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MFI candidates

2022 - 2023
Contents
What our industry Message from Program Director�������������������������������������������������������������������������������������������������������������� 4

partners say about Program Outline�������������������������������������������������������������������������������������������������������������������������������������� 5


Foundation of Program���������������������������������������������������������������������������������������������������������������������������� 6

MFI students: Hiring a Work Term Student��������������������������������������������������������������������������������������������������������������������� 6


Partners and Supporters from Industry��������������������������������������������������������������������������������������������������� 7
Ways to Get Involved������������������������������������������������������������������������������������������������������������������������������� 8
What Industry Partners Have To Say�������������������������������������������������������������������������������������������������������� 9
Student Profiles������������������������������������������������������������������������������������������������������������������������������������� 10
Jing Cao��������������������������������������������������������� 12 Songjie (Jack) Lin���������������������������������� 27
“Very impressed by the superb Shurui (Jessie) Cao���������������������������������������� 13 Chen (Corey) Liu������������������������������������ 28
technical skill, creativity, and Andrea Chan�������������������������������������������������� 14 Yi Fu (Cody) Lu�������������������������������������� 29
Ruodan (May) Chen���������������������������������������� 15 Zhi Ye (Michael) Luan��������������������������� 30
professionalism shown by the MFI Senhao Chen�������������������������������������������������� 16 Boris Migan������������������������������������������� 31
student we hired for the summer “Huan has advanced analytical Shupeng (Oliver) Chen����������������������������������� 17 John Ndolo��������������������������������������������� 32
internship..... The work exceeded and learning ability that I am Xinyu (Andy) Cheng���������������������������������������� 18 Jiaxin (Tina) Ni�������������������������������������� 33
Ling Dong������������������������������������������������������� 19 Renee So����������������������������������������������� 34
my expectations.” sure the MFI program greatly Jiayi (Viola) Guo���������������������������������������������� 20 Yiyun Sun���������������������������������������������� 35
Emile Elefteriadis, Swiss Re
prepared her for. I wish I Zefan Huang�������������������������������������������������� 21 Zhewen (Sophie) Sun���������������������������� 36
“Iris made an immediate learned of the program and the Lingyue Kong�������������������������������������������������� 22 Peiyun (Penny) Wu��������������������������������� 37
contribution towards automating our student list earlier.”
Jiayue (Carrie) Li�������������������������������������������� 23 Xinyue (Heidi) Xiang������������������������������ 38
Xinyun (Christina) Li�������������������������������������� 24 Liuqing (Mars) Yang������������������������������ 39
reporting processes such as model Roland Xu, RBC Insurance
Zhengyu Li����������������������������������������������������� 25 Shuyue (Angela) Yu������������������������������� 40
characteristic analysis. She brought a Yixin (Yvonne) Liang��������������������������������������� 26 Shuyu Zhu��������������������������������������������� 41
great attitude regardless of what she
Meet our Alumni����������������������������������������������������������������������������������������������������������������������������������������� 42
was assigned.” 2022 MFI Graduate Award Recipients���������������������������������������������������������������������������������������������������������������������44
Sean Myers, BMO
Message from Program Director Program Outline
After almost two years of silent hallways and empty classrooms, it is a delight to welcome The Department of Statistical Sciences offers the Master of Financial Insurance
back our Master’s students to an in person learning system. Returning from an undesired Program (MFI), a full-time professional program focused on producing students SEPTEMBER
online educational system, gives us the great chance to learn from each other, to work who will become leaders in the global finance, fintech, and insurance industry. TO
together as a team, to spark ideas, to launch new projects and reach new heights that, not The program stands on three pillars: data science, financial mathematics, and DECEMBER
long ago, seemed untouchable. There is no doubt that we all faced challenges, whether insurance modeling. It provides students with education at the interface of these
(Term 1)
personally, professionally or academically, but yet I am confident that we learned a lot in domains with sufficient depth and breadth so that
the last few years and came through these very challenging times much stronger at all levels. students can provide both detailed analysis of finance
and insurance risks, as well as provide a bird’s-eye JANUARY
perspective on how the embedded risks affect the firm TO
Our Masters of Financial Insurance (MFI) professional program was launched in September 2016 as
enterprise wide. APRIL
a result of a continuous increase in industry demand for a very specific class of skilled professionals, with
academic training at the intersection of Data Science, Insurance, and Mathematical Finance. Since (Term 2)
The program is particularly appropriate for students
then, the MFI program has developed and grown at a fast rate, producing highly qualified professionals with backgrounds in statistics, actuarial science,
that are in big demand in a variety of industry sectors such as finance, insurance, fintech, pensions, economics, and mathematics, or students with a quantitative background (such MAY
consulting, to name a few. For the 2023 cohort, we have carefully selected the top 30 candidates (60% as those in physics and engineering). While students have different backgrounds TO
women) from a very strong pool of applications, with an overall acceptance rate lower than 10%. coming into the program, they are trained together as one cohort. In the first AUGUST
semester, students are exposed to core theory and methodology, in addition to
(Term 3)
On one side, our students build on their theoretical knowledge being taught by “world numerous industrial seminars. While in the second semester, they work on a
renowned” academics from one of the top ten Statistics departments in the world. On the variety of case studies and projects led by industry professionals. FROM SEPTEMBER
other side, they are exposed to practical industry related problems, being taught by successful AVAILABLE FOR FULL
industry professionals, with a wide variety of expertise. This exposure and this connection to The MFI Program runs for 12 months, from September to August. Students
TIME WORK!
both academics and industry partners provides our students with a unique learning opportunity take academic courses in the first two terms with the program culminating in
and key insider knowledge. The response we receive from our industry partners with respect to a 16 week work-term placement designed to provide real-world experience in
the quality of professionals our MFI program produces is astonishing, the majority of students finance and/or insurance. As an added bonus students are ready to start
are placed in very challenging and demanding industry positions on completing the program. full time work or extend their contracts into September!
TERM 1 TERM 2
Sarah, Shari, and I are dedicated to the mission of continuously supporting and strengthening Applied Probability for Mathematical Financial Risk Management
our network of industry partners, and we guarantee that by providing MFI students the Finance Finance and Insurance Case Studies
opportunity of a summer, (or longer period), internship or work term, will not only be invaluable Applied Time-Series Analysis Numerical Methods for Finance & Insurance
to the student’s own professional development, but also to your organization. Life Insurance Mathematics Data Science in Practice
Data Science for Risk Modeling One Elective Course in a Related Topic
Andrei Badescu, Professor and Director of the MFI Program Industrial Seminar Series (Part 1) Industrial Seminar Series (Part 2)

4 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 5
Foundation of Program Partners and Supporters from Industry
Traditionally, the finance and insurance worlds are quite distinct, but this distinction is We are immensely grateful for the interest and enthusiasm shown by our ever
disappearing. Financial firms are taking exposure to insurance risks, insurance companies are increasing industry partners in supporting the next generation of industry
providing guarantees to their clients that fundamentally intertwines them with the financial professionals.
markets, and pension plans provide income guarantees which profoundly link their obligations
to the these markets. The Masters of Financial Insurance (MFI) program answers the growing
need from industry to fulfil this unique skill set.
Allianz
Allstate Munich Reinsurance
The MFI is a professional program that provides candidates with a sophisticated understanding Oanda
Aon
of this complex interaction of the financial and insurance fields. The program contains a Ontario Ministry of Finance
Aon Pathwise ™
comprehensive set of offerings and students gain rigorous training in data science, actuarial Ontario Teachers’ Pension Plan
AxiomSL
science and finance. Graduates from this program are versatile and well armed to face OPSEU Pension Trust (OPTrust)
Bank of Montreal
the highly skilled work required of them in the banking, insurance, pension, fintech, and OMERS
Banking Books Analytics
consulting industries. Proviti
Berkshire Hathaway Group Reinsurance
Canada Life Polar Asset Management
Canada Mortgage & Housing Corporation Purpose Investments

Hiring a Work Term Student Coinsquare


CI Investments
PwC
Royal Bank of Canada
CIBC RBC Insurance
CPPIB RSA
You can test drive new “pre-professionals” through a Soochow Securities
Deloitte
cost effective, risk free environment and also shape Scotiabank
d1g1t
the training of future professionals by offering Sun Life Financial
Forester’s Financial
feedback to the program. Bringing an MFI graduate Swiss Reinsurance
Founder Securities
student on board for a work placement either for TD Bank
Great-West Life
the summer term or in an extended contract - as the TD Insurance
Hannover Reinsurance
students are available for full time, or longer term TMX
IBM
contract employment immediately after the summer University Pension Plan
Kroll
- is an excellent way to connect with emerging high Wawanesa
Manulife
achieving professionals, and bring new thinking and Willis Towers Watson
Modellicity
strategy to your organization.
Moody’s Analytics
The students presented in this resume book will be well-prepared to bring their competencies,
knowledge and expertise to your organization over the summer term (May-August), and beyond!

