Participation Accountant

United States

Full-time

Remote

Entry Level

Protective Life is a company dedicated to providing protection and peace of mind to its customers. They are seeking an analytical and detail-oriented Participation Accountant to support profit-sharing retrospective programs, focusing on the calculation, reconciliation, reporting, and administration of profit-sharing arrangements while ensuring accuracy and compliance.

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Responsibilities

Administer and reconcile profit-sharing retrospective program accounts to ensure accuracy and completeness
Calculate, validate, and support the timely processing of profit-sharing payouts in accordance with contractual agreements
Analyze financial and operational data to monitor program performance and identify trends, variances, or discrepancies
Prepare and maintain supporting documentation, schedules, and reports for internal and external stakeholders
Assist with internal and external audit activities, ensuring compliance with accounting policies and regulatory requirements
Partner with cross-functional teams to research issues, resolve discrepancies, and improve reporting accuracy
Identify and recommend process improvements that enhance operational efficiency, controls, and data integrity
Support special projects and perform other duties as assigned

Qualification

Required

Bachelor's degree in Accounting, Finance, Business Administration, or a related field
Minimum of 1-2 years of accounting, finance, financial analysis, or program analysis experience
Strong proficiency in Microsoft Excel
Experience interpreting financial data and performing account reconciliations
Understanding of GAAP and financial reporting practices
Demonstrated analytical and problem-solving skills

Preferred

3+ years of accounting, finance, participation accounting, or insurance-related financial analysis experience
Experience supporting profit-sharing, retrospective rating, participation accounting, or similar insurance programs
Experience with ERP platforms such as SAP or Oracle
CPA, CPA candidate, or advanced degree in Accounting, Finance, Business, or a related field
Experience working successfully in a remote or virtual environment

Benefits

Comprehensive health, dental and vision insurance
Mental health benefits
An employee assistance program
Variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day)
Contributions to healthcare accounts
A pension plan
A 401(k) plan with Company matching
Encouraged to engage in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards

Protective is a holding company, whose subsidiaries provide financial services It is a sub-organization of Dai-ichi Life.

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