午夜探花

• Since 2021: Assistant Professor at the Universit茅 de Lausanne, Switzerland.

• DAAD-Prime Research Fellowship Universit茅 Catholique de Louvain, Belgium.

• Professorship (W2) "Risk and Insurance", TU Munich.

• PostDoc researcher at the Institute of Insurance Science, 午夜探花, Prof. Dr. An Chen.

• Scientific assistant at the Chair of Mathematical Finance, TU Munich, .

• Research assistant at Ryerson University, Toronto, .

• Research and teaching assistant at the University of Toronto, , .

• Life and Pension Insurance, Mathematical Finance, Actuarial Data Science.

• Insurance contract design, contract valuation and (portfolio) risk management.

• Behavioral insurance, adverse selection, moral hazard.

• Optimal control, optimal asset allocation.

Actuarial Science:

• ; ; Hieber, P.: Mixed participating and unit-linked life insurance contracts: design, pricing and optimal strategy. Scandinavian Actuarial Journal, forthcoming, 2021.

• .; ; Gnameho, K.; Hieber, P.: Valuation of hybrid financial and actuarial products in life insurance by a novel 3-step method, ASTIN Bulletin, forthcoming, 2020. [] (open access)

• Chen, A.; Hieber, P.; Rach, M.: Optimal retirement products under subjective mortality beliefs. Insurance: Mathematics and Economics, forthcoming, 2020. [] []

• Chen, A.; Hieber, P.; L盲mmlein, L.: Regulatory measures for distressed insurance undertakings: A comparative study. Scandinavian Actuarial Journal, Vol. 2020, No. 1, pp. 30-43 , 2020. []

• Hieber, P.; Natolski, J.; : Fair valuation of cliquet-style return guarantees in (homogeneous and) heterogeneous life insurance portfolios. Scandinavian Actuarial Journal, No. 6, pp. 478-507, 2019. []  []

• Chen, A.; Hieber, P.; : Constrained non-concave utility maximization: An application to life insurance contracts with guarantees. European Journal of Operational Research, Vol. 273, No. 3, pp. 1119-1135, 2019. []  []

• Chen, A.; Hieber, P.; Klein, J.: Tonuity: A novel individual-oriented retirement plan. ASTIN Bulletin, Vol. 49, No. 1, pp. 5-30, 2019. [] (open access)

• Hieber, P.: Cliquet-style return guarantees in a regime switching L茅vy model, Insurance: Mathematics and Economics, Cliquet-style return guarantees in a regime switching L茅vy model, Vol. 72, pp. 138-147, 2017. []  []

• Chen, A.; Hieber, P.: Optimal Asset Allocation in Life Insurance: The Impact of Regulation. ASTIN Bulletin, Vol. 46, No. 3, pp. 605鈥�626, 2016. [] (open access)

• Hieber, P.; ; : Analyzing the effect of low interest rates on the surplus participation of life insurance policies with different annual interest rate guarantees. European Actuarial Journal, Vol. 5, No. 2, pp. 11鈥�28, 2015. []  [PDF]

Mathematical Finance:

• Hieber, P.: Pricing exotic options in a regime switching economy: A Fourier transform method, Review of Derivatives Research, Vol. 21, pp. 231-252, 2018. []

• , Hieber, P., : Efficiently pricing double barrier derivatives in stochastic volatility models. Review of Derivatives Research, Vol. 17, No. 2, pp. 191鈥�216, 2014. []  [PDF]

• Hieber, P., : Modeling credit portfolio derivatives, including both a default and a prepayment feature. Applied Stochastic Models in Business and Industry, Vol. 19, No. 5, pp. 479鈥�495, 2013. []

• , Hieber, P., : Double-barrier first-passage times of jump-diffusion processes. Monte Carlo Methods and Applications, Vol. 19, No. 2, pp. 107鈥�141, 2013. []  [PDF]

• ; Engel, N.; Hieber, P.; : The Risk Appetite of Private Equity Sponsors. Journal of Empirical Finance, Vol. 18, No. 5, pp. 815鈥�832, 2011. []  [PDF]

• , Hieber, P., ; : Portfolio optimization in a multidimensional structural-default model with a focus on private equity. The Journal of Private Equity, Vol. 15, No. 1, pp. 26鈥�35, 2011. []

• Hieber, P.; : Efficiently pricing barrier options in a Markov-switching framework, Journal of Computational and Applied Mathematics, Vol. 235, pp. 679鈥�685, 2010. []  (open access)

Probability:

• Hieber, P.: First-passage times of regime switching models. Statistics & Probability Letters, Vol. 92, pp. 148鈥�157, 2014. []  [PDF]

• Hieber, P.: A correction note on: When the 鈥淏ull鈥� meets the 鈥淏ear鈥�: A First Passage Time Problem for a Hidden Markov Process. Methodology and Computing in Applied Probability, Vol. 16, No. 3, pp. 771鈥�776, 2014. []

• Hieber, P., : A note on first-passage times of continuously time-changed Brownian motion. Statistics & Probability Letters, Vol. 82, No. 1, pp. 165鈥�172, 2012. []  [PDF]

Hieber, P.: First-exit times and their applications in default risk management, TU M眉nchen, 2013. ]
Ausgezeichnet mit dem Gau脽 Nachwuchspreis 2013 und dem Hamburger Promotionspreis f眉r Versicherungswissenschaften 2014.