Insurance
Banking
Financial Intermediation
Systemic Risk
Liquidity Risk in Insurance and Macroprudential Regulation
Private Equity in Insurance
Credit Rating Agencies
2004: PhD in Economics, with highest honors, Toulouse School of Economics, University of Toulouse, France
1999: MS in Economic Theory and Econometrics, with highest honors, Toulouse School of Economics, University of Toulouse, France
1998: MA in Economics, New Economic School, Moscow, Russia
1997: BS in Mathematical Economics, Lonomosov Moscow State University, Russia
Current positions
Associate Professor of Insurance Economics (with tenure), School of Finance, University of St. Gallen, 2021 –
Director, Swiss Institute for International Economics and Applied Economic Research (SIAW-HSG), University of St Gallen, 2024 –
Faculty Member, Swiss Finance Institute, 2022 –
Senior Fellow, Harris Family Alternative Investments Program, Finance Department, the Wharton School, University of Pennsylvania 2019 –
Previous positions
Faculty Member, Institute of Insurance Economics (IVW-HSG), University of St. Gallen, 2021 – 2024
Senior Research Fellow, Institute of Insurance Economics (IVW-HSG), University of St. Gallen, 2019 – 2021 (part-time due to maternity)
Economic Advisor, International Association of Insurance Supervisors, Bank for International Settlements, 2015 – 2018
Economist, Financial Systems and Regulation Section, Monetary and Economic Department, Bank for International Settlements, 2012 – 2015
Research Fellow, Wharton Risk Management and Decision Processes Center, the Wharton School, University of Pennsylvania, 2008 – 2012
Assistant Professor, Department of Insurance and Risk Management, the Wharton School, University of Pennsylvania 2007 – 2012
Visiting Researcher, Harvard University, Department of Economics, 04/2005 – 08/2005
Assistant Professor, Department of Risk Management and Insurance, J. Mack Robinson College of
Business, Georgia State University, 2004 – 2007 (on leave multiple months in 2005-2006 due to family health emergency)
Short-Term Consultant, the World Bank, 2000, 2001, 2003
Alternative Investments in the Life Insurance Industry
Structure and Complexity of the Global Insurance Groups
AT1 Contingent Capital post-2023 Banking Crisis
American Finance Association
American Risk and Insurance Association
European Group of Risk and Insurance Economists (EGRIE)
Finance Theory Group
Western Finance Association
Referee Activity: