CERA: the Globally-Recognized Risk Management Credential Reaches 2,000!

OTTAWA, March 27, 2014 /CNW/ - The CERA Global Association is pleased to announce that Jared Strock has become the 2,000th person to earn the prestigious CERA (Chartered Enterprise Risk Analyst) credential.

A CERA, because of their training and experience, can assess and manage the entire risk spectrum of an organization, including financial, operational, and strategic risk. Jared and the other CERAs across the globe—who have earned their designations via the Canadian Institute of Actuaries and similar bodies—add value to enterprise risk management (ERM) through their rigorous training, and they are among those best equipped to provide a 360-degree view of an organization's risk profile.

Jared is an Associate of the Society of Actuaries and a consulting actuary with CSG Actuarial in Nebraska. 

Frank Sabatini, Chair of the CERA Global Association, is delighted to congratulate Jared on this significant achievement and recognize this important step forward for global risk management: "There is a global demand for skilled enterprise risk management professionals. CERA is one of the most comprehensive and rigorous ERM qualifications available."

Jared said: "ERM can apply to a wide range of companies and industries. Whether it's the insurance industry, the banking industry, a Fortune 500 company, or your local restaurant chain, the practice of ERM can be applied, and can add much value to any organization. The broad scope to which ERM applies really attracted me to seeking the designation. The skills I have acquired while gaining the CERA designation will allow me to better serve my clients."

For more information about becoming a CERA or how employing a CERA can benefit your business, visit www.ceraglobal.org.

About the CERA credential and the CERA Global Association

The CERA Global Association grants actuarial organizations the right to award the global CERA credential to individual actuaries and other persons working in the actuarial field who have satisfied the requisite education and training requirements. Organizations are first subject to a rigorous review of their proposed CERA program, ensuring it meets the association's demanding standards. Currently organizations in Australia, Canada, France, Germany, Israel, Japan, the Netherlands, South Africa, Sweden, Switzerland, the United Kingdom, and the U.S. are authorized to award the CERA credential.

The CERA was initially established in the U.S. by the Society of Actuaries in 2007. In 2009, 15 national associations from 12 countries joined to create the global CERA credential, which addresses the growing need for highly qualified risk professionals, especially in the finance sector.

The current members of the CERA Global Association cover five continents and include the Institute of Actuaries of Australia, Canadian Institute of Actuaries, Actuarial Institute of Chinese Taipei, Institut des Actuaires (France), Deutsche Aktuarvereinigung e.V. (Germany), Institute of Actuaries of India, Israel Association of Actuaries, Institute of Actuaries of Japan, Het Actuarieel Genootschap (Netherlands), Actuarial Society of South Africa, Svenska Aktuarieföreningen (Sweden), Swiss Association of Actuaries, Institute and Faculty of Actuaries (UK), Casualty Actuarial Society (U.S.), and Society of Actuaries (U.S.).

The Canadian Institute of Actuaries is the national organization and voice of the actuarial profession. The Institute is dedicated to serving the public through the provision, by the profession, of actuarial services and advice of the highest quality. In fact, the Institute holds the duty of the profession to the public above the needs of the profession and its members.


SOURCE: Canadian Institute of Actuaries

For further information: Media enquiries: Josée Racette, editor and project manager, professional practice, Canadian Institute of Actuaries, at josee.racette@cia-ica.ca or 613-236-8196 ext. 107; OR: For general enquiries regarding the CERA designation, please contact Alicia Rollo, director of membership, education, and professional development, Canadian Institute of Actuaries, at alicia.rollo@cia-ica.ca or 613-236-8196 ext. 136; www.cia-ica.ca; Follow us on Twitter: @CIA_Actuaries

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