6 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 7


Ways to Get Involved What Industry Partners Have To Say

The MFI Team has been impressed by the enthusiasm and support given by industry “Thank you, team MFI at the University of Toronto, for creating an amazing program
partners. You can be involved not only by providing summer work terms for our candidates with bright, well rounded, hard-working students with amazing knowledge and technical
but also in other ways: skills, ready to contribute in today’s data driven world. Your program is directed by a group of
amazing people who are a true pleasure to deal with and make it simple to communicate.
• Attending our annual fall reception Our MFI intern (Jiayan Yang) was ready to contribute from day one. In her role, Jiayan was involved
in creating multiple strategic predictive models and heavily engaged in automating a reporting
• Delivering a guest lecture to our students package... Her technical skills are exactly
what today’s analytical world requires. Jiayan
surely exceeds my expectation and that’s why
“Thank you, team MFI at the University of
• Hosting a company tour or information session
she was offered a second work term with Toronto, for creating an amazing program with
• Participating on a Panel Discussion our organization. Thank you Jiayan and bright, well rounded, hard-working students
team MFI!” with amazing knowledge and technical skills,
• Sponsoring MFI events such as the MFI Fall Reception or Alumni Socials - Artur Liwski, BMO
ready to contribute in today’s data driven

• Mentoring a student “The MFI program provided me with world.”
key skills and confidence that helped
prepare myself better for entering the
• Providing an informational interview
industry. In recent years, I have hired several new graduates from the MFI program, and can say
with confidence that the program continues to prepare well-rounded
• Offering mock interviews and feedback individuals, who have the ability to provide meaningful contributions

• Hosting an on-campus information session


For anyone who wishes to their teams and be successful in their careers.”
- Alexey Pakhuchiy, MFI 2017 & TD
to develop a very strong
• Hiring a recent graduate foundation of financial Working with the MFI students was a real delight. I saw no shortage of
mathematics and insurance creativity, curiosity, and teamwork. I was also very touched when some of
• Participating on an advisory board and gain the skills to apply my students reached out to me after this course and told me that they’ve
gotten amazing positions and benefited greatly from the course and
them in the real-world, I program. For anyone who wishes to develop a very strong foundation of
strongly recommend UT’s financial mathematics and insurance and gain the skills to apply them in
MFI program!” the real-world, I strongly recommend UT’s MFI program!”
- Basil Singer, CEO, Modellicity Inc.,

8 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 9


Please Note:
Student Profiles Ihitatem ut dis sam, quodit facepr
The student profiles featured here are an overview.

If you wish to review the full résumé of any of our talented


cohort please contact
the MFI Office

(mfi.info@utoronto.ca)

10 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 11


Jing Cao First
ShuruiName
(Jessie)
Lastname
Cao
Jing is an ambitious and hardworking individual with a passion for Jessie has outstanding competency in statistical analysis and
the finance and technology industry. She has almost three years quantitative modelling. She is skilled in data visualization,
experience in the banking industry and holds the Financial Risk predictive analysis and financial reporting that has been cultivated
Manager (FRM) designation. Jing is also working toward the CFA through various actuarial projects and work experience. Jessie also
EDUCATION after completing all three levels. EDUCATION has experience in financial analysis, auditing, and forecasting.
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
TD Bank, Toronto Jan. 2020- Economical Insurance, Toronto May 2022-
Business Insights Analyst Aug. 2022 Actuarial Analyst, Modelling & Pricing Analytics Sep. 2022
BAS (Honours) Engineering Science • Produced & maintained summary views for trading BSc (Honours) • Performed Quote data analysis on company datasets to help
Engineering Mathematics, activities completed in Ion & built pipelines to make views Actuarial Science & Statistics determine the filling rate
Statistics & Finance Option University of Toronto
available to the desk with minimal manual intervention • Monitored DD retention in the private passenger vehicle
University of Toronto 2022
• Demonstrated strong analytical & programming skills when portfolio to assess the business impact of capping override
2019
processing & visualizing trade data coming from various • Converted key data into presentable forms using lookups &
databases using Jypyter, Python, Pyspark, & SQL pivot tables
• Implemented user-friendly interface for traders to access • Carried out the pricing model & updated the data &
summary views with customized requirements variables periodically
SKILLS Developer Associate (Treasury Balance Sheet Management) SKILLS China Securities, Shanghai, China Jul. 2021-
Technical: Python; Spark; SQL; R; SAS; • Initiated rules & testing scenarios in Docstore for TBSM Technical: R; Python;
feeds with SparkSQL Financial Advisor Sep. 2021
Java: TypeScript; JavaScript MS Office Suite; Excel VBA
• Managed aggregation feeds & mapped feeds from different • Tracked stocks in specific sectors, observed industry trends,
databases & provided weekly updates to the senior management team
Developer Associate (Canadian Banking Deposit Account • Conducted market research in the following sectors:
alcoholic beverages, oil and gas, & technology startups
PROFESSIONAL System) PROFESSIONAL • Identified promising startups & forecasted their growth
• Managed DAS files & performed analysis for project cycles
CERTIFICATES/AWARDS with Python and Node.js CERTIFICATES/AWARDS • Reviewed client files, analyzed risk tolerance levels &
Financial Risk Manager (FRM): 2022 • Quickly adapted to developing queries in JCL & SAS to Society of Actuaries transaction patterns, identifying new financial products
CFA (three levels completed): 2021 collect & analyze deposit account data in Mainframe P (Probability); based on various profiles
Candidate FM (Financial Mathematics)
Hydro One, Toronto Aug. 2017- Project: Consulting Project Sep. 2021
Transmission Asset Management Aug. 2018 CFA I Candidate The Co-operators Group Limited
INTERESTS/ACTIVITIES • Scheduled & prioritized maintenance programs & projects • Developed a plan to integrate a green business model within
Sports; Video games for transmission assets based on asset condition, cost INTERESTS/ACTIVITIES the existing corporate structure
budget, transmission reliability & field verification Snowboarding; Swimming; Painting • Interviewed the clients determining main environmental
• Exercised prioritization & organizational skills while Easy United Basketball Team: goals: meaningful contribution to the environment, low cost,
12 defining multiple long-term maintenance strategies Team Manager customer & contractor satisfaction, and rapid deployment 13
Andrea
First Name
ChanLastname First
RuodanName
(May)
Lastname
Chen
With a solid background in actuarial science, finance, and Ruodan is a dedicated, detail-oriented, and highly self-motivated
quantitative analysis, Andrea possesses strong analytical and data and analytics aspirant with a solid understanding of statistical
problem-solving skills. She is a detail-oriented professional with and financial risk modelling, cultivated through past work and
the ability to prioritize and accomplish multiple tasks in a timely project experience. She also has demonstrated strong leadership
EDUCATION manner. Andrea also has great communication skills and can work EDUCATION and communication skills through interactions with clients and
Master of Financial Insurance Master of Financial Insurance
well both independently and collaboratively. team members.
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Robertson, Eadie & Associates, Oakville, ON Jan. 2021- Multi Insurance Retirement & Financial Planning Sep. 2021-
Actuarial Analyst Apr. 2021 Financial Analyst Oct. 2021
BMath (Honours) Co-op Program • Prepared actuarial valuations for both defined benefit & BSc (Honours) with High Distinction • Constructed financial plans for clients & delivered insights
Actuarial Science & Statistics defined contribution pension plans Specialist in Statistical Science; to develop & expand MIRFP’s financial planning tool
University of Waterloo Methods & Practice in Economics;
• Created valuation reports for clients & government filings • Performed analysis on tools, portfolio, & user accessibility
2021 Mathematics Minor
• Planned proposals & examined the impact of multiple risk functions to assess company models
University of Toronto
Dean’s Honour List: 2020; 2021 management solutions for clients 2022 • Collaboratively presented business roadmap to support
President’s Scholarship • Executed & provided pension administration services to development of virtual financial planning platform
corporate clients Dean’s List: 2022 VS Consulting Group, Toronto Apr. 2021-
Workplace Safety & Insurance Board, Toronto, ON Jan. 2020- Consulting Analyst Aug. 2021
SKILLS Actuarial Associate
• Supported estimating COVID-19 impact to the insurance
Apr. 2020
SKILLS
• Revamped client’s Management Scorecard Dashboard in
Excel by developing efficient data processes & pipeline
Technical: MS Office Suite; Excel VBA;
AXIS; SAS; R; Python; Power Query; costs for health care professionals Technical: R; Python; SQL; SAS; Tableau; • Performed testing on dashboards to assess functionality &
• Implemented Excel models into AXIS & modified assumptions AXIS; Excel; MATLAB; VBA data accuracy, diligently follow up on issues with clients
Power Pivot; Java
• Utilized Power Query & Power Pivot to update Excel models • Utilized Excel & Tableau to present & deliver various

