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  #1  
Old 04-01-2010, 02:37 PM
Will Durant
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Default The good news: WSJ mentions CERA

http://online.wsj.com/article/SB1000..._careerjournal

The bad news: It really sounds like the WSJ ranks them
FRM = PRM > CERA = ARM = RIMS Fellow
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Old 04-01-2010, 02:43 PM
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Quote:
who has FRM and PRM certifications, as well as another from the Society of Actuaries
.
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Old 04-01-2010, 02:48 PM
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This article is hardly the sort of recognition that the SOA hoped to achieve. When we created the CERA, we expected its credential-holders to be regarded as the "cream of the crop" of risk managers -- the ones with the very best technical proficiency. Clearly, that's been lost on the author of this piece.

Bruce
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Old 04-01-2010, 02:48 PM
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Almost every CERA I know had it given to them. I don't know any that got it through examination. Seems like a joke.
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Old 04-01-2010, 02:49 PM
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It's about 50/50 right now.

Bruce
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Old 04-01-2010, 02:50 PM
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Originally Posted by bdschobel View Post
This article is hardly the sort of recognition that the SOA hoped to achieve. When we created the CERA, we expected its credential-holders to be regarded as the "cream of the crop" of risk managers -- the ones with the very best technical proficiency. Clearly, that's been lost on the author of this piece.

Bruce
and apparently on the CRO of New York Life
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Old 04-01-2010, 02:50 PM
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Quote:
Originally Posted by bdschobel View Post
This article is hardly the sort of recognition that the SOA hoped to achieve. When we created the CERA, we expected its credential-holders to be regarded as the "cream of the crop" of risk managers -- the ones with the very best technical proficiency. Clearly, that's been lost on the author of this piece.

Bruce
Why should the author consider the Society's expectation? He should consider what it is.
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Old 04-01-2010, 02:53 PM
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Almost every CERA I know had it given to them. I don't know any that got it through examinations, beyond what they took to get their FSA. Seems like a joke.
small but important change.
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Old 04-01-2010, 02:54 PM
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It's about 50/50 right now.

Bruce
but how many have gotten but outside of the standard FSA exam track?
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Old 04-01-2010, 02:58 PM
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The PRM exam explicitly tests calculus, linear algebra, numerical analyis, and regression.

The SOA, back when one had to be smart to be an actuary, students were tested in these in exams 100, 120, and 135.
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