Our Company


Key Benefit Concepts is an independent actuarial and employee benefits consulting firm headquartered in Wales, Wisconsin. Established in 1992, we are proud to say we have been serving public and private employers in WI and throughout the United States for over 25 years. KBC has coordinated the transition of the valuation process from prior GASB Statements 27, 43, 45 and 50 to compliance with new GASB Statements 67, 68, 73, 74 and 75. With thorough understanding of complex issues relating to new GASB Statements, let us help you understand the impact of these new Statements as it relates to your organization’s post-employment obligations (OPEB, pensions and supplemental pensions). We want to be your actuary!

Community Impact

We are passionate about our surrounding communities and are excited when get the opportunity to serve others! Organizing and sponsoring fun runs, painting houses, collecting and donating school supplies, food and toiletry items, making Christmas ornaments and decorations for a nursing home, serving food to those in need in Milwaukee and much more!

Run for Education


KBC is a fast-paced, constantly evolving, unique work environment. The candidates we look for are hyper-organized, attentive and are always willing to go above and beyond in their own work and for our clients. Our motto is, “We work hard, we play hard, we know how to have fun and we get the job done!" If this sounds like you, we invite you to contact us for more information about job opportunities at KBC.

Here's what our clients say...

We feel rewarded and proud to have received several letters of recommendation and testimonials over the years. We’d like to share a few of them with you to help you get a feel for the level of service you can expect from us.

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More About KBC

As actuaries, we have extensive training in statistics, insurance, accounting, and finance as it relates to post-employment benefits.  We understand the drivers of healthcare and have developed strategies to help employers tackle tough financial and regulatory issues they face in today’s constantly changing benefit landscape.

Our Goal

We go the extra mile to help employers structure their benefit programs to meet both their financial needs and overall long-term objectives, while providing life-enriching benefits to their employees’ and their families.  We also strive to provide tools, technology and expert assistance to help clients be more efficient and compliant.

Our Mission

Our mission is to deliver unbiased, unique and innovative opportunities and solutions to employee benefit issues.

Actuarial Services

We offer actuarial services such as OPEB actuarial valuations, HRA/ 403(b) post-employment benefit record keeping, GASB 74/75 retiree healthcare valuations, funding and budget projections and more.

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Benefit Consulting

KBC has a number of benefit consulting services such as design and restructuring active and post-employment benefits, employee communications, benefit plan consulting and wellness consulting.

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HIPAA Compliance

Take a look at our wide variety of HIPAA services, including establishing policies and procedures, step-by-step HIPAA training, HIPAA webinars and templates and more.

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