Dr Fei Huang
Senior Lecturer

Dr Fei Huang

  • Senior Fellow of Advance HE (SFHEA)
  • PhD, Australian National University 
  • MPhil, University of Hong Kong
  • BSc, Xiamen University 
Business School
School of Risk and Actuarial Studies

Fei is a Senior Lecturer in Risk and Actuaries Studies and Lead - Data and AI Tech at UNSW Business AI Lab. She received her BSc. in Mathematics from Xiamen University, MPhil in Actuarial Science from the University of Hong Kong, and PhD in Actuarial Studies from the Australian National University. Before joining UNSW, she worked at the Australian National University.

Fei's research focuses on ethical AI (and non-AI) in insurance. In particular,  she studies insurance discrimination and pricing fairness in the context of AI (and non-AI) and changing climate. She also develops statistical and machine learning methods for various actuarial applications, including customer churn modelling, mortality modelling and forecasting, macroeconomic and investment forecasting, and general insurance pricing. She has published in top-tier actuarial journals and received the Carol Dolan Actuaries Summit Prize and ASTIN Colloquium Best Paper Award for her research on anti-discrimination insurance pricing. 

Fei teaches actuarial data science and statistical machine learning at UNSW.  Her educational excellence has been recognized by winning the UNSW John Prescott Award for Outstanding Teaching Innovation (2022), ANU Vice Chancellor’s Award for Teaching Excellence in the Early Career Category (2018) and ANU College of Business and Economics Award for Teaching Excellence in the Early Career Category (2017).  Fei is a Senior Fellow of Advance HE (SFHEA).

  • Journal articles | 2023
    Xin X; Huang F, 2023, 'Anti-discrimination Insurance Pricing: Regulations, Fairness Criteria, and Models', North American Actuarial Journal
    Journal articles | 2022
    Dong Y; Frees EW; Huang F; Hui FKC, 2022, 'MULTI-STATE MODELLING OF CUSTOMER CHURN', ASTIN Bulletin, vol. 52, pp. 735 - 764, http://dx.doi.org/10.1017/asb.2022.18
    Journal articles | 2021
    Dolman C; Frees E; Huang F, 2021, 'Multidisciplinary collaboration on discrimination - Not just Nice to Have', Annals of Actuarial Science, vol. 15, pp. 485 - 487, http://dx.doi.org/10.1017/S174849952100021X
    Journal articles | 2021
    Frees EWJ; Huang F, 2021, 'The Discriminating (Pricing) Actuary', North American Actuarial Journal, http://dx.doi.org/10.1080/10920277.2021.1951296
    Journal articles | 2021
    He L; Huang F; Shi J; Yang Y, 2021, 'Mortality forecasting using factor models: Time-varying or time-invariant factor loadings?', Insurance: Mathematics and Economics, vol. 98, pp. 14 - 34, http://dx.doi.org/10.1016/j.insmatheco.2021.01.006
    Journal articles | 2020
    Dong Y; Huang F; Yu H; Haberman S, 2020, 'Multi-population mortality forecasting using tensor decomposition', Scandinavian Actuarial Journal, vol. 2020, pp. 754 - 775, http://dx.doi.org/10.1080/03461238.2020.1740314
    Journal articles | 2020
    Huang F; Maller R; Ning X, 2020, 'Modelling life tables with advanced ages: An extreme value theory approach', Insurance: Mathematics and Economics, vol. 93, pp. 95 - 115, http://dx.doi.org/10.1016/j.insmatheco.2020.04.004
    Journal articles | 2020
    Ma J; Huang F; Bruhn A, 2020, 'Estimating China’s Future Life Insurance Market', Asia-Pacific Journal of Risk and Insurance, http://dx.doi.org/10.1515/apjri-2019-0027
    Journal articles | 2018
    Ferreira A; Huang F, 2018, 'Is human life limited or unlimited? (A discussion of the paper by Holger Rootzén and Dmitrii Zholud)', Extremes, vol. 21, pp. 373 - 382, http://dx.doi.org/10.1007/s10687-018-0318-8
    Journal articles | 2018
    Huang F; Yu H, 2018, 'Optimal reinsurance: A reinsurer's perspective', Annals of Actuarial Science, vol. 12, pp. 147 - 184, http://dx.doi.org/10.1017/S1748499517000161
    Journal articles | 2017
    Huang F, 2017, 'Mortality forecasting using a modified CMI Mortality Projections Model for China II: cities, towns and counties', ANNALS OF ACTUARIAL SCIENCE, vol. 11, pp. 46 - 66, http://dx.doi.org/10.1017/S174849951600018X
    Journal articles | 2017
    Huang F; Browne B, 2017, 'Mortality forecasting using a modified Continuous Mortality Investigation Mortality Projections Model for China I: methodology and country-level results', ANNALS OF ACTUARIAL SCIENCE, vol. 11, pp. 20 - 45, http://dx.doi.org/10.1017/S1748499516000142
    Journal articles | 2014
    Huang F; Butt A; Ho K-Y, 2014, 'Stochastic economic models for actuarial use: an example from China', ANNALS OF ACTUARIAL SCIENCE, vol. 8, pp. 374 - 403, http://dx.doi.org/10.1017/S1748499514000104
  • Working Papers | 2022
    Huang F; Maller R; Milholland B; Ning X, 2022, A Proposal for Finite But Unbounded Human Lifetimes, http://dx.doi.org10.1101/2022.01.07.474862
    Working Papers | 2021
    He L; Huang F; Yang Y, 2021, Data-adaptive Dimension Reduction for US Mortality Forecasting, http://dx.doi.org, https://arxiv.org/abs/2102.04123
    Working Papers | 2021
    Huang F; Maller R; Miholland B; Ning X, 2021, A Mixture Model Incorporating Individual Heterogeneity in Human Lifetimes, http://dx.doi.org10.1101/2021.01.29.428902, https://www.biorxiv.org/content/10.1101/2021.01.29.428902v1
    Working Papers |
    Dong Y; Frees EJW; Huang F, Deductible Costs for Bundled Insurance Contracts, Elsevier BV, http://dx.doi.org10.2139/ssrn.4020299, http://dx.doi.org/10.2139/ssrn.4020299
    Working Papers |
    Frees EJW; Huang F, Online Supplement to: The Discriminating (Pricing) Actuary, Elsevier BV, http://dx.doi.org10.2139/ssrn.3892473, http://dx.doi.org/10.2139/ssrn.3892473
    Working Papers |
    Shimao H; Huang F, Welfare Implications of Fairness and Accountability for Insurance Pricing, Elsevier BV, http://dx.doi.org10.2139/ssrn.4225159, http://dx.doi.org/10.2139/ssrn.4225159
    Working Papers |
    Xin X; Huang F, Anti-Discrimination Insurance Pricing: Regulations, Fairness Criteria, and Models, Elsevier BV, http://dx.doi.org10.2139/ssrn.3850420, http://dx.doi.org/10.2139/ssrn.3850420
  • Conference Presentations | 2022
    Huang F, 2022, 'Anti-Discrimination Insurance Pricing: Regulations, Fairness Criteria, and Models', presented at ASTIN Colloquium, 22 June 2022
    Conference Presentations | 2022
    Huang F, 2022, 'Anti-discrimination Insurance Pricing: Regulations, Fairness Criteria, and Models', presented at All-Actuaries Summit, 03 May 2022
    Conference Presentations | 2022
    Huang F, 2022, 'Cause-of-death Mortality Modelling using Penalized Tensor Decomposition', presented at 24th International Congress on Insurance: Mathematics and Economics, 04 July 2022
    Conference Presentations | 2021
    Huang F, 2021, 'The Discriminating (Pricing) Actuary', presented at 11th China International Conference on Insurance and Risk Management, 11 July 2021
    Conference Presentations | 2020
    Huang F, 2020, 'Modelling Life Tables with Advanced Ages: an Extreme Value Theory Approach', presented at 28th Colloquium on Pensions and Retirement Research, 29 November 2020
    Conference Presentations | 2020
    Huang F, 2020, 'Modelling Life Tables with Advanced Ages: an Extreme Value Theory Approach', presented at Actuarial Research Conference, 29 July 2020
    Conference Presentations | 2020
    Huang F, 2020, 'The Discriminating (Pricing) Actuary', presented at CLMR Research Symposium 2020, 20 November 2020
    Conference Presentations | 2019
    Huang F, 2019, 'Modelling Life Tables with Advanced Ages: an Extreme Value Theory Approach', presented at International Workshop on Subnational Life Tables, 20 November 2019
    Conference Presentations | 2019
    Huang F, 2019, 'Multi-population Mortality Forecasting using Tensor Decomposition', presented at China International Conference on Insurance and Risk Management (CCIRM), 30 July 2019
    Conference Presentations | 2018
    Huang F, 2018, 'The Younger-Older Dichotomy of Mortality Patterns: Observations and Applications', presented at 22th International Congress on Insurance: Mathematics and Economics, 09 July 2018
    Conference Presentations | 2018
    Huang F; Ferreria A, 2018, 'Is there a limit to Human Life or Not?', presented at Actuarial Risk Modelling and Extreme Values (ARMEV) Workshop, 18 September 2018
    Reports |
    Fu B; Huang F; Maller R, Modelling Australian Life Tables with Advanced Ages -- A Report Prepared for the Australian Government Actuary, Elsevier BV, http://dx.doi.org/10.2139/ssrn.4020309, http://dx.doi.org/10.2139/ssrn.4020309

