Risk Insight Lab

Catherine Donnelly

Dr Catherine Donnelly FIA

Director of the Risk Insight Lab

Associate Professor

Department of Actuarial Mathematics and Statistics
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh EH14 4AS
United Kingdom
Current research interests  |   Papers  |   Degrees  |   Professional affiliations  |   Invited talks and conference presentations  |   Research grants  |   Editorial activities  |   Prizes  |   Teaching  |   Service  |   Employment

Current research interests

Can we improve pensions savings outcomes for our society? Can a group of people be financially better off in retirement by pooling their savings together and sharing their risks, rather than individually investing their money? Can this be done in a transparent way, so that it is understood by the people in the group? My current interests are to propose and analyse ways in which a group of people can share their risks, with a focus on sharing their investment and mortality risks. Other interests of mine, which are closely related to this topic, are

  • Annuities.
  • Life insurance.
  • Pension funds.
  • Life-cycle investment (portfolio optimization).
  • Quantitative risk management.
  • Papers

    Published / Accepted (peer-reviewed)

    Technical reports (not peer-reviewed)

    Other reports

    Dissertations and conference proceedings


    Professional affiliations

    Invited talks and conference presentations

    Research grants

    Editorial activities

    Jan 2018 - : Editor of the ASTIN Bulletin, the Journal of the International Actuarial Association.



    Lecturing at Heriot-Watt University

    Other lecturing and teaching

    Awards for teaching

    Teaching-related qualifications and affiliations


  • Aug 2016 - July 2020. Senator for the School of Mathematics and Computer Sciences, representing the School at the University Senate.
  • Oct 2014 - Oct 2016. Director of Academic Quality for the School of Mathematics and Computer Sciences.
  • Sep 2014 - May 2015. Chair of School's Athena SWAN Self-Assessment Team, responsible for submitting a successful application for an Athena SWAN Bronze award.
  • Sep 2012 - Jan 2017. Undergraduate International Exchange Co-ordinator for the Department.
  • Sep 2013 - Jan 2017 and Sept 2020-. Undergraduate Work Placement co-ordinator for the Department.
  • Employment



    Consulting activities

    Last upated 16 September 2020.