Oracle Insurance Policy Administration Online Training

Oracle Insurance Policy Administration Online Training



    Oracle Insurance Policy Administration Specialization is for individuals focused on selling and implementing a software solution for Insurance companies for managing insurance policy life cycle. OIPA is a next-generation, flexible, rules-based policy administration solution that supports policy issue, billing, collections, policy processing and claims.


    • Basic XML
    • Term Life Insurance basics
    • Insurance Administration

    Course Content

    1. Navigating

    • Explaining Menu Functions
    • Using Buttons
    • Using Tabbing System and Screens
    • Locating Business Rules and Transactions
    • Identifying the Main Screens and their Function
    • Explaining Activity Processing and Details

    2. Configure, Rules and XML

    • Recognizing the Benefits of using a Chassis for Configuration
    • Navigating the Rules Palette
    • Locating Rules for Configuration
    • Distinguish the Various Types of Rules and their use
    • Applying Overrides of Rules to the Appropriate System Level
    • Using specific XML Elements and Attributes
    • Using the Technical Manual to locate Elements and Attributes

    3. Term Life Policy Lifecycle

    • Overview of the Basic Term Insurance Chassis Lifecycle
    • Reviewing the Term Policy Lifecycle in the Policy Administration System
    • Reviewing the ACME Term Lifecycle Activities
    • Performing the Steps for Creating a Policy
    • Using Suspense Records

    4. Configuring the Screens

    • Matching Screens with Database Tables
    • Identifying Above the Line and Below the Line Fields and Matching with the Correct Database Table
    • Configuring Screen Business Rules
    • Configuring Different Types of Fields
    • Applying Background, Title and other Cosmetic Configuration to the Policy Administration System
    • Writing Field Validations
    • Write Required Validations
    • Using JavaScript to write Expression Validations

    5. Security

    • Applying Security Roles to Clients
    • Accessing Security Role Rules
    • Configuring Security Rights for Roles

    6. Simple Transactions

    • Articulating the use of Transactions in the System
    • Locating Transaction Rules
    • Creating New Transactions
    • Creating Transaction Level Overrides
    • Using the Eligible Transaction By Policy Status Business Rules
    • Using Mandatory Business Rules
    • Using the Transaction Business Rule Packet
    • Distinguishing the Sequence of Elements in the Transaction Configuration.

    7. Math

    • Using MathVariables
    • Using Functions in Math

    8. Roles

    • Configuring Roles
    • Validating Roles

    9. Segments

    • Configuring Segments
    • Configuring Segment Fields
    • Configuring the Segment Screen

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