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Reinsurance Accountant II

Job in Birmingham, Jefferson County, Alabama, 35275, USA
Listing for: Protective
Full Time position
Listed on 2026-08-13
Job specializations:
  • Accounting
    Financial Reporting, Senior Accountant, Accounting Manager
Salary/Wage Range or Industry Benchmark: 70000 - 85000 USD Yearly USD 70000.00 85000.00 YEAR
Job Description & How to Apply Below

The work we do has an impact on millions of lives, and you can be a part of it.

Wehelp protect our customers against life’s uncertainties.

Regardless ofwhere you work within the company, you’ll behelping provide protection and peace of mind when our customers need it most.

Protective is seeking a Reinsurance Accounting Analyst II to join our Reinsurance Accounting team. This role is responsible for supporting the accounting and reporting activities for multiple coinsurance and reinsurance partners while ensuring the accuracy and integrity of financial results. The position plays a key role in monthly, quarterly, and annual close processes through the preparation of journal entries, account reconciliations, settlement statements, and reporting packages.

The ideal candidate combines a strong accounting foundation with excellent analytical and communication skills. This individual will partner with internal business teams, external reinsurance partners, and auditors while contributing to process improvement and automation initiatives through tools such as SAP, Excel, Power Query, Power Automate, Power BI, and Microsoft Copilot. This is an excellent opportunity for an accounting professional seeking exposure to life insurance and reinsurance accounting in a collaborative and evolving environment.

This is a Hybrid role which reports to the office 3 times a week.

Key Responsibilities:
  • Prepare and record monthly and quarterly accounting activity for assigned coinsurance and reinsurance agreements.
  • Complete monthly, quarterly, and annual deliverables, including settlement statements, reporting packages, journal entries, and account reconciliations.
  • Analyze financial results and trends, investigate variances, and provide clear explanations and supporting documentation.
  • Partner with accounting, actuarial, valuation, business systems, and reinsurance administration teams to resolve issues and improve reporting accuracy.
  • Support the implementation of accounting processes for new acquisitions and reinsurance treaties.
  • Serve as a primary contact for internal stakeholders, external reinsurance partners, and auditors.
  • Support quarterly and annual audit activities by providing requested documentation and responding to inquiries.
  • Assist with statutory reporting requirements, including Schedule S and related exhibits as assigned.
  • Identify opportunities to improve efficiency and automate recurring processes using Excel, Power Query, Power Automate, SAP, and Microsoft Copilot.
  • Maintain process documentation and job aids to support operational excellence and knowledge sharing.
  • Cross-train with team members to enhance business continuity and support critical deliverables.
  • Perform additional accounting and financial analysis responsibilities as needed
Core Competencies (Skills, Knowledge and Abilities):
  • Strong understanding of general accounting principles and financial reporting concepts.
  • Ability to analyze large data sets, identify trends, and investigate complex variances.
  • Advanced proficiency in Microsoft Excel, including data analysis and reporting.
  • Demonstrated interest in process automation, continuous improvement, and technology-driven solutions.
  • Strong organizational and time management skills with the ability to manage multiple deadlines.
  • Ability to work independently while collaborating effectively across teams.
  • Excellent verbal and written communication skills with the confidence to interact with external business partners.
  • High attention to detail and commitment to accuracy.
  • Strong critical thinking and problem-solving capabilities.
  • Adaptability and willingness to learn complex insurance and reinsurance accounting concepts
Minimum Requirements
  • Bachelor's degree in Accounting.
  • Minimum of 3 years of accounting experience in public accounting, corporate accounting, insurance accounting, or a related field.
  • Experience preparing journal entries, account reconciliations, and financial reporting deliverables.
  • Strong analytical and problem-solving skills.
  • Proficiency in Microsoft Excel and Microsoft 365 applications.
  • Demonstrated ability to manage multiple priorities and meet established deadlines.
  • Strong interpersonal and communication…
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