SAP IS Insurance Training and Certification

The training course on SAP Industrial Solutions for Insurance is one of the most sought-after skill enhancement programs in the SAP world. It teaches students about the advanced claims, policy, and billing management capabilities of SAP IS Insurance software package. SAP IS Insurance classes also help to prepare students appearing for the SAP Certified Application Associate certification test which verifies the basic knowledge in the area of the SAP for Insurance application. SAP IS Insurance training is the best way to get a hands-on experience on the application for the beginners. You’ll get acquainted with the fundamentals of SAP for Insurance. The SAP IS Insurance classes describes and provides hands-on experience regarding the functionality of all SAP components involved in the execution of end-to- end insurance business processes - from the quotation of a policy to the booking of its premium in the General Ledger. There are customer real business scenarios to help participants learn how SAP for Insurance delivers value to its insurance customers. SAP for Insurance 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.

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 for Insurance
• Participate in the blueprinting phase of your implementation

• Market Insight and Customer Intimacy
• Core Insurance Operations
• Finance, Investments and Compliance
• Human Resources
• Finance
• Procurement
• IT Management

• Reduce time to market for customized insurance products and services
• Streamline insurance operations and reduce process complexity and costs
• Proactively manage compliance and stay on top of new regulations
• Drive maximum performance from your sales force and improve incentives management
• Increase customer satisfaction and loyalty with better service and easier renewals
• Sophisticated functionality for statutory reporting
• Optimize insurance business processes

As a consultant in the insurance industry you analyze and optimize the organization and business processes of the customers. Depending on your role at the customer site you will take on tasks like:

• Advice customers in strategic issues they are facing
• Together with the customer you analyze business requirements and processes with the aim of customer-specific solutions
• Develop solutions, business blueprints and decision memos for business- and IT-related topics
• Creation of test concepts, quality assurance and software testing