Since the development of this highly regarded actuarial qualification in 2007, the number of chartered enterprise risk actuaries (CERAs) has grown steadily and now stands at just over
CERA is a globally recognised and accredited qualification that was initially established in the United States by the Society of Actuaries in 2007. In 2009, 14 national associations from 12 countries joined to create the global CERA qualification, which addressed the growing need for highly qualified risk professionals, especially in the finance sector.
The CERA qualification encompasses a world-class curriculum that combines actuarial science with the theoretical, practical and professional principles of enterprise risk management (ERM). The aim of the curriculum is to instil in successful candidates the key principles underlying the implementation and application of ERM within an organisation, including governance and process as well as quantitative methods of risk measurement and modelling.
Thanks to their training and experience, a CERA can assess and manage the entire risk spectrum of an organisation, including financial, operational and strategic risk and can provide a 360-degree view of an organisation's risk profile.
CERAs are well qualified for more strategic risk management positions, such as risk analyst, risk manager or chief risk officer, and are contributing in a broad range of fields, including life insurance, general insurance, banking, asset management, pension funds, other financial services, technology, consulting, energy, transportation and healthcare. A CERA qualification really can take you anywhere.
Find out about how to join the CERA elite by visiting www.actuaries.org.uk/cera