Oracle Insurance Policy Administration 9 Configuration Essentials

Oracle Insurance Policy Administration 9 Configuration Essentials

The Oracle Insurance Policy Administration 9 Configuration Essentials (1Z0-557) exam is designed for individuals who possess a strong foundation and expertise configuring Oracle Insurance Policy Administration solutions.  This certification exam covers configuration topics such as: Architecture, Term and Annuity Policies,Transactions, Math, Screen, Events, and Configuration Tools. Please refer to the Guided Learning Path for exam training and preparation materials.  Up-to-date training and field experience are recommended.

The Oracle Insurance Policy Administration Implementation Specialist certification recognizes OPN members as OPN Certified Specialists.  This certification differentiates OPN members in the marketplace by providing a competitive edge through proven expertise. This certification qualifies as competency criteria for the Oracle Insurance Policy Administration Specialization.

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Exam Number:
1Z0-557
Duration:
120 minutes
Register
Here:
Register online or by phone.
Number of
Questions:
61
Exam Price:
US$ 195
More on exam pricing
Passing
Score:


62%

Beta exam score reports will be available approximately 11 weeks after the close of the Beta Exam. Beta participants will receive an email from PearsonVue with instructions on how to access their exam score.

Passing score subject to change. View Details
Certifications
Earned:


Oracle Insurance Policy Administration Configuration Certified Implementation Specialist

OPN Certified Specialist

 

 

Recommended Training and Preparation Additional Information & Resources Exam Topics Fraudulent Activity Policy



Recommended Training and Preparation
Oracle OIPA Exam Guide (PDF)

OPN Guided Learning Path

Oracle Insurance Policy Administration Implementation Specialist

  

Additional Information & Resources
Exam Retake Policy
Specialization Catalog (PDF) for all launched and planned Specializations
Product Mapping to Specialization (XLS)

 

Exam Topics

Navigating

  • Navigate thru OIPA Interface
  • Define OIPA Interface basics
  • Identify Main Screens and their Functions
  • Explain Activity Processing Details

Basic Configuration Overview

  • Describe Use of Product Templates
  • Navigate thru Rules Palette
  • Locate Business Rules and Transactions
  • Describe Different Types of Rules
  • Explain System Overrides of Rules
  • Explain the Basic XML Rules

Term Life Policy Lifecycle

  • Describe the Term Product Template
  • Explain Term Life Lifecycle
  • Create a Term Life Policy
  • Use Suspense Records in OIPA

Configuring Screens

  • Define Screens and Database Tables
  • Configure Screen Business Rules
  • Apply Screen fields
  • Change Screen Cosmetics
  • Use Field Validation

Security

  • Explain OIPA Security
  • Create and Remove Users
  • Create and Remove Security Groups

Roles

  • Create Roles
  • Configure Roles
  • Validate Roles

Transactions

  • Describe the use of Transactions
  • Create Transactions
  • Use Copybooks
  • Use Overrides
  • Configure EligibleTransactionsByPolicyStatus
  • Configure TransactionBusinessRulePacket

Transaction Spawning

  • Explain Spawning
  • Process a Spawned Transaction
  • Configure a Spawned Transaction

Math

  • Explain MathVariables
  • Apply Basic Math using MathVariables
  • Apply SQL MathVariable
  • Apply VALUE MathVariable
  • Use Functions in Math

Events

  • Describe Events
  • Explain Actions
  • Configure Events and Actions
  • Use Field Validation
  • Use ScreenMath

Debugging Transactions

  • Set up Debugging
  • Debug a Transaction
  • Use Breakpoints

Segments

  • Configure Segments
  • Use Segment Fields
  • Configure the SegmentScreen

Arrays

  • Explain Array Basics
  • Create an Array
  • Use Array Types
  • Fill Arrays with FILLBY-LIST and FILLBY-SQL
  • Fill Arrays with FILLBY-FUND and FILLBY-DEPOSIT

Array Functions

  • Explain Manipulating Arrays
  • Use AggregateFunction - COUNT, MIN, MAX, SUM, INDEX
  • Use INSERT and REMOVE
  • Use EXPAND and TRANSFORM

Loops

  • Describe Loop Basics
  • Apply FOR Loops
  • Apply SEGMENTLOOP
  • Apply OBJECTLOOPE

Functions

  • Describe Function Basics
  • Create a Function
  • Call a Function
  • Debug a Function

  

Oracle Certification Program Fraudulent Activity Policy

Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.

If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate's Oracle Certified Associate, Oracle Certified Professional and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate's employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle's authorized vendors, and may be required to pay additional fees for services rendered.

View the Oracle Certification Program Candidate Agreement which requires your agreement before the start of each exam.


 

 

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