Associate Professor Fei Huang
- Senior Fellow of Advance HE (SFHEA)
- PhD, Australian National University
- MPhil, University of Hong Kong
- BSc, Xiamen University
Fei is an Associate Professor in the School of Risk and Actuaries Studies and Lead - Data and AI Tech of »Ê¹Ú²ÊƱ Business AI Lab. She received her BSc. in Mathematics from Xiamen University, MPhil in Actuarial Science from the University of Hong Kong, andÌýPhDÌýin Actuarial Studies from the Australian National University.ÌýBefore joining »Ê¹Ú²ÊƱ in July 2020, she was a senior lecturer at the Australian National University. Fei is a columnist writing Responsible Data Science series for Actuaries Digital - Actuaries Institute Magazine.
Fei’s research focuses on responsible AI and data-driven decision-making, with particular emphasis on insurance, risk management, and actuarial applications. She draws on tools from statistics, machine learning, economics, and marketing to design solutions that are not only accurate and interpretable, but also fair, stable, and privacy-preserving. A central aim of her work is to ensure that insurance and superannuation (retirement income products) remain equitable, affordable, and sustainable in the face of advancing AI and a changing climate. Her recent research spans three key areas:
- Responsible AI: advancing understanding and quantitative adoption of key principles, especially in the insurance and superannuation industries, including accuracy, fairness, interpretability, uncertainty quantification, privacy, and stability, to ensure trustworthy and ethical data-driven decision making. HerÌýresearch on antidiscrimination insurance pricing has received several prestigious awards from both academia and professional bodies, including theÌý.
- Climate disaster insurance: tackling challenges related to affordability, sustainability, and fairness in climate disaster insuranceÌýpolicy and design. This work is funded by an Ìý"Dealing with Climate disasters" (2025-2028).
- Mortality and retirement income: examining socio-economic mortality differentials and their implications forÌýretirement income and annuity systems. She ledÌýthe development of the interactive dashboardÌýÌý²¹²Ô»åÌý´Ç±è±ð²Ô-²¹³¦³¦±ð²õ²õ to help Australians, industry, and government better understand longevity patterns, using linked individual-level national datasets.
Her work has been published in leading actuarial journals and received several prestigious research awards, including the National Industry PhD Program Award, ABDC Innovation and Excellence Award for Research (Emerging Applied Category), Carol Dolan Actuaries Summit Prize, Amecian Academy of Actuaries' Award for Research, ASTIN Colloquium Best Paper Award, the Actuaries Institute's Volunteer of the Year Award in the Spirit of Volunteering category, and the »Ê¹Ú²ÊƱ Business School SDG Research Impact Award. Her research has been funded by multiple international and domestic institutions, including the Australian Research Council (Discovery Project), the Society of Actuaries, and Milliman.
Fei teaches actuarial data science and statistical machine learning at »Ê¹Ú²ÊƱ.ÌýÌýBy collaborating with industry partners, she incorporates contemporary industry challenges into the course syllabus to offer a unique industry-engaging experience for students.ÌýHer educational excellence has been recognised by winning the »Ê¹Ú²ÊƱ John Prescott Award for Outstanding Teaching Innovation (2022), the ANU Vice Chancellor’s Award for Teaching Excellence in the Early Career Category (2018) and the ANU College of Business and Economics Award for Teaching Excellence in the Early Career Category (2017).ÌýÌýFei is a Senior Fellow of Advance HE (SFHEA).
Fei works with insurers, consulting firms, and government agencies for transformative research and education projects, covering a wide range of topics. Examples of such collaborations include mortality modelling, fairness metrics for life insurance, Interpretable and fair insurance pricing using causal models, personalised customer management, bushfire risk modelling, multi-coverage bundled insurance pricing, claims inflation forecasting, and property insurance pricing with high-cardinality features.
