Risk management is a growing and diverse field that is well suited to actuaries. It offers many exciting challenges and opportunities for those who show they can make the grade.
The chartered enterprise risk actuary (CERA) qualification sets an international quality standard, and is recognised by employers as offering a strong grounding
in the subject.
Since 2010, the Institute and Faculty of Actuaries has been permitted to award the CERA qualification to Associates and Fellows who have passed the ST9 examination (enterprise risk management specialist technical).
In 2012, the CERA board granted the Institute and Faculty of Actuaries additional permission, which allows award of the CERA designation to a restricted number of its members who demonstrate a significant level of expertise and experience in enterprise risk management (ERM).
A key objective of this development is to accelerate the establishment of CERA as a premier risk management qualification within the UK by extending it to include experienced ERM practitioners.
The first stage of the process was the recognition in 2012 of 10 ERM thought leaders. The second stage, the verifiable experienced practitioner (VEP) route, is now also open.
Applications are invited from Fellows and Associates of the Institute and Faculty of Actuaries who are experienced ERM practitioners and consider themselves able to meet the eligibility requirements.
Successful applicants will be those who are able to demonstrate a very high level of experience within enterprise risk management, which has been obtained at a senior level.
Applications will be accepted only until 31 July 2013. There will be no further opportunity to apply after this date.
Details of the specific eligibility requirements, the application process and the information required to support each application will be available from 1 February at bit.ly/XDUBvY