EAA Web Session ‘CERA, Module D: ERM – Economic Capital’

CERA Education

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.

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. The defining characteristics of the CERA-credential as offered by the European Actuarial Academy are:

– Provides the most comprehensive and rigorous training in ERM
– Is a fast-growing globally-recognised credential
– Combines a range of business and professional skills with the mathematics of finance and risk
– Equips risk management professionals to empower better business decisions and more profitable business development
– Has a wide range of applications in insurance and finance, and well beyond
– Is supported by actuarial associations worldwide
– Is recognised and transferable internationally
– Has a rigorous and advanced curriculum underpinned by actuarial science, with an emphasis on ERM and professionalism
– Offers career choices outside the traditional actuarial markets
– The Web Session ‘ERM – Economic Capital’

The present training 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.
Anmeldeschluss: 2025-03-28