Oracle Insurance Policy Administration
Duration : 4 Days (32 Hours)
Overview
Course Details
Prerequisites
Oracle Insurance Policy Administration Course Overview:
The Oracle Insurance Policy Administration certification aims to equip IT professionals with the necessary knowledge and skills to utilize Oracle’s proprietary software designed for the insurance sector. It covers tasks such as policy issuance and administration, claims management, billing, and more. Industries use this certification to identify professionals proficient in implementing, managing, and modifying insurance policies using the Oracle platform. The certification covers various topics, including rules-based policy issuance, dynamic questionnaires, pre-integrated insurance-specific processes, and more. It plays a crucial role in enhancing the efficiency of insurance organizations and providing them with a competitive edge.
Intended Audience:
• Insurance professionals looking to improve their system management skills
• IT professionals, handling insurance databases
• Insurance administrators looking for efficient policy handling methods
• Oracle database users in the insurance industry
• Professionals seeking to understand Oracle’s application in insurance policy management.
Learning Objectives of Oracle Insurance Policy Administration:
The learning objectives of an Oracle Insurance Policy Administration (OIPA) course are:
- Acquire a comprehensive understanding of the OIPA software.
- Learn the functionalities of Oracle Insurance products.
- Hone the necessary skills to effectively run and manage OIPA systems.
- Configure insurance products and policies within the OIPA system.
- Prepare and manage financial transactions using OIPA.
- Enhance system performance and optimize business processes.
- Develop skills for system testing and troubleshooting.
- Frame effective solutions for any system issues encountered.
Module 1: Introduction to Oracle Insurance Policy Administration
- Overview of Oracle Insurance Policy Administration
- Understanding the Policy Administration Process
- Configuring the Policy Administration System
- Working with Policy Data
- Managing Policy Transactions
- Generating Reports and Documents
- Integrating with Other Systems
- Troubleshooting and Maintenance
- Best Practices for Policy Administration
- Regulatory Compliance and Risk Management
Module 2: Understanding Insurance Policy Administration
- Overview of Oracle Insurance Policy Administration
- Understanding the Policy Administration Process
- Configuring the Policy Administration System
- Working with Policy Data
- Managing Policy Transactions
- Understanding Policy Lifecycle Events
- Understanding Policy Administration Rules
- Working with Policy Documents
- Integrating with External Systems
- Troubleshooting Policy Administration Issues
Module 3: Configuring Oracle Insurance Policy Administration
- Overview of the Oracle Insurance Policy Administration Module
- Configuring the Policy Administration Module
- Setting up the Policy Administration Database
- Configuring the Policy Administration User Interface
- Configuring the Policy Administration Workflow
- Configuring the Policy Administration Rules Engine
- Configuring the Policy Administration Security
- Configuring the Policy Administration Reports
- Troubleshooting the Policy Administration Module
- Best Practices for Configuring the Policy Administration Module
Module 4: Working with Insurance Policy Administration Data
- Understanding Insurance Policy Administration Data
- Exploring Insurance Policy Administration Data Structures
- Working with Insurance Policy Administration Data in Oracle
- Analyzing Insurance Policy Administration Data
- Creating Reports from Insurance Policy Administration Data
- Automating Insurance Policy Administration Data Processing
- Integrating Insurance Policy Administration Data with Other Systems
- Troubleshooting Insurance Policy Administration Data Issues
- Securing Insurance Policy Administration Data
- Optimizing Insurance Policy Administration Data Performance
Module 5: Creating and Managing Insurance Policies
- Overview of Insurance Policy Administration
- Understanding Insurance Policy Types
- Creating and Managing Insurance Policies
- Configuring Insurance Policy Rules
- Automating Insurance Policy Processing
- Integrating Insurance Policy Administration with Other Systems
- Analyzing Insurance Policy Performance
- Troubleshooting Insurance Policy Issues
- Best Practices for Insurance Policy Administration
- Regulatory Compliance for Insurance Policies
