Rick Kilburn

About Rick Kilburn

Rick is responsible for monitoring and reporting the financial performance of the benefit…

Experience

1. Senior Financial Consultant

   Lockton

   Sep 2023 — Present · US

   Financial and Placement leader in the health care and group benefits consulting practice in Lockton\'s Kansas City office. Responsible for servicing and maintaining a book of business for clients with employees locally and nationally. Primary responsibility is providing financial services for clients with both self-funded and fully insured medical, prescription, and dental plans.•Prepare and present medical, prescription drug, dental, and vision renewal projections, claims reporting/analysis, RFP results, contribution strategies, etc. to clients and prospects.•Lead meetings with producers and service teams in developing client strategies and direction, often providing creative cost saving solutions implemented by clients.•Provide recommendations to the Lockton National Stop Loss Panel Leadership Team with regard to analysis and selection of preferred vendors.•Provide analysis and direction to the National Practice & Analytics Team for additional tools needed and opportunities to enhance existing tools.•Works independently, with minimal guidance, meeting deadlines and working in a fast-paced environment with multiple personalities. •Member of National Placement Thought Leadership Group.•Provide rate setting, employee contribution strategies, plan design modeling and recommendations often resulting in a 3:1 return on investment for services provided.•Medical plan design change and Health Care Reform cost impact analysis.•Customized monthly claims experience reporting and trend analysis.•Reserve calculations for self-funded medical, prescription drug, dental and vision plans.•Vendor renewal negotiations for stop loss and fully-insured lines of coverage resulting in millions of dollars of savings for clients, recognized by local and national Lockton Leadership for negotiating success.

Education

• University of Central Missouri

  BS

  1989 — 1992

Skills

• Leadership
• Employee Benefits
• Defined Benefit
• Health Insurance
• Brokers
• Account Management
• Claim
• Life Insurance
• Employee Engagement
• Disability Insurance
• Insurance
• Underwriting
• Customer Service
• Health Savings Accounts
• Workers Compensation
• Employee Benefits Design
• Employee Relations
• Benefits Administration