Oracle Insurance Policy Administration 9 Configuration
Essentials – Exam Study Guide
The Oracle Insurance Policy Administration Exam Guide is designed to provide students with the
training information meant to help them pass the Oracle Insurance Administration Configuration
Essential- 1Z1-557.
Oracle Insurance Policy Administration Configuration 1 & Advance Math Specialist Certification identifies
professionals that are skilled in implementing Insurance Policy Administration systems using Oracle
Insurance Policy Administration. The certification covers basic configuration skills for building nextgeneration, flexible, rules-based policy administration solution for life and annuities that supports policy
issue and policy processing.
Learner-level: questions require the candidate to recall information to derive the correct answer
Practitioner-level: questions require the candidate to derive the correct answer from an
application of their knowledge
For each exam topic there have been identified alternative training options that are available at Oracle.
Please note that some of the training recommended can cover multiple exam topics.
The exam covers 16 topics:
Topic 1: Navigating
Objectives
Navigate thru OIPA Interface
Define OIPA Interface basics
Identify Main Screens and their Functions
Explain Activity Processing Details
Level
Practitioner
Learner
Practitioner
Learner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 CSR Guide
Topic 2: Basic Configuration Overview
Objectives
Describe Use of Product Templates
Level
Learner
1
Navigate thru Rules Palette
Locate Business Rules and Transactions
Describe Different Types of Rules
Explain System Overrides of Rules
Explain the Basic XML Rules
Practitioner
Practitioner
Learner
Learner
Learner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 Rules Palette Guide
Topic 3: Term Life Policy Lifecycle
Objectives
Describe the Term Product Template
Explain Term Life Lifecycle
Create a Term Life Policy
Use Suspense Records in OIPA
Level
Learner
Learner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 CSR Guide
Topic 4: Configuring Screens
Objectives
Define Screens and Database Tables
Configure Screen Business Rules
Apply Screen fields
Change Screen Cosmetics
Use Field Validation
Level
Learner
Practitioner
Practitioner
Practitioner
Practitioner
Training Options
o
Boot Camp –
2
o
o
o
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA Rules Palette Screen Rules
Online Documentation
 Rules Palette Guide
 XML Configuration Guide
Topic 5: Security
Objectives
Explain OIPA Security
Create and Remove Users
Create and Remove Security Groups
Level
Learner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 Rules Palette Guide
Topic 6: Roles
Objectives
Create Roles
Configure Roles
Validate Roles
Level
Practitioner
Practitioner
Practitioner
Training Options
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
3
o
o
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
 OIPA detailed demo
Online Documentation
 Rules Palette Guide
 XML Configuration Guide
Topic 7: Transactions
Objectives
Describe the use of Transactions
Create Transactions
Use Copybooks
Use Overrides
Configure Eligible Transactions By Policy Status
Configure Transaction Business Rule Packet
Level
Learner
Practitioner
Practitioner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 Rules Palette Guide
 XML Configuration Guide
Topic 8: Transaction Spawning
Objectives
Explain Spawning
Process a Spawned Transaction
Configure a Spawned Transaction
Level
Learner
Practitioner
Practitioner
Training Options
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
4
o
Online Documentation
 Rules Palette Guide
 XML Configuration Guide
Topic 9: Math
Objectives
Explain MathVariables
Apply Basic Math using MathVariables
Apply SQL MathVariable
Apply VALUE MathVariable
Use Functions in Math
Level
Learner
Practitioner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
 OIPA detailed demo
Online Documentation
 XML Configuration Guide
Topic 10: Events
Objectives
Describe Events
Explain Actions
Configure Events and Actions
Use Field Validation
Use ScreenMath
Level
Learner
Learner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
 OIPA detailed demo
Online Documentation
 XML Configuration Guide
5
Topic 11: Debugging Transactions
Objectives
Set up Debugging
Debug a Transaction
Use Breakpoints
Level
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
Online Documentation
 Rules Palette Guide
Topic 12: Segments
Objectives
Configure Segments
Use Segment Fields
Configure the SegmentScreen
Level
Practitioner
Learner
Practitioner
Training Options Boot Camp –
o
o
o
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
Online Training
 OIPA detailed demo
Online Documentation
 Rules Palette Guide
 XML Configuration Guide
Topic 13: Advanced Math-Arrays
Objectives
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
6
Level
Learner
Practitioner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
Online Documentation
 XML Configuration Guide
Topic 14: Advanced Math- Array Functions
Objectives
Explain Manipulting Arrays
Use AggregateFunction - COUNT, MIN, MAX, SUM, INDEX
Use INSERT and REMOVE
Use EXPAND and TRANSFORM
Level
Learner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training

o
OIPA Rules Palette Screen Rules
Online Documentation
 XML Configuration Guide
Topic 15: Advanced Math- Loops
Objectives
Describe Loop Basics
Apply FOR Loops
Apply SEGMENTLOOP
Apply OBJECTLOOP
Level
Learner
Practitioner
Practitioner
Practitioner
Training Options
7
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
Online Documentation
 XML Configuration Guide
Topic 16: Advanced Math-Functions
Objectives
Describe Function Basics
Create a Function
Call a Function
Debug a Function
Level
Learner
Practitioner
Practitioner
Practitioner
Training Options
o
o
o
o
Boot Camp –
 Oracle Insurance Policy Administration Configuration Boot Camp
Instructor Led Training (delivered by Oracle University)
 Oracle Insurance Policy Administration Configuration I v9
 Oracle Insurance Policy Administration Configuration: Advanced Math v9
Online Training
Online Documentation
 XML Configuration Guide
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