Profile

A short portrait summarizing professional and academic milestones of Dr. Harry Niederau, owner of Dr. Niederau Consulting&Research, is given in below.

Academic Degree

PhD insurance econometrics as of December 2000. Topic: „Pricing Risks in Incomplete Markets: An Application to Industrial Reinsurance"; P. Zweifel and Dr. S. Wang; with the kind guidance and support by Swiss Re.

Main Stations of Professional Background (Chronological)

Senior pricing actuary in the technical center of the corporate customer department of Zurich Financial Services (01/2002 - 02/2007)

conceptual development, parametrization, and auditing of pricing tools;
industry specific risk research relating to pricing parameters; internal training (users + "train the trainer" mandates across Europe);
multi-year/multi-line deal pricing;
<<The Zurich Way>> project member;
coach students of the ZHW (Zürcher Hochschle Winterthur) doing a diploma thesis at the IDP (institute of data analysis and process design).

Internal deal pricing consultant at Swiss Re International Business division while writing doctoral thesis (02/1995 - 12/2000)

structuring and pricing ART deals for Fortune 500 clients;
Underwriting support on loss analyses and optimal deal structuring;
link to Universities and Research centres (such as Risk Lab) in Switzerland and Germany;
internal research on semi-stochastic optimization algorithms (enhanced Simplex algorithm by Nelder and Mead) applied to maximum likelihood estimates of censored loss data sets.