Assistant Professor, School of Risk Management
Albert J. Beer serves as an Assistant Professor and member of the faculty of St. John's University's School of Risk Management and Actuarial Science at the Peter J. Tobin College of Business. He presently holds the position of The Michael J. Kevaney / XL Visiting Professor Of Insurance and Actuarial Practice, The School of Risk Management, Insurance And Actuarial Science. In this capacity, Professor Beer teaches courses on both the graduate and undergraduate levels.
Before joining St. John’s in 2006, Mr. Beer retired as President of American Re-Insurance Company’s Strategic Business Units. In that role he was responsible for all the Underwriting and Marketing functions of American Re’s risk bearing entities including Direct Treaty, Direct Facultative, American Re Credit and Surety, American Re Broker Market, and Munich-American RiskPartners. He also served as Executive Vice President of American Re Corporation, as Chairman, President and CEO of American Alternative Insurance Company and as Chairman, President and CEO of the Princeton Excess and Surplus Lines Insurance Company.
Prior to joining American Re (now Munich Re America) in 1992, Mr. Beer was Chief Actuary and Director of Alternative Risk for the Skandia America Group, where he established a reputation as an internationally recognized expert in the development of the Alternative Market.
From 1984 to 1989, Mr. Beer was a Partner with the consulting firm Tillinghast, a division of Towers, Perrin and held various management positions in the Actuarial and Risk Management Practice Areas. Between 1976 and 1984, he held the position of Professor of Actuarial Science at The College of Insurance, where he was voted Professor of the Year three times.
Mr. Beer is Phi Beta Kappa graduate of Manhattan College where he earned a Bachelor of Science degree in Mathematics and received a Masters of Science degree in Mathematics from the University of Colorado. He is a Fellow of the Casualty Actuarial Society, and has served as the Society’s President. He has also been a member of the Board of Directors of the American Academy of Actuaries. Currently, Mr. Beer serves on the Board of The Actuarial Foundation, a philanthropic organization, sponsoring research, education, and communication initiatives designed to utilize actuarial talent to address societal issues. Also, he has recently been selected to serve on the Actuarial Standards Board, the entity responsible for promulgating standards of practice for the actuarial profession in the United States.
Professor Beer currently teaches:
ACT 3333 – Life Contingencies Part 1
ACT 3334 – Life Contingencies Part 2
RMI 601 – The Management of Risk
RMI 607 – Financial Operations of Insurance Companies