SAP IS-Insurance 

Course Version: S4HANA 2023

Duration: 160 Hours

Available Courses: SAP Xpert, SAP Pro+, Learning Hub

Mode of learning: Online Training | Classroom Training | Self-Paced Learning

Day: Monday – Friday / Weekend

Rating: 4.0 ⭐⭐⭐⭐

  • Training
  • Certification
  • Skills
  • Employability

Course Overview

Download Syllabus 🔻

SAP IS-Insurance Course Overview:

SAP IS-Insurance (Industry Solution for Insurance) is a specialized module developed for the insurance sector, providing end-to-end process support across the entire insurance lifecycle. This course is ideal for professionals working in or aiming to support insurance companies in areas like policy management, claims handling, collections, and reinsurance.

WHO CAN JOIN THIS COURSE?

Anyone interested in learning about  SAP IS-Insurance can join the course, but it is particularly beneficial for individuals in the following categories:

  • ➸ Fresh Graduates: BE / B. Tech / ME / MBA / PGDBM graduates and other fresher profiles
  • ➸ Experienced Professionals: Individuals with experience in purchase, procurement, logistics, warehouse, and stores management
  • ➸ Industry Experts: Purchase executives, managers, store in-charges, warehouse and logistics professionals, and those working in BPO/KPO for international logistics, Sourcing managers, Supply chain professionals looking to streamline procurement processes using SAP IS-Insurance.
  • ➸ Aspiring SAP Consultants: Freshers seeking career opportunities in SAP TRM Consulting
  • ➸ Corporate Employees: Employees in organizations transitioning from non-SAP systems to SAP.

WHAT YOU WILL LEARN:

By the end of the course, participants will:

  1. Understand the architecture and components of SAP IS-Insurance
  2. Learn how to manage policy, claims, collections, and disbursements
  3. Gain practical knowledge of integrating IS-Insurance with SAP core modules (FI, FS-CD, FS-CM, FS-PM, FS-RI)
  4. Be able to support or implement SAP solutions in an insurance company

Program Highlights of SAP  IS-Insurance Course:

SAP IS-Insurance (Industry Solution for Insurance) is a comprehensive, industry-specific solution built to manage the end-to-end lifecycle of insurance operations. This course is designed to equip professionals with the skills to implement, configure, and manage SAP’s insurance-specific modules within the SAP S/4HANA environment or SAP for Insurance suite.

Here are the key program highlights:

  • Overview of SAP for Insurance industry
  • Key business challenges addressed
  • Core components and sub-modules
  • Integration with SAP ERP and S/4HANA

 

  • Policyholder accounting processes
  • Incoming and outgoing payment handling
  • Dunning and collection processes
  • Integration with FI and FS-PM
  • Subledger accounting for insurance

 

  • Policy creation, endorsement, and renewal
  • Product modeling and configuration
  • Underwriting processes
  • Integration with claims and collections modules

  • Claims notification and adjudication
  • Payment processing for claims
  • Claims workflow automation
  • Integration with policy and finance modules

  • Outward and inward reinsurance processes
  • Treaty and facultative reinsurance configuration
  • Accounting and reporting for reinsurance
  • Interfaces with FS-CD and FS-PM

 

  • IS-Insurance system landscape
  • Integration with SAP FI, SD, and CRM
  • Data exchange with third-party systems
  • Usage of BAPIs, IDocs, and web services

  • Standard reports in IS-Insurance
  • Claims and premium analytics
  • Role of SAP BW and SAP Analytics Cloud
 

Unleash your potential with our all-inclusive course! Sign up now to gain mastery in advanced business programming skills.

SAP IS-Insurance
➼ Duration: 160 Hours
➼ Modes Available: Online Training | Classroom Training | Self-Paced Learning
➼ Flexible EMI options available through our loan partner.

COURSE INCLUSIONS:
  • ✔ Live trainer-led sessions
  • ✔ Hands-on practical training
  • ✔ 3 months of SAP system access
  • ✔ Comprehensive eBooks
  • ✔ Access to session recordings
  • ✔ Guidance for global certification
Join the Course ⟶

WHY CHOOSE US

AcqvistoAdvantages

Learning Support

  • Receive unparalleled guidance from industry experts
  • Expert training delivered by certified trainers and experienced consultants
  • Mentor-Mentee corner to share best practices and insights
  • Comprehensive learning materials for self-paced study

Doubt Resolution

  • Clear doubts with trainers, industry experts, and peers
  • Personalized attention to every candidate’s learning needs
  • Individualized feedback and mentoring 
  • Regular Q&A sessions for enhanced understanding

Employability Enhancement

  • Career-building workshops on soft skills and personality development
  • Guidance from industry mentors for career advancement
  • Mock interviews and group activities with experts and peers
  • Resume building and interview preparation sessions

Hands-On Practical Exposure

  • Access to real-time projects and case studies for experiential learning
  • Practical assignments aligned with industry standards
  • Simulation exercises for real-world scenarios
  • Continuous assessment to monitor and enhance progress

Learning Support

  • Receive unparalleled guidance from industry experts
  • Expert training delivered by certified trainers and experienced consultants
  • Mentor-Mentee corner to share best practices and insights
  • Comprehensive learning materials for self-paced study

Doubt Resolution

  • Clear doubts with trainers, industry experts, and peers
  • Personalized attention to every candidate’s learning needs
  • Individualized feedback and mentoring 
  • Regular Q&A sessions for enhanced understanding

Employability Enhancement

  • Career-building workshops on soft skills and personality development
  • Guidance from industry mentors for career advancement
  • Mock interviews and group activities with experts and peers
  • Resume building and interview preparation sessions

Hands-On Practical Exposure

  • Access to real-time projects and case studies for experiential learning
  • Practical assignments aligned with industry standards
  • Simulation exercises for real-world scenarios
  • Continuous assessment to monitor and enhance progress

Ready to Take the Leap?

Join the SAP IS-Insurance Program Today and Transform Your Career!

CONTACT US

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