Professor and Director- Actuarial Science & Risk Management

Professor and Director

Actuarial Science and Risk Management Program

College of Liberal Arts & Sciences

University of Illinois Urbana‑Champaign

The College of Liberal Arts & Sciences at the University of Illinois Urbana‑Champaign is launching a search for a new Director of the Actuarial Science and Risk Management (ASRM) Program. The position is a full‑time, tenured faculty appointment at the rank of Professor and offers a distinguished scholar the opportunity to lead one of the nation’s top actuarial science programs. Outstanding candidates may be considered for an endowed position.

Illinois has long been recognized as a national leader in actuarial science education. The ASRM program benefits from strong industry partnerships, outstanding student outcomes, continued institutional investment, and an engaged alumni and professional network. The program has grown to serve over 300 students across undergraduate, master’s, and doctoral tracks and is in the process of becoming an independent academic unit within the college.

The Director will provide visionary leadership to further elevate ASRM’s national and international profile and advance its mission in research, teaching, and service.

Key responsibilities include:

• Overseeing faculty recruitment and development
• Promoting academic excellence and curricular innovation
• Managing financial planning and budgetary priorities
• Fostering interdisciplinary collaborations across campus and with industry partners

Successful candidates are expected to teach effectively at both the undergraduate and graduate levels, establish and maintain an active and independent research program, and provide service to the department, the university, and the profession.

Required qualifications:

Ph.D. in actuarial science, statistics, risk management and insurance, finance, data science, or a closely related field, and must qualify for a tenured appointment at the rank of Full Professor. Candidates should demonstrate:

• A record of nationally and internationally recognized scholarship
• Proven experience in academic leadership and service
• Demonstrated teaching competence
• Strong interpersonal and communication skills
• A compelling vision for advancing the unit’s educational and research missions

This is a nine‑month faculty appointment, paid over 12 months, that includes an administrative stipend and a partial teaching release. The budgeted salary range for the position is $135,000 to $240,000. The anticipated start date is August 16, 2026.

To apply, create a candidate profile at (Use the "Apply for this Job" box below). and submit a letter of interest, teaching statement, research statement, and a current curriculum vitae. The letter of interest should address the candidate’s vision and priorities for the unit and how experience is relevant to the position. Applications and nominations should be submitted by February 27, 2026 (extended deadline). Applicants may be interviewed before the closing date, but no hiring decision will be made until after that date.

Applicants may be interviewed before the closing date, however, no hiring decision will be made until after that date.

Inquiries and nominations may be directed to Professor Renming Song, Search Committee Chair, at lascollegehiring.

The University of Illinois must also comply with applicable federal export control laws and regulations and reserves the right to employ restricted party screening procedures for applicants.

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please view our non‑discrimination statement and additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E‑Verify.

Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Requests may also be made for pregnancy, childbirth, related conditions, or religion. Accommodations may be requested through the reasonable accommodations portal or by contacting the Accessibility & Accommodations Division of the Office for Access and Equity at 217‑333‑0885 or emailing accessibility.

Requisition : 1031838

Job Category
:
Faculty

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: .edu