ERM® – Enterprise Risk Management
The ERM® – Enterprise Risk Management designation is a strategic credential designed for professionals who manage risk across an entire organization. Offered by The Institutes in partnership with RIMS, this designation equips candidates with the tools to implement, evaluate, and lead enterprise-wide risk programs. ERM is ideal for underwriters, risk managers, actuaries, and executives seeking to align risk strategy with organizational goals.
Who Should Pursue ERM
- Enterprise Risk Managers and Analysts
- Senior Underwriters and Product Strategists
- Actuarial and Finance Professionals
- Compliance Officers and CROs
- Insurance Executives and Consultants
Course Overview
The ERM designation consists of a single advanced course focused on strategic risk integration, stakeholder communication, and ERM implementation. Candidates who already hold the ARM® designation earn the formal ARM-E credential upon completion. Others receive a certificate of completion, which upgrades to ARM-E if ARM is earned later.
📚 Topics Covered
- ERM frameworks and maturity models
- Strategic, operational, and reputational risk
- Stakeholder alignment and governance
- ERM implementation and coaching risk owners
- Rating agency expectations and regulatory pressures
💰 Cost Breakdown
| Item | Cost | Notes |
|---|---|---|
| ERM Course | $300–$350 | Includes digital materials and exam access |
| Exam Fee | Included | One attempt included; retakes require additional fee |
| Digital Badge | Included | Issued via Credly Acclaim |
Estimated Total Cost: $300–$350 depending on format and location.
⏳ Time to Complete
- Course Count: 1 module
- Average Completion Time: 4–6 weeks
- Delivery: Online, self-paced
📝 Exam Format
- Multiple-choice format
- Online proctored or remote testing
- Passing score: 70% or higher
- Retakes allowed with additional fee
🏛️ Certifying Body
The ERM designation is jointly administered by RIMS and The Institutes. It builds on the ARM® credential and is recognized by rating agencies, regulators, and enterprise risk leaders as a mark of strategic capability.
🔗 Where to Get Started
Visit The Institutes – ARM-E Program to enroll, access course materials, and begin your ERM journey.
