Insurance Accounting Support | ARC Strategic Services

Insurance Accounting Support When Your Team Needs It

The demands on insurance organizations do not slow down when workloads increase, someone leaves, a regulatory issue arises, or the business needs help in an area the team does not handle on a regular basis. ARC Strategic Services works alongside insurance leadership, finance, accounting, IT, and operational teams, stepping in with as much or as little help as needed. Sometimes that means providing guidance or leadership. Other times, it means rolling up our sleeves and helping get the work done.

Why ARC Strategic Services

In many insurance organizations, a small number of experienced people carry much of the accounting and reporting responsibility. When the workload changes, a key person leaves, or something requires additional experience, the work must continue.

ARC Strategic Services gives CFOs and Controllers another option for getting that work done without having to build the team around every possible situation.

  • Insurance experience from the start: Work with professionals who already understand insurance accounting, statutory reporting, regulatory requirements, and the financial responsibilities of an insurance organization.
  • Support that fits the need: Bring ARC in for a specific project, additional accounting support, a leadership transition, or ongoing financial support.
  • Work alongside your existing team: ARC adds experienced resources to the people and knowledge you already have rather than forcing your organization into a predefined outsourcing model.

How ARC Can Help

From NAIC filings and statutory reporting to RBC analysis, capital planning, enterprise risk management, DOI liaison services, IT roadmaps and governance, and leadership transitions, ARC provides comprehensive support across accounting, financial management, technology, risk, and leadership needs.

Accounting & Financial Reporting

Insurance accounting, reconciliations, journal entries, statutory and GAAP reporting, investment accounting, reinsurance, and management reporting.

Statutory & Regulatory Support

NAIC filings, state supplementals, examinations, audits, DOI responses, and regulatory reporting.

CFO & Controller Support

Interim and fractional leadership, financial oversight, forecasting, capital planning, board support, and leadership transitions.

Strategic Projects & Additional Support

Support for IT strategy and assessments, system and application sustainability, process improvement, documentation, and periods when additional resources or leadership are needed.

What Insurance Clients Say About ARC

Our clients consistently highlight our deep insurance expertise and ability to deliver results that matter to their organizations.

Their knowledge and expertise has been and continues to be instrumental to our growth trajectory.

Amy Dougal

Vice President of Accounting

Central Insurance Group — Assessing existing processes, identifying process redesign opportunities, automating eliminations, and refining consolidated balance sheet and income statement reporting.

Their depth of knowledge and insight is outstanding.

Colleen Handy

CFO

Palmetto Surety Corporation — NAIC statutory filings, RBC forecasting and analysis, investment calculations, Notes and Schedules D and E, and process improvements around data coordination.

This team has such deep insurance regulatory expertise, I can feel confident that the filings are done accurately and in full compliance with the NAIC.

Michael Eldridge

Office Manager

Hamblen Mutual — Completing a filing early, improving cash reconciliation processes, mapping data to the statutory statement, and identifying process improvements expected to save time monthly.

Need Additional Support for Your Accounting Team?

Whether you need help with a specific project, additional accounting resources, or experienced financial leadership, tell us what your team is working through. We'll talk through where ARC may be able to help and what level of support makes sense.

Let's Talk!