■ RESEARCH INTERESTS
Actuarial models, risk models, stochastic processes, loss reserving, ratemaking, statistical learning
■ CURRENT ACADEMIC APPOINTMENTS
Associate Professor, Hanyang University Sep. 2019 to present
College of Business and Economics
• Affiliations:
• Department of Actuarial Science
• Department of Insurance and Finance
■ PREVIOUS ACADEMIC APPOINTMENTS
Assistant Professor, Hanyang University Sep. 2014 to Aug. 2019
College of Business and Economics
• Affiliations:
• Department of Actuarial Science
• Department of Insurance and Finance
Postdoctoral Researcher, Stony Brook University Sep. 2011 to Jan. 2012
Department of Physics and Astronomy
• Supervisor: Professor Thomas H. Bergeman
• Phase decoherence of Bose-Einstein condensates
■ EDUCATION
Stony Brook University, Stony Brook, NY USA
Ph.D., Physics, Aug. 2011
• Dissertation Title: Phase Coherence of Two-Component Bose-Einstein Condensates Loaded
in State-Dependent Optical Lattices
• Adviser: Professor Thomas H. Bergeman
Yonsei University, Seoul, Korea
B.S., Physics, Metallurgical Engineering, Feb. 2005
■ PROFESSIONAL MEMBERSHIPS
Associate of Society of Actuaries, SOA Member, 2014–present
■ TEACHING EXPERIENCE
Hanyang University, Ansan, Korea
Associate Professor Fall 2019 to present
• ACT3007 (Advanced Actuarial Mathematics)
• ACT3005 (Financial Engineering2)
• ACT4009 (Advanced Loss Models)
• ACT4001 (Insurance Actuarial Modeling1)
• ACT4003 (Insurance Actuarial Modeling2)
• ACT4002 (Actuarial Risk Management)
• FAC9035 (Theory of Advanced Financial Mathematics)
• FAC9023 (Statistical Method for Financial Insurance)
• FAC9067 (Actuarial Predictive Models)
• FAC9070 (Property Casualty Insurance Mathematics 1)
• FAC9075 (Theory and Practice of Loss Models) 1 of 3
Assistant Professor Fall 2014 to Spring 2019
• ACT2004 (Mathematical Statistics Theory 2)
• ACT2001 (Actuarial Mathematics 1)
• ACT2002 (Actuarial Mathematics)
• ACT3007 (Advanced Actuarial Mathematics)
• ACT3004 (Modeling for Actuary)
• ACT3005 (Financial Engineering 2)
• ACT4001 (Insurance Actuarial Modeling 1)
• ACT4003 (Insurance Actuarial Modeling 2)
• ACT4002 (Actuarial Risk Management)
• FAC9002 (Financial Insurance Product Pricing 2)
• FAC8077 (Financial Insurance Product Theory 1)
• FAC8081 (Actuarial Mathematics 1)
• FAC9020 (Advanced Actuarial Mathematics Model 1)
• FAC8072 (Financial Mathematics Theory 2)
• FAC8089 (Actuarial Mathematics 2)
• FAC9024 (Theory of Hedging Risks 1)
• FAC9048 (Theory of Guarantee Reserves)
• FAC9033 (Theory of Advanced Actuarial Mathematics)
• FAC9045 (Actuarial Model of Life Insurance 1)
• FAC9030 (Theory of Actuarial Mathematics)
■ REFEREED JOURNAL PUBLICATIONS
[1] Hyunoo Shim, Inkyo Seo, Heejung Kim, and Yang Ho Choi. Examining the Relationship Between the Insurance Cancellation Status and Credit Activities of Policyholders Using Korean Financial Bigdata Open System(CreDB). The Journal of Risk Management, 34(1):45–73, 2023.
[2] Yang Ho Choi, Daeun Ahn, and Hyunoo Shim. Measuring Aggregated Risk of Losses of Non-life Insurance Companies based on the Vine Copula Model. Journal of Insurance and Finance, 34(1):31–63, 2023.
