Institute of Insurance Science

Funded Projects

Publications

Consultation hour

By email appointment

Prof. Dr. An Chen (Head of Institute)

Personal Information

  • Place of Birth: Zhejiang, China
  • Languages: Chinese (native), German(fluent), English (fluent)

Professional Experiences

Sep. 2012- present: Full professor and head of the Institute of Insurance Science at the University of Ulm, Germany
Oct. 2009-Aug. 2012: Assistant professor at the University of Bonn, Germany
Sep. 2008-Aug. 2009: Acting professor (Lehrstuhlvertretung) at the Department of Economics, University Bonn, Germany
Jan. 2007-Aug. 2008: Postdoctoral fellow at the University of Amsterdam, Netherlands
2007: Ph.D. in economics, University of Bonn, Germany
Oct. 2003-Dec. 2006: Ph.D study, Bonn Graduate School of Economics, Germany
2001 - 2003: Student assistant at the Department of economics (BWL-III Lehrstuhl, Prof Dr. Klaus Sandmann)
Oct. 2000-Sep. 2003: Diplomvolkswirtin (M.Sc.), University of Bonn, Germany

Awards

Dec. 2023 Chris Daykin Award for the best pension-related paper in the 2023 ASTIN Bulletin for the paper "Intergenerational risk sharing in a defined contribution pension system: analysis with Bayesian optimization" (joint with Motonobu Kanagawa and Fangyuan Zhang)
Jul. 2022 St. John's University's Greenberg School of Risk Management's Award for Best APJRI Paper for the paper "Bequest-Embedded Annuities and Tontines" (joint with Manuel Rach)
May 2021 ASTIN Bulletin PBSS Prize for the paper “On the Optimal Combination of Annuities and Tontines" (joint with Manuel Rach and Thorsten Sehner)
2019 ASTIN Bulletin PBSS Prize for the paper "Tonuity - A novel individual-oriented retirement plan" (joint with Peter Hieber and Jakob K. Klein)
Jun. 2018 ICA 2018 Best Paper Award for the subject “Aspects of long-term savings: uncertainty in low real returns, longevity and inflation" for the paper "The impact of longevity and investment risk on a portfolio of life insurance liabilities", with Anna Rita Bacinello and Pietro Millossovich
Jul. 2016 University Teaching Award, University of Ulm
Jul. 2011 Lecturer Award for outstanding Teaching in the Master's Programme in Economics 
2014 Handelsblatt BWL-Ranking - Researchers under 40, No. 45
2012 Handelsblatt BWL-Ranking - Researchers under 40, No. 91

Research focuses

  • Life and Pension Insurance
  • Optimal asset allocation
  • Risk Management in finance and insurance
  • Derivatives pricing

Editorial Duties

  • 06.2018 - present: Co-editor, ASTIN-Bulletin - The Journal of the International Actuarial Association
  • 09.2022 - present: Associate Editor, Insurance: Mathematics and Economics
  • 02.2021 - present: Associate Editor, Annals of Actuarial Science 
  • 05.2021 - present: member of Advisory Board, Mathematical Methods in Economics and Finance
  • 10.2024 - present: Series Editor, Springer Actuarial (Book series)

Other Activities

  • 05.2023-present: Vice president of German Society for Insurance and Financial Mathematics (DGVFM)
  • 04.2019-05.2023: Board member of German Society  For Insurance and Financial Mathematics  (DGVFM)
  • Since 2018: Member of  Committee "Hochschulausbildung, Aus- und Weiterbildung" of DGVFM

Ph.D. Students

  • Current PhD Students (Ulm University): Yusha Chen, Morten Wilke, Maria Hinken, Leonard Gerick, Philipp Büchner
  • Former PhD Students (Ulm University): Mark Benedikt Schultze, Felix Hentschel, Jakob Klein, Manuel Rach, Simona Clever (second supervisor), Carle Mereu (second supervisor), Thorsten Sehner, Nils Sørensen, Fangyuan Zhang (second supervisor)
  • Former PhD Students (University of Bonn): Chunli Cheng, Christian Hilpert, Filip Uzelac

Fudan Exchange

Information about the Fudan exchange can be found here.