Staff Accountant-APD (Remote)

Company: Protective Life Insurance Company
Location: Birmingham
Posted on: March 18, 2023

Job Description:

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. Basic Purpose and Objective of the Position:The primary function of this position is Preparation and analysis of quarterly, semi-annual and annual financial statements of assigned reinsurance companies for the Asset Protection Division (APD).

Responsibilities

• Preparation and analysis of quarterly, semi-annual and annual financial statements of assigned reinsurance companies of significant complexity including ceding of various other writers, cash transactions, accruals, reconciliations and investments of significant complexity.
• Tax return preparation and analysis of assigned reinsurance companies including completion of additional tax schedules, IRS correspondence and all necessary tax elections, payments, and analysis. Including but not limited to 953d elections, 831b elections, tax extensions, Form 8886, Form BE-10 and all necessary tax analysis for beneficial tax elections.
• Preparation of all domicile related filings for licensing requirements.
• Work closely with the Distribution team to analyze company performance, provide company information, and answer company questions related to assigned companies in which we complete the books, taxes and records.
• Assist in gathering tax documentation and materials necessary for the completion of the tax returns and financial statements.
• Act as the point of contact between Protective Asset Protection, sales and shareholders.
• Other duties as assigned.Education/Qualifications
  • B.S. Accounting degree and/or Finance or equivalent
  • 4 years general accounting experience in an automated environment or any equivalent combination of training and experience which provides the necessary accounting skills knowledge and abilities.
  • 3-4 years of insurance/reinsurance accounting experience with general ledger and accounting functions of an insurance organization preferred.
  • Excellent computer software skills and especially knowledgeable with spreadsheets (Excel)
  • Must demonstrate a strong sense of teamwork and possess a strong working knowledge of computer systems.
  • Ability to Reconcile
  • Knowledge of general accounting principles
  • Strong skills in the following areas: analytical, problem solving, written and oral communication, organization, and time management.
  • Ability to work with minimal supervision.Protective's targeted salary range for this position is $50,000 to $60,000. 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 contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.
    We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace unique skills and abilities. Our aim is to create an equitable and accountable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.
    We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.

Keywords: Protective Life Insurance Company, Birmingham , Staff Accountant-APD (Remote), Accounting, Auditing , Birmingham, Alabama