Sessional Lecturer, STAHS L0101 - Simulation Methods Finance & Insurance

Course Details

Date Posted: 06/23/2026

Req : 48640

Faculty/Division: Faculty of Arts & Science

Department: Department of Statistical Sciences

Campus: St. George (Downtown Toronto)

Existing Vacancy: Yes

STA
2571HS L0101 - Simulation Methods for Finance & Insurance (0.25 FCE). This course provides a rigorous and hands‑on exploration of numerical techniques used to model complex systems in finance and insurance. Students will learn how to simulate and analyze stochastic processes that underlie asset prices, risk dynamics, and actuarial models. Key topics include the generation of random variables, simulation of stochastic differential equations, and advanced Monte Carlo methods such as variance reduction, multilevel and importance sampling, least‑squares Monte Carlo, and Markov chain Monte Carlo for Bayesian inference.

Emphasis is placed on both the theoretical foundations and practical implementation of these methods in real‑world financial and insurance contexts.

Up to 38

70 hours – The availability of TA support is contingent on class enrolment and class size.

Tuesdays 6:00 – 9:00 pm

In person

January 1, 2027 to April 30, 2027 (first half)

May be negotiated based on industry experience.

• Sessional Lecturer I – $4,998.74
• Sessional Lecturer I Long Term – $5,349.61
• Sessional Lecturer II – $5,349.61
• Sessional Lecturer II Long Term – $5,476.98
• Sessional Lecturer III – $5,476.98
• Sessional Lecturer III Long Term – $5,614.45

(Rates are pro‑rated to FCE)

Rates stated in the collective agreement prevail.

• Relevant background and education in the field of Mathematical Finance/Statistics.
• Currently active in the finance industry with at least five years’ experience in finance/insurance.
• Prior experience teaching at the university level.

• Teaching
• Setting and invigilating term tests and final examinations
• Reporting final grades
• Counseling students
• Supervising teaching assistant(s) if applicable

All individuals interested in the position must submit a Curriculum Vitae and the CUPE 3902 Unit 3 Application Forms available at (Use the "Apply for this Job" box below). to unit

Candidates who are members of Indigenous, Black, racialized, and 2

SLGBTQ+ communities, persons with disabilities, and other equity‑deserving groups are encouraged to apply, and their lived experience shall be taken into consideration as applicable to the position.

July 22, 2026 11:59 PM EDT

Preference is given to qualified individuals advanced to the rank of Sessional Lecturer II or Sessional Lecturer III per Article 14:12 of the CUPE 3902 Unit 3 collective agreement.

Undergraduate or graduate students and postdoctoral fellows of the University of Toronto are covered by the CUPE 3902 Unit 1 collective agreement rather than the Unit 3 collective agreement, and should not apply for positions posted under the Unit 3 collective agreement.

This job is posted in accordance with the CUPE 3902 Unit 3 Collective Agreement.