In February this year we launched our first online Chartered Enterprise Risk Actuary (CERA) seminar. After years of holding successful and popular seminars in a face-to-face setting (predominantly in the UK), the COVID-19 pandemic compelled us to revisit the format of these events in order to continue meeting members’ needs.
Our online sessions are spread over three days, with delegates working through a case study and applying their risk management knowledge and techniques to practical exercises on economic capital allocation, governance, and the creation of an enterprise risk management (ERM) framework for a company’s defined benefit pension scheme (with an emphasis on climate change and sustainability).
Delegates also get the opportunity to discuss ERM issues with practitioners, senior risk officers and chief risk officers in an informal setting. These are members who give their time and share the benefit of their experience, resulting in this being one of the most popular elements of the seminar. There are always a lot of questions and it’s a shame when we have to bring the sessions to a close.
Not only are we happy to once again be able to offer and run seminars for our members who want to become CERA-qualified, we are delighted that the online version has resulted in increasingly international cohorts, with more than half of all the delegates based outside the UK. In fact, the seminar held in June had no UK-based delegates.
As well as widening access to the seminar, we have also curated a more international and diverse group of ERM practitioners. The online nature of the seminar lends itself extremely well to more international cohorts and ERM practitioners, delivering a wealth of experience, views and knowledge. To book a place on a CERA seminar, you first need to have passed or gained an exemption from the SP9 Enterprise Risk Management examination.