Associate Professor, State Farm Companies Foundation Scholar

Ph.D. in Finance, University of Illinois at Urbana-Champaign, 1998

Website

Research Interests

• Casualty Insurance Pricing Models
• Dynamic Financial Analysis
• Structural Modeling of Risk

Honors and Appointments

• FCAS – Fellow of the Casualty Actuarial Society
• MAAA – Member of the American Academy of Actuaries
• ARM – Associate in Risk Management
• FRM – Financial Risk Manager
• Director, Actuarial Science Program
• State Farm Companies Foundation Scholar in Actuarial Science

Selected Publications

• “Modeling Financial Scenarios: A Framework for the Actuarial Profession,” with K. Ahlgrim and S. D’Arcy, Proceedings of the Casualty Actuarial Society, 2005 (forthcoming – accepted for publication)
• “The Effective Duration and Convexity of Liabilities for Property-Liability Insurers Under Stochastic Interest Rates,” with K. Ahlgrim and S. D’Arcy, Geneva Papers on Risk and Insurance, 2004, Vol. 29, pp. 75-108
• “The Use of Dynamic Financial Analysis to Determine the Optimal Growth Rate of a Property-Liability Insurer,” with S. D’Arcy, Journal of Risk and Insurance, 2004, Vol. 71, No. 4, pp. 583-615 (Winner of the 2005 CAS Article Award, presented by the American Risk & Insurance Association)
• “Modeling of Economic Series Coordinated with Interest Rate Scenarios,” 2004, with K. Ahlgrim and S. D’Arcy, peer reviewed by CAS and SOA committees, published on CAS and SOA websites; deliverable associated with CAS-SOA research grant
• Chapter 10, “Special Issues,” with J. Tedeschi and K. Ward, Foundations of Casualty Actuarial Science, Casualty Actuarial Society, 2001
• “Measuring the Interest Rate Sensitivity of Loss Reserves,” with S. D’Arcy, Proceedings of the Casualty Actuarial Society, 2000, Vol. 87, pp. 365-400 (Winner of the 2001 Dorweiler Prize for Best Paper, Casualty Actuarial Society)
• “A Comparison of Property/Casualty Insurance Financial Pricing Models,” with S. D’Arcy, Proceedings of the Casualty Actuarial Society, 1998, Vol. 85, pp.1-88