Discover What Sets High-Performing

As life insurance products and investment strategies expand, they can trigger simultaneous impacts across accounting, tax, and actuarial domains. Since a single change can affect financial reporting, tax positions, reserve support, and audit documentation, coordination between cross-functional teams is more important than ever as decisions move forward.

Some teams move through this environment with fewer late adjustments and more consistent audit execution. They flag potential issues while decisions are still being shaped, define ownership for follow-up, and build support for key positions before the audit process is underway.

Johnson Lambert developed this guide to show how finance leaders can apply similar approaches within their own life insurance organizations. 

What You’ll Gain:

• A clearer path for bringing the right teams together sooner. Understand when to involve accounting, tax, and actuarial stakeholders as product changes, reserve updates, or transactions begin to affect multiple areas.
• Better visibility into developments that can create downstream challenges. Learn how to keep important items in view so documentation, readiness, and coordination stay on track.
• A more deliberate plan for audit preparation. See where to build documentation in advance for reserves, new products, and technical positions that tend to draw more scrutiny.
• Stronger connection between tax and finance planning. Gain insight into how earlier tax involvement can inform decisions tied to structure, reporting inputs, and business priorities.
• A sharper lens for evaluating new offerings and business decisions. Identify how to assess accounting implications and related tax effects before they extend across reserves and audit support.