Businesses are in need of more robust risk management processes in determining the interconnectivity of risks and the unintended consequences from their decisions, such as with the subprime mortgage issue and the resulting financial crisis. With centuries of experience in managing risk, actuaries are helping businesses navigate the financial, operational and emerging risks through enterprise risk management (ERM). This holistic approach offers a framework for effectively managing uncertainty, responding to risk and harnessing opportunities as they arise. In helping address risk management issues, the Society of Actuaries launched a new credential, the Chartered Enterprise Risk Analyst (CERA).

• Enterprise Risk Management–Actuarial insight in managing enterprise-wide risks
• Financial Crisis: Lessons for Insurers Fact Sheet
• The Financial Crisis and Lessons for Insurers
• Guiding principles of ERM news release
• Risk management case study: COUNTRY Life
• ERM Crossroads fact sheet
• ERM Fact Sheet
• Max Rudolph, FSA, CERA, CFA, MAAA Speaks at the ERM Symposium on the Influenza Pandemic
• Larry Moews Speaks at the ERM Symposium
• Responses from a Q&A Session at the ERM Symposium
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• Chartered Enterprise Risk Analyst (CERA)
• Actuaries aim to upgrade risk management practices globally
• CERA news release
• CERA Fact Sheet
• CERA–A New Breed of Risk Professional

Actuary Biographies–Enterprise Risk Management

• Doug Brooks, FSA, CERA, FCIA, MAAA
• Mike McLaughlin, FSA, CERA, MAAA, FIA
• Max Rudolph, FSA, CERA, CFA, MAAA
• Sim Segal, FSA, CERA, MAAA