Analyst - Financial Reporting (Hybrid)

Company: Protective Life Insurance Company
Location: Birmingham
Posted on: November 19, 2024

Job Description:

Protective is searching for an Analyst to join the Financial Reporting team that can work virtually or hybrid with our team based in our Birmingham, AL corporate headquarters.
Basic Purpose and Objective of the PositionThis position is responsible for preparing accounting transactions and financial reporting for lines of business related to life insurance and annuity products and other corporate reporting requirements.
Responsibilities

• Prepare monthly and quarterly journal entries related to universal life and annuity products.
• Prepare quarterly fund value rollforwards for various lines of universal life business.
• Assist with ongoing process improvements related to universal life product journal entries and related reporting deliverables.
• Prepare balance sheet reconciliations related to accounts relevant to assigned responsibilities.
• Assist with the preparation of files used for earnings analysis on a quarterly basis.
• Prepare annual annuity account balance rollforwards to support certain state premium tax reporting.
• Identify and resolve issues that may arise related to assigned transactions.
• Contribute to the execution of special projects and initiatives impacting the Company or relevant Divisions.
• Utilize knowledge of the UL journal entry process to assist in development of comparable processes during future acquisitions.
• Other responsibilities as assigned.Qualifications/Education
  • Associate's or Bachelor's degree in accounting or related field, or a minimum of five or more years of applicable experience, preferably in the insurance environment
  • Thorough experience working in Microsoft Excel
  • Insurance accounting experience a plus
  • Experience with SAP S/4HANA ERP a plus
  • Analytical, critical thinking and problem-solving skills including ability to analyze impacts of business processes and systems on assigned duties
  • Ability to identify, understand and make accurate evaluations and/or corrections for unusual fluctuations and/or errors
  • Takes initiative in identifying and creating process improvements
  • Ability to meet critical deadlines
  • Ability to work both independently with minimal supervision and as part of a team
  • Strong communication skills in order to work across teams
  • Organized and detail orientedProtective's targeted salary range for this position is $51,000 to $72,000. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective's total compensation package for employees.This position also offers additional incentive opportunities [through an annual incentive based on individual and Company performance] OR [through cash compensation as part of a sales incentive plan (SIP).

Keywords: Protective Life Insurance Company, Hoover , Analyst - Financial Reporting (Hybrid), Accounting, Auditing , Birmingham, Alabama