We are unique among UK business schools in having a major Actuarial Science and Insurance research group, whose members are internationally renowned academics. The group has built an outstanding reputation as a leading centre of excellence for fundamental and applied research in the broader fields of actuarial science and insurance. The School is ranked 1st in Europe and 2nd in the world for Actuarial Science Research.
Our areas of expertise include general and life insurance; health and social care; mortality and longevity modelling; pensions and investment; risk management; operations research; statistics, machine learning and analytics; stochastic modelling in insurance and finance. Research conducted within the Faculty of Actuarial Science and Insurance is often interdisciplinary, combining rigorous foundational work with real-world applications. For more detail on individual academics’ research interests see the School’s expert pages.
The status of research at the Faculty of Actuarial Science and Insurance is recognised through numerous publications in prestigious academic journals, editorships of academic journals, awards of research grants, and authorship of textbooks. Furthermore, our academics have been highly active in producing open source software to enable the wide application of their methodological innovations. Our engagement with industry is evidenced by the award of research funding via industry bodies, such as the Association of Chartered Certified Accountants, the Bank of England, the Department for International Development, the Institute and Faculty of Actuaries, the Longevity Science Panel, and the Society of Actuaries.
The Business School’s PhD programme has a stream dedicated to Actuarial Science and Insurance. The destinations of our recent PhD graduates include prestigious academic institutions (e.g. University of Oxford, University of New South Wales, University of Sydney, University of Toronto, ETH Zurich) and well known private employers (e.g. Citi, Pacific Life Re, Bank of America Merrill Lynch).