[3] Hyunoo Shim, Siok Kim, and Yang Ho Choi. Sustainability of pensions in Asian countries. Communications for Statistical Applications and Methods, 29(6):679–694, 2022.
[4] Okhyeon Jeon, Yang Ho Choi, Hyunoo Shim, and Himchan Jeong. A Study on the Ratemaking of Multi-peril Insurance via Shared Random Effects. Journal of Insurance and Finance, 33(3):41–76, 2022.
[5] Hyunoo Shim, Gayoung Ha, and Yang Ho Choi. A Study on Policy Ownership and Payment of Private Annuities by the Middle-aged. Korean Journal of Insurance, 129:23–50, 2022.
[6] Sungwon Jang, Yang Ho Choi, and Hyunoo Shim. A Study on Profitability Analysis of Interest-sensitive Whole-life Insurance in Consideration of Stochastic Interest Rates and Stochastic Mortality Rates. The Journal of Risk Management, 32(3):37–78, 2021.
[7] Hyunoo Shim, Sungsoon Park, and Yang Ho Choi. Dynamic Policyholder Behavior for Insurance Premium Payment - Focused on Values of Guaranteed Minimum Withdrawal Benefit and Guaranteed Minimum Death Benefit in Variable Universal Whole-life Insurance -. Journal of Insurance and Finance, 32(3):3–36, 2021.
[8] Hyunoo Shim, Hong Suk Oh, and Yang Ho Choi. Dynamic Policyholder Behavior for Both Base and Additional Premium Payment - Top-down and Bottom-up Approach -. The Journal of Risk Management, 32(2):1–34, 2021.
[9] Hyunoo Shim, Hyunggi Im, and Yang Ho Choi. A Study on Premium Rate Differentiation of Health Insurance by Simplified Partial Disclosure of Claim History. Journal of Insurance and Finance, 32(2):43–75, 2021.
[10] Hyunoo Shim, Jung Yeun Min, and Yang Ho Choi. Household, personal, and financial determinants of surrender in Korean health insurance. Communications for Statistical Applications and Methods, 28(5):447–462, 2021. Publisher: Korean Statistical Society.
[11] Hyunoo Shim, Changki Kim, and Yang Ho Choi. Volatility clustering in data breach counts. Communications for Statistical Applications and Methods, 27(4):487–500, 2020. Publisher: Korean Statistical Society.
[12] Hyungmin Joo and Hyunoo Shim. A Study on the Effects how Interest Rate Models Affect Evaluation of GMIR and GMDB Costs. The Journal of Risk Management, 30(2):77–105, 2019.
[13] Hyunoo Shim. Cluster Analysis on Data Breach Reports via Text Mining. Journal of the Korean Data Analysis Society, 21(2):877–887, 2019.
[14] Wona Lee and Hyunoo Shim. An Empirical Study on the Value Relevance of Non-life Insurer’s Management Information. The Journal of Risk Management, 29(3):107–138, 2018. [15] Hyunoo Shim and Yang Ho Choi. Age-Period Analysis on Korea Road Fatality Rates. Journal of the Korean Data Analysis Society, 18(5):2611–2626, 2016. [16] Hyunoo Shim and Thomas Bergeman. Phase coherence and fragmentation of twocomponent Bose-Einstein condensates loaded in state-dependent optical lattices. Physical Review A, 94(4):043631, 2016. Publisher: APS. [17] Hyunoo Shim. A Study on Profit Analysis of Variable Life Insurance by Nested Stochastic Modeling. Journal of Insurance and Finance, 25(2):111–137, 2014. [18] Hyunoo Shim. A Study on Guarantee Costs of GMDB (Guaranteed Minimum Death Benefit) Options. The Journal of Actuarial Science, 6(1):3–25, 2014. [19] Hyunoo Shim and Yang Ho Choi. Modeling and Forecasting of Cancer Incidence Rates of Korea. Journal of the Korean Data Analysis Society, 16(6):3107–3120, 2014. [20] Hyunoo Shim. The Analysis of Profit and its Sensitivity based on Cash-Flow-Based Pricing. The Journal of Actuarial Science, 5(1):67–90, 2013.
