Education and Training to become a "Certified Enterprise Risk Actuary" (CERA)
The CERA additional qualification was established by 13 actuarial associations worldwide in order to strengthen the role of actuaries as risk managers. Meanwhile, 27 associations now offer their members the chance to join the CERA education and training programme. You can find more detailed information on the website of the CERA Global Association.
If you, too, wish to become a specialist in risk management then make an investment in your future and find out about the CERA education and training programme in accordance with the current CERA examination regulations.
Further Information on the CERA Education and Training Programme
If you wish to be admitted to the CERA Education and Training programme you must be a member of the DAV or, if you are not yet a member then you must have been admitted to the examinations to become a DAV actuary.
Please send your completed application (PDF can be completed electronically) by
e-mail to:
Tim.Kampmann@aktuar.de (preferred method of communication)
or
by post to:
Deutsche Aktuarvereinigung e.V. (DAV e.V.)
Tim Kampmann
Hohenstaufenring 47-51
50674 Köln
In accordance with the current examination regulations the CERA Education and Training programme consists of the following four modules:
- Module A: Quantitative Methods of ERM
- Module B: Taxonomy, Modelling and Transfer of Risks
- Module C: Processes in ERM
- Module D: Economic Capital in Enterprise Management and Steering
Because of the content covered you are advised to take Modules A and B first.
The DAA (EAA) offers preparatory seminars for all its CERA examinations. You must attend the mandatory seminars in the respective subject before you can register for the examinations.
Find out more about the preparatory seminars →
Lecture notes for DAA seminars
The lecture notes for DAA seminars are copyright and may only be obtained if you attend the seminar in question.
Exception: candidates who have to re-sit an exam and who have already attended a DAA seminar on the subject in question may purchase the current version of the lecture notes at a reduced rate. This rate is 1/3 of the price of the current seminar.
If you are interested please email the secretariat of the DAV offices on info@aktuar.de.
Examinations take the form of a 180-minute written examination. Examinations for Modules A, C and D are held every year in May and the examination for Module B is held in October.
If you have already passed the specialist course examinations in ERM 1 and/or ERM 2 as part of your DAV education and training, these will automatically be accredited to your CERA education and training, meaning that you will only need to pass the examinations in the subjects you have not yet completed..