BA for Insurance

GENERAL CONTENT TUITION FEE TRAINERS PHOTOS

Business Analyst is currently one of the hot jobs with high demand from the different types of business. Combine with the Insurance domain, a top hot domain, this hot job is more and more getting attraction the sight of job seekers as well as recruiters. The higher the demand, the more knowledge and skills are required to pursue this path of career. And so, come to this course be able to provide you the necessary knowledge, skills, tools using, shared practical experience to gain a new level of your job even you are a starter or an experienced level in this field.

Overview

Insurance is one of the fastest -rowing business analyst domains. Along with that trend, the demand for recruiting business analysts in this industry is also increasing rapidly. Those who work in this position need not only the skills as a professional business analyst, but also the insights relevant to the insurance industry.

Understanding this trend, BAC company has worked with insurance business analyst experts with many years of experience to develop this course in order to help individuals who want to create a career as a Business Analyst in the insurance sector has the knowledge and skills to take advantage of potential opportunities in the labor market.

Who are entirely suitable for the training course?

This course is suitable for:

Business Analysts, IT Quality Assurance (Testing), System Analysts looking to develop expertise in the insurance domain.
The students who specialize in insurance, banking and finance and have an orientation to become business analysts for insurance companies.
Those who want to develop a career in the field of business analyst.
The course is also suited to anyone embarking on a career within IT or project management who has an understanding of the IT domain.

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Why should I take the course?

Course Objectives

Business Analysis for Insurance domain knowledge combines with Business Analyst skills to give a customized skillset for an individual looking to make a career as a Business Analyst in the Insurance domain.

Why should you learn Business Analysis for Insurance course at BAC?

Hands-on Training Approach: You will be given access to many real-time project case studies where you will learn how the Business Analyst carried the project successfully and what are all the techniques which one should practice to be able to become a Business Analyst. With this, you will get hands-on experience working on a real-time project.
Through hands-on exercises, you’ll learn to define the scope of work and master requirements-gathering techniques in the insurance domain that will work for a variety of insurance projects and audiences. You’ll consider the unique needs of customers, stakeholders, and the IT department as you work toward building, documenting, communicating, and managing requirements.
Quality course material provided
You Get What You Really Need: Our focus is on your overall development in Business Analysis. We make sure you walk out as a Business Analyst.
This course covers the overall Insurance industry overview, its segments, functions and processes with the view to provide you with a broad level of understanding. With this knowledge, the BA can add a lot of value to the project (especially in the phases of insurance business process improvement, system requirements or testing) since he or she will be able to speak “insurance lingo” with users.
Gain an access to an internationally-standardized curriculum verified by International Institute of Business Analysis (IIBA®) of which BAC is an Endorsed Education Provider (EEPTM).

BAC provides a certification confirming your level of knowledge and skills in the field at the end of the course.

Course Benifits

What you will learn and receive after this course?

Provide you a strong basic understanding of the basic BA for insurance domain components
Understand and justify the role of the Business Analyst in the insurance IT domain
Describe the Business Analyst's relationships with insurance and IT stakeholders
Understand the insurance project lifecycle and the BA's role within the projects (including how this is affected by approaches using Agile or traditional waterfall model)
Understand the importance of project definition and scope
Understand and use the basic principles and rules of Business Analysis
Understand and use basic process modeling techniques (BPMN)
Understand the different types of requirement and the need for requirements documentation
Understand and gain hands-on experience about the basic competencies required to work as a BA in the insurance IT sector
Vocabulary standards and business analysis practices through the use of the IIBA – A Guide to the Business Analysis Body of Knowledge (BABOK Guide)
Plan BA requirements activities
Document the requirements for different types of projects
Verify and validate requirements
Elements of requirements management and communication and the BA’s role in them
Enterprise analysis: choosing appropriate projects
Waterfall, incremental, and agile lifecycles and how they change
BA Practices Hands-On Exercises
Claims Management System and Underwriting system
Different types of Transactions and Codes

How are courses designed?

