The CERA credential provides risk professionals with strong ERM knowledge that drives better business decisions applied in finance and insurance and well beyond. Professional, ethical and trusted, with impeccable standards and integrity, a professional with the CERA credential is able to communicate effectively ideas with leadership and is qualified to play varying roles within an organisation, from risk manager to Chief Risk Officer and more.
Members of the IFoA can obtain the CERA credential if they:
- become an Associate, including having a pass or exemption from CP2 and CP3, or
- become a Fellow.
You will also need to:
- pass, or be exempt from, the SP9 (Enterprise Risk Management) exam, and
- attend a CERA seminar (this is for those passing the SP9 exam after 1 September 2012, or who were granted an exemption after 30 January 2013). The seminar will enable you to investigate and discuss more practical applications of enterprise risk management.
Before you can attend the CERA seminar you will need to have passed, or been granted an exemption from, the SP9 exam. You do not need to have completed all the other exams yet.
An exemption from SP9 may be granted if you have successfully completed an:
- MSc in Actuarial Management at Heriot-Watt University
- MSc in Applied Actuarial Science from the University of Kent
The process to receive the CERA designation is as follows:
- pass, or be exempt from, the SP9 (Enterprise Risk Management) exam
- attend a CERA seminar
- complete an application form for the designation and return it to the Partnership Executive
- the Partnership Executive will contact you to confirm that you have, and can use, the CERA designation.
Members of other CERA accredited associations should contact their own association to find out how to obtain the qualification
To find out how CERA can enhance your career opportunities, vist the CERA Global website.
To learn how to get into Enterprise Risk Management (ERM), have a look at the risk management practice area of the website, in particular the pages on 'how to get into ERM'.
- 25 February 2016
- 12 October 2015
- 12 October 2015
- 13 November 2012
You might also like
We aim to respond to all enquiries within five working days.
Filter or search events
What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
Delivered by the IFRS 17 Contractual Service Margin working party.
The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields.
This session is a repeat of the one earlier today at 09:30
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.