교수소개

■ Introduction
Professor Choi Yang-Ho obtained his B.S. and M.S. degrees in Mathematics from Pusan National University, then achieved further M.S. degrees in both Mathematics and Actuarial Science at the University of Iowa, and earned a Ph.D. in Applied Mathematics also from the University of Iowa. He served in a postdoctoral position at the University of Connecticut and as a professor in the Department of Applied Mathematics at Kettering University before joining the Actuarial Science Department at Hanyang University ERICA Campus in March 2013. His primary research areas are actuarial mathematics and financial engineering. Recently he has focused on risk measurement using actuarial models and valuation of equity-linked insurance products using financial engineering methods. His work has been published in many domestic and international journals, including North American Journal of Economics and Finance, Journal of the Korean Statistical Society, and Journal of Risk and Insurance.

■ Education
Ph.D. in Applied Mathematics, University of Iowa, USA
M.S. in Actuarial Science / Statistics, University of Iowa, USA
M.S. in Mathematics, University of Iowa, USA
M.S. in Mathematics, Pusan National University, South Korea
B.S. in Mathematics, Pusan National University, South Korea

■ Career
Professor, Actuarial Science, Hanyang University ERICA Campus (current)
Former Professor, Department of Applied Mathematics, Kettering University
Former Postdoctoral Researcher, University of Connecticut

■ Research Interests
Actuarial Mathematics, Financial Engineering

■ Selected Recent Publications (last 3 years)
“Analysis of Surrender Behavior of Policyholders and Their Credit Events Using a CreedB Big Data Open System”, Risk Management Studies, 2023, Vol. 34, No. 1, pp. 45-73.
“Aggregate Loss Risk Measurement of Non-life Insurers Based on Vine Copula Models”, Insurance Finance Research, 2023, Vol. 34, No. 1, pp. 31-63.
“Sustainability of Pensions in Asian Countries”, Communications for Statistical Applications and Methods, 2022, Vol. 29, No. 6, pp. 679-694.
“Rate Making for Multiple Risk Insurance Considering Shared Random Effects”, Insurance Finance Research, 2022, Vol. 33, No. 3, pp. 41-76.
“Multi-Step Barrier Products and Static Hedging”, The North American Journal of Economics and Finance, 2022, Vol. 61, pp. 101676.
“A Bivariate Extension of the Three-Parameter Generalized Crack Distribution for Loss Severity Modelling”, Journal of the Korean Statistical Society, 2021, Vol. 51, pp. 378-402.
“Outside Barrier Lookback Options with Floating Strike”, Journal of the Korean Statistical Society, 2021, Vol. 50, No. 4, pp. 1259-1286.
“Profitability Analysis of Interest-Linked Whole Life Insurance Considering Stochastic Interest Rates and Mortality”, Risk Management Studies, 2021, Vol. 32, No. 3, pp. 35-78.
“Household, Personal, and Financial Determinants of Surrender in Korean Health Insurance”, Communications for Statistical Applications and Methods, 2021, Vol. 28, No. 5, pp. 447-462.
“Profitability Study of Interest-Linked Whole Life Insurance Considering Stochastic Interest Rates & Mortality”, Insurance Finance Research, 2021, Vol. 32, No. 3, pp. 3-36.
“Policyholder Behavior in Premium Payments: Top-down & Bottom-up Approaches”, Risk Management Studies, 2021, Vol. 32, No. 2, pp. 1-34.
“Differentiated Health Insurance Rates Based on Simplified Disclosure of Partial Claims History”, Insurance Finance Research, 2021, Vol. 32, No. 2, pp. 43-75.

■ Book
Theory of Actuarial Models, 2014, Pakyoungsa

■ Academic Service
President, Korean Actuarial Society (Jan 2019 – Dec 2021)
Director, Korean Risk Management Society (since Jan 2021)
Director, Korean Insurance Society (since Jan 2023)

■ Other Credentials
Associate Actuary (ASA), since September 1, 2015