1/2 Apr 2019 in Madrid
CERA, Module C: Processes in ERM
The CERA qualification is open to all fully qualified actuaries who want to deepen their knowledge and expertise in the field of enterprise risk management (ERM). CERA was established in 2009, today over 4,000 qualified experts are entitled to use the credential. 27 actuarial associations around the world are CERA member associations.
The CERA credential’s mission is to advance the field of enterprise risk management worldwide by providing the preeminent qualification combining technical rigour, practical understanding and professional regulation.
The defining characteristics of the CERA credential as offered by the European Actuarial Academy are:
The Seminar ‘Processes in ERM’
This module deals with the challenges of implementing ERM Processes. It includes requirements on ERM Processes and the discussion of best practices. It will be presented how to define an organisation’s risk strategy, risk appetite, risk tolerances and limits. We discuss how business strategy influences risk strategy and show their necessary interaction. We demonstrate the close relationship between ERM and Value and Risk Based Management and show how financial and other risks influence the selection of strategy. We show how ERM can be appropriately imbedded in an entity’s strategic planning and discuss the Own Risk and Solvency Assessment. We present the application of an internal risk control process. In the context of ERM reports to different stakeholders are required (management, supervisory body, regulators, public disclosure). We give an overview of the different reports and the main contents. Further we show examples of communication processes in the context of ERM. During the seminar we present case studies to discuss the main subjects.
Organised by the EAA - European Actuarial Academy GmbH in cooperation with the Instituto de Actuarios Españoles.
The seminar is open to anybody who is interested in obtaining comprehensive skills on Enterprise Risk Management.
During this seminar, you will not need your laptop.
Purpose and Nature
This seminar is one part in a course that consists of four modules. They can be booked as a whole series to fulfil the requirements for receiving the CERA designation, or individually as CPD training. Written exams on the course are offered subsequently.
Please contact your actuarial association regarding the recognition of the seminars and the exams. The national association has to be at least Acceding Party of the CERA Global Association so that an actuary who passes this course may receive the CERA credential. Please visit www.ceraglobal.org to get information if your association is entitled to issue the CERA designation.
Julian BischofJulian is a manager within the financial services organization of EY, based in Frankfurt. He has more than 13 years of experience in the insurance industry. As Solvency II project leader, Julian successfully implemented Solvency II at a German life insurance company. He used to work in the risk management department where he developed, in close cooperation with the company’s actuaries, the risk management system for adherence with the requirements set out by the Solvency II regime. In addition, he established and lead through various ORSA processes. Additionally, he has gained extensive experiences during internal audits on the systems of governance and risk management systems of various insurance companies. In 2015 he got his MBA degree as well as a university certificate as risk manager. Julian fluently speaks German, English, and Dutch.
Andreas Schlögl Since April 2014 Andreas Schlögl is working in Milan for Assicuazioni Generali SpA. First as the Head of Group Non-Life UW Risk Management responsible for all the Group Non-Life Underwriting Risk Capital Models, Catastrophe Risk Management and Business Support, secondly as Risk Officer for the Business Segment “Global Business Lines” with the responsibility for the Risk Management of the Global Corporate Lines in P&C, Life and Health. Since November 2018 he acts as the Chief Risk Officer for the “International” Region with the responsibility for the Risk Management in more than 20 countries in Southern Europe, Switzerland, Americas and Asia. Prior he used to work for a global consulting company and a large reinsurance company having a different set of responsibilities in Enterprise Risk Management methodology and processes. He holds a diploma in business mathematics from the University of Augsburg, is member of the DAV and holds the title as CERA. He acts as a lecturer for DAV and EAA for CERA and acted in various trainings for ORSA and Internal Models.
Venue & Accommodation
The seminar will take place at the hotel
H10 Puerta de AlcaláAlcalá 6628009 Madrid, SpainHotel website
We have arranged special prices for accommodation. The special rate is 145.00 € per night, including breakfast and VAT. It is valid for bookings by 12 March 2019 out of our allotment “EAA Seminar”. Our allotment includes a limited number of rooms. Kindly book your accommodation directly with the hotel using this booking form, and note the hotel’s reservation terms and conditions and the hotel’s cancellation policy.
The CERA exams are organised by the Deutsche Aktuarvereinigung e. V. (German Association of Actuaries) in German and English.
For further information and exam registrations, please contact Tim Kampmann at
email@example.com. If this would be your first CERA exam, please kindly send a certificate confirming that you are a full member of your actuarial association via e-mail in addition.