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Welcome to the Department of Statistics and Actuarial Science

The Department of Statistics and Actuarial Science is a top tier academic unit among statistical and actuarial science globally. Our students and faculty explore topics such as Actuarial Science, Biostatistics, Data Science, Quantitative Finance, Statistics, & Statistics-Computing. Our department is home to:

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full-time faculty researching diverse and exciting areas

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undergraduate students from around the world

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 graduate students in Master, Doctoral, and professional programs

Interested in graduate studies with Statistics and Actuarial Science? Meet Mingyu (Bruce) Feng, a PhD student in actuarial science. Bruce is a pioneer researcher in the field of sustainable investment and the impact of climate change. Learn more about furthering your education on the Future Graduate page on the Math site.

  1. July 14, 2021Graduate student Yuyu Chen wins the Maplesoft Best Student Paper Award at the 24th International Congress on Insurance: Mathematics and Economics.
    Yuyu Chen

    PhD candidate Yuyu Chen in the Department of Statistics and Actuarial Science recently won the Maplesoft Best Student Paper Award at the 24th International Congress on Insurance: Mathematics and Economics. 

    The 24th International Congress on Insurance: Mathematics and Economics, which took place on July 5-9, 2021 online, is the largest international academic conference in Actuarial Science. Yuyu Chen won one of the three Best Student Paper Awards for the presented paper entitled "Aggregation of two ordered risks with dependence uncertainty" (authors: Yuyu Chen, Liyuan Lin, Ruodu Wang). The Award is sponsored by Maplesoft. 

    In the presented paper, the authors address a problem concerning the aggregation of two random losses when the marginal distributions are known and the dependence structure is unknown, under the additional constraint that one loss is no larger than the other. Such a problem is intimately linked to the recently introduced notion of directional optimal transport in mass transportation theory. The full paper is available online at arXiv.

  2. July 8, 2021Congratulations to Qiuqi Wang, Wenyuan Li, and Yechao Meng being awarded as the 2021-2022 James C. Hickman Scholars
    Hickman Winners

    The Department of Statistics and Actuarial Science would like to congratulate Qiuqi Wang as being one of the four new recipients of the Society of Actuaries (SOA) Hickman Scholar for 2021-2022, and to Wenyuan Li and Yechao Meng for having their stipend renewed.

    The Hickman scholar is a prestigious honour for PhD students in North America who work in fields related to Actuarial Science. According to the description from SOA, each recipient will receive a $20,000 stipend for the 2021—2022 academic year. The program provides stipends to doctoral candidates who will, through their studies and careers, address research and education needs of the actuarial profession.

  3. July 1, 2021The Department of Statistics and Actuarial Science is pleased to welcome Alexander Stringer as an Assistant Professor
    Alexander Stringer

    STRINGER, Alex (BSc, 2014, University of Guelph; MSc, 2015; PhD, exp 2021, both from the University of Toronto), will be joining Department of Statistics and Actuarial Science on July 1, 2021 as an Assistant Professor.  Mr. Stringer is currently completing his PhD in Statistical Sciences at the University of Toronto.

Read all news
  1. Sep. 10, 2021Department seminar by Catherine Donnelly

    Please Note: This seminar will be given online.

    Actuarial Science and Financial Mathematics seminar series

    Catherine Donnelly
    Heriot-Watt University

    Link to join seminar: Hosted on Webex

    TBA

  2. Sep. 24, 2021Department seminar by Christian-Yann Robert

    Please Note: This seminar will be given online.

    Actuarial Science and Financial Mathematics seminar series

    Christian-Yann Robert
    École nationale de la statistique et de l'administration économique Paris (ENSAE)

    Link to join seminar: Hosted on Webex

    TBA

  3. Oct. 15, 2021Department Seminar by Steven Vanduffel

    Please Note: This seminar will be given online.

    Actuarial Science and Financial Mathematics seminar series

    Steven Vanduffel
    Vrije Universiteit Brussel (VUB)

    Link to join seminar: Hosted on Webex

    TBA

All upcoming events

Meet our people

Ben Feng

Ben Feng

Assistant Professor

Contact Information:
Ben Feng

Ben's personal website
Ben's Linkedin page

Research Interests

Professor Feng’s research interests include quantitative risk management, financial engineering, Monte Carlo simulation design and analysis, and nonlinear optimization.

Professor Feng is particularly interested in the intersection of these fields such as statistical machine learning, portfolio optimization, efficient simulation algorithms for risk management, etc. My professional background in actuarial science guides my research towards applying advanced theoretical methodologies to solve complex practical problems.