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Guarantee Trust Life Insurance Company

Financial Accountant

Posted 2 Months Ago
Be an Early Applicant
In-Office
60025, Glenview, IL, USA
53K-80K Annually
Junior
In-Office
60025, Glenview, IL, USA
53K-80K Annually
Junior
Performs insurance, third-party administrator, reinsurance, and mortgage investment accounting. Responsibilities include journal entries, general ledger reconciliations, financial statement analysis, regulatory and audit schedules, treaty review, reporting, and process improvements. Collaborates with IT, Actuarial, Legal, and other departments on accounting initiatives and system enhancements.
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Company Overview 

At Guarantee Trust Life Insurance Company (GTL), employees join a company with nearly 90 years of stability, purpose, and forward momentum. Founded in 1936 and headquartered in Glenview, Illinois, GTL blends timeless values—integrity, quality products, and personal service—with innovative life and health insurance solutions that help policyholders and distributors across the country.  

Where You’ll Work 

This position is required to work on-site in our Glenview, IL office most days. Everyone receives 3 flexible remote days per month. And, we offer half-day Fridays – every Friday! 

Role Overview

This is an exciting time to join the Financial Accounting department at GTL as a Financial Accountant! You will find challenge and reward in a culture of collaboration and innovation. Our team members work closely together and interact with other departments, while having a direct impact on the success of the company. We’ll give you the tools you need to bring your vision for success to life. We’re empowering our employees to create better ways of working through teamwork, collaboration, and technology.

Responsibilities

  • Third Party Administrator (TPA) accounting – responsible for the direct and reinsurance accounting and reporting for multiple TPA’s across several lines of business.
  • Treaty/contract review - ensure all accounting and regulatory items are correctly implemented and followed with various reinsurance treaties.
  • Mortgage Investment Accounting – record entries, prepare financial reports, and settle activity for all mortgage investments.
  • Ability to lead cross-functional initiatives and process improvements, including system enhancements and automation.
  • Record journal entries and reconcile general ledger accounts.
  • Perform financial statement analysis as part of the monthly close. 
  • Preparation and analysis of schedules for Annual/Quarterly Statements and audits.
  • Partner and collaborate with other departments (IT, Actuarial, Legal).
  • pecial projects as assigned.
Qualifications
  • Bachelor’s degree required, Accounting or Finance major preferred.
  • 2-3 years of insurance accounting experience.
  • Strong Microsoft skills – Word, Excel, Access.
  • Experience with ERP systems for accounting – PeopleSoft experience a plus.

Compensation & Benefits 

Provided eligibility requirements are met employees will be eligible for the following benefits: 

  • Medical 
  • Health Savings Account (including employer contribution) 
  • Dental 
  • Vision 
  • Dependent Care FSA 
  • Basic Life Insurance (full premium paid by employer) 
  • Voluntary Employee, Spouse and Child Life Insurance 
  • Short-Term and Long-Term Disability 
  • Paid Holidays 
  • Paid time off including vacation, personal days, sick time and Summer / Flex Fridays 
  • 401(k), 401(k) Match and Profit-Sharing Retirement Plan 

The pay range for this role is $53,000-$80,000. The pay range provided is not a guarantee of compensation. The range reflects potential pay for the job grade for this role at the time of this posting. Compensation will depend on several factors such as specific competencies, relevant education and experience, qualifications, and industry certifications. Compensation ranges are subject to change and may be higher or lower than the range described above.  

Stay Connected with GTL 

We invite you to learn more about Guarantee Trust Life by visiting:  

Website 

LinkedIn 


EOE m/f/d/v

HQ

Guarantee Trust Life Insurance Company Glenview, Illinois, USA Office

Glenview, IL, United States

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