face of opposition. Seeks out experiences that may change perspective or provide an opportunity to learn new things. Set work objectives and goals for employees and manages performance. Fosters a collaborative, ethical, and inclusive culture/work environment. Perform other duties as assigned. What Will Our Ideal Candidate Have? A Bachelor's degree in accounting or finance. Experience with relevant tax software. Knowledge of state and local taxation of insurance companies Accountability/Credibility: Demonstrated ability to build trust and credibility with a wide range of stakeholders. Able to act in accordance with stated values; follows through on promises; uses ethical considerations to guide decisions and actions. Able to take responsibility for decisions and actions while understanding the business and responds to all related issues, concerns and problems. Business Knowledge/Partnership: Able to understand and leverage internal resources to accomplish goals and objectives. Able to achieve actionable results through others, build and maintain strong and sustainable business relationships, and interact with all levels, both internal and external, to accomplish results. Able to provide strategic solutions tailored to meet business objectives. Able to utilize strong analytical and technical skills to effectively create recommendations, influence decision-making, assess impacts, compare solutions, problem solve, and achieve business and/or technical objectives. Master relationship management, collaboration, networking and negotiation skills. Communication: Master written and verbal communication skills across all management levels, both internally and externally. Master presentation skills and proven ability to communicate persuasively and influence decision-making. Able to express ideas clearly and concisely; disseminate information about decisions, plans and activities. Financial Awareness: Able to proactively assess potentia