Senior Accountant, General Accounting - Reinsurance Accounting (Hybrid Birmingham, Alabama)

Posted 6 Days Ago
Be an Early Applicant
Birmingham, AL
Hybrid
62K-80K Annually
Mid level
Insurance
The Role
The Senior Accountant will oversee reinsurance accounting, manage journal entries, deliver reports, reconcile accounts, and support audits, ensuring data integrity and improving processes.
Summary Generated by Built In

This position will assist in the oversight of the accounting/reporting process for multiple reinsurers. More specifically, this position is responsible for completing various monthly and quarterly accounting responsibilities including general ledger and insurance subledger journal entries, reporting packages/deliverables, reconciliations for reinsurance accounts, and other various assigned duties related to reinsurance accounting work. This position will help ensure data integrity by analyzing work and providing support. As part of the Reinsurance Accounting department, part of their analysis will involve treaties with our reinsurance partners. The position will also be involved in setting up new processes for acquisitions and new treaties. 

Duties/Responsibilities:

  • Responsible for booking monthly and quarterly activity, ensuring calculations and entries are accurate for multiple agreements.
  • Responsible for completing monthly and quarterly deliverables, including settlement statements, cession entry checks, and various other reports and deliverables.
  • Responsible for analyzing results and providing additional support and explanation when needed.
  • Responsible for preparation of key account reconciliations.
  • Responsible for researching key variance and/or anomalies and reaching out to the appropriate departments to explain or correct.
  • Assist with support for internal and external auditors for quarterly and annual reviews.
  • Serve as one of the points of contact for both internal and external parties to assist with support for inquiries.
  • Assist with various statutory statements and exhibits as assigned.
  • Cross-training within the team
  • Assist with process improvement and automating manual processes.
  • Other accounting and financial job duties as assigned.

Qualifications:

  • Bachelor’s degree in accounting required
  • Minimum of 3-5 years of experience in accounting
  • Strong analytical, critical thinking and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Proficiency in accounting software and Microsoft Office Suite.
  • Detail-oriented with a high level of accuracy.
  • Ability to manage multiple priorities and meet deadlines.
  • Ability to work independently with minimal supervision and part of a team as required. 

Preferred Qualifications

  • CPA or equivalent certification preferred
  • Insurance Industry experience
  • Experience with SAP

Protective’s targeted salary range for this position is $62,000 to $80,000. 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.


The internal title for this position is Analyst II, General Accounting


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Top Skills

Accounting Software
Microsoft Office Suite
SAP
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The Company
Birmingham, AL
2,912 Employees
On-site Workplace

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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