Financial Reporting Accountant II - Separate Accounts

Posted Yesterday
Be an Early Applicant
Birmingham, AL, USA
Hybrid
64K-85K Annually
Junior
Insurance
Protective has helped people achieve protection and security in their lives for over 117 years.
The Role
Support monthly and quarterly close for separate account entities: prepare journal entries, reconciliations, and GAAP/STAT financial statements; assist audits; perform general ledger analyses; collaborate with actuarial, reinsurance, IT and audit teams; improve processes and respond to ad hoc reporting and special projects.
Summary Generated by Built In
The work we do has an impact on millions of lives, and you can be a part of it.
We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.

Join a collaborative and highly visible financial reporting team supporting Separate Accounts within a leading insurance environment. In this role, you will contribute to critical monthly and quarterly close processes, prepare financial statements, and support audits for multiple entities.
 
This is an excellent opportunity for an accounting professional to deepen technical expertise in GAAP/STAT reporting while partnering cross-functionally with actuarial, reinsurance, IT, and audit teams. The position offers strong exposure to complex insurance accounting and a dynamic, deadline-driven environment.
 
This is a Hybrid role which reports to the office 3 times a week.

Key Responsibilities:

  • Support the monthly and quarterly financial close process, including preparation of journal entries, account reconciliations, and reporting deliverables
  • Prepare and peer review financial statements in compliance with GAAP and STAT requirements for separate account entities
  • Assist with annual audits, including preparation of schedules and coordination with external auditors
  • Perform general ledger analyses and ensure accuracy and completeness of financial data
  • Collaborate with cross-functional partners including actuarial, reinsurance, IT systems, and internal audit teams
  • Contribute to preparation of internal financial reporting packages
  • Identify and implement opportunities to improve processes, efficiency, and reporting quality
  • Participate in special projects and respond to ad hoc reporting requests
  • Apply analytical and problem-solving skills to investigate and resolve discrepancies

Core Competencies (Skills, Knowledge and Abilities):

  • Strong understanding of accounting principles, including GAAP and statutory reporting
  • Advanced Microsoft Excel skills (e.g., pivot tables, lookups, formulas such as SUMIF)
  • Excellent analytical, critical thinking, and problem-solving abilities
  • High attention to detail with a strong focus on accuracy
  • Effective organizational and time management skills in a deadline-driven environment
  • Ability to manage multiple priorities and adapt to changing workloads
  • Strong verbal and written communication skills
  • Collaborative mindset with the ability to work effectively across teams
  • Demonstrated ownership, accountability, and initiative

Minimum Requirements

  • Advanced degree (Bachelor's or Master's) in Accounting
  • Minimum of 2 years of experience in accounting or financial reporting
  • Proficiency in Microsoft Office Suite, including Excel and Word
  • Experience working in corporate accounting, financial reporting, or public accounting environments

Preferred Qualifications

  • Experience with general ledger systems (SAP preferred)
  • Experience with month-end and quarter-end close processes
  • Audit or audit preparation experience
  • Exposure to insurance accounting or separate accounts environments
  • Master’s degree in Accounting or related field

The internal title for this role is Analyst II Financial Reporting. #LI-AP1

Employee Benefits:  
We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health.  Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.   

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.

Accommodations for Applicants with a Disability:
If you require an accommodation to complete the application and recruitment process due to a disability, please email [email protected]. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.

Skills Required

  • Strong understanding of accounting principles including GAAP and statutory reporting
  • Advanced Microsoft Excel skills (pivot tables, lookups, SUMIF)
  • Advanced degree (Bachelor's or Master's) in Accounting
  • Minimum of 2 years of experience in accounting or financial reporting
  • Proficiency in Microsoft Office Suite, including Excel and Word
  • Experience working in corporate accounting, financial reporting, or public accounting environments
  • Experience with general ledger systems (SAP preferred)
  • Experience with month-end and quarter-end close processes
  • Audit or audit preparation experience
  • Exposure to insurance accounting or separate accounts environments
  • Master's degree in Accounting or related field

Protective Life Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Protective Life and has not been reviewed or approved by Protective Life.

  • Retirement Support A pension plan alongside a 401(k) with employer match is repeatedly highlighted and considered a standout feature. Feedback suggests these offerings provide strong long‑term financial security.
  • Healthcare Strength Medical, dental, vision, and prescription coverage are complemented by HSA/FSA options with company contributions and wellness incentives. Feedback suggests the breadth of health benefits is comprehensive.
  • Leave & Time Off Breadth Paid time off and holidays are frequently cited as positives, with parental leave and adoption assistance available. Feedback suggests time‑off policies support work‑life balance.

Protective Life Insights

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The Company
HQ: Birmingham, AL
2,912 Employees
Year Founded: 1907

What We Do

Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. Protective traces its roots to its flagship company founded in 1907, Protective Life Insurance Company. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing — for its employees, distributors and, most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees work across the United States. As of June 30, 2020, Protective had assets of approximately $123 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings,

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