Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Risk Management
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Reply
 
Thread Tools Search this Thread Display Modes
  #31  
Old 06-22-2008, 06:00 PM
Mike McLaughlin's Avatar
Mike McLaughlin Mike McLaughlin is offline
SOA President
SOA AAA
 
Join Date: Mar 2005
Location: Chicago
Favorite beer: Red Stripe
Posts: 79
Default

By the way several other actuarial bodies are looking into an international ERM credential. The Institute (UK), Faculty (Scotland), Inst. of Australia, CIA, South Africa and I believe Mexico, are working together with the International Actuarial Association. The Casualty Society and the SOA are also involved and supportive subject to further evolution of the concepts. This is just a brief summary, but there are 2 working parties, one working on recognition and the other on syllabus, with a long-term goal of creating an international credential. So the idea of an ERM credential is gaining wide acceptance among actuarial organizations.
Reply With Quote
  #32  
Old 06-23-2008, 12:59 AM
silverfox's Avatar
silverfox silverfox is offline
Member
CAS SOA COPA
 
Join Date: May 2005
Favorite beer: Westmalle Tripel
Posts: 14,853
Default

Could the designation gain greater acceptance if it was a completely different path from the ASA/FSA designations as opposed to a point that is merely a step along the way (almost). It makes me think of how people get their CPCU and then get their AIAF designation because so much overlap with the CPCU exams. And then it's just two more exams for another designation.
__________________
Reply With Quote
  #33  
Old 06-23-2008, 07:19 AM
JMO's Avatar
JMO JMO is offline
Carol Marler
Non-Actuary
 
Join Date: Sep 2001
Location: Back home again in Indiana
Studying for Nothing actuarial.
Posts: 37,428
Default

Quote:
Originally Posted by campbell View Post
So.... if someone were to be applying for the CERA via the Experienced Practitioner's Pathway, would it be advisable for said person to address Doug Brooks, Tom Herget, Carl Hess, Max Rudolph, Sudha Shenoy and Kathy Wong by name?

Perhaps it would be less risky to label it "To the CERA review committee members:"
I think it would be preferable to use the second formulation. Committee membership changes from time to time.
__________________
Carol Marler, "Just My Opinion"

Pluto is no longer a planet and I am no longer an actuary. Please take my opinions as non-actuarial.


My latest favorite quotes, updated Apr 5, 2018.

Spoiler:
I should keep these four permanently.
Quote:
Originally Posted by rekrap View Post
JMO is right
Quote:
Originally Posted by campbell View Post
I agree with JMO.
Quote:
Originally Posted by Westley View Post
And def agree w/ JMO.
Quote:
Originally Posted by MG View Post
This. And everything else JMO wrote.
And this all purpose permanent quote:
Quote:
Originally Posted by Dr T Non-Fan View Post
Yup, it is always someone else's fault.
MORE:
All purpose response for careers forum:
Quote:
Originally Posted by DoctorNo View Post
Depends upon the employer and the situation.
Quote:
Originally Posted by Sredni Vashtar View Post
I feel like ERM is 90% buzzwords, and that the underlying agenda is to make sure at least one of your Corporate Officers is not dumb.
Reply With Quote
  #34  
Old 06-23-2008, 09:09 AM
bdschobel's Avatar
bdschobel bdschobel is offline
Past SOA President
SOA AAA
 
Join Date: May 2004
Location: Sunrise, FL
Studying for FSA '76
College: MIT '74
Posts: 15,371
Default

Just send your application to the SOA office. The staff does some preliminary screening.

Bruce
Reply With Quote
  #35  
Old 06-23-2008, 09:47 AM
JustASix's Avatar
JustASix JustASix is offline
Member
CAS
 
Join Date: Dec 2004
Location: Atlanta
Studying for Fantasy Football
Favorite beer: Oberon
Posts: 6,136
Default

Is there any update on allowing CAS members to apply for the Experienced Practitioner's Pathway? I am not qualified, but I know a couple people that may be and would be interested in applying if they were allowed.
Reply With Quote
  #36  
Old 06-23-2008, 11:37 AM
bdschobel's Avatar
bdschobel bdschobel is offline
Past SOA President
SOA AAA
 
Join Date: May 2004
Location: Sunrise, FL
Studying for FSA '76
College: MIT '74
Posts: 15,371
Default

They are now. This was approved by the Board last week. We'll post the news within a few days on the web site,

Bruce
Reply With Quote
  #37  
Old 06-23-2008, 12:27 PM
JustASix's Avatar
JustASix JustASix is offline
Member
CAS
 
Join Date: Dec 2004
Location: Atlanta
Studying for Fantasy Football
Favorite beer: Oberon
Posts: 6,136
Default

Quote:
Originally Posted by bdschobel View Post
They are now. This was approved by the Board last week. We'll post the news within a few days on the web site,

Bruce
Excellent, thank you.
Reply With Quote
  #38  
Old 06-23-2008, 01:10 PM
Nonpareil's Avatar
Nonpareil Nonpareil is offline
Note Contributor
 
Join Date: Nov 2006
Location: Rocket City
Studying for Exam C
Posts: 833
Default

Quote:
Originally Posted by bdschobel View Post
Just send your application to the SOA office. The staff does some preliminary screening.

Bruce
Since, as you say, CERA does not have "actuary" in the title, is the SOA willing to consider non-actuary risk management professionals for the "Experienced Practitioner's Pathway?"
__________________
"One must do no violence to nature, nor model it in conformity to any blindly formed chimera." Janos Bolyai

"Theoria cum praxis." Gottfried von Leibniz
Reply With Quote
  #39  
Old 06-23-2008, 05:32 PM
bdschobel's Avatar
bdschobel bdschobel is offline
Past SOA President
SOA AAA
 
Join Date: May 2004
Location: Sunrise, FL
Studying for FSA '76
College: MIT '74
Posts: 15,371
Default

No. EPP participants must already be members of the SOA or CAS.

Bruce
Reply With Quote
  #40  
Old 06-23-2008, 08:16 PM
Nonpareil's Avatar
Nonpareil Nonpareil is offline
Note Contributor
 
Join Date: Nov 2006
Location: Rocket City
Studying for Exam C
Posts: 833
Default

Quote:
Originally Posted by bdschobel View Post
No. EPP participants must already be members of the SOA or CAS.

Bruce
IMO, you will have a hard time achieving your stated objective, i.e., "We want the best enterprise-risk managers, who already use techniques that are fundamentally actuarial, to become part of the actuary family. We're targeting perhaps the best 10%," with that approach. The best ERM practitioners are using sophisticated mathematical methods and modeling techniques, many of the same ones that actuaries use, but they aren't necessarily actuaries, and many are not familiar with the term "actuary." I'm all for the credential, mind you, but by targeting only people who are already associates or fellows of the SOA or CAS, I don't see how you are bringing anyone into "the actuary family" who is not already a member. Just sayin'
__________________
"One must do no violence to nature, nor model it in conformity to any blindly formed chimera." Janos Bolyai

"Theoria cum praxis." Gottfried von Leibniz
Reply With Quote
Reply

Tags
cera, frm, prm

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 06:10 PM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.23047 seconds with 9 queries