The European Actuarial Academy is one of the main providers of actuarial education – especially when it comes to Enterprise Risk Management (ERM). The concept of ERM has gained significant momentum in the insurance industry and beyond. In this context, we offer a series of four training courses and exams (through DAV) to all actuaries who want to deepen their knowledge in Enterprise Risk Management and gain the international ERM-credential CERA.

We would like to draw your attention to two CERA seminars scheduled for spring 2020:

CERA, Module C: Processes in ERM on 9/10 March 2020 in Barcelona, Spain

This seminar deals with the challenges of implementing ERM Processes in practice. Experienced speakers present and discuss examples from practice, eg. how to define an organisation’s risk strategy, risk appetite, risk tolerances and limits, and of course discuss how business strategy influences risk strategy and show their necessary interaction. In a detailed case study in non-life insurance, we demonstrate the close relationship between ERM and Value and Risk Based Management. We give examples how financial and other risks influence the selection of strategy, and we show how ERM can be appropriately imbedded in an entity’s strategic planning and discuss the Own Risk and Solvency Assessment.

The seminar fee for this CERA seminar module C is € 850 plus 21% VAT.

CERA, Module D: ERM – Economic Capital on 11/12 March 2020 in Barcelona, Spain

The seminar is concerned with the question of economic capital in corporate management. Key aspects are

economic valuation and performance
economic steering
key performance indicators
value based management
A simplified case study for a life insurer shows in a nutshell the central aspects of corporate management in practice. The course consists of lectures and workshops. Participants are encouraged to bring their own topics to discussion.

The seminar fee for this CERA seminar module D is € 850 plus 21% VAT.

Please find all additional information in this print version for Processes in ERM and for ERM – Economic Capital as well as on our website where you will find the registration forms. An overview on other upcoming events can be downloaded as well. Please be aware that the CERA credential can only be obtained by members of Award Signatory associations of the CERA Global Association. In case of questions please also contact your local actuarial association.