Participation Accounting Analyst

39 minutes ago
Full-time
Junior
Finance and Accounting
Protective Life

Protective Life

Protective Life Insurance Company offers financial security through insurance and investment products, serving people and protecting families for over a century.

Insurance
1K-5K
Founded 1907

Description

  • Administer and reconcile profit-sharing retrospective program accounts to ensure accuracy and completeness.
  • Calculate, validate, and process profit-sharing payouts in line with contractual agreements.
  • Analyze financial and operational data to monitor program performance and identify trends, variances, and discrepancies.
  • Prepare and maintain supporting documentation, schedules, and reports for internal and external stakeholders.
  • Assist with internal and external audit activities and ensure compliance with accounting policies and regulatory requirements.
  • Partner with cross-functional teams to research issues, resolve discrepancies, and improve reporting accuracy.
  • Identify and recommend process improvements that strengthen efficiency, controls, and data integrity.
  • Support special projects and other assigned duties.

Requirements

  • Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
  • 1-2 years of accounting, finance, financial analysis, or program analysis experience.
  • Strong proficiency in Microsoft Excel.
  • Experience interpreting financial data and performing account reconciliations.
  • Understanding of GAAP and financial reporting practices.
  • Demonstrated analytical and problem-solving skills.
  • Advanced Microsoft Excel skills with the ability to analyze and reconcile large datasets (core competency).
  • Experience working with ERP systems such as SAP, Oracle, or similar platforms.
  • Knowledge of profit-sharing, participation accounting, or retrospective financial programs.
  • 3+ years of accounting, finance, participation accounting, or insurance-related financial analysis experience (preferred).
  • Experience supporting profit-sharing, retrospective rating, participation accounting, or similar insurance programs (preferred).
  • CPA, CPA candidate, or advanced degree in Accounting, Finance, Business, or a related field (preferred).
  • Experience working successfully in a remote or virtual environment (preferred).

Benefits

  • Comprehensive health, dental, and vision insurance.
  • Mental health benefits and an employee assistance program.
  • Paid time off, including paid parental leave and a cultural observance day.
  • Short-term disability coverage.
  • Pension plan.
  • 401(k) plan with company matching.
  • Contributions to healthcare accounts.
  • ProHealth Rewards cash rewards program for wellbeing.

Interested in this position?

Apply directly on the company website

Apply Now

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