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 holds the position of The Michael J. Kevaney / XL Chair, The Greenberg 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 Munich Re America Company’s Strategic Business Units. In that role he was responsible for all the Underwriting and Marketing functions of Munich Re America's risk bearing entities including Direct Treaty, Direct Facultative, Credit and Surety, 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 Munich Re America (American Re) 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 and has served as Chairman of the Actuarial Standards Board, the entity responsible for promulgating standards of practice for the actuarial profession in the United States.
Currently, Mr. Beer serves as a Trustee Emeritus 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.
He also currently serves on the Board of four insurance companies: Aspen Insurance Holdings, Aspen Bermuda Ltd. (Audit Committee Chair), United Educators (Audit Committee Chair) and Gramercy Indemnity.