He obtained his PhD in Actuarial Science from the University of Waterloo and is a Fellow of the Society of Actuaries (FSA). He also received a B.S. degree in Mathematics from Zhejiang University in China and a M.S. degree in Actuarial Science from the University of Illinois at Urbana-Champaign. Dr. Shi’s research mainly focuses on risk and insolvency analysis, pension, stochastic modeling in insurance and finance. His research papers have been published in major actuarial and insurance journals such as Journal of Risk and Insurance, Insurance: Mathematics and Economics, ASTIN Bulletin, and North American Actuarial Journal.s.