Consultation Hour

By appointment (please send me a short email in advance).

Short CV

  • since 02/2024: Postdoc researcher, Ulm University, Germany
  • 01/2021-06/2024: Ph.D. in mathematics, Bielefeld University, Germany

Teaching

  • Winter Semester 2025: Lecturer for Risk Management in Insurance (Part II); Seminar: Special Aspects of Insurance Economics
  • Summer Semester 2025: Lecturer for Insurance Economics
  • Winter Semester 2024: Lecturer for Risk Theory I; Seminar: Special Aspects of Insurance Economics
  • Summer Semester 2024: Exercise sessions and DAV supplement of Insurance Economics
  • Summer Semester 2024: Seminar: Special Aspects of Insurance Economics

Publications and preprints

  • Zhu, S., and Shi, J. (2022). Optimal Reinsurance and Investment Strategies under Mean-variance Criteria: Partial and Full Information. Journal of Systems Science and Complexity, 35(4), 1458-1479.
  • Ferrari, G., Schuhmann, P., and Zhu, S. (2022). Optimal Dividends under Markov-modulated Bankruptcy Level. Insurance: Mathematics and Economics, 106, 146-172.
  • Chen, A., Ferrari, G., and Zhu, S. (2025). Striking the balance: life insurance timing and asset allocation in financial planning. Scandinavian Actuarial Journal, 1-40.
  • Ferrari, G., and Zhu, S. (2022). On a Merton Problem with Irreversible Healthcare Investment. arxiv.org/abs/2212.05317. Revise & Resubmit with Finance and Stochastics. 
  • Ferrari, G., and Zhu, S. (2023). Optimal Retirement Choice under Age-dependent Force of Mortality. arxiv.org/abs/2311.12169. Submitted.
  • Chen, A., and Zhu, S. (2025). Optimal Consumption under Smooth Ambiguity. Available at SSRN 5131016. Submitted.
  • Chen, A., and Zhu, S. (2025). Health-Wealth Complementarity and Ambiguity in Long-Term Care Insurance. Available at SSRN 5228627. Submitted.
  • Chen, A., Hinken, M., & Zhu, S. (2025). Modeling of Biological and Subjective Age with Economic Applications. Available at SSRN 5382393. Submitted.
  • Huang, Y. J., & Zhu, S. (2025). Mean-Variance Stackelberg Games with Asymmetric Information. arxiv.org/abs/2509.03669. Submitted.