Workshop Presentors


Bart Oldenkamp (the Netherlands) * Workshop 1A
Bart Oldenkamp is Managing Director at Cardano, where he is involved in structuring overlay and risk management solutions for institutional clients. Furthermore he is responsible for the engineering and research activities within Cardano. Previously, he held various positions at ABN AMRO Asset Management, most recently as Global Head of LDI and Structuring, where he was responsible for successfully introducing LDI and Fiduciary Management solutions. Oldenkamp holds a PhD degree in Financial Econometrics from the Erasmus University, Rotterdam.

Marcos Flores (UK) * Workshop 1B
Marcos Flores is a Managing Director of Credit Suisse in the Investment Banking division, based in London. He is Head of Global Institutional Structuring for Life Products.
Prior to his current role, Mr. Flores was Head of Financial Institutions Structuring in Europe and prior to this, was a member of the Latin American Structuring Group based in New York. Flores joined Credit Suisse First Boston in September 2000 when the Firm merged with Donaldson, Lufkin & Jenrette where he was a member of the Latin American Structuring team. Prior to that, he spent three years in Commodities Sales and three years at an affiliate of the Spanish development bank, Banco Exterior de España in Mexico.
Flores holds a degree in Business and Economics from the University of Vienna, Austria.

 

 

Michael Sherris (Australia) * Workshop 1C

Michael Sherris is the Professor of Actuarial Studies at UNSW in the Australian School of Business. He is Vice President of the Asia-Pacific Risk and Insurance Association (APRIA) and a Board member and Executive Committee member of the Enterprise Risk Management Institute International (ERMII). He has a long involvement in teaching and research in financial and insurance risk management and actuarial science. Professor Sherris has won a number of awards for his research including Casualty Actuarial Society ARIA Best Paper Prize, Redington Prize of the Society of Actuaries, the H M Jackson Memorial Prize of The Institute of Actuaries of Australia and Australian Actuary of the Year 2007. His current research interests are in quantitative risk management, insurer risk management strategies, insurance pricing, longevity risk and insurance solvency and capital requirements.


Edward Whitehouse (France) * Workshop 1D

Edward Whitehouse is head of pension policy analysis in the social policy division of the Organisation for Economic Co-operation and Development. He is co-author of the OECD's flagship report on retirement incomes, Pensions at a Glance.  He also works as Joint Head of Knowledge Management in the Pensions Unit of the World Bank. He wrote the joint World Bank/OECD report, Pensions Panorama: Retirement-Income Systems in 53 countries, published in November 2006.  Previously, Whitehouse was leader writer and social affairs correspondent for the Financial Times and worked at the Institute for Fiscal Studies in London. He has taught at University College, London and Oxford University.

 

Workshop Session 2

 

Mark Warshawsky (USA) * Workshop 2A

Mark Warshawsky, Ph.D. is Director of Retirement Research at Watson Wyatt Worldwide.  Warshawsky is a recognized thought leader on pensions, social security, insurance and health care financing. Prior to joining Watson Wyatt he was Assistant Secretary for Economic Policy at the Treasury Department, Director of Research at TIAA-CREF and senior economist at the IRS and Federal Reserve Board. Warshawsky is a member of the Social Security Advisory Board for a term through 2012, he is also on the Advisory Board of the Pension Research Council of the Wharton School. Warshawsky has written numerous articles, books and working papers as well as testifying before Congress on pensions, annuities and other economic issues.

Nicholas Verwilghen (Switzerland) * Workshop 2B
Dr. Nicholas Verwilghen, partner, Head of Quantitative Research EIM. Member of the Global Strategy Forum and Member of the Regional Investment Committee – Europe & Asia. He holds a PhD in Finance from the University of St. Gallen, Switzerland and a BS in Economics from the University of Cologne. He began his career in asset management consulting at the Swiss Institute of Banking and Finance, where he was a project manager at UBS and Bank Leu. Verwilghen then joined a financial planning start-up company as a founding partner. In 1997, he became a principal in a team that managed the start-up of a Private Bank in Zurich offering a multi-manager portfolio approach. In 2000, Verwilghen joined E.I.M. (Nyon) S.A.’s management team as the Head of European Research and Portfolio Management. Verwilghen then opened E.I.M. S.A.’s Zurich office to develop Institutional Clients in the German-speaking markets. His next role was as head of Client Services and Product Development where he began developing new portfolio solutions and specialized proprietary quantitative tools for the Group. In 2004 he assumed his present role as Head of Quantitative Research where he is responsible for group-wide Quantitative Research and Risk Management for both alternative and traditional investments and oversees a team of 10 people. Verwilghen is a member of EIM’s Regional Investment Committee (Europe & Asia).

