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ERIS Cheat Sheet 2026: One-Page Review of Must-Know Facts

TL;DR
  • ERIS is issued by IRMI; you complete any five of six core courses within five years of buying the first.
  • Each course ends with a 50-question multiple-choice final; you need 70% correct to pass.
  • Default certification-only finals are open book, unproctored, and allow unlimited retakes.
  • Courses cost USD 169 each, or USD 845 for five selected courses; courses give about 12 months of access.

What This Cheat Sheet Covers (and What It Doesn't)

This is a one-page-style review of the facts that actually matter for the Energy Risk and Insurance Specialist (ERIS) designation from International Risk Management Institute, Inc. (IRMI). If you are new to the credential, start with What Is ERIS Certification? for the big picture, then come back here for the compact reference.

One framing point first, because it prevents most confusion: ERIS is not a single, one-sitting exam. It is a course-based program. You earn the designation by completing selected core courses, each with its own separate final assessment. There is no aggregate score, no combined exam day, and no fixed testing window. Anything you read that treats ERIS as one big proctored test is describing something else.

The six "domains" listed in this article are the exact titles of the available core courses. They are unweighted preparation topics, not official percentage-weighted exam domains. For a deeper walk through each, see ERIS Exam Domains 2026: Complete Guide to All 6 Content Areas.

Source note: This sheet draws on IRMI's public curriculum pages, course descriptions, certification FAQs, and terms. Paid course texts are not reproduced here, so treat this as a map of the program's structure and rules rather than a substitute for the course material itself.

The Program at a Glance

ItemWhat to Remember
IssuerInternational Risk Management Institute, Inc. (IRMI)
DeliveryOnline, through the IRMI + WebCE Learning Center (WebCE is provider of record)
Core menuSix core courses available
Completion requirementAny five of the six core courses, each with its separate final assessment
Program windowFive years from purchasing the first core course
Prerequisite knowledgeBasic insurance terminology and fundamentals assumed
WaiversOther degrees or designations do not waive the selected core courses
RenewalSix approved CE hours in each 12-month period, on the certification anniversary

The "five of six" structure is the single most important design feature. You do not have to take every course, which means you can steer the credential toward your own book of business. If you want the eligibility angle in more depth, read ERIS Requirements 2026: Eligibility, Prerequisites & How to Qualify.

Course Assessment Rules You Must Know

Each core course finishes with a final assessment. The default rules for certification-only credit are consistent across the courses reviewed:

  • Format: 50 multiple-choice questions, selected from a question bank
  • Passing mark: 70% correct on each final
  • Open book: yes, by default
  • Proctoring: none required; no monitor needed
  • Retakes: unlimited

Because questions are drawn from a bank, two candidates can see different question sets from the same course. That is a reason to learn concepts rather than memorize a remembered stem. For the arithmetic of the pass line, see ERIS Passing Score 2026: Exactly What You Need to Pass; for a realistic sense of effort, see How Hard Is the ERIS Exam? Complete Difficulty Guide 2026.

Read the fine print on add-ons: These default conditions apply to certification-only credit. Adding insurance CE or CPA CPE credit to a course can change the assessment requirements. If you plan to stack CE credit on a course, confirm the assessment rules for that course before you start the final.

"Open book" does not mean "easy." The Commercial Liability and Renewable Energy course pages both state that they assume prior knowledge (basic commercial-liability knowledge and basic P&C insurance and energy-industry terminology, respectively). Open-book access helps you look up a definition; it does not help if you cannot recognize which part of a policy form a scenario is testing. If you are curious about outcomes data, ERIS Pass Rate 2026: What the Data Shows explains what is and is not publicly available.

The Six-Course Menu, Course by Course

These are the exact course titles on the core menu. Pick five. Each block below lists what a candidate should be ready to reason about, framed around the course subject rather than any official weighting.

Domain 1: Commercial Liability Insurance for the Energy Industry

Applies commercial liability concepts to energy operations. The course expects basic commercial-liability knowledge going in (the page was reviewed September 2024 and corroborates the 50-question, 70% default assessment).

