
Maleah Rhodes
Associate Consultant
Towers Perrin
Cincinnati, OH

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B.S. -
Mathematics, Bethany College |
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Associate
Consultant, consulting with companies on the design of benefit
programs. |
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As a senior in
college, Maleah became interested in a career in actuarial
science and for her senior project she developed a curriculum
for her college to prepare students for a career in that field. |
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"What's interesting
about the consulting field is that there is no end path. It's a
field where there's continual growth opportunities and it's up
to you to decide where you want to take the job." |
 
"An example of a problem that we might be given is to help a client
determine their employee contributions, say, for the following year, or to
help an employee set their, what we'll call premium rates for their
medical plans. And so what we will do is we'll gather historical data,
maybe two, three years of actual claim experience and enrollment patterns,
and we will take that experience and we will project it forward looking
for trends in the past, making adjustments for plan design changes which
are really fractions, you know, different relative values for plans that
are changing. Projecting cost forward, using spreadsheets, you know, maybe
doing a five year forecast, developing the trends the, the health care
trends that we should be using for that and making a lot of different
assumptions."

"I usually start by seven o'clock and my first half hour is pretty much
spent in, I would say, a planning mode. 7:30 it's -- 7:30 to 9:00 is
usually my quiet time. That's my productive time to really get into a
project and really focus and make some accomplishments on the projects
that I'm working. And then about nine o'clock phone calls start ringing
and the clients start calling and, you know, people start coming into our
-- my office, looking for help or guidance or with questions or wanting to
have meetings. We have a lot of meetings. I do not spend my entire day in
my office all alone. I'm very often going from meeting to meeting, either
with clients, outside of the office. Or, maybe we'll have a client meeting
in the office or internal meetings on planning purposes organizational
meetings, specific project meetings, brainstorming meetings, as to how
we're going to deal with a client issue."

"I didn't actually start out as a math major. I entered college as a
freshman as a chemical engineer major. And after three semesters of
chemistry and starting with organic chemistry, I decided that maybe I
didn't really want to be a chemical engineer. So I decided at that point
that I had so much mathematics with three semesters behind me, and a lot
of math required for chemical engineering -- that I decided that I would
just become a math major."
"Within the next five to ten years, I guess I see myself first of all,
finishing my degree. I really want to complete my MBA degree and by doing
so, that will really enable me to continue to understand my client's needs
better. Who knows? I think what's interesting about the consulting field
is that there is no end path, there is no end door of where you achieve,
it's a field where there's continual growth opportunities and it's up to
you to decide where you want to take the job."
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