Oracle Insurance: Introduction to Insbridge Rate Manager

In this course participants will learn the steps to build RateManager algorithms including the following: creation and maintenance of Programs, organization of global inputs, variables and results, mapping tables, creating calculated variables, creating rating packages and testing.

Learn to:

• Build algorithms
• Create programs
• Maintain Programs
• Map Tables
• Create Rating Packages

Audience

• Business Analysts
• Functional Implementer
• Project Manager
• System Analysts
• End Users

Course Topics Overview of Rate Manager

• Product Overview
• Relationship Between Products
• Product Integration Discussion

The RateManager Screen

• Menu Tree
• Navigation Bar
• Main Frame / Element Listing
• Preview Window

Preparing to Program Load

• Manual Preparation
• Creating a New Company
• Global Inputs and Outputs
• Categories
• Naming Conventions and Standards

Tables and Mapped Variables

• What is a Mapped Variable?
• When is a Mapped Variable Used?
• Creating an Import File
• Importing and Editing Data
• Advanced Data Features

Calculated Variables

• What is a Calculated Variable?
• When is a Calculated Variable Used?
• Creating and Constructing

Advanced Variable Features

• Variable Reports
• Creating a Global Variable
• Copying a Variable

Algorithms and Underwriting Rules

• Creating a New Normal Rating Algorithm
• Results from Algorithms
• Creating a New Underwriting Algorithm

Program Wrap Up

• Sequencing
• Result Mapping
• Program Date Mask
• Version Control
• Copying Programs

Program Development

• Creating Packages
• Versioning Packages
• Moving Packages
• Release Management
• Input Files
• Input and Output Mapping

Testing and Debugging

• Scenario Manager
• Test Case Editor

Course Objectives

• Learn to create rates for use with Insbridge product suite