Key Benefit Concepts LLC is an independent actuarial and employee benefit consulting firm. Established in 1992, we are proud to say we have been serving public and private employers in WI and throughout the United States for almost 30 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 these new statements, let us help you understand the impact as it relates to your organization’s post-employment obligations (OPEB and supplemental pensions). We want to be your actuary!
While post-employment valuations are our bread-and-butter, we also provide other types of actuarial services including compensation studies, self-insured health plan attestations and benefit program consulting services.
The KBC Team
At KBC, we attract talented and highly skilled individuals. Our positive work environment and great benefits retain these individuals and creates a productive workforce - in fact, the best consulting team! You and your organization can be confident you will receive quality, professional consulting services.
We are passionate about helping others in 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!
Join our Team
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.
More About KBC
As actuaries, we have extensive training in statistics, insurance, accounting and finance as it relates to active and 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.
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 meaningful benefits to their employees’ and their families. We provide our clients with tools, technology and expertise to improve the effectiveness and efficiency of benefit programs.
Our mission is to deliver unbiased, quality actuarial and benefit consulting services in a prompt and professional manner.
We offer you a variety of actuarial services including GASB 74/75 OPEB actuarial valuations, GASB 67/68/73 supplemental pension valuations, self-insured health plan attestations, compensation studies, funding and budget projections and more!
Benefit Plan Consulting
We provide you with a number of benefit consulting services including the design and restructure of active and post-employment benefits, employee communications, HRA/403(b) post-employment benefit recordkeeping, compensation consulting and more!
Policy & Procedure Consulting
We coordinate with your legal counsel to create policies and procedures, handbook language, plan documents, plan administration, etc., as it relates to HRA, FSA, flexible benefits, HIPAA compliance and more!