Loading component...
Experience
For a few clients with active hedge programs, Chad has overseen many of the daily operations of the programs and has performed strategic analysis of projected hedge program performance through the construction and use of complex stochastic-on-stochastic financial projections. As many clients have started to view hedging as a key consideration in product design, Chad has assisted with development of liability and option valuation models to assess pricing of new products and has implemented new models for these products in MG-Hedge. In addition to his focus on market-consistent valuations and hedge strategy performance testing, Chad has created customized models to address capital requirements and GAAP accounting measures.
Professional Designations
- GARP Certified Financial Risk Manager (FRM)
Education
- MS, Physics, Clemson University
- MS, Financial Mathematics, University of Chicago
Publications
Read their latest work
Article
GPU: Exploring use cases in actuarial modeling
04 February 2026 - by Karol Maciejewski, Chad Schuster, Jim Brackett, Corey Grigg
Can GPUs be effectively used for actuarial modeling and, if so, for which use cases and how?
Article
Meeting software, hardware challenges: Driving computer efficiency in actuarial valuation and analysis
12 September 2025 - by Chad Schuster, Jim Brackett, Corey Grigg
We explore how actuaries can address software and hardware challenges to improve computing efficiency in valuation and analysis.
Article
Python and Numba
15 April 2025 - by Jim Brackett, Chad Schuster, Donal McGinley, Corey Grigg, Kshitij Srivastava
We review how Numba, a technology for transforming Python code to native machine code, can help accelerate processing to help insurers deliver value.
