Enterprise Risk Management (ERM) Module

Welcome to the Enterprise Risk Management: ERM (CERA/ FSA) Module home page! Please review all of the information and links provided below. The ERM CERA/FSA module is an e–Learning module where you acquire and use knowledge that is distributed and facilitated electronically. The electronic e–Learning facility will also provide information regarding required text readings and other non–computer–based activities.

The goal of the ERM Module is to provide you with an understanding of, and appreciation for, developing an ERM framework, identifying/defining operational risks, developing and analyzing economic capital models, and understanding various risk management approaches.

Candidates have flexibility with regard to the order requirements are completed. However, the SOA has established a recommended order for each fellowship track. These recommendations are effective for all exams and modules completed after July 1, 2012. Candidates should be aware that an examination/module may assume familiarity with material that is covered in any requirement that is recommended to come before that examination or module.