Welcome to the Department of Statistics and Actuarial Science

The Department of Statistics and Actuarial Science is among the top academic units for statistical and actuarial science in the world and is home to about 50 research active full-time faculty working in diverse and exciting areas. The Department is also home to around 1000 undergraduate students and about 175 graduate students in programs including Actuarial Science, Biostatistics, Quantitative Finance, Statistics, and Statistics-Computing.

Aerial View of MC & M3

We are located on University of Waterloo main campus, which is located at the heart of Canada's Technology Triangle about 100 kilometres west of Toronto.

  1. June 20, 2019READI project gets set to go on co-op education in Indonesia
    Representatives from Indonesia's education ministry, Global Affairs Canada and the READI project


    The Risk Management, Economic Sustainability and Actuarial Science (READI) Project has helped launch a government initiative launched in April that regulates the implementation of co-operative education in Indonesia.

    This initiative is part of the work that READI, housed in Waterloo’s Department of Statistics and Actuarial Science, has been undertaking in Indonesia.

    Read the full article on the Daily Bulletin

  2. June 19, 2019Congratulations Chao Qi (George) Li, winner of the 2019 Samuel Eckler Medal in Actuarial Science
    Eckler Winner - Chao Qi (George) Li

    The Department of Statistics and Actuarial Science is pleased to announce Chao Qi (George) Li as the winner of the Samuel Eckler Medal in Actuarial Science.

    Award description: 

    This prize was established to recognize the contribution of Samuel Eckler to the actuarial profession and is provided by Eckler Partners. The medal, which is cast in gold, is awarded each year to the outstanding graduating student in Honours Actuarial Science.

    "In addition to his outstanding performance in actuarial science, George demonstrated great potential in statistics, his performance in my upper year biostatistics course was phenomenal!"

    LEILEI Zeng, Associate Professor, Department of Statistics and Actuarial Science

  3. June 13, 2019Congratulations Mirabelle Huynh & Wayne Oldford, winners of the annual Department of Statistics and Actuarial Science Teaching Award!
    Mirabelle and Wayne smiling


    The Department of Statistics and Actuarial Science is proud to announce the winners of the 2019 Teaching Award goes to Mirabelle Huynh and Wayne Oldford!

    "Thank you for your commitment to and excellence in teaching"

    Stefan Steiner, Chair, Department of Statistics and Actuarial Science

     

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  1. Aug. 13, 2019Department seminar by Dr. Pavel Krupskiy, University of Melbourne

    Spatial Cauchy processes with local tail dependence


    We study a class of models for spatial data obtained using Cauchy convolution processes with random indicator kernel functions. We show that the resulting spatial processes have some appealing dependence properties including tail dependence at smaller distances and asymptotic independence at larger distances. We derive extreme-value limits of these processes and consider some interesting special cases. We show that estimation is feasible in high dimensions and the proposed class of models allows for a wide range of dependence structures.

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Meet our people

Ken Seng Tan

Ken Seng Tan

Professor

Sun Life Fellow in International Actuarial Science, Chief Actuarial Advisor,  Risk Management, Economic Sustainability, and Actuarial Science Development in Indonesia (READI)

Contact Information:
Ken Seng Tan

Research interests

Professor Tan held a Canada Research Chair in Quantitative Risk Management. His research interests lie at the intersection of actuarial science, finance, mathematics, and statistics. Much of his work relates to the development and implementation of innovative approaches to risk management, scientific computation, and optimal reinsurance.