Featured Webinar
April 14, 2022 | 2:00 pm - 3:00 pm ET
Robert Waszak, CPA
Senior Manager, Johnson Lambert
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 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 ServicesTax 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 ServicesAdvisory 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
Hot Topics
Know What’s Happening
April 2024
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. […]
March 2024
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 […]
February 2024
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.
January 2024
Johnson Lambert LLP is dedicated to keeping you informed of changes adopted by the NAIC within the Statutory Accounting Principles (E) Working Group that will impact your 2023 statutory basis financial statements and other significant NAIC activities. Statutory Accounting Updates […]
January 2024
As we prepare for 2023 tax filings, there are some changes and reminders for taxpayers to consider for the upcoming deadlines. Although there were not sweeping changes for this year, we have highlighted below some of the items that taxpayers […]
During this webinar, our panel discusses the role of technology in the corporate governance environment, effective management of the ever-changing technology landscape, and the intersection of IT with overall business strategy. This session will help CEOs, CFOs, controllers, accounting managers, […]
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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