PROFESSIONAL
while working on the year-end valuation report PROFESSIONAL dashboard elements with enhanced analytics, visualizations
• Managed & documented procedures for updating the
CERTIFICATES/AWARDS valuation model in Excel CERTIFICATES/AWARDS Project: Bitcoin Price Time Series Analysis & Forecast Jul. 2022-
Project Lead Aug. 2022
Society of Actuaries SAS Certified Advanced Programmer
Sun Life Financial, Waterloo, ON Jan. 2019- [SAS 9] • Utilized R to perform GARCH & GBM analysis on minutely
P (Probability); Business Analyst Bitcoin price to learn & forecast future Bitcoin price
Apr. 2019 SAS Certified Specialist Base
FM (Financial Mathematics)
• Led a team to successfully plan & execute a high-priority Programming [SAS 9.4] • Efficiently conducted R report & presentation to deliver data
database migration project visualizations & model findings
• Upgraded the product life cycle management process using
Excel VBA
INTERESTS/ACTIVITIES Project: Public Engagement About Parks Oct. 2021-
Outdoors; Rock Climbing; Sea Kayaking; Project Developer Apr. 2022
• Created SharePoint sites to merge important documents
INTERESTS/ACTIVITIES with a clear hierarchical structure
Biking & Road trips • Collaborated with the City of Toronto to conduct statistical
Hiking; Fitness; Video editing model analysis on public engagement in Toronto parks
14 • Hosted 20+ structured meetings focusing on global
• Utilized R to engage 40 park surveys & perform ordinal 15
activities & accomplishments
regression to determine factors associated with park visit
Senhao
First Name
Chen
Lastname First
Shupeng
Name(Oliver)
Lastname
Chen
Senhao (Jimmy) has 3 years of experience in wealth pricing in Shupeng has a deep interest in statistics, risk modelling and data
addition to experience in the reinsurance industry from internships. science. He is a professional with a solid academic background in
He has developed skills in quantitative finance investment, statistical estimation and model validation, and passionate about
statistical, problem-solving, and communication that have been applying his expertise in risk management and data analytics.
EDUCATION demonstrated through work experience. EDUCATION
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Bank of Montreal Life Assurance, Toronto Aug. 2019- State Grid Corporation of China May 2021-
Actuarial Associate Present Data Analyst Sep. 2021
BMath (Honours) • Monitored & repriced Single Premium Immediate Annuity BSc (Honours) • Demonstrated proficiency in SQL & Python programming
Actuarial Science & Statistics premium on daily basis using Cannex & GGY Axis Mathematics & Statistics languages by performing debugging procedures &
University of Waterloo University of Toronto
• Updated Segregated Fund model & performed sensitivity tests modifying 50+ subpages of State Grid Internet
2019 2021
• Prepared pricing report including product feature analysis, • Skillfully employed data analysis techniques to generate
sensitivity test analysis, profit metric, & risk analysis UofT Entrance Scholarship: 2017 insightful recommendations for improving operational
• Developed automation tool using Python & MS Excel to perform UofT Dean’s List: 2018; 2019 efficiency while addressing client needs
simulation tests for option/future hedging strategy • Extracted, collected & processed data on leading online
• Prepared Guaranteed Money Investment Annuity report, & financial planning tools to assess application functions,
SKILLS traded ITM option for both Canadian & US market SKILLS operations & user experience
Technical: Macro VBA; R; Access SQL; Hannover Re., Canadian Life Branch, Toronto May 2018- Technical: SQL; R; Python; AXIS;
Python; AXIS
University of Toronto Jan. 2019-
Actuarial Pricing Intern Dec. 2018 MS Office Suite; VBA
Teaching Assistant Dec. 2022
• Assisted in building Axis Model for Term Life & • Constructed informative & engaging weekly tutorial plans,
Participating Whole Life quotes PROFESSIONAL effectively generating interest
• Developed VBA macro & SQL query to set up pricing
PROFESSIONAL assumptions
CERTIFICATES/AWARDS • Provided academic assistance to 300+ students,
Canadian Securities communicating curriculum content effectively to enhance
CERTIFICATES/AWARDS • Analyzed profitability for live quotes & the potential reason student’s mathematical computational & analytical skills;
Canadian Securities Institute
Society of Actuaries
for lower profit than expected using historical data successfully helped students with achieving satisfactory
2021
Associate Actuary: 2021 • Built VBA macro to pick up key information Bloomberg Market Concepts Certificate: score
Reinsurance Group of America, Toronto Jan. 2017- 2021 • Diligently fulfilled marking duties for 500+ student exams,
Actuarial Intern Apr. 2017 IBM Data Science Professional quizzes & other academic assignments, providing
• Converted the Axis model into new version, & prepared the & Certificate extensive feedback & ensuring accurate reporting of grades
INTERESTS/ACTIVITIES new user training guide on SharePoint Sep. 2017-
Table Tennis; Snowboarding; Soccer • Assisted in experience study for accelerated underwriting Dec. 2017 INTERESTS/ACTIVITIES
process UofT Mentor; Varsity Basketball;
• Researched & prepared presentation for Asian Market Track & Weightlifting
16 Longevity Insurance Product 17
Xinyu
First Name
(Andy)Lastname
Cheng First
Ling Dong
Name Lastname
Andy has extensive experience in statistical analysis using both Ling has superior analytical skills with work experience in processing
R and Python, with a comprehensive knowledge of forex market and analyzing large datasets for complex problems. He has strong
trading. He has training in primary market investing strategies, learning agility for new concepts and skills developed through
has superior communication and public speaking skills and highly diverse experience in a variety of industries. A motivated, disciplined
EDUCATION developed leadership ability. EDUCATION and detail-oriented individual, he works equally well independently
Master of Financial Insurance Master of Financial Insurance
University of Toronto
and in a team setting.
University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Midea, Real Estate, Guangdong, China Jul. 2021- Canadian Automobile Association (CAA), Thornhill, ON Sep. 2021-
Financial Analyst Sep. 2021 Actuary Analyst Dec. 2021
BA (Honours) • Researched & reported companies’ background information BMath (Honours) • Processed, validated & analyzed statistical data;
Economics & Statistics & business plans Actuarial Science & Statistics prepared actuarial reports
University of California, Davis (Co-op Program)
• Consulted with CFO’s & investigated companies’ financial • Assisted in product pricing, statistical modelling, actuarial
2022 University of Waterloo
statements indications, & underwriting analysis
2022
Dean’s List: 2020; 2021 • Estimated market volume & companies’ future development • Assisted actuarial team in researching external information
to support new coverages/validate assumptions
Guangdong Nanyue Bank, Guangdong, China Jul. 2019-
The Cooperators, Burlington, ON May 2021-
Marketing Analyst Sep. 2019
Actuarial Assistant Aug. 2021
SKILLS • Advertised financial assets & products SKILLS • Performed contract boundary calculations for benefits &
Technical: R; Python; • Developed pricing strategies according to market behaviour Technical: VBA; SQL; SAS; R; Python; features that are available on life insurance products
MS Office Suite • Targeted potential customers based on customers’ Tableau; MS Office Suite • Assisted in grouping of insurance contracts including
preferences & behaviours
determination of the thresholds to be used
PROFESSIONAL • Assisted in validating AXIS models & actuarial assumptions
Chinese Student Union Oct. 2020-
CERTIFICATES/AWARDS Business Officer Mar. 2022 • Assisted in validating IFRS 17 model results
CFA 1 Candidate • Negotiated & maintained business relationships PROFESSIONAL
Munich Re Group, Singapore Sep. 2020-
Diversity Leadership Development
with sponsors & institutions CERTIFICATES/AWARDS Actuarial Assistant Dec. 2020
Society of Actuaries • Assisted with actuarial valuation modelling for term life
Program (DLDP) Certificate: 2019
P (Probability); products by updating best-estimate assumptions &
Project: Bitcoin Price Simulation Summer 2022 FM (Financial Mathematics); automating scenario generation
INTERESTS/ACTIVITIES • Used GARCH model to estimate the daily return volatility IFM (Investment & Financial Markets);
• Participated in Experience Studies to calculate A/E ratios &
Foreign Exchange Swing Trader • Simulated price path using ARIMA model Candidate FAM (Fundamentals of
• Used GBM model to estimate the drift & volatility Actuarial Mathematics adjust raw A/E ratios with selected credibility factors
[self-trading]
• Simulated price path using GBM model • Collected data on quotations & product features of term life
Learning languages
Diversity Leadership Development • Generated a present value distribution of a crypto- INTERESTS/ACTIVITIES insurance contracts & developed analyses to drive insights for
Program (DLDP): Group Leader linked insurance contract primary insurers based on their business strategies
Basketball;
18 Hospital Volunteer
• Reviewed an Experience Study report for Critical Illness; 19
presented key findings & recommendations
Jiayi
First (Viola)
Name Lastname
Guo First
ZefanName
Huang
Lastname
Jiayi is an enthusiastic actuarial student with a strong background Zefan has a solid knowledge base and practical experience
and in-depth understanding of fundamental actuarial calculation in performing in-depth financial analysis using a variety of
processes, developed through actuarial projects. She is a quick programming tools. He has great organizational and communication
learner, self-motivated with intellectual curiosity, and proven ability skills, is a quick learner, with developed leadership qualities
EDUCATION working in fast-paced working environments while maintaining EDUCATION demonstrated through various projects.
Master of Financial Insurance Master of Financial Insurance
high work priorities.
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
American Express Aug. 2021- Ping An Life Insurance, Shanghai May 2021-
Business Analyst Oct. 2021 Actuarial Analyst Aug. 2021
BSc (Honours) • Used Pestle analysis to examine impact of COVID-19 BSc (Honours) • Assisted in building the pricing model on historical
Specialization in Actuarial Science on business operations; identified new consumer Mathematical Applications in expense & morbidity tables with the assumption on PT, BEA
University of Western Ontario Economics & Finance Specialist
expectations, trends, & behaviors during the pandemic & RM
2022 University of Toronto
• Ranked & prioritized alternative products with the • Performed in-depth market research analysis on industry’s
2022
Dean’s Honour List: 2018-2022 decision matric; evaluated strengths & weaknesses of products & services to explore any potential business opportunity
Western Scholarship of Excellence: current market offerings Dean’s List: 2022 • Utilized Excel Pivot to build & maintain customized
2018 • Developed & drafted plans for Amex on new solution dashboards, tailored reports & communicated analyses
implementations & sales target settings; compiled • Demonstrated strong communication skills by presenting &
SKILLS research findings & suggestions for formal report SKILLS interpreting analytical results to non-technical colleagues
• Prepared detailed report identifying future client needs; Technical: Python; SQL; R; • Generated weekly report with actionable recommendations to assist
Technical: AXIS; Python; R; SPSS;
recommended future marketing strategies Advanced Excel; VBA manager in data-driven decision-making
Excel VBA; MS Office Suite
Industrial & Commercial Bank of China, Guangdong, China May 2021- Xinri Equity Investment Co., Ltd., Shanghai Jan. 2019-
Intern, Financial Technology Aug. 2021 Investment Data Analyst May 2020
