---
title: 'Reinsurance Accountant II at Protective'
canonical: 'https://feeny.ai/job/reinsurance-accountant-ii-protective-birmingham-c7mn5qe5a2ft'
type: 'job'
last_seen: '2026-09-09'
---

# Reinsurance Accountant II at Protective

- **Company:** Protective
- **Location:** Birmingham, AL
- **Compensation:** $70k–$85k
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-08-04
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.lever.co/protective/64780886-e653-4825-9e85-79b3769a47ac

## 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.

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 skills.
- Ability to work independently and as part of a collaborative team.

## Preferred Qualifications

- Experience within the life insurance, annuity, reinsurance, or broader financial services industry.
- Familiarity with coinsurance and reinsurance treaty structures.
- Experience working with SAP, including general ledger and reporting functionality.
- Experience using Power Query, Power Automate, Power BI, and/or Microsoft Copilot.
- Knowledge of GAAP and Statutory accounting principles.
- Experience supporting Schedule S reporting and regulatory filings.
- Familiarity with reinsurance administration systems such as TAI or similar platforms.
- CPA designation or progress toward CPA certification.

The internal title for this role is Analyst II General Accounting. #LI-AP1

Employee Benefits: We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health.  Some of the financial wellbeing benefits include 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.

Accommodations for Applicants with a Disability: If you require an accommodation to complete the application and recruitment process due to a disability, please email eric.hess@protective.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing an inclusive workforce.

## About Protective

## Company Overview
- **One-liner**: Protective is a financial services company providing life insurance, retirement solutions, employee benefits, and asset protection products to individuals and businesses.
- **Entity Type**: Private (Subsidiary of Dai-ichi Life Holdings, Inc., TSE:8750)
- **Headquarters**: Birmingham, Alabama, United States
- **Founded**: 1907
- **Founders**: Not publicly available

## Core Business
- **Primary industry/industries**: Insurance (Life, Annuity, Asset Protection, Employee Benefits)
- **Target customers**: B2C (individuals) and B2B (employers, partners)
- **Mission or purpose statement**: "To help everyone deserve confidence through life's moments — big, small and everything in between." [protective.com](https://www.protective.com/about-us)

## Products & Services
- **[Life Insurance]**: Offers term life, whole life, and universal life policies for individuals and families.
- **[Retirement Solutions]**: Fixed and variable annuities, retirement income planning products.
- **[Asset Protection]**: Commercial mortgage investments, structured settlements, and stable value products via Protective Asset Division.
- **[Employee Benefits]**: Group life, disability, and other workplace benefit programs for employers.
- **[Acquisitions & Stable Value]**: Manages and acquires in-force blocks of life insurance and annuity policies.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (subsidiary of Dai-ichi Life Holdings, TSE:8750)
- **Key Metric**: $6.4B annual revenue (PLICO financials) [wellfound.com](https://linkedin.com/company/protective-life)
- **Total Assets**: $142 billion as of December 31, 2025 [protective.com](https://investor.protective.com/Company-Overview/default.aspx)
- **Net Income**: $389 million USD (2024) [linkedin.com](https://linkedin.com/company/protective-life)
- **Notable Investors/Partners**: Parent company Dai-ichi Life Holdings (Japan), one of the largest life insurers globally.
- **Growth Signals**: 
  - Over 14.4 million customers served.
  - 61 acquisitions in company history. [protective.com](https://investor.protective.com/Company-Overview/default.aspx)
  - ~32 million policies and contracts in force.
  - $1 trillion life insurance in force.
  - 3,800+ employees as of Jan 1, 2026 (up from 3,800 reported in 2023).
  - Fastest growing core site in the greater Cincinnati area. [protective.com](https://www.protective.com/about-us/careers)

## Competitive Advantages
- **115+ Years of Stability**: Founded in 1907, the company has a long track record of financial strength and reliability.
- **Parent Backing**: As part of Dai-ichi Life Group, a global top-tier insurer, Protective has access to significant capital and a long-term strategic focus.
- **Diversified Portfolio**: Multiple business segments (Protection, Retirement, Asset Protection, Acquisitions) create revenue stability and cross-selling opportunities.
- **Strong Financial Ratings**: A focus on conservative risk management and a large asset base ($142B) provides market confidence.
- **Scale and Distribution**: A massive in-force block ($1T life insurance) and a large, established customer base.

