CERA Fast Facts

The future of risk management

The Chartered Enterprise Risk Analyst (CERA) credential encompasses the most comprehensive and rigorous demonstration of enterprise risk management expertise available. With unmatched ERM expertise, CERAs are effectively shaping the way organizations view risk—helping businesses develop innovative strategies that make a difference across their enterprise.

Developed by the SOA in response to the growing ERM field and the changing marketplace, the CERA is the face of the future of risk management.

Real-world solutions

A CERA focuses on how operational risk, investment risk, strategic risk and reputational risk collectively impact an organization. Therefore, CERAs are well-qualified for more strategic risk management positions such as risk analyst, risk manager and chief risk officer, and are contributing in a broader range of fields, including:

• Insurance
• Reinsurance
• Consulting
• Broader financial services
• Energy

• Transportation
• Media
• Technology
• Manufacturing
• Healthcare

World-class ERM curriculum

With a curriculum that was updated in July 2012, now more than ever, the CERA credential prepares candidates with a strong foundation in enterprise risk. Professionals spend an estimated three to four years completing the ERM curriculum combining basic actuarial sciences, ERM principles and professional conduct requirements. The SOA’s well-rounded CERA credential curriculum includes:

• Exam P (Probability)
• Exam FM (Financial Mathematics)
• Validation by Educational Experience (VEE) Economics and Corporate Finance
• Exam MFE (Models for Financial Economics)
• Exam C (Construction and Evaluation of Actuarial Models)
• Fundamentals of Actuarial Practice Course
• Enterprise Risk Management Exam
• Enterprise Risk Management Module
• Associateship Professionalism Course

Strong professional network

The Society of Actuaries (SOA) is an educational, research and professional organization dedicated to serving the public and its 23,000+ members. To learn more, visit SOA.org.

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