Dr.
Krzysztof ("Kris") Ostaszewski, FSA, CFA, MAAA is a
Professor of Mathematics and director of the Actuarial Program at
Illinois State University. He has taught actuarial science at
Illinois State University
,
Washington
University in
St. Louis
,
University
of
Louisville
, as well as
internationally in
Germany
,
France
,
China
,
Poland
,
Mexico
and
Thailand
.
He was a Fulbright Research Fellow in actuarial science in
1995, and a Fulbright Senior Specialist in 2003-2004.
He was a long term faculty in the SOA Course 7 on Applied
Modeling, and is a former member of the Joint CAS/SOA Career
Encouragement Committee, SOA Education and Research Council, SOA
Social Security Committee, and AAA Social Insurance Committee. He is
one of the co-authors and signatories of the Actuarial Standard of
Practice No. 32 concerning social insurance.
Dr. Ostaszewski has worked in asset-liability management and
cash flow testing at Hartford Life and Providian Capital Management
(now a part of Aegon USA), as well as in his consulting practice.
In the period 1996-1998 he was a Registered Investment Advisor,
managing money for private
clients. His current consulting involves specialized investment
modeling and expert witness work.
Dr. Ostaszewski’s publications include two research
monographs published by
the Society of Actuaries, two monographs published by the American
Mathematical Society, a book on financial risk management for pension
plans with Elsevier, and several other books.
His papers appeared in journals such as the American
Economic Review,
Geneva
Papers on Risk and Insurance, Journal of Business,
North American Actuarial
Journal, Journal of Risk and
Insurance, Journal of
Insurance Issues, German Risk and Insurance Review, Proceedings of the
Casualty Actuarial Society,
Proceedings of the American
Mathematical Society. In 2004, he received the Hardigree Award for
the best 2003 research paper in the Journal of Insurance Issues, and
in 2005 he received the prestigious Mehr Award of the American Risk
and Insurance Association for the research paper that best stood the
test of time (together with Dr. Richard Derrig).
Dr. Ostaszewski was a Fulbright Research Fellow in Poland in
1995, studying actuarial aspects of free market reforms. In 2003-2004
he was a Fulbright Senior Specialist, working on pension reform in
Poland as well as connections between the monetary policy and
retirement policies.
Dr. Ostaszewski has assumed leadership of the Actuarial Program
at Illinois State University in August 2000. Since then, this
previously lesser known program has become a major force in academic
actuarial science, with the total number of students close to 150,
total annual number of examination successes exceeding 100, and
sharply increased external funding. Dr. Ostaszewski leads intensive
reviews for the first three actuarial examinations offered by Illinois
State University, and is the author of the Course P study manual
published by Actuarial Study Manuals.
Dr. Ostaszewski has been a recipient of numerous research
grants.