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Julia Kong, FSA, MAAA, CERA

Chicago, IL, US

Tel: +1 312 499 5559

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Professional Designations

  • Fellow, Society of Actuaries
  • Member, American Academy of Actuaries
  • Chartered Enterprise Risk Analyst


  • BBA, Business Strategy, University of Michigan – Stephen M. Ross School of Business
  • BS, Economics/Actuarial Mathematics Double Major, University of Michigan – College of Literature, Science, and the Arts

Current Responsibility

Julia is an actuary with the Chicago office of Milliman. She joined the firm in 2014.


Julia’s primary area of expertise is assisting providers and employers with understanding healthcare claims risk. Examples of Julia’s experience include:

  • Developing financial projections and actuarial cost models for providers implementing care delivery programs
  • Analyzing the implications of shared savings and capitation arrangements between providers and health plans and identifying key risk drivers
  • Modeling and analyzing medical and prescription drug plans for complex organizations with employer-sponsored healthcare coverage
  • Pricing and reserving for health plans and self-insured groups
  • Modeling and applying simulation techniques to help risk-taking entities understand the claims volatility of the covered population
  • Performing due diligence and appraisal valuation for mergers and acquisitions

Julia is also a Chartered Enterprise Risk Analyst and is familiar with enterprise risk management.

Prior to joining Milliman, Julia was an analyst at a global benefits consulting firm where she consulted with large employers on employer-sponsored benefits programs.

  • Work at Milliman

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