PROFESSIONAL • Developed RFM model to simulate data generation & • Performed investment research on various companies
automation of the data processes, increasing efficiency by 80% PROFESSIONAL
CERTIFICATES/AWARDS using fundamental & technical analysis to assess each
P (Probability); Project: Retirement Consulting Actuarial Case Study 2021 CERTIFICATES/AWARDS opportunity
FM (Financial Mathematics); • Calculated actuarial liability, normal cost, present value FRM Candidate: 2022 • Identified abnormal market trends such as overly high P/E
SRM (Statistics for Risk Modelling); of future normal cost, & present value of future benefits ratio, analyzed issues offering alternative resolutions
All VEE Components by using the Traditional Unit Credit Method & Projected • Proactively monitored daily financial market volatilities
Unit Credit Method from Bloomberg to identify & reduce potential risk exposures
INTERESTS/ACTIVITIES • Calculated the annual CPP contribution made by the employees
INTERESTS/ACTIVITIES • Integrated data from various sources & automated data
Chinese Students & Scholars Assoc. & the employer, calculating the expected annual CPP benefit input process via VBA, improving data processing efficiency
Movies; Japanese crime novels
Assistant President & Marketing Director • Explained the key differences & pros/cons of defined-benefit • Analyzed & evaluated cash flow statement to obtain stable
Event Director [UT Chinese]
Yoga; Piano; Cooking pension plans & defined-contribution pension plans to clients; cash flow for the purpose of company evaluation
provided suggestions (DC plan over DB plan) based on client
20 company’s goals & risk mitigation preferences
21
Lingyue
First Name
Kong
Lastname Jiayue (Carrie) Li
Lingyue possesses a solid analytical background in Statistics Jiayue is passionate about data analytics in the financial industry
and Economics with working experience in financial analyst and has gained expert skills in data analysis, time-series
roles. Lingyue has great interpersonal skills and is experienced in modelling, predictions, and data visualization. Jiayue is also a great
delivering engaging presentations, conveying analytical results and problem solver and proved to be excellent with time management,
EDUCATION insights effectively to both technical and non-technical audiences. EDUCATION communication, and critical thinking.
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Qitian Technology Co., Ltd., China Jan. 2022- Bank of China, Kunming, China Aug. 2021-
Financial Risk Analyst, Market & Liquidity Risk Division May 2022 Customer Manager’s Assistant Sep. 2021
BSc (Honours) • Analyzed the company’s current asset stock in relation to its BSc (Honours) • Monitored current & potential client numbers
Mathematics Application in cash flow requirements to assess its viability under stressful Mathematics & Statistics • Conducted analysis on potential clients, market &
Finance & Economics Specialist University of Toronto
conditions consumer behaviour trends to develop strategies
Economics & Statistics Minor 2022
• Researched the volatility of yield spreads, cost estimation, lag • Constructed financial models using R to generate
University of Toronto
2022 earnings, & conduct deviation analysis against the predictions on number of potential clients
expected loan conditions in the original financing package to Appficiency Inc., Remote, Canada Aug. 2021
determine early warning indicators
• Used the model to analyze the trend & predict the future
SKILLS Business Analyst
SKILLS performance to then predict the schedule delay of the project
Technical: Python; SAS; R; SQL • Conducted research on NetSuite competitors operating
Technical: Python; R; SQL; SAS; MATLAB; within European markets to assess business models
Jiangsu Xiaoqi Oufei Technology Co., Ltd., China Jul. 2021- • Employed findings to determine 3 high priority countries
MS Office Suite
Financial Assistant Aug. 2021
PROFESSIONAL for expansion initiatives, constructing detailed reviews
Language: English; Mandarin; Italian • Calculated the cash flow of about $1 billion & participated CERTIFICATES/AWARDS • Formulated business design to materialize development,
in the preparation of the company’s financial statements SAS Global Certification Program detailing critical executive activities, logistics operations
PROFESSIONAL • Designed Python pipelines to improve the vulnerability of Base Programming Specialist &
Advanced Programming Professional
& project timelines to secure successful emergence within
inaccurate accounting amount caused by overlapping time target region
CERTIFICATES/AWARDS • Organized & processed reimbursement documents for Certificate:
Tomorrow Advancing Life [TAL] Education Group, Beijing Jul 2021-
Certified Base & Advanced Programmer 2019
daily office work Product Operations Analyst Aug. 2021
for SAS 9.4: 2019
CFA: Level 1 Candidate Nanjing Zhiqiyun Information Technology Co., Ltd., China Jul. 2020- FRM Part I: 2022 • Monitored & analyzed daily & weekly data regarding active
Louis Savlov [UC’37] Scholarship : 2022 Data Analyst Aug. 2020 users within company application
• Designed, implemented, & maintained a SQL database to Mary Isabel (Park) Hodgkinson Scholarship: • Employed various research methodologies including
achieve better data management for public security system 2021 conducting interviews with internal team members &
INTERESTS/ACTIVITIES constructing analysis models to examine sales, user
Chinese Zither [grade 10];
• Assisted companies in designing their computer software INTERESTS/ACTIVITIES experience feedback data & consumer demands, utilizing
products to help the police system, banks, courts & other UofT ETC Investment Group:
Cooking & Baking; Fitness: Badminton; findings towards identifying market gaps
Photography bodies analyze complex data Events Planner: 2019 - 2021
• Wrote efficient SQL queries & built-up analytical network • Designed competitive analysis models to assess competitor
22 using the flow data of financial banking
Tennis; Ping Pong; Skiing; Skating; Violin
products and services to enhance market capital 23
Xinyun (Christina) Li Zhengyu Li
Xinyun has successfully led teams in professional and academic Zhengyu has excellent attention to detail and prioritization skills
settings to develop valuable process solutions and meet business especially when conducting risk analysis and business evaluations.
objectives. She is motivated and ambitious with thorough He is a passionate team player and has proven ability to manage
knowledge in statistics, mathematics, and economics. Xinyun is complex problems, determine root causes and ascertain innovative,
EDUCATION also passionate about data analytics and is detail oriented with EDUCATION practical solutions utilizing exemplary critical thinking skills.
Master of Financial Insurance Master of Financial Insurance
exceptional communication skills.
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Etesian Business Consulting Company, Shanghai, China May 2021- Bank of Montreal, Toronto Aug. 2021-
Business Analyst Aug. 2021 Project Consultant Sep. 2021
BSc (Honours) • Collaborated with Business Analyst Team on project for BSc (Honours) with High Distinction • Investigated complex issues within BMO’s Global Risk
Statistics, Economics & Mathematics key client, TESLA, developing marketing strategy to achieve Mathematical Applications in Management processes & explored innovative strategies,
University of Toronto Economics & Finance Specialist
business objectives & expected growth rate policies & protocols
2022 Statistics Major
• Spearheaded discussions to determine client’s needs based • Examined core components of open bank architecture &
University of Toronto
on emerging market trends & pinpoint key areas of focus; 2022 role of machine learning within operational risk management
conducted industry analysis on automobiles & new energy • Collaborated effectively with team members & participated
vehicles Dean’s List Scholar: 2020; 2021 actively in discussions regarding various solutions;
• Performed competitive analysis to identify & compare new coordinated final presentation for Senior Management to
SKILLS energy vehicles offered by competitors, examining SKILLS highlight professional recommendations & critical insights
Technical: R; Python; SQL; MATLAB pricing strategies, marketing plans etc. Technical: R; Python; AXIS; SQL;
• Conducted consumer analysis by designing & distributing MS Excel Wuhan Yangtze River Economic Development Zone May 2022-
surveys to existing & prospective customers to augment Automobile Industry Investment Fund Management Co., Jul. 2022
understanding of behavioral preferences Language: Bilingual fluency in English Wuhan, China &
& Mandarin Operations Assistant May 2021-
PROFESSIONAL • Utilized findings to formulate strategies
• Consolidated knowledge & experience with fund Jun. 2021
CERTIFICATES/AWARDS Tanxiaoxing Business Management Consultation Co., China May 2020-
PROFESSIONAL operations & fund management to support long-term
Dean’s Honour List: 2019-2022 Data Analyst Aug. 2020 objectives of increasing client’s activity through
David Clandfield Scholarship for • Analyzed warehouse picking efficiency based on CERTIFICATES/AWARDS allotment of funds
International Students: 2021 quantitative performance to identify problems in Financial Engineering & Risk • Assisted Fund Leader by completing daily data
New College Council In-Course operations & provide immediate solutions Management Part I & II collection tasks with accuracy and efficiency
Scholarship: 2021 Columbia University: 2021
• Collaborated with team to examine performance data • Generated detailed monthly reports summarizing
in Excel, processed data to pinpoint missing values & findings & leveraged strong communication skills when
INTERESTS/ACTIVITIES outliers before performing analysis identifying picking presenting report to Fund Sponsor
UofT Mathematics Help Centre,
Volunteer: 2018-2022
efficiency INTERESTS/ACTIVITIES • Successfully contributed to client’s long-term
Violin; Swimming • Studied correlations between efficiency & existing variables Basketball; Golf; Video Games investment goals & gained extensive comprehension
to investigate critical influences of fund management techniques
24 25
Yixin (Yvonne) Liang Songjie (Jack) Lin
Yixin has strong data analysis and visualization skills acquired Songjie has solid financial knowledge in quantitative modelling
through work experience along with demonstrated quantitative and and is a valuable team player with excellent written and verbal
qualitative research skills from her academic experience. She has communication skills, through leading and supporting weekly
excellent interpersonal skills and has passed both Level I and II of huddles. Songjie also has proven project management and time
EDUCATION the Financial Risk Manager (FRM) designation. EDUCATION management expertise, with outstanding analytical and innovative
Master of Financial Insurance Master of Financial Insurance
University of Toronto
problem-solving skills.
University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Xu & Xie CPA LLP, Richmond Hill, Ontario May 2022- University of Toronto, Toronto Sep. 2022 -
Valuation Analyst Intern Aug. 2022 Teaching Assistant Present
BCom (Honours) • Evaluated convertible debenture by customized BMath (Honours)
• Assist with grading student homework including written
Finance & Economics Specialist Geometric Brownian motion model with warrant options Actuarial Science & Statistics
Statistics Major University of Waterloo reports & assist with the grading of tests and exams
• Used Black-Scholes model to verify the warrant value • Hold office hours to answer questions & concerns regarding
University of Toronto 2021
• Applied discounted cash flow approach to calculate the fair lectures, assignments, & exams
2022
value of debt component with repayment feature UWaterloo President’s Scholarship: • Facilitate & evaluate student engagement on online
