1|Page
GUIDEWIRE POLICYCENTRE PROFFESIONAL EXAM NEWEST
ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||JUST OUT!!!
What is a Schedule Rate Modifier - ANSWER-A specific type of
modifier that provides credit or debits within established value
ranges
What is a contingency? - ANSWER-Sometimes a policy is
opened but issuance is dependent on the delivery of another
piece of info (ex. report card)
Actions related to a Contingency (3) - ANSWER-1. Changing the
policy
2. Cancelling the policy
3. Cancelling and rewriting the policy
What is a policy hold? - ANSWER-Placed on a transaction in the
event of a natural disaster or for changes in a business in a
specific region for a period of time
Allows a carrier to prevent users from creating new policies or
changing existing policies
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UW issues are raised and cause a block if the date interferes
with the hold date
Reasons for UW Referral - ANSWER-1. Related to the Policy
(when something about the policy needs to be brought to
attention)
2. Generate an UW issues which is blocking
3. Often manually created, can only be deleted manually or
through API, can't be approved
4. PErsists with the policy, resulting UW issues can be approved
What are Documents? - ANSWER-Electronic files that contain
info pertaining to an account, policy, or job ( not part of th
contract)
Where does the info exist for a document? - ANSWER-1. User's
Computer
2. Policy Center
3. Document Production System
4. document Management System
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2 Ways to create documents - ANSWER-1. Upload an electronic
file to the Document Management System
2. Create a new doc using a PC template, creating a local copy
on the Document Production system, ultimately uploaded to
the Document Management System
Document Production - ANSWER-Create a draft document by
merging Template with Field Values
Document Management System - ANSWER-Store documents
stores the doc itself and a meta file (info about the document,
like Author)
Each doc has a MIME type (tells you whether you can use Word,
Adobe, etc to open the file)
Notes vs Documents - ANSWER-1. Notes - written in plain text,
created by user or through Gosu and stored in the PC Database
2. Documents - more complex, might be PDF, Word, Excel, etc.
May be stored in the PC Database, or in Document
Management System
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Notes Fields - ANSWER-1. Topic
2. subject
3. Security Level (Unrestricted, Internal, Sensitive)
4. Text
What is an Activity? - ANSWER-A way to keep PC users informed
about important tasks related to accounts, policies, transactions
(can be manually or automatically created using business rules)
Activity Patterns - ANSWER-Standardize the way PC created
activities
Activity Lifecycle (5) - ANSWER-1. In Progress - New/Updated
(Star icon)
2. In Progress (viewed) - Normal (Star disappears)
3. Overdue - Due date turns red
4. Escalated - exclamation appears
5. Closed - Completed or skipped (disappears from list)
Types of activities - ANSWER-1. General Activities - a task to do,
no authority invovled
2. UW Review activity - Requests UW to review UW Issues
GUIDEWIRE POLICYCENTRE PROFFESIONAL EXAM NEWEST
ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||JUST OUT!!!
What is a Schedule Rate Modifier - ANSWER-A specific type of
modifier that provides credit or debits within established value
ranges
What is a contingency? - ANSWER-Sometimes a policy is
opened but issuance is dependent on the delivery of another
piece of info (ex. report card)
Actions related to a Contingency (3) - ANSWER-1. Changing the
policy
2. Cancelling the policy
3. Cancelling and rewriting the policy
What is a policy hold? - ANSWER-Placed on a transaction in the
event of a natural disaster or for changes in a business in a
specific region for a period of time
Allows a carrier to prevent users from creating new policies or
changing existing policies
,2|Page
UW issues are raised and cause a block if the date interferes
with the hold date
Reasons for UW Referral - ANSWER-1. Related to the Policy
(when something about the policy needs to be brought to
attention)
2. Generate an UW issues which is blocking
3. Often manually created, can only be deleted manually or
through API, can't be approved
4. PErsists with the policy, resulting UW issues can be approved
What are Documents? - ANSWER-Electronic files that contain
info pertaining to an account, policy, or job ( not part of th
contract)
Where does the info exist for a document? - ANSWER-1. User's
Computer
2. Policy Center
3. Document Production System
4. document Management System
,3|Page
2 Ways to create documents - ANSWER-1. Upload an electronic
file to the Document Management System
2. Create a new doc using a PC template, creating a local copy
on the Document Production system, ultimately uploaded to
the Document Management System
Document Production - ANSWER-Create a draft document by
merging Template with Field Values
Document Management System - ANSWER-Store documents
stores the doc itself and a meta file (info about the document,
like Author)
Each doc has a MIME type (tells you whether you can use Word,
Adobe, etc to open the file)
Notes vs Documents - ANSWER-1. Notes - written in plain text,
created by user or through Gosu and stored in the PC Database
2. Documents - more complex, might be PDF, Word, Excel, etc.
May be stored in the PC Database, or in Document
Management System
, 4|Page
Notes Fields - ANSWER-1. Topic
2. subject
3. Security Level (Unrestricted, Internal, Sensitive)
4. Text
What is an Activity? - ANSWER-A way to keep PC users informed
about important tasks related to accounts, policies, transactions
(can be manually or automatically created using business rules)
Activity Patterns - ANSWER-Standardize the way PC created
activities
Activity Lifecycle (5) - ANSWER-1. In Progress - New/Updated
(Star icon)
2. In Progress (viewed) - Normal (Star disappears)
3. Overdue - Due date turns red
4. Escalated - exclamation appears
5. Closed - Completed or skipped (disappears from list)
Types of activities - ANSWER-1. General Activities - a task to do,
no authority invovled
2. UW Review activity - Requests UW to review UW Issues