ASTIN Colloquium Best Paper Award, 2022

Carol Dolan Actuaries Summit Prize, 2022

UNSW John Prescott Award for Outstanding Teaching Innovation, 2022

ANU Vice Chancellor’s Award for Teaching Excellence in the Early Career Category, 2018

ANU College of Business and Economics Award for Teaching Excellence in the Early Career Category, 2017

  1. Insurance Discrimination and Pricing Fairness in the Context of AI (and non-AI). See related papers below: 
    (1) The Discriminating (Pricing) Actuary (with Edward (Jed) Frees), NAAJ, 2021
    (2) Anti-discrimination Insurance Pricing: Regulations, Fairness Criteria, and Models (with Xi Xin), NAAJ,  2022 (This paper won the inaugural Carol Dolan Actuaries Summit Prize and ASTIN Colloquium Best Paper Award)
    (3) Welfare Implications of Fairness and Accountability for Insurance Pricing (with Hajime Shimao), 2022 
  2. Socio-economic and Subgroup Mortality modelling and forecasting using statistical and machine learning techniques
  3. Advanced-age mortality modelling and forecasting using extreme value theory (EVT)
    (1) Modelling life tables with advanced ages: An extreme value theory approach (with Ross Maller and Ning Xu), Insurance: Mathematics and Economics, 2020
  4. General Insurance Pricing 
  5. Customer Churn Analysis
    (1) Multi-State Modelling of Customer Churn (with Yumo Dong, Edward (Jed) Frees, Francis Hui), ASTIN Bulletin, 2022 (SSRN version)
  6. Data-Rich Economic Forecasting in an Actuarial Context 

My Research Supervision

  • Xi Xin (Chair supervisor), PhD student at UNSW Sydney
  • Yumo Dong (primary supervisor), PhD student at the Australian National University