Dear Huebner Fellows and Friends,
The Huebner Foundation is wrapping up its programming for 2017, and looking forward to a number of programs in 2018 to support doctoral education in the areas of risk and insurance.
5th annual CEAR/Huebner Summer Risk Institute
We’re happy to report that the next Institute is scheduled for July 30-31, 2018. The institute aims to expose Ph.D. students and faculty interested in risk and uncertainty to relevant cutting-edge models, tools, and theory. The 2018 program will focus on the field of micro insurance. We’re pleased to have the following speakers confirmed:
- Christopher Udry, Northwestern University, Department of Economics, Robert E. and Emily King Professor of Economics
- Mushfiq Mobarak, Yale, Department of Economics, Professor
- Karina Whalley, AXA Global Parametrics
Huebner Doctoral Colloquium
The 2018 Colloquium will once again be held in August in conjunction with the ARIA annual meeting, this year in Chicago. The colloquium gives doctoral students the opportunity to present their research in a small group setting. Participating academics include editors of leading journals, prominent researchers, and former Huebner Fellows. We will announce the application date for the colloquium in the spring.
Huebner Fellow Alumni
As part of our effort to strengthen the Huebner Alumni network, we’re actively reaching out past fellows.
Dr. James Moore was a Huebner Fellow from 1994-'96 and currently serves on the foundation's Board of Directors. He spoke to us about the importance of RMI doctoral education from his perspective as the Product Manager, Head of Investment Solutions at PIMCO.
What drove your initial interest in RMI? How did you get into this field of research?
I was looking at Econ PhD programs and had an interest in pensions and retirement. Having worked for a few years as a consulting actuary after undergrad, the RMI program felt like a good mix combining pieces of the work I had been doing with a deeper focus on theory and research techniques. As my interests were more aligned with real world application of the tools and issues, I felt it was a better fit than straight economics PhD programs.
How did the Huebner Fellow program help you as a doctoral student?
First of all funding. It gave me the ability to focus entirely on my coursework and research. It also gave me access to the leading researchers in the field and a network of past Huebner Fellows.
The Huebner Foundation's mission is to support doctoral work in risk and insurance. What do you think are the biggest challenges facing students in this field right now?
Outside of the schools that have established and thriving RMI programs, I think it is recognition of the area and skill set of those who are trained in it by those with more common econ or finance PhD’s. Academics have a tendency to like candidates who are like them in terms of training and research interests. When I interviewed at the Fed, one of my interviewers asked for a description of each course – “Oh that’s Corporate Finance with an Insurance focus” “Oh that’s Principal-Agent Contracting problems with an Insurance spin.” “That’s an Applied Statistics class.” Etc. Getting others in departments with a limited understanding of what RMI programs are and to create a broader portfolio of job opportunities is an important objective for those in the research community.
What are the biggest opportunities?
There are tons! Understanding the interplay between finance and insurance is key in a lot of areas – corporate finance and risk management, more evolved portfolio construction, retirement planning and product design. Applying new, evolving statistical and data analysis techniques given the increased computing power and availability of data creates almost boundless research opportunities.
If you are a past Huebner Fellow and would like to participate in our alumni profile project, please contact Betsy Wallace.
!! Donation Match Opportunity!!
Thanks to the generous support of a Huebner donor, we are delighted to announce a matching program for donations by Huebner Fellows. All donations by Huebner Fellows, up to $1,000, will be matched one-for-one, doubling the reach of your contribution. If you participate in this matching campaign, please be sure to note that you are a past Huebner Fellow when donating. You can use our website to make a tax-deductible donation to the Huebner Foundation, or you can mail a check (to avoid processing fees) to the Huebner office at Georgia State University.
Stephen Shore, Ph.D.
Executive Director, S.S. Huebner Foundation
R. Means Davis Professor of Risk Management and Insurance
Robinson College of Business; Georgia State University