Dean’s List: 2019-20; 2020-21 • Estimated the fair market value for tax reorganization purpose 2019 discussion boards by using online tools, such as Zoom, &
Innis College Achievement: 2020 by maintainable earnings valuation method Piazza
• Prepared the memo for reviewing the purchase price allocation SKILLS Royal Bank of Canada, Waterloo, ON Jan. 2022-
related to the acquisition Technical: R; Python; SQL; AXIS;
SKILLS MS Office (Advanced)
Client Advisor Aug. 2022
Technical: Python; R; Tableau; MATLAB; RIES Positioning Strategy & Consulting, China Feb. 2021- • Connected with clients & delivered outstanding service
SAS; Excel; Stata; SQL Market Analysis Intern May 2021 PROFESSIONAL experience through completing day-to-day transactions
• Focused on expanding electric vehicles to European
market by providing differentiated strategies & user portraits
CERTIFICATES/AWARDS • Contributed to the team results by spotting opportunities
PROFESSIONAL • Searched through macro data & research reports
Society of Actuaries to offer additional banking products & referring clients to
P (Probability); experienced RBC professionals to fulfill their financial needs
CERTIFICATES/AWARDS regarding market situation & flagship electric vehicles FM (Financial Mathematics); • Actively reviewed financial products available to clients
Financial Risk Manager Part I & II: 2022 • Visualized & determined the market size, penetration rate IFM (Investment & Financial Markets); that would help them meet their short & long-term financial goals
& related policies for selected flagship electric vehicles Candidate FAM (Fundamentals of Actuarial
Canadian Securities Certificate: 2020 Mathematics) Project: Markowitz’s Portfolio Optimization Jan. 2022
Research Project: University Academic Performance Sep. 2021- VEE: Economics; Corporate Finance; University of Waterloo
SAS Certified Base & Advanced Applied Statistics • Collected data by selecting ten stocks listed on the
• Selected target independent variables based on the Apr. 2022
Programmer for SAS 9: 2019 Canadian Securities Course American exchanges & the S&P 500 index from 2019 - 2021
primary & secondary hypothesis questions
• Cleaned data set & replaced missing values • Employed R to calculate daily returns; estimated the
INTERESTS/ACTIVITIES • Employed the ordinal logistic regression model in R to Robert Brown Award in Actuarial Science expected return for individual stock & the correlation
Debate Club:
[organized competitions
determine factors affecting students’ academic grades INTERESTS/ACTIVITIES between stocks
• Visualized regression results with Forest Plot RBC 2022 Q2 Royal Performance Winner; • Compared portfolio’s optimal in-sample performance with
26 & participated in the debates]
Referral Olympic Winner; Cooking the training set & out-sample performance with the testing set 27
Chen (Corey) Liu Yi Fu (Cody) Lu
Chen possesses extensive knowledge and a strong interest in Cody is an aspiring data-focused professional with extensive
economics, business evaluation, and data management. He modelling experience and passion for data science and machine
also has superior oral and communication skills demonstrated learning. He has in-depth understanding and experience leading
interacting with clients. Chen takes ownership and responsibility insurance pricing model building, selection and implementation
EDUCATION for tasks with enthusiasm for problem solving, working well under EDUCATION processes. A fast learner, he is able to multi-task on various projects
Master of Financial Insurance Master of Financial Insurance
pressure meeting tight deadlines. simultaneously to a high quality.
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Amazon Inc., Toronto Aug. 2021 Allstate Canada, Toronto Sep. 2018-
Business Analyst Actuarial Consultant present
BA (Honours) • Developed substantial understanding of business platform BSc (Honours) with High Distinction • Led the team on revamping auto & property rating plan
Economics - Finance Specialization • Conducted extensive research to collect & study quantitative Actuarial Science & Statistics using GLM & performed model selection, validation, &
Mathematics University of Toronto
data, utilizing findings towards determining potential regulatory filing to obtain approval on the implementation
International Trade Minor 2020
locations to support company expansion of the new model, which has demonstrated a significant
University of Waterloo
2021 • Performed evaluations on expansion opportunities, improvement in profitability, growth, & market competitive
examining consumers & planet dimensions of Triple Bottom position
Line (TBL) to determine the feasibility of business schemes
SKILLS • Worked with IT & underwriting departments during the
Technical: SAS; Excel VBA; Tableau;
UAT process to ensure the smooth implementation of the
Shenzhen Anhaoruihe Electronics, Richmond Hill, ON Jan. 2021- Python; R; SQL;
SKILLS Business Analyst Jul. 2021
new rating model as well as providing expertise on the
Technical: Python; SQL; R; Stata; • Leveraged proficiency in professional software to establish PROFESSIONAL model parameters & identifying potential system defects
MATLAB; Box; Salesforce; • Completed multiple segmentation & experience analysis
Bloomberg Terminal; MS Office Suite
regression models & find factors influencing profits CERTIFICATES/AWARDS through indications to achieve profitability & growth in
• Developed periodic reports for main departments reference, Society of Actuaries
all property lines. Created new processes and tools to
Microsoft Office Elements: 2020 providing a summary of the company’s previous economic P (Probability);
FM (Financial Mathematics);
improve efficiency by 80% & accuracy of analysis by 30%
conditions & delivering innovative strategies to increase
market dominance IFM (Investment & Financial Markets); University of Toronto May 2018-
PROFESSIONAL • Liaised with cross-functional teams to conduct market analysis Casualty Actuarial Society Research Assistant Aug. 2018
MAS1 (Modern Actuarial Statistics I);
CERTIFICATES/AWARDS Trylon TSF Inc., Brampton, ON Sep. 2019- MAS2 (Modern Actuarial Statistics II);
• Assisted Professor with deriving the general
Machine Learning with Big Data; Basic Techniques for Ratemaking &
multi-variate expression for local poly-regression
Engineering Services Assistant Dec. 2019
University of California San Diego: 2021 Estimating Claim Liabilities; parameters by using various data sharpening &
• Assisted engineers regarding projects, communicating
Bloomberg Market Concepts: 2021 Regulation & Financial Reporting (Canada) kernel smoothing techniques
relevant information & maintaining consistent
Risk Management & Insurance Operations; • Worked independently under minimal supervision &
President’s Scholarship: 2015 correspondence to achieve plans
Insurance Accounting, Coverage, Analysis, instruction, providing weekly updates to the Professor
• Conducted estimations towards determining project’s
Insurance Law & Insurance Regulation
INTERESTS/ACTIVITIES profitability margins, performing extensive analysis XcitClub, Data Science Project May 2018-
Tennis; Badminton; Snowboarding; • Skillfully leveraged knowledge of engineering concepts INTERESTS/ACTIVITIES Data Science Intern Aug. 2018
UofT: Student Mentor;
28 Puzzles; LEGO to design Excel macro, implementing design strategies
International Cantonese Union: President
• Researched & presented on data science techniques such 29
as neural network algorithm on its potential application
Zhi Ye (Michael) Luan Boris Migan
Michael is an aspiring risk analyst with a mathematical Boris has a solid knowledge base of computer applications and
background and wide variety of technical skills. He has experience is very tech-savvy and passionate about new technologies. He
in quantitative financial analysis, statistical research and data has superior communication skills in English, French & Russian
collection. Furthermore he also has experience in software and acquired through studying and living in different countries. Boris
EDUCATION website development. EDUCATION has a strong work ethic, great team spirit, and commited to creating
Master of Financial Insurance Master of Financial Insurance
University of Toronto
outstanding performing teams.
University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Canadian Sheep Federation, Williamsburg, ON Jun. 2021- Advantage Communication Inc., PEI Nov. 2018-
Financial Analyst Sep. 2021 Technical Support [Bilingual] Sep. 2022
BSc (Honours) • Performed quantitative analysis on Canadian national BSc (Honours) Actuarial Science • Assisted customers with technical issues in French &
Specialist in Mathematics livestock industry over last 20 years using various Minor in Business & Statistics English
Statistics Minor University of Prince Edward Island
statistical methods from data from self-designed survey & • Troubleshoot Issues related to internet, TV, cellphone,
University of Toronto 2022
industry metrics provided by various companies online website, software on android, Windows OS, macOS
2022
• Conducted pioneering research of Canadian sheep University of Yale • 5/5 customer service experience (CES) for 7 consecutive
industry to correct statistical errors in an overlooked sector Honors Certification months
of Canadian agriculture from Statistics Canada Financial markets [under the guidance of University of Prince Edward Island (UPEI), PEI Sep. 2019-
• Led team to design & implemented survey to obtain Prof. Robert Shiller]
Teaching Assistant Apr. 2020
SKILLS financial/agricultural metrics for sheep farmers across 2021
• Led two classes of undergraduate students (over 100
Canada
Technical: AXIS; Python; R; Java;
Javascript; SQL; Git; LaTeX; • Presented summary statistics/results of modeling of
SKILLS students in each class)
Technical: Java; Excel VBA; R; Python • Assisted the professor during tutorials in linear algebra
MS Word/Excel; MATLAB livestock industry upon demand to directors
1st- & 2nd-year undergraduate levels
Merit Ontario, Mississauga, ON Jun. 2018- Language: French; English; Russian • Graded assignments & scheduled weekly explanatory
PROFESSIONAL Database Engineer/Jr. Analyst Dec. 2019 sessions & office hours for students
CERTIFICATES/AWARDS • Maintained database with Excel & cloud database for client
PROFESSIONAL
Canada Summer Jobs Excellency Award: payments CERTIFICATES/AWARDS Project: Bitcoin Analysis 2022
2018 • Provided database query support for sales agents & Academic Excellence Award [UPEI] • Generated sample paths of future bitcoin Using GARCH
University of Toronto Scholar: 2020 executives on demand 2018 - 2022 model & then Geometric Brownian motion (GBM)
• Conducted research on competing associations for • Using simulations generate a distribution of the present
INTERESTS/ACTIVITIES financial feasibility of features offered by associations Dean’s List of Honours [UPEI]
2021 - 2022
value of crypto-linked insurance contract
VP University of Toronto Scarborough Project: Interstate Variations in Mortality U.S.A. 2021
Debate Club Self-Employment, Scarborough, ON Sep. 2018-
Tutor, Computer Science, Calculus Apr. 2022 • Analyzed General Mortality trends
University of Toronto Concert Band:
Brass Member (Euphonium, Trombone • Taught first-year university level calculus & computer INTERESTS/ACTIVITIES • Identified causes of death explaining variability in
& Tuba) science to students in weekly virtual meetings Sports; Travelling mortality across states
30 31
John Ndolo Jiaxin (Tina) Ni
John is an aspiring analytical engineer with two years data Jiaxin is a highly motivated candidate with an academic background
analytics experience in the finance industry, working on a variety in actuarial and financial mathematics. She has excellent data
of industrial initiatives. He has a solid foundation in machine analysis and visualization skills with experience in Market Research
learning, mathematical model construction, decision-making, and Trend Analysis.
EDUCATION presentation, and research, with a deep interest in data science for EDUCATION
