Hae Kang Lee

Hae Kang Lee (이해강) is a South Korean finance academic and Assistant Professor of Finance at Korea University Business School (KUBS) in Seoul, a post he took in September 2024 after three years as Assistant Professor of Finance at the Darla Moore School of Business, University of South Carolina (2021-2024). He holds a PhD in Finance from NYU Stern (2015-2021), an MS in Financial Mathematics from Stanford (2006-2007) and a Stanford BAS in Economics and Mathematics with Distinction (2003-2007). His research covers insurance, asset pricing, household finance, health financial economics and machine learning; his work 'Aggregate Lapsation Risk' (with Ralph Koijen and Stijn Van Nieuwerburgh) appeared in the Journal of Financial Economics in 2024. He represented the Republic of Korea at the 2002 International Mathematical Olympiad in Glasgow, winning a silver medal. His self-authored CV lists a prior role as Analyst/Associate in Emerging Markets Structuring at Credit Suisse AG in Seoul (2013-2015); a LinkedIn-index record also lists a 2007-2009 Citi analyst role in New York that his own CV does not show.

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• Quant employment verification: CONFIRMED. Identity is supported: Hae Kang Lee's self-authored CV ([contact omitted], Korea University) lists 'Credit Suisse AG, Analyst/Associate, Emerging Markets Structuring (Seoul, Korea) 2013-2015' as a Research and Professional Experience entry, matching the LinkedIn-index career and the Stanford/NYU education on both. Credit Suisse is a global investment bank and Emerging Markets Structuring is a markets/derivatives desk role, i.e. a quantitative-finance role at a bank. The separately indexed Citi 'Analyst (Quantitative Trading & Analysis)' role (New York, 2007-2009) is index-only and does NOT appear on his own CV, so it is retained as an unverified index claim, not primary confirmation. No hedge-fund, market-making, energy or crypto trading employer appears in any source.Nov 2024
• Quant employment verification: CONFIRMED. Identity is supported: Hae Kang Lee's self-authored CV ([contact omitted], Korea University) lists 'Credit Suisse AG, Analyst/Associate, Emerging Markets Structuring (Seoul, Korea) 2013-2015' as a Research and Professional Experience entry, matching the LinkedIn-index career and the Stanford/NYU education on both. Credit Suisse is a global investment bank and Emerging Markets Structuring is a markets/derivatives desk role, i.e. a quantitative-finance role at a bank. The separately indexed Citi 'Analyst (Quantitative Trading & Analysis)' role (New York, 2007-2009) is index-only and does NOT appear on his own CV, so it is retained as an unverified index claim, not primary confirmation. No hedge-fund, market-making, energy or crypto trading employer appears in any source.
• Assistant Professor of Finance at Korea University Business School since September 2024, hired in the Fall 2024 new-faculty cohort and profiled in a KUBS News interview (2024-09-26).Sep 26, 2024
• Represented the Republic of Korea at the 43rd International Mathematical Olympiad (Glasgow, 2002), earning a silver medal with 26 points (rank 64); he was one of six Korean contestants that year.Jul 2002
• Before KUBS he was Assistant Professor of Finance at the Darla Moore School of Business, University of South Carolina (2021-2024), a first academic appointment directly after his 2021 NYU Stern PhD.Aug 2021
• PhD in Finance, NYU Stern (2015-2021), dissertation committee Stijn Van Nieuwerburgh, Ralph Koijen, Arpit Gupta, Alexi Savov and Menachem Brenner; he then co-authored 'Aggregate Lapsation Risk' (Journal of Financial Economics, 2024) with Van Nieuwerburgh and Koijen, continuing the PhD advising relationships.
• Research focus is insurance, asset pricing, household finance, health financial economics and machine learning - empirical asset-pricing and insurance economics, not systematic/algorithmic trading; the machine-learning thread is applied to mortality/health data, not market prediction.
• Between Stanford (2007) and his PhD (2015) the CV shows Credit Suisse AG (Seoul, 2013-2015) and Joongang Media Network, and the LinkedIn index adds a 2009-2012 'Researcher (Alternative Military Service)' role at TmaxSoft - the latter two are index-only and consistent with the Korean military-service period rather than a finance career.
• Two peer-reviewed publications: 'Aggregate Lapsation Risk' (Journal of Financial Economics 155, 2024) and 'The Financial Benefits of Health Engagement Programs to Life Insurers' (Financial Innovation 10, 2024), the latter estimating up to USD 872m of aggregate insurer value from chronic-condition health engagement.2024
• Teaching includes Investments (KUBS undergraduate, 2024 Fall), Management of Risk and Insurance (USC Moore, 2022-2024) and Foundations of Finance (NYU Stern, 2018 Summer), plus TA roles for Brenner (Futures & Options, Derivatives), Koijen (Portfolio Management) and Van Nieuwerburgh (Asset Pricing).Nov 2024
• He appears as a co-author on NBER working paper w30187 ('Aggregate Lapsation Risk') under the NBER author page, and his personal site (sites.google.com/view/haekanglee) is the self-authored academic hub linking his CV, research and teaching pages with contact [contact omitted].