CERA Fast Facts
The Benchmark in ERM Expertise
The Chartered Enterprise Risk Analyst (CERA) credential encompasses the most comprehensive and rigorous demonstration of enterprise risk management expertise available.
The CERA credential is the first new professional credential developed by the Society of Actuaries (SOA) since 1949 in response to the growing ERM field.
Real-World Solutions
A CERA focuses on how operational risk, investment risk, strategic risk, and reputational risk collectively impact an organization. Therefore, A CERA is qualified for such positions as risk analyst, risk manager, and chief risk officer in fields such as:
- Insurance
- Reinsurance
- Consulting markets
- Broader financial services
- Energy
- Transportation
- Media
- Technology
- Manufacturing
- Healthcare
World-Class ERM Curriculum
Professionals need to spend an estimated three to four years to complete the ERM curriculum combining basic actuarial sciences, ERM principles and professional conduct requirements. The CERA credential curriculum includes:
- Exam P (Probability)
- Exam FM (Financial Mathematics)
- Validation by Educational Experience (VEE) Economics
- Exam M (Actuarial Models) segment of MFE
- Exam C (Construction of Actuarial Models)
- Advanced Finance/Enterprise Risk Management Exam
- CERA Module (Operational Risk)
- 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 18,000+ members. To learn more, visit www.soa.org.