The courses are aligned with BABOK^®3.0 provided by IIBA combined with Insurance Domain Knowledge as follows:

Practical theory
Practice with sample projects
Practice based on real projects.

Duration: 04 sessions (3 hours/session)

Course Notes

Place: 6th Floor, Thien Phuoc 01 Building, 244 Cong Quynh Street, Pham Ngu Lao, District 1, HCM.
Teaching Language: Vietnamese (English if with have special requested)
Materials: English (without translation)
Material Issues: Hard copy, soft copy templates by IIBA/BAC (if any)
HIGHLY RECOMMENDED: Fundamental Business Analysis or Advanced Business Analysis by BAC before this class. Or let's know your business demand HERE

Student Requirements

Join the course at the right place, on time and right schedule.
Comply with class rules.
Spirit of cooperation, working in group with members of the class and trainers.

Contact detail

Điện thoại tư vấn If you have any question, please feel free to contact us via:
Phone: (84) 909 310 768 | (84) 903 746 294
Email: info@bacs.vn | bac.trainingba@gmail.com

COURSE CONTENT IN DETAIL

Business Analyst for Insurance course is combined with BAC's leading experts in the field of business analysis which is designed with the sessions as below:

Session 1: Business Analyst Basic

Importance of Effective Business Analysis
Roles and responsibilities of BA
Standardization and Adaptability
Requirements Analysis
Process flows

Session 2: Insurance Domain Modules

Overview of Insurance Industry
Types of insurance
Basics of Life Insurance
Insurance Regulations
Individual & Group Insurance
Understanding the Life Insurance Processes
Product Development & Pricing
Sales & Distribution Management
Underwriting
Policy Administration
Claims Processing
Reinsurance
Understanding General Insurance
Property & Liability Insurance
Types of Property Insurance
Life Insurance Tools Overview
Product Specification

Session 3: Types of Transactions and Codes

Learn the Transactions and Codes used in Insurance industry:

Manual and Electronic transactions (EDI)
Different types of codes
Life cycle of claims from billing to payment
Revenue cycle management
Case management
Care management
Functional models

Session 4: Claim management system & Underwriting Systems

You will be learning through every process and flow of claim management and Underwriting which involves:

Claim process flow
Claims pricing
Claim submission
Claims Adjudication
Encounter submission
Claims payment
Compliance check
Underwriting Systems
Final Project Assignment
Sum-up

FULL TUITION FEE: 3,900,000 VND

The tuition fee includes materials and certification.
Tuition fee IS EXEMPT from value added tax (VAT).

DISCOUNT POLICY

10% discount on tuition fee if the students register for the course and payment is received ten days in advance.

PAYMENT

Students can choose 1 of the following payment methods:

Payment in cash

BAC TRAINING AND CONSULTANCY JOINT STOCK COMPANY

Headquarter: 6th Floor, 244 Cong Quynh Street, Pham Ngu Lao Ward, District 1, HCMC.
Branch: 11th Floor, 39B Truong Son Street, Ward 4, Tan Binh District, HCMC.
Email: info@bacs.vn or bac.trainingba@gmail.com
Hotline: (84) 909 310 768 | (84) 903 746 294

Payment by cards

BAC accepts new payment method: Convenient payment using mPOS device:

Payment by swiping ATM and international cards directly at the BAC office.
Payment by Internet Banking / Mobile Banking / Electronic Wallet (E-Wallet) / QR-code.
Easy payments from anywhere with the payment link.
Payment by credit card, installment with 0% interest.

Fee: card fees MUST BE PAID by the customer when paying by card. The consultant will estimate the card fee according to the fee schedule given by mPOS and provide a concrete estimate for the student to consider before paying. For additional details on how to incorporate the mPOS payment solution, please visit this link.