Module 6: Working with Insurance Policy Transactions
- Understanding Insurance Policy Transactions
- Creating and Managing Insurance Policy Transactions
- Analyzing Insurance Policy Transactions
- Troubleshooting Insurance Policy Transactions
- Automating Insurance Policy Transactions
- Auditing Insurance Policy Transactions
- Optimizing Insurance Policy Transactions
- Integrating Insurance Policy Transactions with Other Systems
- Leveraging Insurance Policy Transactions for Business Intelligence
- Best Practices for Insurance Policy Transactions
Module 7: Integrating Oracle Insurance Policy Administration with Other Systems
- Overview of Oracle Insurance Policy Administration Integration
- Understanding the Integration Architecture
- Configuring Oracle Insurance Policy Administration for Integration
- Integrating with External Systems
- Integrating with Oracle Database
- Integrating with Oracle Business Intelligence
- Integrating with Oracle Business Process Management
- Integrating with Oracle WebCenter
- Integrating with Oracle Identity Management
- Integrating with Oracle Service Bus
- Integrating with Oracle SOA Suite
- Integrating with Oracle Application Express
- Integrating with Oracle Application Development Framework
- Integrating with Oracle Cloud Services
- Troubleshooting Integration Issues
Module 8: Troubleshooting and Optimizing Oracle Insurance Policy Administration
- Identifying and Resolving Common Issues in Oracle Insurance Policy Administration
- Optimizing Performance of Oracle Insurance Policy Administration
- Troubleshooting Oracle Insurance Policy Administration System
- Best Practices for Troubleshooting Oracle Insurance Policy Administration
- Analyzing and Resolving Oracle Insurance Policy Administration System Errors
- Debugging Oracle Insurance Policy Administration System
- Troubleshooting Oracle Insurance Policy Administration System Security Issues
- Troubleshooting Oracle Insurance Policy Administration System Integration Issues
- Troubleshooting Oracle Insurance Policy Administration System Data Issues
- Troubleshooting Oracle Insurance Policy Administration System Performance Issues
Module 9: Automating Insurance Policy Administration
- Overview of Automating Insurance Policy Administration
- Benefits of Automating Insurance Policy Administration
- Understanding the Oracle Insurance Policy Administration Architecture
- Configuring the Oracle Insurance Policy Administration System
- Automating Insurance Policy Administration Processes
- Integrating Oracle Insurance Policy Administration with Other Systems
- Troubleshooting and Optimizing Automated Insurance Policy Administration
- Best Practices for Automating Insurance Policy Administration
- Security and Compliance Considerations for Automating Insurance Policy Administration
- Case Studies of Automating Insurance Policy Administration
Module 10: Best Practices for Oracle Insurance Policy Administration
- Understanding the Benefits of Oracle Insurance Policy Administration
- Implementing Oracle Insurance Policy Administration
- Configuring Oracle Insurance Policy Administration
- Troubleshooting Oracle Insurance Policy Administration
- Optimizing Performance of Oracle Insurance Policy Administration
- Security and Compliance for Oracle Insurance Policy Administration
- Integrating Oracle Insurance Policy Administration with Other Systems
- Automating Processes with Oracle Insurance Policy Administration
- Leveraging Advanced Features of Oracle Insurance Policy Administration
- Best Practices for Oracle Insurance Policy Administration
Oracle Insurance Policy Administration Course Prerequisites:
- Basic knowledge of insurance industry
- Understanding of Oracle software
- Practical experience with policy administration systems
- Proficiency in SQL and PL/SQL
- Knowledge in database structures and data modeling
- Familiarity with Java and web services
- Understanding of Oracle Insurance Policy Administration system.
Discover the perfect fit for your learning journey
Choose Learning Modality
Live Online
- Convenience
- Cost-effective
- Self-paced learning
- Scalability
Classroom
- Interaction and collaboration
- Networking opportunities
- Real-time feedback
- Personal attention
Onsite
- Familiar environment
- Confidentiality
- Team building
- Immediate application
Training Exclusives
This course comes with following benefits:
- Practice Labs.
- Get Trained by Certified Trainers.
- Access to the recordings of your class sessions for 90 days.
- Digital courseware
- Experience 24*7 learner support.
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