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Financial Reporting Analyst II (Hybrid)

Protective
Birmingham, United Statesfull_timeVerifiedPosted 28 Jan 2025
💰 $90,000/yr($62,000/yr$90,000/yr)

About the role

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 searching for a Financial Analyst II to join the Financial Reporting team in our Birmingham, AL corporate headquarters.
Basic Purpose and Objective of the Position
This position is responsible for preparing accounting and financial analysis for assigned transactions and lines of business related to annuity products in the Company’s Retirement, Protection, and, Acquisitions segments.  Further, this position will provide segment level reporting and analysis for the Retirement segment as a whole and for certain legal entities and subsidiaries.

Responsibilities

  • Perform analysis of annuity product performance through review of trend variances, including communication with accounting, FP&A, and actuarial teams to understand results.
  • Prepare management reporting packages and reporting disclosures for the Retirement segment.
  • Participate in communicating conclusions to management related to earnings results and research questions that may emerge from review. 
  • Serve as primary contact for analyzing and assessing accounting for certain annuity product transactions. In this capacity, position is expected to own the accounting, analysis and controls related to these assigned responsibilities.
  • Prepare accounting and financial analysis for assigned transactions related to certain legal entities, including one of the Company’s reinsurance subsidiaries.
  • Analyze the performance of certain reinsurance transactions, including communication with reinsurance accounting.
  • Contribute to the development of updated analysis and reporting deliverables following the adoption of new accounting guidance.
  • Assist with process improvements and the reduction of manual processes.
  • Perform certain balance sheet reconciliations on accounts relevant to assigned transactions.

Qualifications/Education

  • Requires a Bachelor’s degree with a concentration in accounting
  • A minimum of two years of work experience in accounting or finance 
  • Thorough knowledge of Microsoft Office suite including Excel and Word
  • Insurance accounting experience a significant plus
  • Experience with SAP S/4HANA ERP a plus
  • CPA designation preferred
  • Strong analytical, critical thinking and problem-solving skills are required including ability to analyze impacts of business processes and systems on assigned duties and identify improvements
  • Ability to meet critical deadlines and handle several projects simultaneously
  • Ability to perform accounting functions and analyze results including identifying issues related to assigned items and lines of business
  • Ability to work both independently with minimal supervision and as part of a team as required
  • Communicates clearly and concisely, both orally and in writing, including the ability to extract appropriate data to convey financial results. Must be able to effectively communicate on financial matters with non-financial personnel.
  • Organized and detail oriented
  • #IND123
Protective’s targeted salary range for this position is $62,000 to $90,000. 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).
Employee Benefits:  We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through 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.
Diversity and Inclusion: At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribut

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Company

Protective

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