Helena Aro

PhD, Researcher
Address:
Aalto University,
Institute of Mathematics,
P.O. Box 11100,
FI-00076 Aalto, Finland
Visiting Address:
Otakaari 1 M, Espoo
Room Y330
E-mail: helena.aro $[A]$ aalto.fi

Research interests

Risk management for pensions, life and non-life insurance. In particular, asset-liability management, hedging and valuation of liabilities; stochastic modelling, computational methods, statistical analysis, time-series modelling, and optimization. Applications in longevity risk and disability modelling.

Publications

Refereed journal articles

H. Aro, Systematic and non-systematic mortality risk in pension portfolios, North American Actuarial Journal, to appear.

H. Aro, B. Djehiche and B. Löfdahl Grelsson: Stochastic modelling of disability insurance in a multi-period framework, Scandinavian Actuarial Journal, to appear.

H. Aro and T. Pennanen, Stochastic modelling of mortality and financial markets., Scandinavian Actuarial Journal, to appear.

H. Aro and T. Pennanen, A user-friendly approach to stochastic mortality modelling , European Actuarial Journal, 1:151-167, 2011.

Refereed book chapters

H.Aro and T.Pennanen, Liability-driven investment in longevity risk management , Springer Volume on Financial Optimization, to appear.

Theses

Mathematical Models for Longevity Risk Magament. PhD thesis, 2013.
Optimointimenetelmiä kemiallisen tasapainon laskemiseen. Master's thesis (in Finnish), Helsinki University of Technology, 2007.
Development of Supervisory Risk Assessment Systems. Case: FSA Finland. Master's thesis, Helsinki School of Economics, 2005.

Teaching

Lecturer, Basic course in probability and statistics, autumn 2013
Lecturer, Differential and integral calculus II, autumn 2013
Lecturer, Applied probability and statistics B, spring 2013
Assistant, Introduction to stochastics, spring 2011
Head assistant, Basic course in mathematics C3-II, autumn 2008
Head assistant, Basic course in mathematics P1, autumn 2007
Head assistant, Basic course in mathematics P2, spring 2007