Actuarial models, risk models, stochastic processes, loss reserving, ratemaking, statistical learning
■ CURRENT ACADEMIC APPOINTMENTS
Associate Professor, Hanyang University Sep. 2019 to present
College of Business and Economics
• Affiliations:
• Department of Actuarial Science
• Department of Insurance and Finance
■ PREVIOUS ACADEMIC APPOINTMENTS
Assistant Professor, Hanyang University Sep. 2014 to Aug. 2019
College of Business and Economics
• Affiliations:
• Department of Actuarial Science
• Department of Insurance and Finance
Postdoctoral Researcher, Stony Brook University Sep. 2011 to Jan. 2012
Department of Physics and Astronomy
• Supervisor: Professor Thomas H. Bergeman
• Phase decoherence of Bose-Einstein condensates
■ EDUCATION
Stony Brook University, Stony Brook, NY USA
Ph.D., Physics, Aug. 2011
• Dissertation Title: Phase Coherence of Two-Component Bose-Einstein Condensates Loaded
in State-Dependent Optical Lattices
• Adviser: Professor Thomas H. Bergeman
Yonsei University, Seoul, Korea
B.S., Physics, Metallurgical Engineering, Feb. 2005
■ PROFESSIONAL MEMBERSHIPS
Associate of Society of Actuaries, SOA Member, 2014–present
■ TEACHING EXPERIENCE
Hanyang University, Ansan, Korea
Associate Professor Fall 2019 to present
• ACT3007 (Advanced Actuarial Mathematics)
• ACT3005 (Financial Engineering2)
• ACT4009 (Advanced Loss Models)
• ACT4001 (Insurance Actuarial Modeling1)
• ACT4003 (Insurance Actuarial Modeling2)
• ACT4002 (Actuarial Risk Management)
• FAC9035 (Theory of Advanced Financial Mathematics)
• FAC9023 (Statistical Method for Financial Insurance)
• FAC9067 (Actuarial Predictive Models)
• FAC9070 (Property Casualty Insurance Mathematics 1)
• FAC9075 (Theory and Practice of Loss Models) 1 of 3
Assistant Professor Fall 2014 to Spring 2019
• ACT2004 (Mathematical Statistics Theory 2)
• ACT2001 (Actuarial Mathematics 1)
• ACT2002 (Actuarial Mathematics)
• ACT3007 (Advanced Actuarial Mathematics)
• ACT3004 (Modeling for Actuary)
• ACT3005 (Financial Engineering 2)
• ACT4001 (Insurance Actuarial Modeling 1)
• ACT4003 (Insurance Actuarial Modeling 2)
• ACT4002 (Actuarial Risk Management)
• FAC9002 (Financial Insurance Product Pricing 2)
• FAC8077 (Financial Insurance Product Theory 1)
• FAC8081 (Actuarial Mathematics 1)
• FAC9020 (Advanced Actuarial Mathematics Model 1)
• FAC8072 (Financial Mathematics Theory 2)
• FAC8089 (Actuarial Mathematics 2)
• FAC9024 (Theory of Hedging Risks 1)
• FAC9048 (Theory of Guarantee Reserves)
• FAC9033 (Theory of Advanced Actuarial Mathematics)
• FAC9045 (Actuarial Model of Life Insurance 1)
• FAC9030 (Theory of Actuarial Mathematics)
■ REFEREED JOURNAL PUBLICATIONS
[1] Hyunoo Shim, Inkyo Seo, Heejung Kim, and Yang Ho Choi. Examining the Relationship Between the Insurance Cancellation Status and Credit Activities of Policyholders Using Korean Financial Bigdata Open System(CreDB). The Journal of Risk Management, 34(1):45–73, 2023.
[2] Yang Ho Choi, Daeun Ahn, and Hyunoo Shim. Measuring Aggregated Risk of Losses of Non-life Insurance Companies based on the Vine Copula Model. Journal of Insurance and Finance, 34(1):31–63, 2023.
