Associate Professor | Risk and Insurance
Hickman-Larson Chair in Actuarial Science
5251 Grainger Hall

Biography

Daniel Bauer joined the Wisconsin School of Business faculty in June 2018 as an Associate Professor in the Department of Risk and Insurance.

Prior to joining the faculty at UW-Madison, Bauer was the Dai-ichi Life Insurance Company Endowed Chair in Actuarial Science and Risk Management at Culverhouse College of Commerce at the University of Alabama and Robert W. Batten Chair in Actuarial Science at the J. Mack Robinson College of Business at Georgia State University.

Professor Bauer’s research interests are at the interface of actuarial science, quantitative finance, and insurance economics.

Professor Bauer earned his MS in Statistics from San Diego State University and his PhD in Mathematics from Ulm University.

Research

Selected Accepted Journal Articles

Schilling, K. & Bauer, D. & Christiansen, M. & Kling, A. (2019). Decomposing Dynamic Risks into Risk Components Management Science

Guo, Q. & Bauer, D. (2018). Different Shades of Risk: Mortality Trends Implied by Term Insurance Prices North American Actuarial Journal

Selected Published Journal Articles

Bauer, D. & Kamiya, S. & Ping, X. & Zanjani, G. (2019). Dynamic Capital Allocation with Irreversible Investments Insurance: Mathematics and Economics

Bauer, D. & Fasano, M. & Russ, J. & Zhu, N. (2018). Evaluating Life Expectancy Evaluations North American Actuarial Journal

Bauer, D. & Gao, J. & Monig, T. & Ulm, E. & Zhu, N. (2017). Policyholder Exercise Behavior in Life Insurance: The State of Affairs North American Actuarial Journal

Bauer, D. & Kramer, F. (2016). The Risk of a Mortality Catastrophe Journal of Business and Economic Statistics

Bauer, D. & Zanjani, G. (2016). The Marginal Cost of Risk, Risk Measures, and Capital Allocation Management Science

Monig, T. & Bauer, D. (2016). Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities Review of Finance

Zhu, N. & Bauer, D. (2014). A Cautionary Note on Natural Hedging of Longevity North American Actuarial Journal

Zhu, N. & Bauer, D. (2013). Coherent Pricing of Life Settlements Under Asymmetric Information Journal of Risk and Insurance

Bauer, D. & Phillips, R. & Zanjani, G. (2013). Financial Pricing of Insurance Handbook of Insurance, 2nd Edition

Selected Submitted Journal Articles

Bauer, D. & Zhu, N. (2019). Modeling and Forecasting Mortality Projections

Practitioner-Oriented Publications

Guo, Q. & Bauer, D. & Zanjani, G. (2018). Capital Allocation Techniques: Review and Comparison

Albrecher, H. & Bauer, D. & Embrechts, P. & Filipovic, D. & Koch, P. & Korn, R. & Loisel, S. & Pelsser, A. & Schiller, F. & Schmeiser, H. & Wagner, J. (2018). Asset-Liability Management for Long-Term Insurance Business. European Actuarial Journal

Service

Editorial and Reviewing Activities

Journal of Risk and Insurance - Since January 2019
Editor

North American Actuarial Journal - Since January 2018
Editor

ASTIN Bulletin-the Journal of the International Actuarial Association - January 2012 - December 2018
Editor