## Strategic Focus
- **Organic & Inorganic Growth**: Continues to acquire blocks of policies and companies (61 in history) while expanding its core product lines.
- **Virtual Workforce Expansion**: More than half of employees are now remote, signaling a commitment to a flexible, distributed workforce. [protective.com](https://www.protective.com/about-us/careers)
- **Digital Transformation**: Investments in technology and data to improve customer experience and operational efficiency.
- **Talent Development**: Strong focus on internal mobility, continuous learning, and career enrichment programs.

## Why Work Here
- **Culture**: Emphasizes a "protector" mindset, focusing on service to customers, colleagues, and communities. Recognized for workplace engagement and inclusivity. [protective.com](https://www.protective.com/about-us/careers)
- **Hybrid/Remote Work**: Over 50% of the workforce is remote/virtual. Three core sites in Birmingham (HQ), Greater Cincinnati, and St. Louis offer hybrid options. [protective.com](https://www.protective.com/about-us/careers)
- **Benefits**: Comprehensive package including medical/dental/vision with HSA/FSA, a pension plan funded by the company, 401(k) with employer match, paid time off, paid parental leave, short- and long-term disability, adoption assistance, and life insurance. [protective.com](https://www.protective.com/about-us/careers)
- **Career Development**: Company-sponsored education courses, tuition reimbursement, scholarship opportunities for dependents, and a semi-annual "Pulse Survey" to shape culture and learning opportunities. [protective.com](https://www.protective.com/about-us/careers)
- **Notable Perk**: Pension plan remains a differentiator in the current job market.

## Sources
1. [protective.com - Company Overview](https://www.protective.com/about-us)
2. [protective.com - Careers Page](https://www.protective.com/about-us/careers)
3. [investor.protective.com - Company Overview](https://investor.protective.com/Company-Overview/default.aspx)
4. [linkedin.com - Protective Life](https://linkedin.com/company/protective-life)
5. [jobs.lever.co/protective - Job Listings](https://jobs.lever.co/protective)

## Other roles at Protective

- [2027 Actuarial Summer Internship Program](https://feeny.ai/job/2027-actuarial-summer-internship-program-protective-birmingham-6yfqs6xv0apg) — Birmingham, AL
- [2027 Business Analytics Summer Internship](https://feeny.ai/job/2027-business-analytics-summer-internship-protective-birmingham-qyr213smb8pz) — Birmingham, AL
- [Commercial Real Estate Legal Assistant (Hybrid Birmingham, Alabama)](https://feeny.ai/job/commercial-real-estate-legal-assistant-hybrid-birmingham-alabama-protective-p4qgzbw9a5dy) — Birmingham, AL
- [Installation Technician- StarGard](https://feeny.ai/job/installation-technician-stargard-protective-los-angeles-brgqd300jmkv) — Los Angeles, CA
- [Regional Finance & Insurance Performance Manager](https://feeny.ai/job/regional-finance-insurance-performance-manager-protective-california-z7skhck3jka0) — California
- [Customer Service Specialist](https://feeny.ai/job/customer-service-specialist-protective-chesterfield-1jrhtr6y1a6k) — Chesterfield, MO
- [Customer Service Specialist- Bilingual](https://feeny.ai/job/customer-service-specialist-bilingual-protective-remote-hqk4bq4v4r1d)
- [Senior Associate- Product & Channel Marketing (Remote)](https://feeny.ai/job/senior-associate-product-channel-marketing-remote-protective-remote-xnh717pay7fm)
- [Senior Sales Consultant – Inside Sales](https://feeny.ai/job/senior-sales-consultant-inside-sales-protective-remote-zpt9wapz8qby)
- [Customer Experience Advocate](https://feeny.ai/job/customer-experience-advocate-protective-nebraska-1zf6rtw0mf9b) — Nebraska