Senior Investment Accounting & Operations Analyst at Protective Life

Birmingham, Alabama, United States

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Financial ServicesIndustries

Requirements

Bachelor’s degree in Accounting or Finance required
Master’s degree (Accountancy or MBA) and/or Certified Public Accountant (CPA) designation preferred
Minimum of 4 years of relevant experience in accounting or finance, ideally in public accounting or insurance
Advanced proficiency in Microsoft Excel
Strong analytical and problem-solving skills
Excellent communication skills for cross-functional collaboration
Ability to manage multiple priorities and meet strict deadlines
Experience with general ledger systems; SAP and investment accounting experience preferred
Self-motivated and dependable, with leadership qualities and decision-making capabilities
Project management experience is a plus

Responsibilities

Serve as the primary accounting contact for internal stakeholders and external service providers supporting the Executive Benefits business
Manage daily funding activities and post general ledger entries for investment transactions and expenses
Reconcile trading activity and funding across internal systems and external investment service providers
Review and resolve discrepancies in daily holdings, unit reconciliations, and custody reports
Prepare quarterly financial close entries and reporting packages
Lead and support process improvement initiatives and new business launches
Coordinate with investment managers and internal teams on portfolio setups and corporate actions
Maintain and enhance internal procedures related to investment accounting operations

Skills

Key technologies and capabilities for this role

Microsoft ExcelAnalytical SkillsProblem-SolvingGeneral LedgerSAPInvestment AccountingReconciliationFinancial ReportingProcess Improvement

Questions & Answers

Common questions about this position

What is the salary range for the Senior Investment Accounting & Operations Analyst position?

Protective’s targeted salary range for this position is $75,000 to $100,000, with actual salaries varying based on factors like job location, skills, and experience. Additional incentive opportunities are offered through an annual incentive based on individual and Company performance.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and qualifications are required for this role?

Required qualifications include a Bachelor’s degree in Accounting or Finance, minimum of 4 years of relevant experience in accounting or finance, advanced proficiency in Microsoft Excel, strong analytical and problem-solving skills, and excellent communication skills. Preferred qualifications are a Master’s degree, CPA designation, SAP and investment accounting experience, and project management experience.

What is the company culture like at Protective Life?

The company emphasizes collaborative work, a passion for process improvement, financial accuracy, and cross-functional collaboration, while helping protect customers against life’s uncertainties and providing peace of mind.

What makes a strong candidate for this Senior Investment Accounting & Operations Analyst role?

A strong candidate is detail-oriented, proactive, self-motivated with leadership qualities, has 4+ years of accounting or finance experience ideally in public accounting or insurance, advanced Excel proficiency, and experience managing multiple priorities under strict deadlines.

Protective Life

Provides financial planning and life insurance services

About Protective Life

Protective Life provides financial planning and life insurance services aimed at individuals and businesses. The company offers a variety of products, including life insurance policies and retirement planning guides, to help clients secure their financial future. Their services are designed to assist financial advisors, insurance agents, and individual clients in protecting assets and planning for retirement. Protective Life operates through both business-to-business (B2B) and business-to-consumer (B2C) models, partnering with financial professionals while also reaching out directly to clients via their online platform. What sets Protective Life apart from competitors is their focus on excellent customer service and the provision of educational resources, which empower clients and advisors to make informed decisions. The company's goal is to help clients achieve financial security through comprehensive solutions and support.

Birmingham, AlabamaHeadquarters

1842Year Founded

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Paid Vacation

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Employee Assistance Program

Risks

Increased competition from digital-first insurance startups could erode market share.

Interest rate fluctuations pose a risk to Protective's investment income.

Direct-to-consumer insurance models may impact Protective's B2B distribution strategy.

Differentiation

Protective.com emphasizes excellent customer service and educational resources for informed decision-making.

The company offers support and training for financial advisors and insurance agents.

Protective.com operates on both B2B and B2C models, reaching diverse client bases.

Upsides

Increased demand for digital insurance solutions drives innovation in the life insurance sector.

The rise of fee-based advisory services reshapes the financial planning landscape.

Big data analytics allows better risk assessment and personalized insurance products.

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