  • How standard liability coverage responds to energy-sector exposures
  • Where gaps arise between general liability and energy-specific needs
  • Reading coverage grants, exclusions, and conditions against operational scenarios

Domain 2: Contractual Risk Transfer in Energy

Focuses on how risk moves between parties by contract rather than by insurance alone.

  • Indemnity and hold-harmless concepts in energy contracts
  • Additional insured status and how it interacts with policy wording
  • Matching contract obligations to the insurance that is supposed to back them

Domain 3: Control of Well/Operators Extra Expense Risks and Insurance

Covers the well-control and extra-expense exposures that are distinctive to oil and gas operations.

  • What well-control events are and why they generate extraordinary costs
  • How operators extra expense coverage is structured
  • Distinguishing this coverage from conventional liability and property programs

Domain 4: Renewable Energy: Unlocking Opportunity

The newest addition to the core offering, explicitly approved for Core and reviewed October 2025. It assumes basic P&C insurance and energy-industry terminology.

  • Risk and insurance considerations for renewable energy projects
  • How renewable exposures differ from traditional hydrocarbon operations
  • Why this course widens the credential beyond oil and gas

Domain 5: Understanding the Oil and Gas Industry and Its Risks

A foundation course for the industry itself: how the business works and where its hazards come from.

  • The shape of the oil and gas value chain and where exposures concentrate
  • Operational hazards that drive insurance structure
  • Industry vocabulary that later courses take for granted

Domain 6: Workers Comp and Maritime Liability for the Energy Industry

Addresses the injured-worker and marine-related liability exposures that energy employers face.

  • Workers compensation concepts as they apply to energy employers
  • Maritime liability regimes relevant to offshore and marine operations
  • Recognizing which regime governs a given injured-worker scenario

Money and Clocks: Fees, Access, and Deadlines

ItemCurrent Figure
Per-course priceUSD 169
Five selected courses (bundle)USD 845
Optional insurance CE creditUSD 19 extra per course
Course accessGenerally 12 months from purchase
Program completion windowFive years from purchasing the first core course

Two clocks run at once, and they are separate. The five-year program window starts when you purchase your first core course. The roughly 12-month access period is per course and starts at each course's purchase. Neither is tied to any "exam date," because there is no single exam date. If you are searching for a scheduling calendar, ERIS Exam Dates 2026: Testing Windows, Deadlines & Scheduling explains how the clocks actually work.

Watch for stale pricing: Older descriptions of the program refer to a five-course structure and a USD 149 per-course price. Those are superseded. Read any older material against the current six-choice catalog and USD 169 pricing. A full cost walkthrough is in ERIS Certification Cost 2026: Complete Pricing Breakdown.

Staying Current: Annual Renewal Facts

Earning the designation is not the end of the obligation. Validity is renewed annually, on your certification anniversary.

  • Requirement: six approved continuing-education hours in each 12-month period
  • Ways to earn them: an online renewal course, eligible IRMI conference sessions, or an approved educational event
  • Carryover: renewal credit cannot be carried into a future year

The no-carryover rule is the one people trip on. Earning twelve hours in a single year does not pre-pay the following year. Plan your six hours inside each anniversary-to-anniversary window. Whether the effort pays off over the long run is the subject of Is the ERIS Certification Worth It? Complete ROI Analysis 2026.

Choosing Your Five Courses

Since you drop one of six, the real strategic decision is which course to skip. A few ways to think about it:

Match the courses to your day job

A broker or underwriter who spends most of the week on liability placements already carries working knowledge of Commercial Liability Insurance for the Energy Industry and Contractual Risk Transfer in Energy. Those courses may go fastest. A claims professional dealing with injured offshore workers may find Workers Comp and Maritime Liability the most directly relevant.

Match the courses to where you want to go

If your employer is moving into wind, solar, or storage, Renewable Energy: Unlocking Opportunity is the course that signals that direction. If you are newer to the industry, Understanding the Oil and Gas Industry and Its Risks is the logical foundation, because it supplies the vocabulary the other courses assume.

