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Kelly S. Backes, FSA, MAAA

Principal and Consulting Actuary
Brookfield, WI, US

Tel: +1 262 7842250

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries


  • B.A., Bachelor of Arts, double major in Mathematics-Actuarial Science and in Economics, Honors degree, University of Wisconsin-Milwaukee

Current Responsibility

Kelly Backes is a principal and consulting actuary with the Milwaukee office of Milliman. She joined the firm in 2014.


Kelly has 16 years of actuarial experience, including 10 years of consulting. She is versed in the Medicare, Medicaid, and commercial populations.

In the Medicare market, Kelly has provided clients with bid pricing and preparation, strategic planning, product design, desk review and audit services, claims processing analysis, risk sharing arrangements, experience analysis, organizational start-up assistance, forecasting, Part D settlement analysis, and reserving. Kelly also conducted bid desk reviews and audits on behalf of CMS for several years.

In the Medicaid market, Kelly has provided pricing for new and existing Medicaid programs for a number of different populations.

In the commercial market, Kelly has provided a variety of services to clients of all sizes. Kelly began her actuarial career at Assurant Health, where she spent six years working extensively in its individual actuarial department leading pricing and filing, managing form discontinuance and roll over support, and providing statistical analysis related to corporate retention and application placement initiatives. She then moved to Oliver Wyman, where she provided pre and post-ACA pricing support for individual and group products. Kelly also provided other services including reserving, forecasting, assisting federal and state governments with ACA compliance and initiatives, and state filing review.

  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman