Investment Accountant– Mortgage Loans

Protective • Birmingham, AL

3d • $63,500 - $91,000

About The Position

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 Mortgage Loan Investment Accountant to join our Investment Accounting team. This role supports accounting and reporting functions for Protective’s mortgage loan investment portfolio, a key component of the company’s broader investment strategy. The position plays an integral role in ensuring accurate, timely, and compliant reporting across U.S. Generally Accepted Accounting Principles (GAAP), Statutory Accounting, and management reporting. The Mortgage Loan Investment Accountant is responsible for maintaining data integrity within Protective’s mortgage loan accounting systems, executing month‑end close activities, and supporting both routine and evolving reporting requirements. This role partners closely with Investment Accounting teams across securities, derivatives, mortgage loans, and systems, as well as with internal business partners and external data providers, to research issues, resolve discrepancies, and deliver high‑quality financial information. In addition to core accounting responsibilities, the role contributes to system enhancements, process improvements, documentation, and special projects, including testing related to system upgrades. This position is well‑suited for a detail‑oriented, analytically minded accounting professional who is intellectually curious, comfortable working with complex data, and eager to deepen expertise in mortgage loan investments within a collaborative, high‑performance environment.

Requirements

• Strong understanding of accounting principles; familiarity with U.S. Generally Accepted Accounting Principles (GAAP) and Statutory Accounting; working knowledge of investment accounting with a focus on mortgage loans preferred.
• Proficiency with Microsoft Excel and the Microsoft Office Suite, including pivot tables and lookup functions; strong ability to understand accounting systems, data flows, and end‑to‑end processes; experience with mortgage loan accounting systems (such as Strategy) or similar investment accounting platforms preferred.
• Excellent analytical and problem‑solving skills; strong attention to detail and accuracy; ability to identify issues, analyze complex data, and research and resolve discrepancies.
• Clear and professional communication skills; ability to work effectively with internal partners and external providers
• Strong organizational and time‑management skills; ability to manage multiple priorities in a deadline‑driven environment; ability to work independently and as part of a team; high level of initiative, accountability, and ownership of work product; intellectual curiosity and commitment to continuous learning.
• Bachelor’s or Master's degree in Accounting required.
• 3+ years of accounting experience.
• Demonstrated proficiency in Microsoft Excel.
• Experience working with financial systems and structured accounting processes.

Nice To Haves

• Certified Public Accountant (CPA) designation.
• Prior experience with mortgage loan accounting or mortgage loan investments.
• Exposure to GAAP and Statutory accounting frameworks.
• Experience working closely with Investment Accounting teams, including securities, derivatives, mortgage loans, or accounting systems

Responsibilities

• Complete Generally Accepted Accounting Principles (GAAP), Statutory (STAT), and Dai‑ichi reporting requirements related to mortgage loan investments.
• Ensure the accuracy and integrity of data inputs within Strategy, Protective’s Mortgage Loan Accounting system.
• Execute month‑end close activities, including reconciliations, general ledger reviews, and senior management reporting.
• Perform core Mortgage Loan Accounting functions and reporting that may vary by month or quarter.
• Research, analyze, and resolve accounting or data issues in coordination with internal teams and external data providers.
• Assist with the development, management, and maintenance of investment‑related data used for internal and external reporting.
• Participate in Strategy system upgrade testing and support special projects as needed.
• Serve as a key contributor on Mortgage Loan Accounting initiatives and cross‑functional projects.
• Create, maintain, and update process documentation and work instructions.
• Provide backup support to other team members to ensure deadlines are met and workloads are balanced.
• Complete ad‑hoc analyses, requests, and projects.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level