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Guidewire PolicyCenter Professional Exam 2024-2025. Questions and Correct Answers. Graded A
Typology: Exams
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2 Ways to create documents โ ANS
Blocking point - ANSStops the progress of a job until an issue is approved (some issues can be informational (non-blocking) Checking set - ANSA point in the job where issues can be raised (Pre-quote, Bind, Pre-issuance) Clauses and subclauses - ANSThese 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 - ANSDark Green - Coverage attributes Light Green - Coverage Term Attributes Lightest green - Coverage Term Option attributes Components of UW authority - ANSUW Issue - a specific occurance on a policy transaction where an UW condition was true. Created when a condition gives
Deploying UW Rules (Dev vs Prod server) - ANSDev:
Endorsement numbers - ANSIndicates the order that a form was added to the policy (apply to a specific policy period (sequential starting at 1) Examples of PC functional requirements (6) - ANS1. Product - coverages and coverage terms
Form Pattern - defines metadata about a form and the inference logic (the define valid forms the system can infer on a policy) The actual Form content is created by a Document Production System (DPS) The created form content is stored in a Document Management System How can managers and supervisors see what is going on with the users in their groups? - ANSThe Team Tab allows them to see all jobs and activities grouped by time and status. They can mass reassign activities, and jobs, and can view policy transactions by role or activity Can view by role or by activity How can UW issues be created? (2) - ANS1. Rule conditions can be created in the UW Rule UI, more complex conditions can be written in gosu
Premium Report General Steps (6) - ANS1. Schedule Premium reports
Rewites - ANSYou must cancel a policy to rewrite it Full term rewrite (discards the original policy and policy term) Mid term rewrite (retains part of the original policy) Rules for groups (5) - ANS1. Users can belong to more than 1 group