Project Insurance

OBJECTIVE: To obtain a challenging position in finance, insurance, or related industry, with a specific interest in risk management, modeling, and statistical analysis.

SKILLS

• In-depth knowledge of statistical theory and methods, such as linear models, mixed models, logistic regression, survival analysis and Bayesian data analysis

• Extensive experience with R and S-Plus

• Comprehensive knowledge of Economics, Finance and Insurance

• Passed SoA/CAS joint exams P/1, FM/2, MLC,MFE, C/4 and VEE Economics, VEE Corporate Finance, VEE Applied Statistics

• Passed CFA level 1 exam

• 3 years’ experience in catastrophic (re)insurance related modeling and CAT bonds related risk analysis

• Excellent in MS Office, Sybase, SQL Server

• Basic experience with C++ MATLAB, Python, VB, and ASP

• Proficient in Windows, Linux, and MacOS

• Superior analytical and problem-solving skills

• Very creative, self-motivated, and quick learner

• Ability to work independently and collaboratively

• Effectively worked on several projects simultaneously

• Fluent in English and Chinese; strong oral and written communication skills

EDUCATION

Ph.D. in Statistics

The University of Texas at Dallas, Richardson, TX August 2007

Dissertation: A Bayesian Methodology for Assessment of Agreement in Method Comparison Studies

M.S. in Economics, Business School, Nanjing University, Nanjing, China July 2002

B.S. in Computational Mathematics, Shandong University, Jinan, China July 1999

WORK EXPERIENCE

Natural Hazard Modeler, EQECAT, Inc. October 2007- June 2008

Research Scientist, EQECAT, Inc. July 2008- present

Duties:

• Perform assigned consulting and model development tasks including hazard modeling and portfolio analysis

• Calculate and prepare report in conformance with the company’s quality standards and the project budget and schedule

• Provide direction and oversight of personnel assigned to assist in the execution of project responsibilities

• Initiate and maintain communication with clients and contractors for purposes of technical coordination of project requirements

• Assist in technical training and mentoring of personnel

• Communicate the status of projects to the group manager

SELECTED PROJECTS

Project: eCAT for Insurance Linked Securities (ILS)

Goal: Provide uniformly EQECAT’s viewpoints for all available CAT Bonds in the market

• Created notional portfolios according the information provided in the Offering Circular of CAT Bonds

• Constructed appropriate treaties as needed

• Based on EQECAT’s WORLDCAT Enterprise, Performed the Risk Analysis for each CAT bonds

• Provided Professional Commentary for each tranche of the CAT Bonds

Project: Gulf of Mexico Energy Project

Goal: Perform the hurricane risk analysis for the properties in the Gulf of Mexico area for several energy companies

• Defined assets to be analyzed

• Refined vulnerability functions based on the claims and loss adjuster information from the historical storms

• Performed risk analysis to estimate the loss exceedance probabilities for the asset portfolio

• Provided the results in a report

Project: Barnes’ Algorithm

• Implemented the algorithm and checked its properties using R

• Applied Barnes’ algorithm Interpolated the wind speed of the calculation stations based on record stations in Europe

Project: CAT Bonds for Swiss Re (Successor X Ltd.), AXA Global P&C (Calypso Capital Ltd.) etc.

• Analyzed portfolio transmitted by the clients

• Developed index formula and weights for given constrains using R and related packages

• Performed basis risk analysis for modeled perils

• Structured the tranches for combinations of different perils and layers

• Prepared the risk analysis section of the offering circular for the bonds

Project: Industry Loss Database (ILD)

Goal: Provide exposure data and event loss tables by region and line of business, to enable fast portfolio evaluation and management as a function of market share.

• Designed the database structure and diagrams

• Performed the risk analysis for different perils by region and by line of business

• Prepared and import the data into designed database

• Developed the data dictionary for the database

• Created stored procedure to validate the database

DISSERTATION RESEARCH

Developed a simulation-based Bayesian statistical methodology which is a MCMC using Gibbs sampler to deal with a set of problems arising in method comparison studies. Evaluated agreement in two or more methods; determined samples sizes for planning a study; and conducted multiple comparisons of methods on the basis of agreement.

SELECTED PUBLICATIONS

P. K. Choudhary and K. Yin (2010). A Bayesian approach for analyzing method comparison studies with multiple methods. Statistics in Biopharmaceutical Research, 2, 122-132

K. Yin, P. K. Choudhary, et al (2008). A Bayesian approach for sample size determination in method comparison studies. Statistics in Medicine, 27, 2273-2289

(An R program for sample size determination is available at:

http://www.utdallas.edu/~pkc022000/Bayesian_ssd/)

K. Yin (2001). The analysis of electronic supply chain management. Policy & Management, 1, 20-22 (In Chinese)

K. Yin (2000). The development of China’s E-bank. Journal of shanghai finance college, 4, 41-43 (In Chinese)

TEACHING EXPERIENCE

Teaching Assistant, the University of Texas at Dallas 2002-2007

Courses: Undergraduate Calculus, Algebra, Probability and Statistics

• Helped students by answering their questions

• Assisted the professor by grading quizzes and exams

Problem Section Instructor, the University of Texas at Dallas 2005-2006

Course: Undergraduate Ordinary Differential Equations

• Met with two groups of each 30-40 students once a week

• Reviewed topics with additional lecturing and examples

• Prepared, administered and graded quizzes

Lab Assistant, Business School, Nanjing University, China 2000-2001

• Instructed students in MS Office

AWARDS/HONORS

• Graduate Studies Scholarship, The University of Texas at Dallas, 2002-2007

• GUANGHUA Fellowship for Academic Excellence, Nanjing University, 2001

• Student Fellowship for All-round Performance, Shandong University, 1995-1998

AFFILIATIONS

• Member, American Mathematical Society

• Member, American Statistical Association

• Member, Institute of Mathematical Statistics

Contact this candidate