Payment by Transfer

Account 1: Tien Phong Bank
- Account number: 01236879001
- Account name: CTY CO PHAN DAO TAO VA TU VAN BAC
- Tân Bình Branch

NOTES:

Students shall complete the payment in advance, and not later than the opening session. BAC does not accept any payment after the opening day.
Exceptions: In cases of faulty payment process or students have committed to pay tuition fee after the opening day, BAC will accept as exceptions.

OTHER PROVISIONS

Reserve registered courses

After register and pay the tuition fee for the course, if students can not join the course, they should have an official notification to BAC before the opening session. In this case, students will be reserved tuition and join the next course or switch to another BAC course in suitable requirements.

Opening Schedule Changes

In case of course could not start on schedule, BAC will send an email to inform the student of the expected opening day.
If the new opening schedule is suitable for students' needs, BAC will reserve tuition fee. Students will continue to participate in the course.
If the new opening schedule does not meet students' needs, BAC will refund the tuition fee.

Refund Policy

Tuition fees ARE NOT REFUNDED.
In case of our student cannot join the new class schedule due to a change from BAC in terms of changing the course opening schedule, that student will be refunded the tuition by BAC according to the following process:
- Students can receive a refund by transfer or in cash.
- After the two sides have officially confirmed the cancellation of the course, the entire tuition will be refunded to students by BAC within a maximum of 3 working days.
- Students must return the receipt of tuition to BAC to complete the refund procedure.

Any information or support related to payment - PLEASE CONTACT US VIA:

Hotline: 0903 746 294 or Email: phungtran@bacs.vn.

Tan Hoang Minh

Head of Agency Digital Platform at AIA Vietnam
BAC's Lecture of Business Analysis for Insurance, Business Analysis

Mr. Minh graduated in Information Technology from University of Technology. Currently, he is Head of Agency Digital Platform at AIA Vietnam. Mr. Minh has more than 15 years of working experience in the Information Technology industry, especially with the role of BA for insurance. Mr. Minh has been experienced a lot of projects, took on many different positions at many companies and corporations about IT/BA fields such as Head of Agency Digital Platform at AIA Vietnam, Training Performance and Operation Management Senior Manager at Generali Vietnam, ATD Strategy and Operation Services Senior Manager, MIS Reporting and Projects Manager and Project Manager - IT Business Solution at Prudential Vietnam Assurance Private Ltd., Senior Assistant Manager - System Analyst, Business Analyst, MIS - Report at Manulife Financial, Senior System Analyst at Dai-ichi Life Vietnam, etc.

Tran Minh Vuong

Founder & CEO - ASC Solutions Company

Mr. Tran Minh Vuong is the Founder, Chairman of the Board of Members and Director of Global Market Rhythm Co., Ltd. (www.cafevang.vn). He is also the CEO of ASC Solutions - an IT solution provider for the financial market including solutions for non-life insurance, management in Logistics - Forwarding - Transportation and solutions on the integrated overall platform for business (www.ascsolutions.vn). Mr. Vuong held the position of IT Director at Vass Assurance Corporation (http://vass.com.vn). His contributions to this corporation were considered excellent leaders in applying IT solutions to the financial insurance market in Vietnam. Here, he led the IT department to successfully build the Core Insurance System as well as internal information management systems, customer care center, Business Intelligence system (BI) and risk management systems for the company.

Tai Tran

Instructor at BAC, Business Analyst

Mr. Tai Tran is known as one of the first people who have prestigious certificates for Business Analyst (BA) - CBAP (Certified Business Analyst Professional) issued by IIBA in Vietnam. With over 10 years of experience in the field of BA, he is currently a BA senior at Dai-ichi Life Vietnam - one of the leading companies specializing in providing life insurance service in Vietnam and over the world. Mr. Tai has been involved in many IT large-scale projects in the field of insurance as a BA expert. Besides, he has especially mastered his knowledge and skills in utilizing software: Microsoft Visio, SharePoint, ETL, Crystal Reports, other programming languages such as Adobe Flex, Actionscript, PHP, .Net, Java and COBOL, and many IT applications in the process of software development.