Audit, Tax, and Consulting Services Designed for Life Insurers

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Featured Webinar

April 14, 2022   |   2:00 pm - 3:00 pm ET

Corporate Governance: Think Outside the Boardroom

Robert Waszak, CPA

Senior Manager, Johnson Lambert

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Meet

Scott Hall

Johnson Lambert provides audit, tax, and consulting services to 500+ insurance clients, giving them the information needed to make critical business decisions to better monitor their risk and return.

Our focus on life insurance is unique. We're on the front lines. We're here for you. We go above and beyond. Your success is our success!

Set up a conversation with Scott today to discuss how we can better understand your goals and priorities.

Services
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Services for Life Insurance Entitites

Through working with hundreds of insurance entities and our immersion in all aspects of the industry, we add value to our clients in efficient engagements that do not compromise on knowledge sharing, best practice advising, and tailored synergistic and communicative approaches.

Audit and Assurance Services

Our audit and assurance services for insurers include but are not limited to: financial statement audit; reviews; accounting advisory services; SEC compliance and reporting; agreed upon procedures; and SOC 1, 2, 3, +, and Cybersecurity SOC.

Our team understands the complexities and the integration of statutory and insurance GAAP standards that govern your organization. Our audit practice is built on the highest quality standards and open, ongoing dialogue. It is not overcomplicated with unnecessary bureaucracy, while still providing access to a depth and breadth of insurance-focused resources that build trust and add value.

Our Audit Services

Tax Services

Johnson Lambert has a dedicated tax team that works with insurance companies and uses its vast insurance experience and knowledge to aid our tax clients with everything from tax preparation to assistance with statutory and GAAP provisions to planning and executing tax strategies that best position your organization for the future.

Our tax services for insurance entities include federal and state income tax preparation, preparation and review of quarterly and annual provisions and related disclosures, FATCA and foreign bank report filings, foreign tax filings, uncertain tax position documentation, taxing authority examination representation, and more.

Our Tax Services

Advisory and Consulting Services

We customize our advisory and consulting services to meet your organization’s unique needs. The Johnson Lambert team offers a wide variety of consulting and advisory services that can support your organization wherever you are today. We strive to build a partnership with our clients that prompts strategizing and optimizing for the future.

Some of our service offerings are internal audit (outsourcing + co-sourcing), Model Audit Rule (MAR) readiness and implementation, System and Organization Control (SOC) reports, ERM services, cybersecurity assessments, system implementation reviews, and more.

Our Advisory Services
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Hot Topics

Know What’s Happening

Johnson Lambert is dedicated to keeping you current on the impact of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers (ASC 606). This white paper presents the most significant information related to […]

Delve into the critical elements of nonprofit board development with Marta Ferro, founder & president of Starfish Impact, as she shares insights on key skills for board members, the importance of a strategic and diverse roster, and the benefits and […]

Tax Matters: Tax Elections for Discount Bonds

The purchase of equity and debt securities can play a significant role in a company’s overall investment strategy but may have tax implications that should be considered from a tax planning perspective. The purchase of market discount bonds, in particular, […]

NAIC 2024 Spring Meeting Highlights

Johnson Lambert LLP is dedicated to keeping you informed of changes adopted by the NAIC. In this edition, you’ll find a summary of statutory accounting adoptions made by the Statutory Accounting Principles Working Group (SAPWG) during the Spring National Meeting […]

Johnson Lambert is delighted to announce that Partner Andrea Wright has been appointed to the Illinois CPA Society (ICPAS) board of directors for a three year term. As the state’s preeminent CPA organization, ICPAS is committed to improving and advocating for the CPA profession. […]

A company’s ability to harness technology solutions and use it to enhance strategic initiatives can result in a competitive advantage. Through this lens, many business leaders view technology as a strategic investment, rather than a cost. You will learn about […]

Johnson Lambert is proud to announce that Principal Steven Strickland has been recognized as a member of the 2024 Class of Emerging Leaders by the American Property Casualty Insurance Association (APCIA). This prestigious acknowledgment highlights high-performing insurance professionals who are […]

In December 2023, The Governmental Accounting Standards Board (GASB) issued GASB Statement No. 102, Certain Risk Disclosures. The guidance establishes financial reporting requirements for risks related to vulnerabilities due to certain concentrations (lack of diversity related to significant inflow or […]

The great resignation has had extensive impacts on supply and demand, as well as labor and benefits. Join Johnson Lambert on Tuesday, June 28 at 2:00 pm ET for an insightful half-hour discussion on the recent shifts in the job market and ever-changing work environment, followed by a fifteen-minute Q&A addressing your most pressing questions.

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Insurance Industry

Investment and Involvement

AICPA Insurance Expert Panel

Johnson Lambert partners are consistently members of the American Institute of CPAs (AICPA) Insurance Expert Panel which brings together CPA leaders knowledgeable in the insurance industry to come to an agreement on key issues affecting insurance audit and attest matters.

NAIC Involvement

Members of the Johnson Lambert team, including both members of the insurance audit practice and the regulatory team who serve the needs of insurance regulators, attend NAIC meetings. We share what we learn in frequent, detailed reports featured in our Insights section of this website. We also have representation on the NAIC/AICPA Task Force.

Key Industry Group Immersion

Johnson Lambert professionals are board members, volunteers, speakers, and conference attendees for major industry groups, including IASA, AICPA, MPL Association, and more. The firm proudly sponsors these organizations and their events as well.

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Featured

Webinars

April 14, 2022   |   2:00 pm - 3:00 pm ET

Corporate Governance: Think Outside the Boardroom

Robert Waszak, CPA Senior Manager, Johnson Lambert

January 11, 2022   |   2:00 pm - 3:00 pm ET

2022 GAAP/STAT Accounting and Tax Update

Lauren Darr Partner, Johnson Lambert

Paul Preziotti, CPA Partner, Johnson Lambert

November 17, 2021   |   2:00 pm - 3:00 pm ET

Corporate Governance: Does It Really Matter?

Andrew Cleveland, CPA Senior Manager, Johnson Lambert

Dustin Barnwell, CPA Principal, Johnson Lambert

June 22, 2021   |   2:00 pm - 3:00 pm ET

Leases, Culture, and Accounting: How It All Fits Together

Andrea Wright, CPA, MBA Partner, Johnson Lambert

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Effective and Efficient Services

If your organization is looking for a CPA and consulting firm who knows the industry, get in touch with Johnson Lambert's specialized team of professionals.