Carole Bernard is currently associate professor in the department of Statistics and Actuarial Science at the University of Waterloo. In 2005, she obtained her PhD in Finance from the University of Lyon in France on the subject of "Valuation of Guarantees in Insurance and in Finance using the Option Theory". It received the award for the best PhD in Finance (2005) in France. Since then, Dr. Bernard has published in many journals in actuarial science, mathematics, economics and finance. She was recently awarded the 2011 EGRIE Young Economist Best Paper Award for the paper "Financial bounds for Insurance Claims" with Steven Vanduffel and the 2012 Johann de Witt prize for the paper "Explicit Representation of Cost-Efficient Strategies" with P. Boyle and S. Vanduffel.