Adam Rudin is an actuary who has worked in the health insurance industry for over 30 years. For the first 18 years of his career, he has had varied experiences working directly for large health insurers, including responsibilities for individual, small group, and large employer health insurance markets, and has managed a staff of 30. He has had a wide variety of management responsibilities including direct profit and loss accountability, general management, and direct interactions with large employers. Throughout his career he has been involved in all aspects of actuarial work, including pricing, reserving, forecasting, underwriting, risk adjustment, provider analysis, regulatory analysis, and has given testimony in state legislative hearings.
From 2011 to 2020, Adam was one of the leaders of McKinsey and Company's actuarial practice, working with clients to deliver impact through in-depth analysis of current business and actuarial practices to provide strategies to improve the enterprise’s results in light of the continuously changing healthcare landscape. He was the firm’s primary actuarial expert responsible for working with clients on both Affordable Care Act and Medicare risk adjustment and its implications to the client’s business.
From 2020-2022, Adam was a Sr. Consulting Actuary for Wakely Consulting Group in Tampa, Florida, to focus more on the impact he can have through his in-depth actuarial expertise and its impact on our clients' pricing and business strategy for ACA Exchange and Medicare Advantage businesses. He also performed a number of cost of care benchmarking studies on behalf of clients.
In 2022, Adam joined Somatus to lead the actuarial and medical economics functions for this Value-Based Care company focuesd on patients with Chronic and End-Stage Kidney Disease. In addition to the traditional pricing, reserving and forecasting functions, he is responsible for making sure any risks Somatus assumes is priced appropriately to the unique disease burden of this population. He also leads the Medical Economics department where he conducts studies to prove the value Somatus brings to its clients.
Adam is a Fellow in the Society of Actuaries and Member of the American Academy of Actuaries. He has a degree in Mathematics from the University of California at Berkeley, and currently resides in Sarasota, Florida.