The CERA qualification provides risk professionals with strong ERM knowledge that drives better business decisions.
Members of the Institute and Faculty of Actuaries (IFoA) are eligible to receive the CERA qualification if they:
- become an Associate member and pass ST9, the Specialist Technical exam in enterprise risk management; or
- become a Fellow (or have completed the exams required to transfer to the class of Fellow) and have passed ST9 as one of their ST subjects for Fellowship, or as an additional ST subject; and
- attend a CERA seminar, which will enable them to investigate and discuss more practical applications of enterprise risk management.
Further information about how to become a CERA can be found in the Plan my study route area of the site.
You can find out more about the qualification, including:
- where CERA qualified actuaries work
- the types of roles they fulfil
- the value that they can add to risk management, and
- the growth of the qualification
in the Risk Management pages.
Background to the CERA qualification
In November 2009, 14 actuarial education organisations from around the world took the unprecedented step of agreeing to collaborate to develop and administer a new qualification in ERM, the Chartered Enterprise Risk Actuary (CERA) – a ground breaking achievement, and the birth of the Global CERA Treaty.
The CERA Global Association (CGA) grants actuarial organisations the right to award the global CERA qualification to individual actuaries who have satisfied the requisite education and training requirements set out in the CERA Global Treaty.
As a signatory of the CERA Global Treaty, the Institute and Faculty of Actuaries (IFoA) can award the CERA qualification to suitably qualified members of the IFoA.
To find out how CERA can enhance your career opportunities, go to the CERA global website.
We aim to respond to all enquiries within five working days.