Upcoming Webinar
September 28, 2022 | 2:00 pm - 3:00 pm ET
Marcia Jerding, CPA
Partner, Johnson Lambert
Trusted Advisors
Invested in Your Success
The insurance industry is built on risk and return. 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.
Industry involvement is important to us and the clients we serve. We are active in shaping accounting and financial trends, tax laws, industry regulations, and compliance requirements affecting the insurance industry. We use this expertise to share best practices with our clients and to educate our staff of all levels to have the knowledge and industry familiarity that enables efficient and client service-focused services. Our team members consider themselves insurance professionals as much as they consider themselves accountants and consultants.
Services for Insurance Entities
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 Consulting Services
Hot Topics
Know What's Happening
September 2022
American Property Casualty Insurance Association (APCIA), Insurance Careers Movement, and AM Best hosted the 2022 Emerging Leaders Conference in Denver, Colorado on August 7-9, 2022. I was nominated by Johnson Lambert and my fellow peers and ultimately selected as an […]
August 2022
The Department of Labor (DOL), in conjunction with the IRS, recently updated Form 5500 (Annual Return/Report of Employee Benefit Plan) to reflect changes required by the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). The SECURE […]
August 2022
In December of 2021, the American Institute of Certified Public Accountants (AICPA) issued Statement on Auditing Standards (SAS) 136, which aims to increase the quality of audits that employee benefit plans subject to the Employee Retirement Income Security Act (ERISA) […]
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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