Guidewire PolicyCenter Professional Exam Latest Update - 115 Questions and 100% Verified Correct Answers Guaranteed A+
- Ways to create documents - CORRECT ANSWER: 1. Upload an electronic file to the
- Create a new doc using a PC template, creating a local copy on the Document
Document Management System
Production system, ultimately uploaded to the Document Management System
- levels of assignment for external users - CORRECT ANSWER: 1. fully restricted - only
- protect internal - can be assigned producer codes from any external org
- allow internal - allow access to internal or external orgs
access to their own org
3 statuses of policies getting renewed - CORRECT ANSWER: Renewed
Not Taken Non-renewed
- types of info in a security dictionary - CORRECT ANSWER: A series of HTML pages
documenting roels and permissions for the application
- Application permission keys
- Pages (in UI)
- System Permissions
- Roles
A Policy Line contains: (5) - CORRECT ANSWER: 1. Exclusions
- Conditions 1 / 3
- Modifiers
- Coverage
- Forms
Actions related to a Contingency (3) - CORRECT ANSWER: 1. Changing the policy
- Cancelling the policy
- Cancelling and rewriting the policy
Activity Lifecycle (5) - CORRECT ANSWER: 1. In Progress - New/Updated (Star icon)
- In Progress (viewed) - Normal (Star disappears)
- Overdue - Due date turns red
- Escalated - exclamation appears
- Closed - Completed or skipped (disappears from list)
Activity Ownership - CORRECT ANSWER: Explicit - calls out person
Implicit - calls out person's role
Activity Patterns - CORRECT ANSWER: Standardize the way PC created activities
Activity queue - CORRECT ANSWER: an activity repository assocaited with the group so people can go in and assign themselves the next activity in the queue (need the Actqueuenext permission)
Audit Process Steps (6) - CORRECT ANSWER: 1. Audit Task starts an audit job
- Audit - draft policy transaction ready
- Each Item becomes a link to the audit wizard so the user can enter info
- Enter Audit Details
- Calculate Premiums
- Submit - Audit Non-editable 2 / 3
BA challenges with documenting functional requirements (7) - CORRECT ANSWER: 1.
Identifying and defining the business requirement
- Taking a business requirement to the feature level
- Breaking down features into user stories
- Prioritizing and Planning user stories
- Analyzing "what if" scenarios or edge case management
- Identifying impacts to other systems
- Writing testable requirements
Best practices in documenting functional requirements (5) - CORRECT ANSWER: 1.
Create testable requirements
- Never document a requirement in more than 1 place
- Document only what you want the system to do (not what you don't want)
- Keep track of all stories associated with a feature
- Always review a requirement with the team prior to implementation
Blocking point - CORRECT ANSWER: Stops the progress of a job until an issue is
approved (some issues can be informational (non-blocking)
Checking set - CORRECT ANSWER: A point in the job where issues can be raised (Pre- quote, Bind, Pre-issuance)
Clauses and subclauses - CORRECT ANSWER: These are groups of coverages
A clause can have 1 or 0 parents clauses
A clause can have multiple subclauses of multiple levels
Color codes in sotry cards - CORRECT ANSWER: Dark Green - Coverage attributes
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