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CoursesGuidewireGuide BillingCenter & Fundamentals
Guidewire
Guide BillingCenter & Fundamentals
Guidewire BillingCenter is a billing and receivables management system that automates policy premium invoicing and payment processes for P&C insurers.
5/5(4,890 Reviews)

Level

Advanced

Duration

8 Weeks

What is Guide BillingCenter & Fundamentals?
Guidewire BillingCenter streamlines billing, invoicing, and payment collection for insurance policies. It supports flexible billing schedules, payment plans, and automated reminders. The system integrates with PolicyCenter and ClaimCenter to ensure accurate premium calculations and financial tracking. With configurable rules, reporting, and analytics, it helps insurers reduce billing errors and improve cash flow management.
Training Plan

About trainer

Working professional who is carrying more then 10 years of industry experience.

Decks

The candidate will get access to the presentation taken-up during the session.

Notes

Consolidated notes in word document.

Assignments

Assignments for every module will be covered.

MCQs

MCQs for every module covered in the session would be provided.

Video Recording

Daily Session would be recorded and shared to the candidate.

Dumps for Certification

We will provide dumps for the certification exam, which will help you to prepare for the exam.

Updated Content

We provide Generative AI Driven content By experts.

Projects

3 Live Projects will be provided for practice.

Guide BillingCenter & Fundamentals Course Curriculum
.

Introduction to BillingCenter
Section 1

Overview of BillingCenter and billing fundamentals.
P&C insurance billing
Premium calculation
Billing lifecycle
BillingCenter architecture
.

Guidewire BillingCenter Overview
Section 2

Understanding BillingCenter as a core system for premium and collections management.
Key Features
Role in InsuranceSuite
Business Benefits
Users & Stakeholders
.

BillingCenter Architecture & Components
Section 3

Exploring application architecture and core components of BillingCenter.
Application Framework
Entities & Data Model
Integration Points
Batch Processing
.

Billing Accounts & Customer Management
Section 4

Handling accounts, contacts, and policies within BillingCenter.
Account Setup
Customer Hierarchies
Policy Linking
Account Relationships
.

Invoicing & Payment Processing
Section 5

Managing invoice generation and premium payment collections.
Invoice Generation
Payment Methods
Payment Schedules
Refunds & Adjustments
.

Delinquencies, Write-offs & Collections
Section 6

Dealing with overdue payments and financial adjustments.
Delinquency Processing
Write-offs Handling
Collection Strategies
Payment Recovery
.

Billing Plans & Financial Transactions
Section 7

Defining and managing billing schedules and financial operations.
Payment Plans
Installments
Direct Bill vs Agency Bill
Financial Transactions
.

BillingCenter Integration & Messaging
Section 8

How BillingCenter connects with PolicyCenter, ClaimCenter, and external systems.
Integration with PolicyCenter
Integration with ClaimCenter
Messaging & Web Services
Data Exchange
.

BillingCenter Security & Roles
Section 9

Ensuring secure access and role-based functionality in BillingCenter.
User Roles
Access Permissions
Security Policies
Compliance Standards
.

Careers & Certification in BillingCenter
Section 10

Learning paths and professional opportunities in BillingCenter.
BillingCenter Specialist Certification
ACE Certification Overview
Roles: Billing Analyst, Developer, Tester, BA
Market Demand
Key Projects
Guide BillingCenter & Fundamentals
Premium Billing Workflow Project
Design end-to-end billing for insurance policies, including invoice generation and payment tracking. Implement automated billing schedules and reminders. Handle multiple policies per account. Integrate with PolicyCenter for accurate premium calculation. Generate dashboards for overdue payments and billing trends.
Payment Plan & Adjustment Project
Create flexible payment plans for policyholders with partial payments and installments. Implement adjustments for refunds or corrections. Automate notifications and approvals. Track all transactions using reports and dashboards. Ensure integration with accounting systems for reconciliation.
Collections & Delinquency Management Project
Build a workflow to manage overdue accounts and collections. Include automated reminders, escalation rules, and reporting. Analyze delinquency trends and high-risk accounts. Integrate with external collection agencies if needed. Provide dashboards for management monitoring and decision-making.

