Job Summary:
The Department of Risk and Insurance at the Wisconsin School of Business invites applications at all ranks (Assistant, Associate, Full Professors) for a position to start August 18, 2025.
This position is part of the Wisconsin Research, Innovation and Scholarly Excellence (RISE)-Artificial Intelligence (AI) cluster hire initiative (https://rise.wisc.edu/rise-ai/). The candidate's tenure home will be in the Risk and Insurance department at the Wisconsin School of Business, and the candidate will participate in interdisciplinary and collaborative efforts with other departments, schools, and colleges. The Risk and Insurance Department is excited to add a thought leader who expands our expertise on the role of AI, with applications to topics in risk and insurance. Some potential areas of research focus we have identified include the regulation and ethics of AI, Insure-tech and evolving risk and insurance business models leveraging AI, and advances in actuarial techniques using AI and related technologies.
The Risk and Insurance Department at the University of Wisconsin-Madison is one of the oldest such programs in the country, dating back to the 1930s. Our faculty come from a range of fields, including economics, risk management and insurance, actuarial science, and statistics. While we are united by interests related to the management of risk and insurance, the umbrella of our research scope is broad. You do not need to be an "insurance scholar" to fit in our department. We offer undergraduate majors in actuarial science and risk management and insurance, which are both consistently ranked among the best in the world. We also offer a PhD program in Insurance Economics & Actuarial Analytics as well as a Capstone Certificate in Actuarial Science. Our faculty also teach and play important roles in the school's business analytics programs, including the Masters of Science in Business Analytics program, a new online Masters of Science in Data, Insights, and Analytics, as well as the school's Full-time and Professional MBA programs. We are also proud to be part of a great university with excellent resources available to both faculty and students. Our faculty in particular have strong connections and collaborations with faculty throughout campus in departments such as economics, engineering, public policy, population health and statistics.
The Wisconsin School of Business is growing and thriving and we offer highly competitive salaries. Madison, Wisconsin is a lively and wonderful place to live with a beautiful university campus on the shores of Lake Mendota. Come and join us!
Responsibilities:
- Create and maintain a strong program of research.
- Provide classroom and individual instruction for undergraduate and graduate degree-seeking students.
- Contribute to the intellectual and academic life of the department, school, and university, as appropriate.
- Participate in interdisciplinary and collaborative efforts with other departments, schools and colleges - University and community service will be expected as appropriate
Institutional Statement on Diversity:
Diversity is a source of strength, creativity, and innovation for UW-Madison. We value the contributions of each person and respect the profound ways their identity, culture, background, experience, status, abilities, and opinion enrich the university community. We commit ourselves to the pursuit of excellence in teaching, research, outreach, and diversity as inextricably linked goals.
The University of Wisconsin-Madison fulfills its public mission by creating a welcoming and inclusive community for people from every background - people who as students, faculty, and staff serve Wisconsin and the world.
For more information on diversity and inclusion on campus, please visit: Diversity and Inclusion
Education:
Required
PhD in actuarial science, computer science, economics, finance, legal studies, risk management and insurance, statistics or related field required by start date.
Qualifications:
Required:
Candidates will have demonstrated high-quality research with publications in top-tier journals and have shown evidence of teaching excellence, and academic credentials to qualify for a tenured appointment at UW-Madison.
Work Type:
Full Time: 100%
It is anticipated this position requires work be performed in-person, onsite, at a designated campus work location.
Appointment Type, Duration:
Ongoing/Renewable
Anticipated Begin Date:
AUGUST 18, 2025
Salary:
Negotiable
ACADEMIC (9 months)
The employee in this position can expect to receive generous benefits such as competitive insurances and savings accounts; retirement benefits.
Additional Information:
This position is part of the Wisconsin Research, Innovation and Scholarly Excellence (RISE) Initiative. Through accelerated and strategic faculty hiring, research infrastructure enhancement, interdisciplinary collaboration, and increased student and educational opportunities, RISE addresses complex societal challenges of importance to the state, nation and world. Building on UW-Madison's strengths, RISE expands the University's successful track record of connecting with communities and industry on collaborative solutions.
Over the next three academic years, UW-Madison will substantially increase current hiring levels, bringing 150 new RISE faculty to campus. Candidates hired through RISE will join a community of scholars working across disciplines, schools and colleges on research, teaching and outreach endeavors. The community will engage regularly in venues such as seminar series and colloquia to share ongoing projects and identify opportunities to work together. The University will support the community, facilitating access to research infrastructure, and funding to support broad and rich collaboration.
Further information regarding RISE can be found at: https://rise.wisc.edu/
Diversity and inclusion are primary values for the Wisconsin School of Business and are integral to achieving our strategic goals. Our school is committed to continuously increasing the cultural competence of its staff and faculty members through school-wide forums and professional development opportunities.
How to Apply:
The deadline for assuring full consideration is December 1, 2024. However, the position will remain open and applications may be considered until the position is filled.
Please complete the online application. We ask you to submit three documents:
1. Cover letter
2. Detailed curriculum vitae that includes a complete list of publications
3. One document containing a research statement, teaching statement, and/or at least one working paper (such as a job market paper).
All materials must be submitted electronically in pdf format.
Finalists will be asked to provide names of three references who are well-respected authorities in the field during the final steps of the hiring process. The hiring unit will notify finalists prior to any communication with these references.
Employment will require an institutional reference check regarding any misconduct. To be considered, applicants must upload a signed 'Authorization to Release Information' form as part of the application. The authorization form and a definition of 'misconduct' can be found here: https://hr.wisc.edu/institutional-reference-check/
Contact:
Se Yang
se.yang@wisc.edu
608-263-2975
Relay Access (WTRS): 7-1-1. See RELAY_SERVICE for further information.
Official Title:
Professor(FA020) or Associate Professor(FA030)
Department(s):
A12-WISCONSIN SCH OF BUSINESS/RISK & INSURANCE
Employment Class:
Faculty
Job Number:
306809-FA
The University of Wisconsin-Madison is an Equal Opportunity and Affirmative Action Employer.
Qualified applicants will receive consideration for employment without regard to, including but not limited to, race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, disability, or status as a protected veteran and other bases as defined by federal regulations and UW System policies. We promote excellence through diversity and encourage all qualified individuals to apply. For more information regarding applicant and employee rights and to view federal and state required postings, click here
If you need to request an accommodation because of a disability, you can find information about how to make a request at the following website: https://employeedisabilities.wisc.edu/disability-accommodation-information-for-applicants/
Employment may require a criminal background check. It may also require you and your references to answer questions regarding sexual violence and sexual harassment.
The University of Wisconsin System will not reveal the identities of applicants who request confidentiality in writing, except that the identity of the successful candidate will be released. See Wis. Stat. sec. 19.36(7).
The Annual Security and Fire Safety Report contains current campus safety and disciplinary policies, crime statistics for the previous 3 calendar years, and on-campus student housing fire safety policies and fire statistics for the previous 3 calendar years. UW-Madison will provide a paper copy upon request; please contact the University of Wisconsin Police Department.
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University of Wisconsin Madison
Dec 23, 2024