Duck Creek Rating & Product Configuration

Module 1: Introduction to Duck Creek Rating

• Overview of Duck Creek Rating within the product suite
• Rating architecture and core components
• Rating concepts: factors, tables, algorithms, and rules
• Rating system navigation and developer tools overview

Module 2: Rate Table Configuration

• Introduction to Duck Creek rate tables
• Creating and managing rating tables and lookups
• Configuring table dimensions and interpolation rules
• Managing rate table versioning and effective dates

Module 3: Rating Algorithm Development

• Introduction to rating algorithm framework
• Writing rating algorithms and calculation logic
• Configuring algorithm inputs, outputs, and parameters
• Managing algorithm dependencies and execution order

Module 4: Rating Factors and Variables

• Configuring rating variables and risk factors
• Managing factor derivation and transformation rules
• Setting up external data lookups and enrichment
• Factor override configuration and audit tracking

Module 5: Product Configuration Framework

• Introduction to Duck Creek product configuration model
• Configuring product lines, coverages, and limits
• Managing deductibles, endorsements, and exclusions
• Product eligibility and availability rules

Module 6: Coverage and Limit Configuration

• Configuring coverage types and structures
• Managing limit options and sublimit rules
• Setting up mandatory and optional coverage definitions
• Coverage interaction and dependency rules

Module 7: Pricing Rules and Business Logic

• Configuring pricing rules and surcharge logic
• Managing discount and credit rule frameworks
• Setting up minimum premium and floor rules
• Pricing override workflows and approval management

Module 8: Rating Testing and Validation

• Designing rating test cases and scenarios
• Using Duck Creek rating test tools and simulators
• Validating rating output accuracy and consistency
• Regression testing for rating changes

Module 9: Product Versioning and Lifecycle Management

• Managing product versions and effective dates
• Configuring state and jurisdiction-specific products
• Handling rate filings and regulatory submissions
• Product retirement and migration strategies

Module 10: Deployment and Governance

• Managing rating and product deployment packages
• Change control and governance for rating updates
• Production deployment and rollback procedures
• Monitoring rating performance and accuracy in production

Experience in the Industry Learn from certified DUCKCREEK RATING – PRODUCT CONFIGURATION professionals with hands-on industry experience.

Backgrounds at the Top Our trainers hold relevant certifications and have worked on real-world implementations.

Clear & Effective Teaching All core concepts of DUCKCREEK RATING – PRODUCT CONFIGURATION are explained with practical examples.

Hands-On Learning Focus Students gain practical experience through structured labs and projects.

Up-to-Date Knowledge Trainers keep content current with the latest platform releases and best practices.