Yumin Wang

Dr. Yumin Wang is an assistant professor in the Warren Centre for Actuarial Studies and Research at the University of Manitoba. He received his Ph.D. in actuarial science from the University of Waterloo in 2021. Prior to that, he obtained his bachelor’s and master’s degrees in actuarial science from Heriot-Watt University and University of Waterloo, respectively. Dr. Wang achieved the Associate of the Society of Actuaries in 2023.

Dr. Wang’s current research focuses on retirement savings products (such as variable annuities and registered index-linked annuities) in the aspects of policyholder behavior, household demand, and contract design. He is also interested in pension economics such as intergenerational risk-sharing pension plans. More broadly, his interest lies in topics across actuarial science, insurance economics, game theory, behavioral economics, and stochastic control.

• Long-term Actuarial Mathematics
• Short-term Actuarial Mathematics
• Statistical Learning in Actuarial Science

• Variable annuity
• Registered index-linked annuity
• Pension economics
• Stochastic control in finance and insurance

Chen, L., Li, D., Wang, Y., & Zhu, X. (2023). Optimal VIX-linked structure for the target benefit pension plan. ASTIN Bulletin: The Journal of the IAA, 1-19. (Forthcoming)

Chen, L., Li, D., Wang, Y., & Zhu, X. (2023). The optimal cyclical design for a target benefit pension plan. Journal of Pension Economics & Finance, 22(3), 284-303.

Landriault, David & Li, Bin & Li, Dongchen & Wang, Yumin. (2021). High-Water Mark Fee Structure in Variable Annuities. Journal of Risk & Insurance. 88(4), 1057-1094.