Helping you solve staffing gaps
Many Salt Lake City and Utah 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 Salt Lake City and Utah. 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 Salt Lake City Outsourced Accounting Team
JLK Rosenberger provides fractional accounting services to insurance companies in Salt Lake City and Utah. 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 Salt Lake City Business Community
Salt Lake City has evolved into one of the most dynamic business environments in the Intermountain West, driven by a diverse economy that blends traditional industries with a surge of innovation and technology. The city’s strategic location between the Rocky Mountains and the West Coast makes it a natural logistics hub, bolstered by an advanced transportation network that includes the Salt Lake City International Airport and key interstate connections. Historically rooted in mining, railroads, and trade, the modern Salt Lake City economy is now defined by its expanding technology sector, financial services, healthcare, construction, and outdoor recreation industries.
The city’s emergence as a major tech center has earned it a place within the “Silicon Slopes,” a regional corridor that stretches through Utah County and houses hundreds of technology and software companies. Firms such as Qualtrics, Entrata, Divvy, and Pluralsight have put Utah on the map for venture capital and startup activity, supported by strong university research programs from the University of Utah and Brigham Young University. This innovation ecosystem thrives on a young, educated workforce and a favorable business climate, with low corporate taxes and supportive state economic policies that consistently rank Utah among the top states for business growth and entrepreneurship.