- Publications
- Media
- Grants
- Awards
- Research Activities
- Engagement
- Teaching and Supervision
- Dealing with Climate Disasters (with Jeremy Moss), )Australian Research Council (ARC)ÌýDiscovery Project, 2025-2027, $439,488Ìý
- National Industry PhD Program Award, 2024
- Interpretable and Fair Insurance Risk Pricing using Causal Models (with Joshua Loftus (LSE)),ÌýSOA CKER and CAS Individual Grant Competition, 2024
- Fairness Metrics for Life Insurance (with Milliman), SOA Research Grant, 2023
- , Recipient: Xi Xin (PhD student), for paper "". 2025
- ,Ìýwith PhD student Xi Xin as a team member, 2024
- , with Zurich Cover-More, Industry PhD candidate Laura Zhao, 2024
- , 2023
- Bloomberg Education Excellence Award - Best Innovative Teaching Practice (with Kevin Liu, Xiao Xu, Jonathan Ziveyi, and Sherry Zhang), 2023
- , 2023
- , 2022
- , 2022
- , 2022
- , 2018
- , 2017
- Climate Disaster Insurance - ARC Discovery Project (2025-2028)ÌýÌýwith Jeremy Moss
- Responsible AI -- Fairness and Discrimination in insurance pricing
(1)ÌýÌý(with Edward (Jed) Frees), NAAJ, 2023
(2)Ìý(with Xi Xin), NAAJ,Ìý 2024Ìý
This paper won the inauguralÌýCarol Dolan Actuaries Summit Prize, ASTIN Colloquium Best Paper Award, and American Academy of Actuaries' Academy Award for Research.
(3)ÌýWelfare Implications of FairÌýand AccountableÌýInsurance PricingÌý(with Hajime Shimao), 2024 ()
(4)ÌýWelfare Implications of Fairness Regulations in Insurance Cost Modeling: A Multi-Method Study (with Hajime Shimao and Warut Khern-am-nuai), 2025 ()
(5) Learning Fair Decisions with Factor Models: Applications to Annuity Pricing (with Junhao Shen, Yanrong Yang, and Ran Zhao), 2025 ()
(6) Marginal Fairness: Fair Decision-Making under Risk Measures (with Silvana M. Pesenti), 2025 ( /Ìý ) - Responsible AI -- Transparency and Interpretability
(1) Why You Should Not Trust Interpretations in Machine Learning. (with Xi Xin and Giles Hooker) () - Mortality and Retirement Income -- Socio-economic Longevity Differentials
(1) Towards Fairer Retirement Outcomes: Socio-economic Mortality Differentials in Australia (with Francis Hui and Andres Villegas) (Ìý/ÌýÌý/Ìý) - Mortality and Retirement Income -- Advanced-age mortality modelling
(1)Ìý (with Ross Maller and Ning Xu), Insurance: Mathematics and Economics, 2020 - Customer Churn Analysis and Customer Management
(1) (with Yumo Dong, Edward (Jed) Frees, Francis Hui), ASTIN Bulletin, 2022 ()
(2) A Joint Model of Cost and Churn for Stochastic Cost Industries (with Yumo Dong, Edward (Jed) Frees, Francis Hui, and Harald Van Heerde) ()
Ìý
Software Packages
: STLT fits the Smooth Threshold Life Table (STLT) and Dynamic Smooth Threshold Life Table (DSTLT) as outlined in . It also provides S3 methods for predicting using fitted STLT and DSTLT models, as well as plotting the fitted lines.
Open Dataset
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Online Interative AppÌý
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Media Coverage:
- Actuaries Digital, 2025,
- Business Think, 2025,Ìý
- The Actuary Magazine (IFoA), 2025,Ìý
- Actuaries Digital, Responsible Data Science column, 2025,ÌýThe Price of Loyalty: Rethinking Optimisation in Insurance Pricing
- Actuaries Digital, Responsible Data Science column, 2025,
- Featured in to celebrate »Ê¹Ú²ÊƱ Sydney’s 75th anniversary, 2024
- Forbes Advisor, 2024,Ìý
- Business Think. 2024,Ìý