Helping you solve staffing gaps
Many Wichita and Kansas insurance companies look to outsourced accounting services to resolve an immediate need or as a long-term solution. Unexpected changes such as growing departmental demands, departure of a senior professional or assistance with special projects can increase urgency. Hiring new staff to bridge the gap can be difficult because of the time needed for hiring and onboarding plus the expense of training new team members on SAP and other insurance accounting standards. Rather than undergo this time-consuming and expensive process, insurance companies look to outsourced accounting as a practical solution.
Outsourced Insurance Accounting Experience
JLK Rosenberger provides outsourced accounting services to insurance companies in Wichita and Kansas. Our seasoned team members are intimately familiar with Statutory Accounting Principles (SAP), quarterly and annual NAIC reporting, and state regulations. We understand the accounting, financial reporting, and tax compliance challenges faced by insurance companies, especially when an unexpected change occurs. Our unique combination of skills translates into our team guiding clients to making well informed, strategic, and growth aligned decisions.
Outsourced Insurance Accounting Services
- Assistance with NAIC and state required reporting
- Monthly Accounting Assistance
- Prepare Federal and State Income Tax Returns
- Financial Statement Preparation
- Prepare Monthly, Quarterly, and Annual Internal
- Financial Statements
- Prepare Bank and Other Account Reconciliations
- Monitor Claim Retention and Amounts to be Recouped
- Prepare Annual Budgets and Cash Flow Forecasts
- Assist with the Evaluation of Vendors and
- Negotiating Contracts
Contact our Wichita Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Wichita and Kansas. If you are interested in learning more about our services and how we can help you, complete the form at the top of the page and a team member will follow up shortly.
Frequently Asked Questions
Outsourced Accounting for Insurance Companies
About the Wichita Business Community
Wichita, Kansas,is a city with a robust and diversified business community, deeply rooted in its historical significance and evolving economic landscape. Historically known as the “Air Capital of the World,” Wichita’s economy has been significantly influenced by the aviation industry. Major companies such as Spirit AeroSystems, Textron Aviation, and Bombardier have established substantial operations in the city, contributing to its reputation as a hub for aircraft manufacturing and related industries.
Beyond aviation, Wichita’s economy is bolstered by sectors like agriculture, manufacturing, healthcare, and energy. The city serves as a central point for agricultural activities, with wheat and cattle being prominent products. Manufacturing extends beyond aviation to include machinery, food processing, and chemical products. Healthcare is a significant employer, with institutions like Via Christi Health and Wesley Medical Center providing extensive services.