Guidewire

Overview

A Guidewire course provides comprehensive training on Guidewire's insurance software solutions. Participants learn to install, configure, and navigate Guidewire applications, including PolicyCenter, ClaimCenter, and BillingCenter. The course covers policy administration, claims management, and billing processes, along with customization and integration techniques. Hands-on exercises and labs are typically included to reinforce learning. Best practices for efficient software utilization are emphasized. Some courses offer certification exams for validation. It's ideal for insurance professionals, IT experts, and consultants aiming to excel in the insurance industry. Course content and duration may vary based on the training provider.

Key Features

Comprehensive Coverage: The course provides an in-depth understanding of Guidewire's suite of insurance software solutions, covering various modules like PolicyCenter, ClaimCenter, and BillingCenter.

Hands-On Learning: Participants often engage in practical exercises and hands-on labs to gain real-world experience in using Guidewire software.

Customization and Configuration: Instruction on how to customize and configure Guidewire applications to meet the unique needs of insurance companies.

Integration: Guidance on integrating Guidewire software with other systems and services commonly used in the insurance industry.

Certification: Some courses offer certification exams to validate participants' knowledge and skills in Guidewire software.

Best Practices: Emphasis on best practices to ensure effective and efficient utilization of Guidewire solutions.

Course Objectives

  • Gain a comprehensive understanding of Guidewire's suite of insurance software solutions, including PolicyCenter, ClaimCenter, and BillingCenter.
  • Learn how to set up and configure Guidewire software environments, including the necessary infrastructure and databases.
  • Master the processes involved in policy creation, management, and processing using Guidewire PolicyCenter.
  • Explore how to customize and configure Guidewire applications to meet the specific needs of insurance companies.
  • Prepare for Guidewire certification exams, if applicable, to validate your expertise in Guidewire software.

Job Opportunities After Completing the course

Completing a Guidewire course can open up various job opportunities within the insurance industry and IT sector. Here are some potential job roles and opportunities you might explore after completing such a course:

  • Guidewire Consultant
  • Guidewire Developer
  • Guidewire Business Analyst
  • Guidewire Project Manager
  • Data Analyst/Analytics Specialist
  • Insurance Operations Manager
  • Insurance Compliance Specialist

Salary prospects for Certified SOC Analyst

Salaries for Certified Guidewire Analysts or employees can vary significantly by country due to differences in the cost of living, demand for Guidewire skills, and local economic conditions. Here's a general overview of salary prospects for Certified Guidewire Analysts in different countries:

Country
Average Salary
United States
$60,000 – $150,000 per year
United Kingdom
£25,000 – £100,000 per year
India
INR 4,00,000 – INR 20,00,000 per year
Australia
AUD 60,000 – AUD 150,000 per year
UAE
AED 90,000 to AED 300,000 per year.
Singapore
SGD 45,000 – SGD180,000 per year

Who should take SOC Analyst Certification Training Courses?

  • Insurance Professionals: Individuals already working in the insurance industry, including underwriters, claims adjusters, policy administrators, and billing specialists, can benefit from Guidewire training to enhance their understanding of how Guidewire software impacts their roles and streamline insurance operations.
  • IT Professionals: IT professionals, including software developers, system administrators, and IT consultants, who support insurance companies or projects related to Guidewire software can gain specialized skills and certification to excel in their roles.
  • Business Analysts: Business analysts play a critical role in bridging the gap between business requirements and technical solutions. Guidewire training can help them better understand and communicate insurance business processes and needs.
  • Consultants: Independent consultants and those working for consulting firms can expand their expertise by becoming Guidewire certified, which can lead to more lucrative consulting opportunities within the insurance industry.
  • Project Managers: Project managers overseeing Guidewire software implementations within insurance organizations can benefit from a deep understanding of the software's capabilities and best practices for project success.

Course Content

1.Guidewire Policy Center

  • Introduction to PolicyCenter
  • PolicyCenter Overview
  • Policy File, Account
  • Policy Transactions
  • Submissions 1: Quick Quotes
  • Submissions 1: Full Application Quotes
  • Renewalss
  • Policy Changes
  • The Cancellation Transaction Set
  • Out-of-Sequence Transactions
  • Merging and Splitting Accounts
  • Documents, Notes, Forms
  • Introduction to Product Model
  • Products and Policy Lines
  • Availability, Coverage
  • Coverage Term, Modifier
  • Question Sets
  • Introduction to PC Config
  • Policy Center Data Model
  • Location Group and Pages
  • Job Wizard, Job Lifecycle
  • Activities, Creating and Assigning Activities
  • Concepts of Revisioning
  • Contacs and Location
  • Introduction to Underwriting Authority
  • Config of Underwriting Authority
  • Costs and Financial Transactions
  • Rate Table, Rate Books
  • Rate Routines and Parameters Set
  • REAL TIME SCENARIOS AND 6 Month Post Training Support