[3] Hyunoo Shim, Siok Kim, and Yang Ho Choi. Sustainability of pensions in Asian countries. Communications for Statistical Applications and Methods, 29(6):679–694, 2022.
[4] Okhyeon Jeon, Yang Ho Choi, Hyunoo Shim, and Himchan Jeong. A Study on the Ratemaking of Multi-peril Insurance via Shared Random Effects. Journal of Insurance and Finance, 33(3):41–76, 2022.
[5] Hyunoo Shim, Gayoung Ha, and Yang Ho Choi. A Study on Policy Ownership and Payment of Private Annuities by the Middle-aged. Korean Journal of Insurance, 129:23–50, 2022.
[6] Sungwon Jang, Yang Ho Choi, and Hyunoo Shim. A Study on Profitability Analysis of Interest-sensitive Whole-life Insurance in Consideration of Stochastic Interest Rates and Stochastic Mortality Rates. The Journal of Risk Management, 32(3):37–78, 2021.
[7] Hyunoo Shim, Sungsoon Park, and Yang Ho Choi. Dynamic Policyholder Behavior for Insurance Premium Payment - Focused on Values of Guaranteed Minimum Withdrawal Benefit and Guaranteed Minimum Death Benefit in Variable Universal Whole-life Insurance -. Journal of Insurance and Finance, 32(3):3–36, 2021.
[8] Hyunoo Shim, Hong Suk Oh, and Yang Ho Choi. Dynamic Policyholder Behavior for Both Base and Additional Premium Payment - Top-down and Bottom-up Approach -. The Journal of Risk Management, 32(2):1–34, 2021.
[9] Hyunoo Shim, Hyunggi Im, and Yang Ho Choi. A Study on Premium Rate Differentiation of Health Insurance by Simplified Partial Disclosure of Claim History. Journal of Insurance and Finance, 32(2):43–75, 2021.
[10] Hyunoo Shim, Jung Yeun Min, and Yang Ho Choi. Household, personal, and financial determinants of surrender in Korean health insurance. Communications for Statistical Applications and Methods, 28(5):447–462, 2021. Publisher: Korean Statistical Society.
[11] Hyunoo Shim, Changki Kim, and Yang Ho Choi. Volatility clustering in data breach counts. Communications for Statistical Applications and Methods, 27(4):487–500, 2020. Publisher: Korean Statistical Society.
[12] Hyungmin Joo and Hyunoo Shim. A Study on the Effects how Interest Rate Models Affect Evaluation of GMIR and GMDB Costs. The Journal of Risk Management, 30(2):77–105, 2019.
[13] Hyunoo Shim. Cluster Analysis on Data Breach Reports via Text Mining. Journal of the Korean Data Analysis Society, 21(2):877–887, 2019.
[14] Wona Lee and Hyunoo Shim. An Empirical Study on the Value Relevance of Non-life Insurer’s Management Information. The Journal of Risk Management, 29(3):107–138, 2018. [15] Hyunoo Shim and Yang Ho Choi. Age-Period Analysis on Korea Road Fatality Rates. Journal of the Korean Data Analysis Society, 18(5):2611–2626, 2016. [16] Hyunoo Shim and Thomas Bergeman. Phase coherence and fragmentation of twocomponent Bose-Einstein condensates loaded in state-dependent optical lattices. Physical Review A, 94(4):043631, 2016. Publisher: APS. [17] Hyunoo Shim. A Study on Profit Analysis of Variable Life Insurance by Nested Stochastic Modeling. Journal of Insurance and Finance, 25(2):111–137, 2014. [18] Hyunoo Shim. A Study on Guarantee Costs of GMDB (Guaranteed Minimum Death Benefit) Options. The Journal of Actuarial Science, 6(1):3–25, 2014. [19] Hyunoo Shim and Yang Ho Choi. Modeling and Forecasting of Cancer Incidence Rates of Korea. Journal of the Korean Data Analysis Society, 16(6):3107–3120, 2014. [20] Hyunoo Shim. The Analysis of Profit and its Sensitivity based on Cash-Flow-Based Pricing. The Journal of Actuarial Science, 5(1):67–90, 2013.