Master of Financial Insurance Master of Financial Insurance
risk management.
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Equity Group Foundation, Nairobi, Kenya Sep. 2021- University of Toronto Sep. 2022-
Monitoring & Evaluation Officer Feb. 2022 Teaching Assistant Present
Machine Learning [Taught Masters] • Data management & data analysis of over 37000 clients BSc ( Honours) • Lead tutorials, grade homework, quizzes and tests, hold
African Institute for Mathematical • Coordinated data collection & data entry process Actuarial & Financial Mathematics office hours
Sciences [AIMS], Senegal Statistics & Economics Minor
• Supported management of databases for effective • Communicate with students using interpersonal & problem
2022 McMaster University
managerial decision making solving skills
BSc (Honours) Actuarial Science 2022
• Conducted baseline & evaluation surveys • Enhance time management ability managing TA
Jomo Kenyatta University of
responsibilities with study commitments
Agriculture & Technology [JKUAT] Equity Bank Kenya Limited, Nairobi, Kenya May 2019-
2019 United Nations E-Government Survey Aug. 2021-
Reconciliation Analyst May 2020
Volunteer Sep. 2021
SKILLS • Analyzed figures, postings & documents to
maintain accounting program accuracy
SKILLS • Assisted with research project for United Nations
Technical: Python; R; AXIS; Excel; SQL; Technical: Python; R; MATLAB; SAS; Excel
• Streamlined daily reporting information entry for efficient E-Government Survey by completing pilot assignment for
Latex; SPSS; MS Office
record keeping purposes Language: English; Mandarin; Member State & Local Government Questionnaires
• Reconciled accounts, managed audits & updated French (novice)
PROFESSIONAL financial records with remarkable accuracy CIBC, Remote Jun. 2021-
CERTIFICATES/AWARDS • Supported customer disputes resolution & risk PROFESSIONAL Financial Analyst Jul. 2021
investigations • Conducted research on market & industry trends with focus
MasterCard Foundation Scholarship:
• Supported & tested automation processes of
CERTIFICATES/AWARDS on online cash management services, supporting CIBC to
2022 CFA Level I Candidate
Machine Learning African Scholarship reconciliation accounts maintain competitive edge in current market
Co-operators Fourth Workshop • Assisted with expanding CIBC’s global footprint by
Google & Facebook: 2022 [2nd prize]: 2022
Meritorious Award: Canadian High
Project: Toxic comments classification challenge using Aug. 2022 developing extensive pros and cons comparison of specific
machine learning techniques (Multinomial Naive Bayes & Process Data from Dirty to Clean
Commissioner in Ghana services & devising actionable strategies based on SWOT
Certificate [Google]: 2021
Logistic Regression) analysis
Excel Skills for Business: Essentials &
INTERESTS/ACTIVITIES • The project’s objective was the application of simple
Intermediate Certificate: 2021 • Increased team efficiency by effectively liaising with
Sports; Travelling; Reading business news; machine learning techniques in building a multiclass- financial analysts to complete research & analysis efforts
Treasurer [Christian Union]; headed model capable of detecting different types of INTERESTS/ACTIVITIES • Demonstrated superb communication skills through
Math Club Chair; toxicity like threats, obscenity, insults & identity-based The Co-operators Workshop: presenting information to senior management, receiving
32 Library Captain;
Science Club Chair
hate 2021 & 2022 high praise for critical insights into business needs 33
First Name
Renee So Lastname First
YiyunName
Sun Lastname
Renee has a strong foundation in actuarial science and data Yiyun has extensive training in statistical modelling, data
analytics through education and work experience. She has excellent interpretation and data management. She also possesses great
interpersonal skills and the ability to work in a multicultural attention to detail with a particular emphasis on time management
environment. Renee is highly motivated, organized, attentive to and communication skills.
EDUCATION detail, and able to work collaboratively and independently. EDUCATION
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Swiss Reinsurance Company Ltd., Toronto, ON May 2022- KPMG, Toronto Oct. 2021
Actuarial Intern, U.S. Life & Health Valuation Aug. 2022 Consulting Analyst
BSc Financial Actuarial Mathematics • Provided support to the team in completing quarterly BSc (Honours) • Evaluated post-COVID-19 pandemic professional
University of California, Los Angeles valuation under STAT, US GAAP, and EVM bases on assigned Mathematics & Statistics landscape & identified opportunities for KPMG to
2020 University of Toronto
portfolios, including reconciliations & assumption changes launch new technology products & solutions
2022
• Conducted termination, lapse, & incidence assumptions • Constructed analysis models to examine corporate
change in AXIS & performed modeling requests competitors’ operations to pinpoint newly formed market
• Compiled & summarized actuarial data using Excel & Power gaps & consumer demands
BI, & assisted with reporting • Presented proposed strategies to increase capital & market
SKILLS • Participated in events organized by Actuarial Development share while also detailing timeline of project progression
Technical: AXIS; R; Python; Power BI;
Program (ADP) to gain exposure to the reinsurance industry SKILLS Noah Holdings, Beijing, China Aug. 2021-
Excel VBA; C++ Technical: Python; R; Google Analytics; Configuration Consulting Intern Oct. 2021
TSA Metals, Rosemead, CA [U.S.] Jan. 2021-
MS Office Suite • Produced reports to highlight market insights within North
Business Operations Analyst Apr. 2022
Language: English; Cantonese; China region, examining distribution & demographics of
• Used quantitative methods to analyze current &
Mandarin
historical inventory data to improve inventory efficiency individuals with high-net worth within each region and
PROFESSIONAL • Observed business operations in marketing, sales, &
PROFESSIONAL
PEVC records of listed companies
logistics & provided suggestions to improve operational • Conducted competitive analysis on competitors’ products,
CERTIFICATES/AWARDS efficiencies between departments CERTIFICATES/AWARDS compiling portraits of securities & internet-based
Society of Actuaries • Assisted with pricing analysis to effectively respond to companies
Dean’s List Scholar: 2021
P (Probability); • Using Excel, sorted & analyzed new client amounts, level
changing market trends New College Council Scholarship:
FM (Financial Mathematics);
• Analyzed the company’s sales & financial status in Excel 2019-2021 changes & contact information of various financial
IFM (Investment & Financial Markets);
planners & clients
VEE Economics;
Circle K International, Cupertino, CA [U.S.] Jan. 2017- NetEase, Beijing, China Apr. 2021-
VEE Mathematical Statistics
Vice President of Service Jan. 2018 INTERESTS/ACTIVITIES
Strategy Analyst Jul. 2021
INTERESTS/ACTIVITIES • Sourced and coordinated service events UofT Chinese Undregraduate Association:
Market Coordinator • Performed regular analysis on pre-class & conversion
Cooking; Dog Sitting; Volunteer Work • Established leadership training program data of NetEase Youdao junior high school’s online
• Organized social events for members language courses to provide innovative strategies to
34 Piano; Skating; Badminton
increase sales & drive business growth
35
Zhewen
First Name
(Sophie)
Lastname
Sun First Name
Peiyun Lastname
(Penny) Wu
Sophie has a solid understanding of regular actuarial processess, Peiyun is a highly motivated, energetic, result-driven fast-learner
data reconciliation, sensitivity testing, and IFRS 17 transformations with a strong work ethic and excellent communication skills. She
from work experience. She is a highly motivated individual with has a working knowledge of business project management and
superior interpersonal and communication skills in addition to experience working in agile product management and delivery
EDUCATION outstanding analytical skills. EDUCATION through work experience in data science, business analytics, and
Master of Financial Insurance Master of Financial Insurance
University of Toronto
quantitative finance.
University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
Empire Life Insurance, Kingston, ON May 2022- American Express, Toronto Sep. 2021-
Actuarial Assistant (Retail Actuarial) Aug. 2022 Business Analyst Dec. 2021
BMath (Honours) • Provided detailed cash flow projections to the underwriting team BMath (Honours) with Distinction • Led the development & delivery of executive financial
Actuarial Science & Statistics • Calculated the maximum deposit amounts when maximizing the Statistics Major reports & Tableau dashboards for acquisition teams in
(Co-op Program) Distinction Actuarial Science Minor
amounts of tax exemption without triggering The 250 Rule Canada & Mexico. Shortened the automation process
University of Waterloo University of Waterloo
• Modified VBA code to extract new business sales data; from hours to seconds
2022 2022
calculated the total policy face amounts using pivot tables • Forecasted new account acquisition with Machine Learning
Actuarial Assistant (Corporate Actuarial) May 2020- solutions, implemented cloud data pipelines & developed
• Utilized SQL to merge the policy information tables & lapse Apr. 2020 new statistical models to support critical decision-making
extract of the study period & better business visibility
SKILLS • Drafted & edited the Appointed Actuary Report: prepared SKILLS • Managed end-to-end project planning & delivery within
Technical: Python; R; SQL; draft of the memorandum for 2020 Life Mortality Updates; Technical: R; Python; SQL; VBA; MATLAB; agile framework using Jira; stabilized productive &
MS Excel with VBA; MS Access updated the results of sensitivity tests, actuarial Power BI; Tableau successful partnerships with multiple internal & external
liabilities, & cash flows of different blocks of business in stakeholders
PROFESSIONAL the corresponding sections of the AAR Report PROFESSIONAL Microsoft, Toronto Aug. 2020-
CERTIFICATES/AWARDS • Compiled accounting information required to report under Business Program Manager May 2021
IFRS17 for Par, Non-Par, & Universal Life products using CERTIFICATES/AWARDS • Developed over 10 BI dashboards for Microsoft Consulting
Society of Actuaries Certifications:
P (Probability); the Risk Integrity system; validated journal entries from the Services to support in-depth analysis of deal reviews,
Microsoft 365; Azure AI; Data Analytics
FM (Financial Mathematics); finance team for each RI run financial analysis & revenue forecasts, reducing average
IFM (Investment & Financial Markets); Actuarial Student (Corporate Actuarial) May 2019- Dean’s Honour List business solution-making time by 85%
SRM( Statistics for Risk Modelling); • Prepared mortality & lapse experience studies of Par, President’s Scholarship • Standardized & implemented reports & dashboards
Dec. 2019
Candidate FAM (Fundamentals of Non-Par, & Universal Life insurance products; supported in Canada, Australia, & US by partnering with local
Actuarial Mathematics) business excellence, operations teams, & leaders,
the data migration process from MS Access to MS SQL
database by reconciling the data confirm consistency
INTERESTS/ACTIVITIES providing insights to support data-driven strategy-making,
INTERESTS/ACTIVITIES • Performed multiple preliminary month- & quarter- Active member of Women in Technology enabling new rhythms of business growth
UWaterloo Actuarial Science Club; at Microsoft & American Express: • Led the development & implementation of a company-wide
end valuation runs in AXIS
Sudoku; Gym 2020-2021
• Utilized Excel & SQL to calculate the ratios of Universal ticketing system that supported effective management &
36 Life Return-of-Premium Deposit & Cost-of-Insurance immediate response to business incidents 37
First Name
Xinyue Lastname