Guide BillingCenter & Fundamentals – Associate Training Program

Category
Associate
Exam Name:
Guide BillingCenter & Fundamentals – Associate
Exam Code:
N.A.
Exam Duration:
N.A.
Exam Format:
N.A.
Passing Score:
N.A.
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Frequently Asked Questions (FAQs)

Why is Guidewire BillingCenter important for insurers?

BillingCenter automates invoicing, payment collection, and financial tracking, reducing errors and improving cash flow while providing actionable insights through reports and dashboards.

What is Guidewire BillingCenter?

Guidewire BillingCenter is a billing and accounts receivable system for insurers. It manages premium invoicing, payments, collections, and refunds. The system streamlines billing operations and improves accuracy. It integrates with PolicyCenter and ClaimCenter for a seamless insurance workflow.

What are the key features of BillingCenter?

BillingCenter supports invoicing, payment processing, collections, and reconciliation. It provides configurable billing schedules, automated reminders, and reporting dashboards. Integration with other Guidewire modules ensures data consistency. The system also supports multiple payment methods and customer self-service.

How does BillingCenter help insurers?

It automates billing operations, reducing manual errors and delays. The system improves cash flow management and customer satisfaction. It provides analytics for collections and payment trends. BillingCenter also ensures compliance with regulatory and financial reporting standards.

Can BillingCenter integrate with other systems?

Yes, BillingCenter integrates seamlessly with PolicyCenter, ClaimCenter, and external systems. It supports APIs, web services, and secure data exchange. Integration improves operational efficiency and reduces duplicate data entry. This enables a connected and accurate insurance ecosystem.

What skills are needed to work with BillingCenter?

Knowledge of insurance billing processes and BillingCenter configuration is essential. Skills in Gosu programming, workflows, and reporting are valuable. Understanding integrations, payment processing, and analytics enhances effectiveness. Both technical and functional expertise are in demand.

What is exposure in guidewire

In Guidewire, "exposure" refers to the total risk or liability that an insurance policy or portfolio carries at a given time. It represents the potential financial impact of claims that could arise under the policy. Exposure is critical for risk assessment, underwriting, and reporting in Guidewire applications like PolicyCenter or ClaimCenter. TechPratham trains learners to calculate, manage, and analyze exposures effectively in real-world insurance scenarios.

What is guidewire connections

In Guidewire, "connections" refer to the integration points between Guidewire applications (like PolicyCenter, ClaimCenter, or BillingCenter) and external systems or services. These connections enable data exchange, automation of workflows, and communication with third-party applications such as payment gateways, CRM systems, or data providers. Properly configured connections ensure seamless operations and accurate information flow. TechPratham provides hands-on training on setting up and managing Guidewire connections in practical projects.

How to remove guidewire from Dobhoff

To remove a guidewire from a Dobhoff tube safely, first ensure the patient is stable and in the correct position, usually sitting upright. Gently hold the tube and carefully withdraw the guidewire while supporting the tube to prevent displacement. Monitor the patient for any discomfort, coughing, or resistance during removal. TechPratham emphasizes following proper procedural protocols and hygiene to ensure safe and effective guidewire removal.

What is meant by guidewire testing

Guidewire testing refers to the process of validating and verifying Guidewire software applications like PolicyCenter, ClaimCenter, or BillingCenter. It involves creating and executing test cases to ensure the system functions correctly, meets business requirements, and integrates properly with other systems. Both manual and automated testing approaches are used to check workflows, data accuracy, and system performance. TechPratham provides structured training with real-time projects to master Guidewire testing concepts and practices.

How to use Guidewire Studio

Guidewire Studio is the integrated development environment (IDE) used for developing and configuring Guidewire applications like PolicyCenter, ClaimCenter, and BillingCenter. To use it, install Guidewire Studio on your system, connect it to your Guidewire instance, and use it to write Gosu code, create rules, configure entities, and manage project files. You can also debug, test, and deploy your changes directly from the studio. TechPratham provides hands-on training to effectively use Guidewire Studio for real-world insurance projects.

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