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Posted: Tuesday, February 6, 2018 9:12 AM



Compensation$41,000 to $75,000 Annually
Benefits Offered Vision, Dental, Medical
Employment TypeFull-Time

Protective Life is looking for a Staff Accountant to join our Reinsurance team. The primary purpose of this position is to provide support for reinsurance notifications, reinsurance claims billing, reporting, and maintaining support documentation. This position will be responsible for daily, monthly, quarterly & annual reporting on the outstanding reinsurance receivables, as well as ad hoc projects that may be assigned. This position will be assigned accounting projects to assist with specific goals and objectives, as well as to identify, recommend, and implement improvements to department effectiveness and efficiency.

• In this capacity, the incumbent must provide quality, hands-on, detail attention to the specific accounting needs of the Reinsurance Department.

• The position is expected to provide efficient reporting support using available tools including such things as the SAP general ledger, Microsoft Excel, Microsoft Word, Certification.

• This position will be responsible for communicating with our reinsurance partners and serving as a central point of contact for those companies.


• Billing of Reinsurance Claims

• Applying cash and offset receipts from Reinsurers in the applicable systems

• Communicating with Reinsurance partners through both email and phone

• Creating and updating various monthly financial reports, reporting variance to manager.

• Trend Analysis and comments concerning outstanding billed balances

• Coordination with Reinsurance Administration for billed items in question

• Analyses of and assistance with regular audits of operational results.

• Responsible for assigned related account reconciliations.

• Maintain proper documentation in order to comply with SOX controls and corporate retention standards.

• Other accounting and financial job duties as assigned.


The incumbent should have a working knowledge of basic GAAP accounting principles. The position is expected to be at a level beyond just reporting numbers and must be able to identify and understand fluctuations, unusual activity and/or errors. Incumbent needs to develop and maintain a strong working knowledge of the SAP general ledger system, TAI Reinsurance system, and the Death Claims system. The position will also require strong intermediate Excel skills for preparing reports and pivot tables.

• Bachelor’s Degree in business administration, accounting, finance, or related field of study is preferred for this position, or equivalent industry experience.

• Minimum of five or more years of related experience in the insurance or accounting/financial services industry.

• Experience in reinsurance or the life insurance industry is preferred, with prior experience in accounts receivable a plus.


This position requires strong analytical, critical thinking and problem solving skills. The incumbent must be pro-active and have excellent time management, planning and organizational skills. This position also requires the incumbent to work both independently as a self-starter with minimal supervision and as part of a team. Excellent written and oral communication skills are needed, as there will be frequent interaction with reinsurance partners, other departments, and auditors, both internal and external. The work to be performed by the incumbent is task/process oriented, driven by company procedures and completed under daily supervision and oversight.

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• Location: Birmingham

• Post ID: 28867817 alabama is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2018