2. Guidewire Claim Center

  • The ClaimCenter data model
  • The claim file
  • Claims processing – Business perspective
  • Claims processing – Functional perspective
  • The claim intake process
  • Automated claim setup
  • New claim validation
  • Demonstration of ClaimCenter functionality
  • ClaimCenter data model
  • ClaimCenter user interface
  • ClaimCenter rules
  • Importing data into ClaimCenter
  • Location group basics
  • Location group configuration
  • Page configuration
  • Wizard basics
  • Wizard configuration
  • Wizard step configuration
  • Claim setup basics
  • Pre-setup rules
  • Segmentation rules
  • Workplan rules
  • Exposure and activity setup
  • Line of business model
  • The LOB type lists
  • The LOB editor
  • LOB model and the user interface
  • Configuring exposure types
  • Configuring new exposure menu behavior
  • Types of validation
  • Validation rule basics
  • Validation rules in the user interface
  • Warnings and errors
  • Identifying invalid fields
  • ClaimCenter security functionality
  • Checking system permissions in Gosu
  • Creating system permissions
  • Application permission keys
  • Contact roles
  • Categorizing contact
  • Contact role configuration
  • Contact role type constraints
  • Entity role constraints
  • ClaimContact widget basics
  • Configuring ClaimContact widgets
  • Transaction basics
  • Transaction data model
  • Transactions and Gosu
  • The Financial Calculations Library
  • Transaction and check life cycles
  • Transaction validation basics
  • Transaction validation rules
  • Transaction approval basics
  • Authority limits
  • Transaction approval rules
  • Approval routing rules

3. Billing Center

  • Introduction to BillingCenter
  • The BillingCenter User Interface
  • The Billing Process
  • User Interaction with BillingCenter
  • Accounts
  • Billing Instructions, Policies, Invoice Streams
  • How Charges Are Invoiced
  • Invoicing Life Cycle
  • Payments
  • Payment Corrections and Credit Distributions

    HANDS ON EXERCISE

  • Walkthrough with OOTB Billing Center
  • Walkthrough of Direct, Agency Bill
  • Overview of Billing flows 
  • Producers
  • Commissions and Producer Maintenance
  • Disbursements
  • Delinquency
  • Trouble Tickets and Activities

HANDS ON EXERCISE

  • Walkthrough of creating Producers
  • Walkthrough of Disbursement, Delinquency
  • Security
  • Configuring BillingCenter
  • Permissions
  • Introduction to Agency Bill
  • Agency Bill Cycles and Statement Bill
  • Statement Bill Payments
  • Agency Bill Cycles and Account Current
  • Account Current Promises and Payments
 
  • Introduction to Guidewire Configuration
  • Extending Base Entities
  • Creating New Entities
  • Subtypes
  • Typelists

HANDS ON EXERCISE

  • Creating Custom Entites
  • Extending OOTB Entities
  • Introduction to Gosu
  • Business Rules
  • Gosu Queries
  • Popups 2: Create New Pop ups
  • Dynamic Dropdowns
  • Field Level Validation
  • Enhancements

HANDS ON EXERCISE

  • Creating Custom Popup
  • Creating Custom Enhancements
  • Entity Names
  • Dependent Dropdowns
  • Partial Page Update
  • Introduction To Guidewire Integration
  • Gosu For Integration
  • Gosu Bundles
  • Plugins Predefined
  • Gosu Queries

HANDS ON EXERCISE

  • Writing Custom Bundles
  • Running with new bundle
  • Working with existing bundle
  • Messaging Sending
  • Messaging Acknowledging
  • Batch Process
  • Integration Point Authentication
  • Integration Point Policy Retrieval
  • Claim Process + Intake
  • Claim Center Data Model
  • Claim File

HANDS ON EXERCISE

  • HANDS ON EXERCISE
  • LAB EXERCISES
  • ANY CONCERN & BLOCKERS
  • ANY CARRIED FORWARD FROM PREVIOUS DAY
  • SETTING UP ENVIRONMENT
  • END TO END FLOW DEMO

Modules

Guidewire Policy Center

Guidewire policy center is underwriting and policy management system helping the underwriters who serves insurance agents and policy holders

Guidewire PolicyCenter help insurance companies to adopt and adapt to the changes in the insurance industry with complete agility.It helps Insurance company’s employees, customers and agents to streamline and optimize various operational process, create and make amends to the new policies, products. Guidewire policy center also help the companies to enter and operate new markets easily and with complete agility. Guidewire policy center module helps in defining the products, underwriting, quoting , renewals etc.

Guidewire policy center can be tailored to the specific needs of the organization which includes work distribution and management and underwriting decision making. Various business rules, workflows, models etc can be configured using various graphical tools according the the business needs. Policycenter also helps you to respond to future evolving business processes and regulatory changes as well. Policycenter will also help in automating low-level tasks and to reduce underwriting costs adhering to underwriting guidelines., consistently convey appetite, and provide better service.

Guidewire ClaimCenter

Sai Cyber Difence offers high quality Guidewire ClaimCenter training and considered to be the best in the industry. ExcelR offers Guidewire ClaimCenter online and corporate trainings. Our Guidewire ClaimCenter trainers are working Guidewire ClaimCenter professionals and have extensive experience in Guidewire ClaimCenter. All our trainers are certified, qualified and has passion for training.

Guidewire ClaimCenter Training Course

Guidewire ClaimCenter is an end to end claims life cycle management system in the space of compensation insurance . Claimcenter enables the insurance companies to assign claims.

Guidewire ClaimCenter is an end to end claims life cycle management system in the space of compensation insurance . Claimcenter enables the insurance companies to assign claims

Are you ready to take your career to the next level and become a Guidewire expert?

Enroll in our course today and take the first step towards your career success!

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