Adam Rudin
Senior Vice President, Actuary @Somatus
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WORK HISTORY
Senior Vice President, Actuary @Somatus
Sarasota, FL, US
EDUCATION
University of California, Berkeley
Bachelor's, Mathematics
SKILLS
ABOUT ADAM RUDIN
I am an actuary who has worked in the health insurance industry for over 25 years. For the first 18 years of my career, I have had varied experiences working directly for large health insurers, including responsibilities for individual, small group, and large employer health insurance markets, and I have managed a staff of 30. I have had a wide variety of management responsibilities including direct profit and loss accountability, general management, and direct interactions with large employers. Throughout my career I have been involved in all aspects of actuarial work, including pricing, reserving, forecasting, underwriting, risk adjustment, provider analysis, regulatory analysis, and have given testimony in state legislative hearings.I was the first Health Actuary hired by McKinsey and Company\'s healthcare practice. From 20••••20, I have been working with healthcare 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.From 20••••22, 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.
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