Senior Investment Accounting Analyst

Job Description

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 Life is seeking a Senior Investment Accounting & Reporting Analyst to join our Investment Accounting team. This role plays a critical role in overseeing investment accounting and reporting activities for Protective’s $80 billion investment portfolio, with a strong focus on management reporting, analytical insight, and cross‑functional project leadership.

The Senior Investment Accounting & Reporting Analyst partners closely with investment management, investment operations, accounting policy, information technology (IT), asset/liability management, and other key stakeholders to ensure accurate, timely, and compliant reporting under U.S. Generally Accepted Accounting Principles (GAAP), Statutory Accounting, and internal management reporting frameworks.

This role is ideal for a highly experienced accounting professional who thrives in a collaborative environment, brings strong analytical judgment, and is motivated to lead initiatives that enhance investment accounting processes, data quality, and reporting capabilities.

Key Responsibilities

• Perform quarterly investment reporting for GAAP filings, Statutory financial reporting, and internal management reporting, including reporting to Protective’s parent company, Daiichi Life Group
• Lead and coordinate monthly management reporting and analysis of Protective’s investment portfolio, providing insight into results, trends, and key drivers.
• Serve as a project lead for Investment Accounting initiatives, partnering with IT and business stakeholders to define project scope, priorities, timelines, testing, and implementation activities.
• Track project milestones, deliverables, risks, and completion dates to ensure successful execution.
• Execute and oversee month‑end close processes, including data validation, compliance checks, variance analysis, and reconciliation of investment subledgers.
• Assist with the development, governance, and maintenance of investment‑related data used for internal and external reporting, including transactions, positions, performance, and analytical datasets.
• Perform key investment accounting and reporting functions that may evolve from period to period based on business needs and regulatory requirements.
• Build and deepen subject‑matter expertise in investment accounting and understand how accounting outcomes impact the broader organization.
• Collaborate with the accounting policy team to implement new accounting standards, interpret guidance, and ensure compliance with existing regulations.
• Apply strong problem‑solving skills to identify, analyze, and resolve issues in coordination with internal partners and external data providers.
• Create and maintain process documentation and work instructions to support consistent execution and knowledge sharing.
• Respond to ad hoc analyses, reporting requests, and special projects as needed to support business and leadership needs.

Skills, Knowledge, and Abilities:

• Accounting & Investment Knowledge:
  • Strong understanding of accounting principles with demonstrated experience applying GAAP and Statutory Accounting.
  • Knowledge of investment or securities accounting concepts, processes, and reporting requirements.
• Systems & Technical Aptitude:
  • Proficiency with Microsoft Excel and the Microsoft Office Suite, including the ability to analyze and manipulate large datasets.
  • Strong aptitude for understanding systems, data flows, and upstream/downstream impacts.
  • Experience with PAM (Princeton Financial Systems) or similar investment accounting platforms preferred.
• Analytical & Detail Orientation:
  • Excellent analytical skills; strong attention to detail.
  • Strong attention to detail with the ability to identify issues, investigate root causes, and develop effective solutions.
• Communication & Collaboration:
  • Clear and professional communication skills, both written and verbal.
  • Ability to work effectively with internal partners and external providers.
• Execution & Ownership:
  • Strong organizational and time‑management skills.
  • Ability to manage multiple priorities in a deadline‑driven environment.
  • Ability to work independently or as part of a team.
  • High level of initiative and ownership.
  • Intellectual curiosity and commitment to continuous learning

Minimum Qualifications:

• Bachelor’s or Master's degree in Accounting
• 4+ years of progressive accounting experience, preferably within investment accounting, financial reporting, or public accounting environments.
• Strong proficiency in Excel and related analytical tools

Preferred Qualifications:

• Certified Public Accountant (CPA) designation.
• "Big 4" audit or assurance public accounting experience.
• Exposure to GAAP accounting and Statutory Accounting; experience working with investments or securities accounting processes.
• Familiarity with investment accounting software (PAM).

Protective’s targeted salary range for this position is $76,500 to $117,000. 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.

The internal job title for this role is General Accounting Sr. Analyst.

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 [email protected]. 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.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.