Helping you solve staffing gaps
Many Baltimore and Maryland 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 Baltimore and Maryland. 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 Baltimore Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Baltimore and Maryland. 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 Baltimore Business Community
Baltimore’s business community is a mix of old-school industry and modern innovation, shaped by its history as a major port and by its proximity to Washington, D.C. The waterfront still plays a central role in the region’s economy, supporting trade, logistics, and manufacturing — especially in areas tied to maritime services, transportation equipment, and distribution. At the same time, the city has built a national reputation in healthcare and life sciences thanks to the influence of Johns Hopkins, which attracts biomedical research firms, medical device innovators, and health tech startups looking to grow near world-class talent. Financial services, insurance, and cybersecurity have become increasingly important as well, in part because federal agencies and defense contractors in the region create a steady flow of work related to data protection, compliance, and risk management.
Baltimore is also seeing a wave of entrepreneurial energy move into historic industrial spaces, where small businesses, creative studios, breweries, makers, and tech companies are reshaping neighborhoods like Harbor East, Canton, and Port Covington. Even with revitalization efforts, the city remains grounded in its working-class culture, with the port, public institutions, education, and healthcare providing a stable employment foundation. The community’s challenges — from infrastructure to equity gaps — are well known, but there’s a strong civic push from business leaders, nonprofits, and workforce organizations to create more inclusive growth.