(Heidi) Xiang First
Liuqing
Name
(Mars)
Lastname
Yang
Heidi is an actuarial professional who has extensive work experience Mars has an outstanding capacity for quick learning and applying
in the industry gained from both co-op placements and full-time new concepts developed through extensive work experience. She
employment. She is proficient in modelling and predictive analysis has superior ability working as a team member and independently,
and has completed all her exams for Associate of the Society of responding positively and productively to challenges.
EDUCATION Actuaries. EDUCATION
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
PwC Canada, Toronto Feb. 2022- Wawanesa Mutual Insurance Company, Toronto Sep. 2021-
Life Actuarial Associate Aug. 2022 Actuarial Analyst Dec. 2021
BSc (Honours) with Distinction • Supported AXIS modelling by developing Datalink process, BMath (Honours) Distinction • Participated in Ontario Motorcycling Filing Preparation
Actuarial Science (Finance Option) & constructing actuarial assumption sets, & building Statistics & Actuarial Science with using R, Python & Radar; fulfilled necessary data
Statistics [Co-op] Predictive Analysis Option
valuation models on various liability modules reconciliations, loss development, loss trending, expense,
University of Waterloo University of Waterloo
• Engaged in IFRS 17 AXIS model conversion project by & premium trending related tasks & underwriting profit margin
2018 2022
constructing seriatim models, implementing IFRS process, • Performed in-depth competitive analysis on specific Ontario
& quantifying IFRS 17 liabilities homeowner insurance plans using FSA principles to assess
• Supported actuarial audits of North American insurance SKILLS associated sustainability standards in conjunction with industry
companies by reviewing valuation assumptions, validating Technical: Python; SAS; SQL; R; benchmark data
SKILLS data processing & verifying calculation methodologies in MS Excel; VBA; AXIS
Allstate Insurance Company of Canada, Markham, ON May 2021-
Technical: AXIS; Excel VBA; R; SQL; GGY AXIS & MS Excel Actuarial Analyst Aug. 2021
Python; MATLAB; Hannover Re, Toronto Jan. 2019-
PROFESSIONAL • Managed Alberta Risk Sharing Pool Ceding’s grid & non- &
MS Office Suite;
Actuarial Analyst (Co-op) & Actuarial Associate (Full-time) Dec. 2021 CERTIFICATES/AWARDS grid analysis initiatives Sep. 2020-
• Delivered reinsurance Life and Critical Illness quotations & Society of Actuaries • Implemented updates & automated functions using SAS Dec. 2020
• Built & maintained pricing models for life and CI products May 2018- P (Probability); & Macros to track business operations, streamline drafting
PROFESSIONAL using Excel and Datalink in GGY AXIS Sep. 2018 FM (Financial Mathematics); processes & diminish negligent errors
IFM (Investment & Financial Markets)
CERTIFICATES/AWARDS • Developed internal tools to set up pricing assumptions
VEE Economics
• Completed policy alteration reports with respect to exposure
Society of Actuaries • Performed pricing analysis to ensure profitability objectives & premiums influenced by insured users’ driving habits
Risk Management
Associate exams completed London Life, London, ON & Insurance Operations [CA1] Forester Financial, Toronto Jan. 2020-
[awaiting FAP Final Assessment] Actuarial Analyst Apr. 2020
Actuarial Intern, Wealth Management PDP Sep. 2017-
• Worked within the Wealth Management - Group Retirement Dec. 2017 Dean’s Honour List: 2022 • Created premium & benefit calculators in Excel based on
International Experience Scholarship: 2019
INTERESTS/ACTIVITIES team to manage & develop retirement benefit products
President’s Scholarship of Distinction: 2018
GGY AXIS assumptions to simplify the checking process
Flute; Singing; Tennis; Swimming; • Perform analysis focusing on funds & sales data using Macros
Actuarial Intern, Individual Life - NonPar Pricing • Employed data assumption & verification techniques
Travelling; Networking; Music & Movies Jan. 2017-
• Built & enhanced pricing model for Term & Universal Life Dec. 2017
INTERESTS/ACTIVITIES to complete model validations for US & PBR basis,
Badminton player for open tournament
38 products in Excel & GGY Axis
[women singles & doubles]: 2017 - present
consolidated findings into summary reports for senior
management’s reference
39
Shuyue
First Name
(Angela)
Lastname
Yu Shuyu Zhu
In addition to a strong background in actuarial science and Shuyu has a strong educational background in Actuarial Science
statistics, Shuyue is self-motivated, has well developed time and Applied Statisics from Purdue University. She has completed
management skills and excellent ability meet conflicting deadlines. three SOA exams and possesses developed technical and research
She is a also a proactive problem solver, quick learner and works skills. Shuyu has demonstrated excellent abilities as a leader and
EDUCATION well independently and collaboratively. EDUCATION collaborator.
Master of Financial Insurance Master of Financial Insurance
University of Toronto University of Toronto
2022 - 2023 EXPERIENCE 2022 - 2023 EXPERIENCE
China Property & Casualty Insurance Ltd., Shanghai, China Apr. 2021- Purdue University, Dept. of Statistics Jan. 2021-
Intern, Accident & Health Insurance Department Jul. 2021 Teaching Assistant May 2022
BMath (Honours) Distinction • Calculated the actual total premium for new products on BSc Actuarial Science & • Provided feedback to 100 students accommodating
Actuarial Science & Statistics the basis of rating factor & adjustment coefficient provided Applied Statistics Management personal learning styles
University of Waterloo Purdue University
by the Actuarial Department & produced product handover table • Assisted students in gaining an overall understanding of
2022 2022
• Completed the premium pricing work for new products the subject to succeed in their course study
using rating tool according to Quotation
• Collated & updated the information & insurance Future Mortality Forecasting, Indiana, U.S. Oct. 2021-
instructions of products on sale on Internet channel Researcher, Data Analyst May 2022
SKILLS • Built models for predicting future mortality & claim
People’s Insurance Company of China (PICC), China May 2019- amounts based on 2021 dataset provided by OneAmerica
SKILLS Intern, Actuarial Department Jul. 2019
Technical: R; VBA; MATLAB; Maple; AXIS;
Python; MS Suite • Validated data by utilizing VIF, best subsets, & Kaplan-
Technical: R; SAS; Python; VBA; MATLAB; • Studied the premium income, compensation, reinsurance Meier Curves
AXIS; SQL; C compensation, reinsurance premium income & other data PROFESSIONAL • Construct Cox models with only important covariates to the
• Researched syntaxes, features & application of main databases
SAS: Certified Base & Advanced
including SQL Server, Mariadb and ODBC
CERTIFICATES/AWARDS baseline created to generate simulation results
Programmer • Utilized parallel computing to iterate simulations &
• Acquired an in-depth understanding of the premium pricing Society of Actuaries
validate prediction process by comparing observed &
PROFESSIONAL process of new products
P (Probability);
predicted data
FM (Financial Mathematics);
CERTIFICATES/AWARDS Project: Applying Linear Model to the Dataset of a Specific Dec. 2020 IFM (Investment & Financial Markets) SOA Individual Life Insurance Committee, Mortality Jun. 2021-
Society of Actuaries Spike Protein Associated with COVID-19 Forecasting Contest, Indiana, U.S. Aug. 2021
P (Probability); University of Waterloo Distinguished Undergraduate Researcher Researcher, Data Analyst
FM (Financial Mathematics) Award: 2022
• Analyzed dataset by summarizing data in charts & • Collaborated with team member to predict 2017
Ruzicka Research Scholarship: 2021 & 2022
Merit Scholarship [UWaterloo]: 2018
diagrams; Built four models, choosing the one with the Mortality Forecasting Contest [2nd Place]: industry mortality experience based on 2009 - 2016 dataset
smallest BIC value 2021 • Researched & compared different models to select the
• Calculated the variance inflation factor to check the most appropriate one for prediction
INTERESTS/ACTIVITIES multicollinearity problem; created the scatterplot of fitted INTERESTS/ACTIVITIES • Applied tree model to dataset, using graphing functions to
Badminton; Travelling; Reading value & residual to confirm the assumptions Dance All Out: Treasurer visualize differences in subsets to obtain results
Purdue Chinese Students & Scholar’s
40 • Selected the best model & used k folds cross validation to
Association: VP of Public Relations
41
calculate the models’ Mean Squares Prediction Error
Meet Our Alumni
“It is an honour for me to be part of the MFI program.
“The MFI taught me to be confident and The teaching team supported and guided me with
strong in networking and communication, their valuable insights and industry experience. They
deep and diversified knowledge, and to
keep pace with the new development Ihitatem ut dis sam, quodit facepr constructed the perfect studying environment to suit
my background and interest in actuarial science,
frontier of the financial market and relevant “One thing about being in a small-sized program is that we “Before joining MFI, I graduated from UofT in data science, and financial mathematics.
technologies.” can build this close bond with each other. We are not only Statistics and Quantitative Finance. The MFI program MFI also provided me opportunities to connect with
classmates, but also friends who can support each other in the allowed me to develop deeper thinking and explore industry professionals, and to further improve myself
Meng (Moriah) Yu, MFI ‘18 industry... Although it was only a one-year program, it became ideas regarding a field that really interests me – beyond academics.”
a journey to discover my capabilities, my area of interests, and finance. In addition to strong academic support, the
my future career. The MFI program showed me how to be a Program also organized a variety of extracurricular Colin Chen, MFI ‘20
“My time at U of T was nothing but an leader and an influencer. It’s been an absolutely fantastic ride, activities and meetings; hearing from guest speakers
unforgettable experience. I am highly and I will never forget the MFI family.” and lecturers ensured plenty of opportunities to gain “I found the Master of Financial Insurance to be a
thankful for the depth of knowledge the MFI Harper Lin, MFI ‘22 industrial insights and engage with my knowledge perfect blend of pricing theory, risk management
program has armed me with. It is a privilege from multiple angles. I am currently working in Total and data science. Being part of the 3rd cohort of the
to be part of such a great program.” “The MFI program had constantly challenged us in its Portfolio Management at Canada’s largest pension program, I had the opportunity to be exposed to several
unique way, both intellectually and socially, with a plethora fund, CPPIB. And now, I can say with confidence, experts in the field and established professionals
Adrien Brice Nouya, MFI ‘17 of projects, presentations, seminars, networking events. that MFI better prepared me for my career.” of both industries. Would also particularly praise
So many of my firsts happened here – first job interview, the structure of the program itself; by having the
first networking event, first four-hour long final. I am ever Yiwen (Sophia) Zhang, MFI ‘17 internship as the last component of the academic year,
so grateful for everything the MFI program has gifted me the program sets us, the students, up for success by
“The MFI program has been and the admin team has certainly done an excellent job!” allowing us to stay on - when the opportunity arises
incredibly useful for me because - with the companies where we trained as interns.”
it helped me to further improve my Tianrun Pang, MFI ‘20
theoretical knowledge while giving Paola Tolentino, MFI ‘19
me an opportunity to apply the
information I learnt to meaningful
projects that mimic the real world.“

