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SAP Insurance Training

SAP Insurance Training Introduction:

These solutions provide the advanced claims, policy, and billing management capabilities insurers need to improve efficiency, profitability, and customer loyalty. Our solutions enable insurers to implement best-in-class business processes, optimize reinsurance processes, and gain sophisticated functionality for statutory reporting.

Global Online Trainings conducts their online SAP IS insurance Training for corporate batch also and there are students studying this professional course all across the world. Here sap for insurance online training course fee is reasonable and students get 24×7 support for getting best output out of their training process.Call the help desk for more information for online SAP Insurance training’s and its details.

SAP Insurance Training Overview :

SAP Insurance solutions provide the advanced claims, policy, and billing management capabilities insurers need to improve efficiency, profitability, and customer loyalty. Our solutions enable insurers to implement best-in-class business processes, optimize reinsurance processes, and gain sophisticated functionality for statutory reporting. The comprehensive SAP for Insurance solution portfolio, together with our leading business support and analytical applications, helps optimize insurance business processes.

There are customer real business scenarios to help participants learn how SAP Insurance Training delivers value to its insurance customers. SAP for Insurance Online training modules focuses on the use and implementation of application for key industry-specific business processes. The SAP IS Insurance training institutes offer a variety of training courses including generic, role-based, process-oriented and technology training to cater to various job profiles. There are both online and instructor-led classroom modules available for SAP IS Insurance training.

The SAP Insurance system landscape offers especially large and medium-sized insurance companies best-of-the-breed solutions.

It excels in the day-to-day operational needs while catering to the entire gamut of business requirements from customer-facing front-end applications to the general ledger.

It offers to insurance companies a one-stop solution with standard sample content. Every component supports business requirements across line of businesses:

  • individual life
  • pensions
  • property & casualty (non-life) and

Prerequisites for SAP Insurance Training:

  • Interested candidates should possess basic SAP skills and an understanding of business processes in insurance industry.
  • SAP IS Insurance training is applicable for development consultant, industry specialist, application consultant, business analyst, business process owner, team lead and program/project analyst.

SAP for Insurance Training Course Content

SAP for Insurance solution Overview
Business Partners Overview
Overview of the Policy Management processes
Overview of the Claims Management processes
Overview of the Incentives & Commissions Management processes
Overview of the Collections & Disbursements processes
Overview of the Reinsurance processes
Overview of the Customer Relationship Management for SAP for Insurance

 Skills Gained

  • Gain a sound understanding of the standard business processes and individual components within Claims Management
  • Prepare for the Claims Management Configuration course FS335

Who Can Benefit with SAP Insurance Training:

  • Application Consultant
  • Business Process Owner/Team Lead/Power User
  • Program/Project Manager

Advantages of SAP solutions for insurance companies:

  • Covers the whole value-added chain
  • Increased IT efficiency due to flexible adaptation of the software to clients processes and architecture
  • Support for innovative “time-to-market” concepts
  • Integrated and homogeneous data management 
What will you learn?
  • In the SAP IS Insurance training course, you will
  • Understand how key insurance processes are supported with SAP for Insurance
  • Learn how SAP delivers value to the insurance industry enabling its main players, insurers and re-insurers to confront the current industry challenges and trends
  • Learn about the key functional areas within the SAP for Insurance solution
  • Describe the function of business partners, relationships and their roles
  • Describe master data elements of the various components within SAP Insurance Training
  • Participate in the blueprinting phase of your implementation
SAP for Insurance solution portfolio focuses on key industry-specific business processes:
  • Management of premium collections and contractual disbursements
  • Claims management
  • Commission management
  • Reinsurance management
  • Policy management

SAP for Insurance verifies the basic knowledge in the area of the SAP Insurance Training application. This certificate proves that the candidate has a basic overall understanding within this consultant profile of the industry solution, and can implement this knowledge practically in projects under guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted with the fundamentals of SAP for Insurance.This course is intended to help participants understand and apply SAP Claims Management business processes within the Insurance industry. Instructor lecture together with hands-on exercises will enable participants to complete transactions to help reinforce the concepts.

Benifits with Learning SAP Insurance Training:

SAP solutions provide a comprehensive insurance enterprise platform that improves customer interactions, core operations, and overall finance processes through: Ÿ

  • Consistent customer experience across multiple channels
  • Accelerated response to customer trends and buying habits
  • Reduced loss-adjustment expenses from an integrated, complete claims process Ÿ
  • Improved time to market for tailored insurance products
  • Increased ability to monitor compliance with industry regulations

SAP Insurance Online Training Agenda:

  • Course Name: SAP Insurance Training course
  • Duration of the Module :  35 Hours
  • Training Mode: Online virtual classes and corporate
  • Timings: According to one’s feasibility
  • System Access : will be provided
  • Batch Type: Regular , weekends and fast track
  • Material: Trainees will get the soft copy material.
  • Sessions will be conduct through WEBEX, GOTOMEETING OR SKYPE.
  • Basic Requirements: Good Internet Speed, Headset
Advantages upon enrolling with Global Online Training:

Global Online Trainings Providing SAP Insurance Training covers the full cycle of a project with the SAP for Insurance platform. This Training uses step-by-step instructions to teach you everything from the very basics to the more advanced topics.If the candidates miss any of the sessions due to some unavailability, we will give assurance for back-up sessions. At the end of every week the review sessions will be taken, so that the attendees can recollect the topics. As it an Online Trainings, the timings will be according to the candidate feasibility.

As our trainers are real time experts they will help you in giving training  at very high level for real time scenarios and projects. At the end of the session we will discuss regarding the interview questions which will help you out in cracking the interviews. Our Consultant will help you in preparing the resume and certifications.  Also the added advantage from us is will also provide you job support if you are phasing any issue in your current job, looking at your current working technology and issue , if we think we can resolve the issue then only we give you 100% commitment to resolve it. Global Team will be in switch on mode for 24/7 and will solve any issues regarding the training, timings, trainer or server. We are ready to solve any issues with in no time.