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Analyst II, General Accounting - Reinsurance Accounting (Hybrid Birmingham, Alabama)
ProtectiveBirmingham, United Statesfull_timeVerifiedPosted 21 Feb 2025
💰 $85,000/yr($62,000/yr – $85,000/yr)
About the role
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.
This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.
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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
- 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
This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.
#LI-EH1
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