Pavel Shevchenko

Prof Pavel Shevchenko is a Professor in the Department of Actuarial Studies and Business Analytics at Macquarie University. He previously held a Senior Principal Research Scientist position at CSIRO Australia (1999-2016). His research focuses on quantitative risk, including operational risk, credit risk, longevity modelling, insurance, commodities pricing, and numerical methods. He leads the Risk Analytics Lab (since 2016) and co-directs the Centre for Risk Analytics (since 2017).

Education:

• MSc in Physics from Moscow Institute of Physics and Technology (1994)
• PhD in Mathematics from University of New South Wales (1999)

Research Interests: Prof Shevchenko's work bridges academic theory and industry applications, with particular emphasis on financial risk quantification. His recent work explores climate adaptation pathways, optimal decision-making frameworks for natural hazards, and machine learning applications in finance. He has pioneered methodologies for loss distribution approaches in operational risk and developed simulation techniques for variable annuities.

Key Research Contributions: Over 60 journal articles and 80 technical reports, including seminal works on risk capital modeling, longevity risk securitization, and stochastic mortality modeling. His 2024 paper on New York City climate adaptation demonstrates integration of extreme value theory with real options analysis.

Awards:

• 1998: Award for Postgraduate Excellence (UNSW)
• 2007: CSIRO Go for Growth Award
• 2013-2019: Adjunct Professor at UNSW

Professional Roles: Editor for RISKS and Journal of Operational Risk; member of Australia's Retirement Incomes Working Group. Active in industry consulting for financial institutions and keynote speaker at global conferences.