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Protective has helped people achieve protection and security in their lives for over 117 years.
The Role
Prepare and analyze GAAP and JGAAP financial reports, coordinate quarterly parent-company reporting, own segment close processes, investigate variances, prepare earnings analyses, maintain financial controls, support audits, and present results to stakeholders. The role also handles Stable Value contract accounting, journal entries, payout wires, process improvements, special projects, and collaboration across Finance, Tax, Investments, Legal, and Investor Relations.
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.
Protective is seeking a Financial Reporting Accountant II to join our Financial Reporting team in a hybrid capacity based at our Birmingham, AL headquarters. This role offers the opportunity to develop expertise in insurance financial reporting, GAAP accounting, parent-company reporting, and earnings analysis while partnering with stakeholders across Finance, Tax, Investments, Asset Liability Management, Legal, and Investor Relations.
The ideal candidate is a proactive accounting professional who enjoys solving complex problems, taking ownership of reporting processes, and delivering meaningful financial insights. This position provides visibility across the organization through regular interaction with senior leadership and the opportunity to present financial results to both internal and external stakeholders.
Key Responsibilities:
- Coordinate the quarterly parent-company reporting process on a JGAAP basis , including gathering, reviewing, and consolidating information from business segments and functional areas.
- Research, analyze, and respond to reporting and accounting inquiries from parent-company stakeholders.
- Own the monthly and quarterly close process for the Stable Value segment.
- Analyze financial results against historical trends, forecasts, and budgets, identifying and explaining key business drivers and variances.
- Prepare and present quarterly earnings analyses and reporting packages to internal stakeholders.
- Perform accounting activities related to new Stable Value contract issuances and support Investor Relations and Legal with issuance activity.
- Prepare journal entries related to Stable Value contract payments and initiate payout wire requests.
- Analyze, report, and present GAAP financial results for the Corporate & Other segment.
- Execute and maintain key financial controls and support internal and external audit activities.
- Identify opportunities to improve reporting processes, increase efficiency, and enhance controls.
- Support special projects, ad hoc analyses, and company-wide initiatives as needed.
Core Competencies (Skills, Knowledge and Abilities):
- Strong knowledge of GAAP accounting principles and financial reporting practices.
- Ability to think critically and independently when evaluating accounting and business issues.
- Strong analytical, problem-solving, and organizational skills.
- Excellent verbal and written communication skills.
- Ability to effectively present financial results and communicate insights to stakeholders.
- Ability to prioritize work and consistently meet deadlines in a quarterly close environment.
- Strong collaboration skills with the ability to build relationships across multiple business functions.
- Self-starter with a willingness to take initiative and learn new areas of the business.
- Continuous improvement mindset with a focus on process enhancement and operational efficiency.
- Advanced proficiency in Microsoft Excel.
Minimum Requirements
- Bachelor's degree in Accounting.
- 3 years of cumulative financial reporting, accounting, audit, or related experience.
- Strong analytical and problem-solving capabilities.
- Effective communication and presentation skills.
Preferred Qualifications
- CPA designation strongly preferred.
- Public accounting experience.
- Insurance industry experience.
- Knowledge of statutory accounting principles.
- Experience presenting financial results to leadership.
- Experience driving process improvements, automation initiatives, or reporting efficiencies.
- Familiarity with SAP or similar accounting platforms.
- Experience using Microsoft Copilot or other AI-enabled productivity tools
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
- Bachelor's degree in Accounting
- Three years of cumulative financial reporting, accounting, audit, or related experience
- Strong analytical and problem-solving capabilities
- Effective communication and presentation skills
- CPA designation
- Public accounting experience
- Insurance industry experience
- Knowledge of statutory accounting principles
- Experience presenting financial results to leadership
- Experience driving process improvements, automation initiatives, or reporting efficiencies
- Familiarity with SAP or similar accounting platforms
- Experience using Microsoft Copilot or other AI-enabled productivity tools
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.
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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.
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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.
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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.
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The Company
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,
