How Do I Become a Market Risk Analyst?
The Chartered Enterprise Risk Analyst (CERA) qualification is the most comprehensive and deepest reflection of existing risk management expertise. It is the latest professional qualification introduced by the North American Actuarial Society to address the growing importance of enterprise risk management.
Chartered Enterprise Risk Analyst
- This entry lacks an overview , an information bar , and an overview map . Supplementing related content makes the entry more complete and can be upgraded quickly. Come on!
- The Chartered Enterprise Risk Analyst (CERA) qualification is the most comprehensive and deepest reflection of existing risk management expertise. It is the latest professional qualification introduced by the North American Actuarial Society to address the growing importance of enterprise risk management.
- Registered enterprise risk analysts focus on how operational risk, investment risk, strategic risk, and reputational risk affect a business in a comprehensive way. Therefore, a registered enterprise risk analyst is qualified to act as a risk analyst, risk management manager, and chief risk officer in the following areas:
- · Insurance
- · Reinsurance
- Consulting market
- Broader financial services
- · Energy
- · Transportation
- · Media
- · Technology
- · Manufacturing
- · medical insurance
- Professionals need approximately 3 to 4 years to complete an ERM course, which combines basic actuarial science and ERM principles and ethics courses. ERM qualification courses include:
- · P test (probability)
- · FM exam (financial mathematics)
- · Education Qualification Examination-Economics
- · Examination M-Actuarial Risk Model of Financial Economy
- · C exam-the establishment of actuarial models
- · Advanced Finance / Enterprise Risk Management Exam
- · Enterprise Risk Management Analyst Course (Operational Risk)
- · Associate Member Professional Conduct Course
- Enterprise risk management (ERM) focuses on cooperation between departments to manage the overall risk of the enterprise. Enterprise risk management provides a framework for effectively managing uncertainties, responding to risks, and how to seize opportunities.
- Drivers that need ERM include:
- More transparent
- Financial disclosure with stricter reporting and control requirements
- · Safety and technical issues
- · Continuity and disaster preparedness awareness after 9-11
- · Monographs by credit rating agencies
- · Regulatory
- · A more competitive environment and globalization