Endurance Specialty Holdings Ltd’s chief actuary and chief risk officer will step down later this month to take the role of executive director of the Academy of Risk Management and Insurance at St Joseph’s University in Philadelphia.Mr Angelina joined Endurance as its Chief Actuary and Chief Risk Officer in June 2005 after a 20 year career that included actuarial roles with CIGNA and Reliance Reinsurance and more recently a 17 year period with Tillinghast and Towers Perrin where he was a senior consulting actuary and ultimately the Managing Principal for the Philadelphia practice.During his career, Mr Angelina has made significant contributions both to the actuarial profession and to the practice of risk management in the property and casualty insurance industry, Endurance said in a statement released yesterday. This includes his work in the fields of asbestos and pollution liability, his volunteer work for the American Academy of Actuaries and most recently the development of Endurance into an industry leading practitioner of enterprise risk management.Endurance CEO David Cash said: “Since joining Endurance in 2005 Mike has been a key member of Endurance’s management team and has made many important contributions to Endurance as it has evolved from a focused Bermuda company into a US and international insurer and reinsurer.“We all wish Mike great success in his new role with St Joseph’s University and we thank Mike and his family for the significant contributions he has made to Endurance’s success.”