Newswise — PHILADELPHIA (April 12, 2012) - Chief actuary & risk officer of Endurance Specialty Holdings Ltd. Michael E. Angelina assumed the role of executive director of the Academy of Risk Management and Insurance at Saint Joseph's University on April 1. Angelina is an accomplished executive with more than 25 years of experience in the field.
Joseph A. DiAngelo Jr., Ed.D. '70, dean of the University's Haub School of Business, says Angelina's background brings a unique perspective for risk management and insurance majors.
"Michael will be a tremendous asset to our program," says DiAngelo. "As an industry professional, he has experience in many aspects of insurance and reinsurance operations. His addition to the program will continue to advance Saint Joseph's premier insurance program."
Angelina has been chief actuary & risk officer of Endurance Specialty Holdings Ltd. since June 2005 and serves on its executive team. He began his insurance career with CIGNA in the workers compensation and actuarial research units. He has over 25 years of professional experience as a practicing actuary. Prior to joining Endurance, Angelina was a principal and head of the Philadelphia office of the consulting actuarial firm Tillinghast Towers Perrin. He is an associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
In addition to his corporate experience, Angelina is also co-author of an industry-wide asbestos actuarial study and participated in the development of the 2003 FAIR Act (proposed Federal asbestos legislation).
"I am looking forward to interacting with local firms to provide internships and employment for our students while further increasing the visibility of the Academy," says Angelina of his new role. "Through my past and current interactions, I've been very impressed by Saint Joseph's program. I am committed to working toward its continued success."
Established in 2007 within the Haub School of Business, the Risk Management and Insurance program has achieved rapid growth. With support from insurance executives comprising its advisory board, the program awards $75,000 in scholarships annually; has a chapter of Gamma Iota Sigma, a professional fraternity of risk management and insurance students; is one of 21 schools with a Global Association of Risk Professionals (GARP) collegiate chapter; and is ranked No. 11 by U.S.News & World Report's "America's Best Colleges" among similar programs nationally.
Background: Founded by the Society of Jesus in 1851, Saint Joseph's University advances the professional and personal ambitions of men and women by providing a demanding, yet supportive, educational experience. One of only 152 schools with a Phi Beta Kappa chapter and AACSB business school accreditation, Saint Joseph's is home to 4,650 traditional undergraduate day students, 700 College of Professional and Liberal Studies adult undergraduates, and 3,600 graduate and doctoral students. Steeped in the 450-year Jesuit tradition of scholarship and service, Saint Joseph's was named to the 2012 President's Higher Education Community Service Honor Roll for General Community Service. The University strives to be recognized as the preeminent Catholic comprehensive university in the Northeast.