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Financial Reporting Analyst II (Remote)

Basic Purpose and Objective of the Position - Stated Briefly:  

This position will be responsible for ensuring the accuracy and proper set up of reinsurance tables and related reports.  The position will collaborate with various departments, including IT, accounting, auditing teams and external customers.  The individual must possess strong analytical skills, very high attention to detail, strong written and verbal communication skills, ability to work independently and a forward-thinking approach. 


Responsibilities
  • Accurately set up reinsurance tables to cede business 
  • Responsible for maintaining reinsurance and table related spreadsheets and reports
  • Responsible for cession statement maintenance
  • Complete monthly close analysis 
  •  Proactively identify, recommend and implement process improvements
  •  Prepare and maintain cohesive guidelines and process documentation, ensuring they are regularly updated


Qualifications/Education
  • Insurance experience desired
  • Bachelor degree required
  • Strong Microsoft Office skills required
  • Strong interpersonal communication skills required
  • Strong organizational skills required
  • Must be able to multi-task
  • Must be able to work independently
  • Ability to take ownership of role and highly analytical 


Protective’s targeted salary range for this position is $62,000 to $90,000. 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.

Average salary estimate

$76000 / YEARLY (est.)
min
max
$62000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Reporting Analyst II (Remote), Protective

Join Protective as a Financial Reporting Analyst II and enjoy the flexibility of remote work while making a significant impact on our reinsurance processes. In this role, your primary responsibility will be ensuring the accuracy of reinsurance tables and related reports, so attention to detail is key. You'll collaborate with various departments including IT, accounting, and auditing teams, which means you'll need excellent communication skills to navigate these relationships effectively. Your analytical prowess will shine as you maintain reinsurance and related spreadsheets, and you'll play a crucial role in cession statement maintenance. Additionally, this position offers you the chance to take charge of monthly close analyses and actively seek out opportunities for process improvements. We value initiative and forward-thinking, making it important for you to not only follow processes but also to enhance them. You should hold a Bachelor’s degree and ideally have some insurance experience to better understand our industry. Strong Microsoft Office skills are essential, as is the ability to juggle multiple tasks independently. Protective offers a competitive salary range, alongside prospects for additional incentives based on personal and company performance. If you're ready to elevate your career and work within a dynamic team, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Financial Reporting Analyst II (Remote) Role at Protective
What are the main responsibilities of a Financial Reporting Analyst II at Protective?

As a Financial Reporting Analyst II at Protective, your main responsibilities include ensuring the accuracy of reinsurance tables, maintaining related spreadsheets, and overseeing cession statement maintenance. You'll collaborate with various departments to analyze financial data and implement process improvements, making your role critical to the accuracy and efficiency of our reporting.

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What qualifications do I need for the Financial Reporting Analyst II position at Protective?

To qualify for the Financial Reporting Analyst II position at Protective, you should have a Bachelor’s degree and ideally some experience in the insurance sector. Strong analytical skills, proficiency in Microsoft Office, and excellent interpersonal communication abilities are also essential to succeed in this role.

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How does Protective support career growth for a Financial Reporting Analyst II?

At Protective, we believe in nurturing talent and providing opportunities for growth. As a Financial Reporting Analyst II, you'll have the chance to work alongside various departments, gain new skills, and even recommend process improvements, all of which could lead to increased responsibilities and advancement within the company.

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What is the work environment like for a Financial Reporting Analyst II at Protective?

The work environment for a Financial Reporting Analyst II at Protective is dynamic and collaborative. Since this position is remote, you’ll enjoy the flexibility of working from home while still having the support of your team. Regular communication across departments ensures that you remain connected and involved in essential projects.

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What salary range should I expect for the Financial Reporting Analyst II role at Protective?

The salary range for the Financial Reporting Analyst II position at Protective is between $62,000 and $90,000, depending on your skills and experience. In addition to competitive pay, you will also have opportunities for annual incentives based on your performance and the company’s achievements.

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Common Interview Questions for Financial Reporting Analyst II (Remote)
Can you describe your experience with financial reporting?

When answering this question, focus on specific experiences where you’ve prepared and analyzed financial statements or reports. Provide examples of tools you've used and highlight how your contributions led to improved accuracy or insights.

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How do you ensure accuracy when setting up financial tables?

Explain your process for double-checking your work and the methods you use to verify data accuracy, such as peer reviews or utilizing software checks. This will demonstrate your attention to detail and commitment to quality.

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What steps do you take to resolve discrepancies in financial reports?

Outline a systematic approach for identifying, investigating, and resolving discrepancies. Describe a specific instance when you successfully resolved an issue, illustrating your problem-solving skills and analytical capabilities.

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How do you manage tight deadlines while working independently?

Discuss your time management strategies, such as prioritizing tasks, setting milestones, and using organization tools. Sharing a specific example of how you met a challenging deadline will further strengthen your response.

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What software tools are you familiar with that would aid you as a Financial Reporting Analyst II?

Discuss your proficiency with tools like Microsoft Excel and any financial reporting software. Be sure to mention any experience with specific functions or features that can enhance your reporting accuracy and efficiency.

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How do you stay updated on industry regulations and trends?

Mention reliable sources you follow, such as industry blogs, regulatory updates, and professional associations. Highlight how you apply this knowledge to improve your reporting practices and compliance.

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Describe a time when you had to present financial information to a non-financial audience.

Use this opportunity to showcase your communication skills. Explain the approach you took to simplify complex information and ensure clarity, emphasizing your ability to connect with diverse audiences.

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What approach do you take to process improvement?

Share your philosophy on process improvement, emphasizing your proactive nature. Discuss a specific example where you implemented a change that positively impacted your workflow or the accuracy of financial reports.

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How do you handle feedback regarding your financial reports?

Express your openness to constructive feedback and provide an example of when you applied feedback from peers or supervisors to improve future reports. This shows accountability and a willingness to learn.

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Why do you want to work for Protective as a Financial Reporting Analyst II?

Convey your knowledge about Protective as a company and how its values align with your career goals. Discuss what excites you about the role and how your skills can contribute to the team's success.

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Founded in 1907, Protective Life is a financial service holding company that specializes in full life insurance. Protective Life is located in Alabama.

159 jobs
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
March 27, 2025

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