Olivier Le Courtois is a Professor of Finance and Insurance at EM Lyon Business School, and the coordinator of the CEFRA.

He completed his Ph.D. in financial and actuarial mathematics at the University of Lyon 1. Alumnus of Ecole Normale Supérieure de Lyon, Agrégé de Sciences Physiques, Msc. in Financial and Actuarial Studies, he has worked on the Fixed Income desks of international banks in Tokyo. He also holds a Habilitation in Management Science.

His range of expertise goes from Life Insurance to Derivatives Pricing. He is particularly fond of interest rate modelling and real-world applications of stochastic processes in the realms of finance and insurance. His research has focused on Lévy processes and their applications, on the pricing of exotic options and life-insurance guarantees, on determining the optimal capital structure of the firm under various assumptions, and on the valuation of bank deposit guarantees. He has published in French and international journals, such as the North American Actuarial Journal, Insurance: Mathematics and Economics, the Geneva Risk and Insurance Review, the Journal of Derivatives, and others, and has received several awards for his works.