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Todd M. Wanta, FSA, MAAA

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., Mathematics, Northwestern University
  • M.S., Applied Mathematics, Purdue University

Current Responsibility

Todd is a Consulting Actuary in the Milwaukee office of Milliman. Todd joined the firm in 2007.


Todd is an experienced hire and a consultant with Milliman's Healthcare practice. Todd's areas of expertise are in the areas of pharmacy, Medicare Part D, retiree prescription drug plans (individual and employer), and Medicaid funding allocation.

Related to pharmacy, Todd has worked with pharmacy benefit managers, prescription drug wholesalers, and retail pharmacies. Examples of projects worked on include pricing specialty medication programs, assessing the feasibility of joint purchasing agreements, evaluation of medication adherence outcomes, and design of competitive analyses.

Specific to the Medicare market, Todd has assisted Part D plans with formulary analysis, strategic planning, Medicare bid preparation, feasibility of entering the market, and mergers/acquisitions. He assists with research related to bid model development. He also performs creditable coverage and retiree drug subsidy testing.

Additionally during his tenure at Milliman, Todd has worked extensively with risk adjustment models, built statistical models for Medicaid funding allocation, estimated reserves for statements of actuarial opinion, and manages/maintains Milliman's tool used to provide customized solutions to clients for commercial and Medicare (EGWP, RDS, and individual) prescription drug pricing, and creditable coverage testing.

Prior to working at Milliman, Todd worked as a software and systems engineer, creating algorithms, performing/overseeing simulations, and managing projects.

  • Work at Milliman

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