Helping you solve staffing gaps
Many Minneapolis and Minnesota 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 Minneapolis and Minnesota. 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 Minneapolis Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Minneapolis and Minnesota. 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 Minneapolis Business Community
Minneapolis has a business community built on the strength of major corporate headquarters and a growing culture of innovation. Companies like Target, U.S. Bancorp, Best Buy, General Mills, and Ameriprise Financial anchor the local economy, creating a broad foundation across retail, finance, and food manufacturing. Just outside the city, UnitedHealth Group adds tremendous influence in healthcare and insurance, while Medtronic has helped make the region one of the nation’s leading hubs for medical device development. The presence of these industry leaders attracts top talent and encourages supplier networks, startups, and technology partners to grow around them.
Entrepreneurship continues to reshape the city’s economic identity as new businesses emerge in software, clean tech, creative services, and food innovation. Research institutions and strong private-sector partnerships contribute to a steady push in biosciences and digital health. Minneapolis also maintains close ties to agriculture through global food companies that prioritize sustainability and supply-chain improvement.