Helping you solve staffing gaps
Many Memphis and Tennessee 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 Memphis and Tennessee. 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 Memphis Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Memphis and Tennessee. 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 Memphis Business Community
The business community in Memphis, Tennessee, is anchored by its position as one of the nation’s foremost logistics and distribution hubs. The city is home to FedEx’s global headquarters and superhub, which not only drives local employment but also attracts a wide network of supply chain, transportation, and e-commerce companies. Its strategic location along the Mississippi River, combined with access to major interstate highways, railroads, and one of the busiest cargo airports in the world, has made Memphis a central player in global trade and logistics.
Healthcare is another cornerstone of the local economy, with a strong presence of hospitals, medical research institutions, and life sciences companies. St. Jude Children’s Research Hospital stands as one of the city’s most recognized institutions, fueling both healthcare innovation and philanthropic engagement. The medical sector also supports ancillary industries ranging from biotech to specialized professional services.