Michael Sherris is Professor of Actuarial Studies and was Head of Actuarial Studies at UNSW until 2010. Professor Michael Sherris was appointed to UNSW in 1998 to establish the Actuarial Studies program. Before joining UNSW, he was an Associate Professor in Actuarial Studies at Macquarie University. He is a Fellow of the Institute of Actuaries of Australia, the Institute of Actuaries (UK) and the Society of Actuaries (North America).
Prior to becoming an academic he worked in the banking and finance industry for a number of major banks and a life insurance company. He has been an active member of the Australian actuarial profession having served on the Council of the Institute of Actuaries of Australia. He has previously been actively involved in course development for the Finance and Investment Management courses of the Institute, and served as a Chief Examiner for the Finance course and an examiner for the Investment and General Insurance courses. He served as an Associate Editor of the North American Actuarial Journal from 1997-2004 and is an Associate Editor of the Asia Pacific Journal of Risk and Insurance. He was President (2008-2009) of the Asia Pacific Risk and Insurance Association and a Board and Executive Member of the Enterprise Risk Management Institute International (ERMII).
He is currently a lead and chief investigator on research grants with funding in excess of $22 million from ARC Linkage, Industry, Universities and Government. Over the last 10 years he was an investigator on ARC Grants totalling over $2 million in ARC funding as well as an investigator in the ARC Financial Integrity Research Network with funding of $1.75 million over 5 years.
Michael has won a number of awards for his research including the International Actuarial Association Bob Alting von Gesau AFIR Prize, Casualty Actuarial Society (CAS) annual prize for the most valuable contribution to casualty actuarial science published in American Risk and Insurance Association (ARIA) literature, a Geneva Association/IIS Research Program Shin Research Award For Excellence, the Redington Prize of the Society of Actuaries, and the H M Jackson Memorial Prize of The Institute of Actuaries of Australia. In 2007 he was awarded Australian Actuary of the Year in recognition of his contributions to actuarial research and education both internationally and within Australia.
Professor Sherris has provided consulting advice for a number of banks, life insurance companies and fund managers in the areas of interest rate risk management, derivatives, funds management, project finance, investment modelling and superannuation.