My Expertise
Retirement, Aged Care Financing, Longevity Insurance, Mortality, Risk Modelling, Risk Management, Interest rate risk
Keywords
Fields of Research (FoR)
Insurance studies, Banking, finance and investment, Aged health careSEO tags
Biography
Michael Sherris is Emeritus Professor in the School of Risk and Actuarial Studies. He was Head of Actuarial Studies at UNSW until 2010 having been appointed to UNSW in 1998 to establish the Actuarial Studies program. Before joining UNSW, he was an Associate Professor in Actuarial Studies at Macquarie University. He is a Fellow of the Institute of Actuaries of Australia, the Institute of Actuaries (UK) and the Society of Actuaries (North...view more
Michael Sherris is Emeritus Professor in the School of Risk and Actuarial Studies. He was Head of Actuarial Studies at UNSW until 2010 having been appointed to UNSW in 1998 to establish the Actuarial Studies program. Before joining UNSW, he was an Associate Professor in Actuarial Studies at Macquarie University. He is a Fellow of the Institute of Actuaries of Australia, the Institute of Actuaries (UK) and the Society of Actuaries (North America). After retirement he continues his involvement in research, research student supervision and mentoring of early career researchers particularly through the Centre of Population Ageing Research (CEPAR) where he is a Lead Investigator.
Prior to becoming an academic he worked in the banking and finance industry for a number of major banks and a life insurance company. He has been an active member of the Australian actuarial profession having served on the Council of the Institute of Actuaries of Australia. He has previously been actively involved in course development for the Finance and Investment Management courses of the Institute, and served as a Chief Examiner for the Finance course and an examiner for the Investment and General Insurance courses. He served as an Associate Editor of the North American Actuarial Journal from 1997-2004 and was an Associate Editor of the Asia Pacific Journal of Risk and Insurance, Associate Editor of the Annals of Actuarial Science and a Co-Editor of the North American Actuarial Journal. He was also a co-editor of the Springer Actuarial Series. He was President (2008-2009) of the Asia Pacific Risk and Insurance Association and a Board and Executive Member of the Enterprise Risk Management Institute International (ERMII). He was Chair of the AFIR-ERM Section of the International Actuarial Association and served on the International Actuarial Association's Mortality Working Group.
He has been lead and chief investigator on research grants with funding in excess of $40 million from ARC Linkage, Industry, Universities and Government. He was an investigator in the ARC Financial Integrity Research Network with funding of $1.75 million over 5 years. Michael has won a number of awards for his research including the International Actuarial Association Bob Alting von Gesau AFIR Prize, Casualty Actuarial Society (CAS) annual prize for the most valuable contribution to casualty actuarial science published in American Risk and Insurance Association (ARIA) literature, a Geneva Association/IIS Research Program Shin Research Award For Excellence, the Redington Prize of the Society of Actuaries, Best Paper prize for the North American Actuarial Journal and the H M Jackson Memorial Prize of The Institute of Actuaries of Australia. In 2007 he was awarded Australian Actuary of the Year in recognition of his contributions to actuarial research and education both internationally and within Australia.
Professor Sherris has provided consulting advice for a number of banks, life insurance companies and fund managers in the areas of interest rate risk management, derivatives, funds management, project finance, investment modelling and superannuation.
Research interests
- Retirement and Aged Care Financing
- Longevity, health status and functional disability risk modelling, long term care insurance and longevity risk management
- Insurer risk management, pricing, solvency and capital allocation
- Quantitative risk modelling and the economics of risk management
My Research Supervision
Supervision keywords
Areas of supervision
Longevity risk, Insurance Product Innovation, Aged Care Financing