Jochen Russ (Germany) * Workshop 2C
Dr. Jochen Russ is managing director of the Institut für Finanz- und Aktuarwissenschaften (ifa), an actuarial consulting firm in Ulm, Germany. The focus of his consulting work is on the development of innovative life insurance products and mathematical topics in the area of traded life insurance policies.
Russ is also a lecturer for actuarial science at the actuarial department of the University of Ulm and for the Executive Master of Insurance program of the Ludwig-Maximilians-Universität (Munich). Russ serves as an associate editor of the Asia Pacific Journal of Risk and Insurance. He is a member of the German Society for Actuarial and Financial Mathematics (DGVFM), the American Risk and Insurance Association and the Asia-Pacific Risk and Insurance Association. For his research he received seven research awards in Australia, Singapore and Germany.

 

Mario Michael Schultz (Germany) * Workshop 2D

Mario Michael Schultz joined the Market Data & Analytics’ team of Deutsche Börse Group in the year 2000 focussing on product development and project management. Recent major projects and products for which he was responsible include the Deutsche Börse MiFID Post-trade Transparency Service. He currently works on innovations in the field of non-exchange data. As such he manages the Deutsche Börse Xpect Data project, comprising longevity data covering Germany, The Netherlands and soon also the UK. Schultz studied industrial engineering at Fachhochschule Hamburg Wedel. After his exams he joined Pricewaterhouse Coopers management consultancy before taking on his job at Deutsche Börse AG.

 

Workshop, session 3

 

Hal Pedersen (USA) * Workshop 3A
Hal Pedersen is L.A.H. Warren Professor of actuarial science at the University of Manitoba.  He has previously been on faculty at Georgia State University. He is an Associate of the Society of Actuaries. Professor Pedersen’s research activities are in financial economics and the application of financial economics to insurance problems. A significant focus of his research has been on the securitization of insurance risk and its role in capital markets. Pedersen has extensive industry experience in the application of financial economics to insurance and has been involved with DFA Capital Management Inc. from its inception in 1999.

 

Laurens Swinkels (the Netherlands) * Workshop 3B
Laurens Swinkels is senior researcher at Robeco Quantitative Strategies specialized in asset allocation and stock selection. He advises institutional clients on investment portfolios tailored to new financial regulations. Prior to joining Robeco in 2004, he was Quantitative Analyst at Pension Factory and ABP Investments. Dr Swinkels is also assistant professor of Finance at Erasmus University Rotterdam and member of the board of Pensioenfonds Robeco.

 

 

 

 

Kevin Dowd (UK) * Workshop 3C

 

 

Erik Tornij (the Netherlands) * Workshop 3D

In the nineties Erik Tornij studied Mathematical Statistics in Twente and Actuarial Sciences in Amsterdam. Since 1995 he is working as a statistician and actuary for Nationale-Nederlanden in Rotterdam. Since many years, modelling life risk is his main area for attention. For the benefit of NN Life, Tornij has developed various mathematical models for the mortality assumptions of Pricing, Economic Capital, Embedded Value en Adequacy testing.  Beside this work for NN, as a member of a working party, he is doing research on mortality and longevity risk for the Dutch Organised Insurers (Verbond van Verzekeraars). 
Finally, it is worth mentioning that Tornij is teacher of an 8 lessons course in stochastic (continuous and discrete) modelling of life insurances. This theory-based course is part of the regular educational programme of the Dutch Actuarial Institute.


Anja de Waegenaere (the Netherlands) * Workshop 3E
Anja De Waegenaere is an Associate Professor of Actuarial Sciences at the Department of Econometrics and OR and the Department of Accountancy at Tilburg University. She is also senior researcher affiliated with the Network for Studies on Pensions, Aging, and Retirement (Netspar), and member of the Royal Society of Belgian Actuaries. Currently, her main research focus is on mortality and morbidity risk, and its consequences for governments, pension funds, and insurers.

Workshop, session 4

 

Min-Hung Tsay (Taiwan) * Workshop 4A
Min-Hung Tsay is a PhD candidate of Department of Finance at National Central University in Taiwan, and he is also a visiting scholar of Institute of Economics at Academia Sinica in Taiwan after he obtained the Fellowship for Doctoral Candidates in the Humanities and Social Sciences, provided by Academia Sinica, in July 2008. He received his master degree in business administration and mathematics at National Changhua University of Education in Taiwan. His research subjects include investment under uncertainty, pricing derivatives, and econometric theory.


Hua Chen (USA) * Workshop 4B
Dr. Hua Chen is an assistant professor in the Department of Risk, Insurance and Healthcare Management at Temple University. He earned his Ph.D. degree in risk management and insurance at Georgia State University, and was the GSU dissertation grant winner. He is an active member of American Risk and Insurance Association, Asia-Pacific Risk and Insurance Association, and Financial Management Association. His research interest involves risk measuring and modeling, securitization of extreme mortality risk, valuation of financial and insurance products, and actuarial science.

