Helping you solve staffing gaps
Many Philadelphia and Pennsylvania 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 Philadelphia and Pennsylvania. 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 Philadelphia Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Philadelphia and Pennsylvania. 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 Philadelphia Business Community
Philadelphia’s business community is one of the oldest in the country yet continues to reinvent itself by blending legacy sectors with emerging innovation. The city still leans heavily on its powerhouse health systems and major universities which drive research, biotech, life sciences, and healthcare innovation, and continue to attract venture capital that wants to be close to academic research and commercialization pipelines. Philadelphia has also become stronger in technology over the past decade, thanks in part to the talent output from Drexel, Penn, Temple, and Jefferson, and from the growing number of startups clustered around University City and Center City. Financial services, logistics, and legal services remain core pillars of the local economy, with insurance, middle-market banking, wealth management, and regional corporate headquarters forming a bedrock of established employers. Manufacturing never fully left this region either—there is still strong pharmaceutical, precision manufacturing, and advanced materials production across the metro area, especially in the suburbs. The port and logistics infrastructure along the Delaware River remains a strategic economic driver and has become more valuable due to ongoing supply chain restructuring and the growth of East Coast port traffic.