Key Takeaway

Skipping the course you already know best is tempting, but skipping the one you know least can make the credential less useful. Choose the five that either confirm your strengths in a way an employer can see or fill the gaps that currently limit the accounts you can handle.

Remember that other degrees or designations do not waive any selected core course, so prior credentials will not shorten the list. The broader study approach is laid out in ERIS Study Guide 2026: How to Pass on Your First Attempt.

Sequencing the Courses (Short Plan)

Generic study technique matters less here than order and clock management. Because courses are separate and access runs about 12 months each, a staggered approach keeps you from letting access lapse. One sensible order, built around prerequisites between the topics:

Weeks 1-3

Foundation first

  • Understanding the Oil and Gas Industry and Its Risks, to lock in vocabulary
  • Purchase this first only if you are ready to start the clock on the five-year window
Weeks 4-7

Liability backbone

  • Commercial Liability Insurance for the Energy Industry
  • Contractual Risk Transfer in Energy, which builds directly on liability concepts
Weeks 8-10

Specialty exposures

  • Control of Well/Operators Extra Expense Risks and Insurance, or Workers Comp and Maritime Liability, whichever sits in your five
Weeks 11-12

Final selection and renewal planning

  • Complete your fifth course, whether Renewable Energy or another core course
  • Note your certification anniversary and schedule your first six renewal hours

Adjust the pacing freely; the point is the dependency order, not the calendar. Since finals are open book with unlimited retakes, the real risk is not failing a final, it is running out of access time or the five-year window while you drift. For the broader view of training paths, see ERIS Training.

Common Misreadings to Avoid

  • "ERIS is one exam." It is not. It is five separate course finals, each scored on its own.
  • "The six domains have official weights." They do not. They are course titles offered as unweighted preparation topics.
  • "I must take all six." You complete any five.
  • "Open book means no preparation." The courses assume prior insurance knowledge; lookup does not replace comprehension.
  • "My degree or designation exempts me." No waivers apply to the selected core courses.
  • "The USD 149 price is current." It is cached and outdated; the current figure is USD 169 per course.
  • "Extra renewal hours roll over." They do not carry into a future year.
  • "Add-on credit doesn't change anything." Adding CE or CPE credit can change assessment requirements.

Where the Credential Fits Professionally

ERIS is aimed at people who touch energy-sector risk and insurance: producers and account executives placing energy accounts, underwriters, claims handlers, risk managers at operators and contractors, and consultants. The courses assume you already speak basic insurance, so the designation tends to read as a specialization layered on top of an existing insurance or risk career rather than an entry ticket. For a look at roles and how the market uses the designation, see ERIS Jobs, and for earnings context see ERIS Salary Guide 2026: Complete Earnings Analysis.

If you want to confirm you can handle scenario-style questions on liability, contracts, well control, and marine exposures before committing course fees, run a few rounds on the ERIS practice test site. It is a low-cost way to find which of the six topics you would rather skip, and which you need to take seriously.

FAQ

How many courses do I need to complete for ERIS?

Any five of the six core courses, each with its own separate final assessment, completed within five years of purchasing your first core course.

What is the format and passing mark of each final?

For certification-only credit, each final has 50 multiple-choice questions selected from a question bank, and you need 70% correct. Finals are open book, need no proctor, and allow unlimited retakes by default.

What does ERIS cost?

Current catalog pricing is USD 169 per course, or USD 845 for five selected courses. Optional insurance CE credit is advertised at USD 19 extra per course. See the full breakdown in the ERIS certification cost guide.

How long do I keep access to a course?

Individual online courses generally provide 12 months of access from purchase. That access period is separate from the five-year program window.

How do I keep the designation valid?

Renew annually on your certification anniversary by earning six approved continuing-education hours in each 12-month period, through an online renewal course, eligible IRMI conference sessions, or an approved educational event. Credit does not carry into a future year.

Keep this sheet handy as a quick reference, and pair it with the full ERIS cheat sheet as you plan your five-course path.

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