All times are central time unless noted.
This is a live group training at the StoneRiver Training Center.
Objective
Basic level course to enhance the current client’s working knowledge of the functionality and process flow of the Freedom Reinsurance System (FRS). New system enhancements will also be addressed.
Agenda
- Introduction & Overview
- System Cycle Overview
- Training Objectives - System Setup
- Reinsurance Startup
- System Menu Definition
- Table Definition
- Table Setup
- Import/Export Tables - Contract Maintenance - Treaty
- Contract Overview
- Master Contracts
- Sub Contracts
- Contract Workshop
- Copy and Renew Features
- Contract Approval Levels
- Client Contract Review - Contract Maintenance - Facultative
- Certificate Overview
- Policy Information
- Certificate Setup
- Reinsurer Setup
- Communication
- Coverage
- Criteria
- Facultative Workshop
- Copy Features
- Import Facultative Certificates - December Claim Cycle
- Cession Processing
- Working with Claim Data - January Premium and Claim Cycle
- Cession Processing
- Working with Premium Data
- Working with Claim Data - Special Processing
- IBNR/LAE Reserve Entry
- Collateral
- Schedule F Processing
- Schedule P Processing
- General Ledger Interfacing
- Direct Data Entry
- Premium Archive
- Financial Clear Executable
- Unapprove Contracts or Facultative Certificates
- Contract Pipeline Executable - Security Setup
Intended Audience
Reinsurance personnel responsible for any of the phases of the reinsurance process, who want to refresh their knowledge and review the new features of the reinsurance system, from contract setup to cash management to reporting. No prerequisites, however an understanding of reinsurance terminology and your company’s current reinsurance processing flow is essential. Experience with Windows is necessary.
Estimated CPE Credit
30 credit hours
Tuition (five day seminar)
$2000.00