Saeed Mohammed, MFI ‘20

Meet our Alumni

42 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 43


2022 MFI Graduate Award Recipients
Ihitatem ut dis sam, quodit facepr

MFI Academic Award


Awarded to the MFI student with the highest overall academic performance and participation throughout the year

DAWEI DONG (joint recipient) is working at Deloitte after completing his YUXIN FAN (joint recipient) graduating from the University of Toronto
work term CIBC. It has not gone unnoticed that Dawei has not only excelled with a Statistics Specialist and an impressive 4.0/4.0 CGPA, she has
academically, he has also proved himself to be an extremely willing and continued her academic excellence throughout her graduate studies. After
proactive representative of the MFI Program over the past year, and it’s completing her internship at Manulife, she is now working at Deloitte.
been a pleasure to have him in the cohort! Congratulations Yuxin!

“Huge gratitude to the Master of Financial Insurance program for its consistent support during my transition from “I completed my undergraduate study in UofT specializing mathematics, statistics, and computer science. My
being a pure academic student to a financial industry professional. During my undergraduate, I focused more on coop term at OTPP in the market risk model development team motivated me to become a pricing quant; therefore,
my studies and neglected the elements of working and social experience, resulting initially in a lack of confidence I was looking for a graduate program that could enhance my pricing theory and numerical method skills. The MFI
in my job search. Nevertheless, the MFI program delivers a curriculum that combine theoretical mathematics program has provided me with far more than that: in addition, I got to study machine learning, actuarial science,
and statistics knowledge with practical financial applications and soft skills, which offer magnificent assistance risk management, etc.; the program also organized seminars with knowledgeable speakers from the industry,
in behaviourial technique for job interviews. Also, the challenging course projects are valuable resources which who provided their valuable insights. After my internship at Manulife in the models and analytics team, I started
enhance the resume and skillset especially with minimal professional industry experience. Finally, yet equally my full-time position at Deloitte in the FEM market risk team. I’m grateful of all the support from MFI, with which
important, the alumni are a highly gifted, and dependable resource. My classmates, as a cohort, have tackled I now continue my pricing quant career more confidently.”
difficulties fearlessly and growing together to become life-long companions!“
DAWEI DONG, MFI Academic Achievement Award Recipient YUXIN FAN, MFI Academic Achievement Award Recipient

44 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 45


MFI Business Acumen Award Ihitatem
MFI ut dis sam, quodit
Ambassador Awardfacepr
Awarded to the MFI student with the best overall performance in Awarded to the MFI student who best embodies the values and
their work placement, presentations and discussion throughout qualities of the MFI Program, and whose fellow students see as
the year the best representative of the MFI
BILAL RAJA graduated from the University of Toronto in Statistics and ALAN FONTOURA graduated from The National School of Statistical
Quantitative Finance before joining the MFI Program. He not only completed Sciences and the Federal Center for Technological Education in Brazil
his work placement at CIBC as Audit Manager in Model Risk but has before joining the MFI Program. He completed his internship with Canada
continued on full time in the same role. Life and is currently working at d1g1t inc.

Bilal has excelled throughout the year and could be relied upon to be an active Alan built a wonderful rapport with his classmates during his time with
participant in sessions with guest speakers from industry and delivering the program. He has proved himself to be a highly dependable and active
particularly engaging presentations himself. Congratulations Bilal! representative of the MFI Program at every opportunity, and a valuable
advocate and spokesperson for his classmates. Congratulations Alan!

“The MFI program has far exceeded my expectations in terms of career development. The program provides a strong “When I first joined the MFI Program, I thought it would be a top master’s program on finance and insurance.
foundation of Financial Mathematics, Insurance Modelling and Data Science to compete as strong candidates in Today, after graduating, I know it is way more than that. Beyond the world-class faculty and courses, we have
the growing financial industry. The vast network of alumni and career workshops provide candidates with unique exposure to great industry professionals, real world case studies, and all the necessary support to boost our
insights and experiences regarding the field. It’s thanks to the MFI program that I have landed a full-time role as careers. I could not be happier with my choice.”
my first step in this competitive industry.”
BILAL RAJA, MFI Business Acumen Award Recipient ALAN FONTOURA, MFI Ambassador Award Recipient

46 MFI Masters of Financial Insurance MFI Masters of Financial Insurance 47


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