 

Anthony Webb (USA) * Workshop 4C
Anthony Webb is a research economist at the Center for Retirement Research at Boston College. He obtained a PhD in economics from the University of California, San Diego in 2001. The primary focus of his research is the management of asset decumulation in retirement. His published and working papers examine issues such as optimal annuitization strategies, the design of innovative annuity products, the management of aggregate mortality risk, strategies for tapping housing equity in retirement, and so on. But he also has written on the impact of pension and Social Security incentives on retirement, and the determinants and consequences of the balance of bargaining power within the household. His papers can be downloaded from the following website: http://works.bepress.com/anthony_webb.

 

Hong-Chih (Jerry) Huang (Taiwan) * Workshop 4D
Dr Jerry Huang is an associate professor of department of risk management and insurance at national Chengchi University in Taiwan. He currently serves as a member of reviewing committee of life insurance products in the insurance bureau of financial supervisory commission. His research subjects include asset liability management, asset allocation, pension, longevity risk, and mortality improvement models. He received his PhD in actuarial science from Heriot-Watt University at UK in 2000.

 

Workshop, session 5

Sharon S. Yang (Taiwan) * Workshop 5A
Dr. Sharon S. Yang is an associate professor at the dept. of finance in the national central university in Taipei starting 2008 August. She has previous taught at the dept. of business mathematics in the Soochow University and the dept. of insurance in the Tamkang University. Her research interest covers risk management for variable annuity guarantees, equity return modeling, mortality modeling, pension finance, securitization for insurance liability. She received her PhD in actuarial mathematics at Heriot-Watt University in U.K. and her master degree in actuarial science at university of Iowa in the U.S. In addition to academic experience, she is also involved with many actuarial practices, a reviewer of life insurance product for the insurance bureau of financial supervisory commission, a member of the discipline committee for the actuarial institute, the lecturer of actuarial training courses for Taiwan insurance institute, and the consultant with insurance companies.

Jennifer Wang (Taiwan) * Workshop 5B
Jennifer Wang is the chair and professor of Department of Risk Management and Insurance at National Cheng-Chi University in Taiwan. She is the associate editor of Journal of Insurance Issue published by Western Risk and Insurance Association in U.S.A. Wang also serve as a board member of the Asia-Pacific Risk and Insurance Association, and as the Board of Governors for Pension Funds Association in Taiwan, and as a research fellow of China Center for Insurance and Social Security Research in Peking University, China. With extensive researches in pension fund management, Wang has served for years as the consultant and board member to various committees in major pension funds, inclusive of Labor Pension Fund, Labor Insurance Fund, and Public Service Pension Fund. Her main area of research interest is in pension fund management and annuity market, social Insurance, risk management and insurance, especially in the asset liability management issues for pension fund and insurance.

Paul Hance (USA) * Workshop 5C

Paul Hance is an Actuary in the Financial Analysis and Risk Management department of Transamerica Retirement Services, a division of AEGON. Hance is an Associate of the Society of Actuaries.  He earned a M.S. in Mathematics, focusing on Applied Statistics, from California State University, Long Beach and a B.S. in Mathematics from University of California, Davis.

Hance’s primary areas of practice are retirement systems and finance. His actuarial work has focused on Defined Benefit and Defined Contribution plans, including projects such as Economic Capital modeling, financial economics-based pricing, Embedded Value, asset-liability management, experience studies and market research. His research interests include mortality/longevity risk management, mortality models, retirement systems, and post-employment benefit plan accounting.

Jean Pinquet (France) * Workshop 5D
Jean Pinquet is a graduate of ENS Cachan and ENSAE, with a qualified professorship (agrégé) in mathematics. He is also a qualified actuary. He teaches at University Paris 10 and is a research associate of Ecole Polytechnique (department of economics), where he is sponsored by the AXA chair “large risks in insurance”. He is a co-editor of The Journal of Risk and Insurance.

 


Workshop, session 6


Enrico Biffis (UK) * Workshop 6A
Enrico Biffis is Lecturer/Assistant Professor in Actuarial Finance. His main research interests are in insurance finance, with emphasis on valuation of insurance liabilities, hedging of options embedded in insurance contracts, and optimal investment for life and non-life business. Prior to joining Imperial College in October 2007, Biffis held positions at Bocconi University, Association of British Insurers and Cass Business School. Enrico holds a BSc & MSc in Statistics (Trieste), an MSc in Actuarial Management (Cass), and a PhD in Applied Mathematics (Trieste).

 

Atsuyuki Kogure (Japan) * Workshop 6B
Atsuyuki Kogure is Professor of Statistics, Faculty of Policy Management, Keio University, Japan. He received a Ph D in Statistics from Yale University, 1986.



Jack C. Yue (Taiwan) * Workshop 6C
Dr. Jack C. Yue is Professor of Statistics Department at College of Commerce, National Chengchi University. Formerly Chairman of Statistics Department and Director of Statistics Research Center, at College of Commerce, National Chengchi University. Consultant to many organizations, in private firms and government, in Taiwan.


 

 

 

 

 



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