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Updated: Oct 27, 2026

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Oracle 1Z0-557 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Insurance Policy Administration Configuration Certified Implementation Specialist
Exam Number:1Z0-557
Passing Score:65%
Certificate Validity Period:18 months
Related Certifications:Oracle Insurance Policy Administration Essentials
Oracle Insurance Policy Administration Implementation Specialist
Exam Duration:120 minutes
Real Exam Qty:60-70
Available Languages:English
Exam Price:USD 245
Exam Format:Scenario-based questions, Multiple Choice, Hands-on configuration-based questions
Recommended Training:Oracle Insurance Policy Administration training (Oracle University)
Exam Registration:Oracle Certification Registration
Exam Way:Online proctored or authorized test center exam
Pre Condition:Recommended: experience with insurance policy administration systems or Oracle Insurance Policy Administration products.
Official Syllabus URL:https://education.oracle.com

Oracle 1Z0-557 Exam Syllabus Topics:

SectionObjectives
Topic 1: Oracle Insurance Policy Administration System Overview- Architecture and components
  • 1. Policy data model and lifecycle
    • 2. System configuration overview
      Topic 2: Integration and Data Management- External system integration
      • 1. API and service integration
        • 2. Data import/export processes
          Topic 3: Policy Configuration Setup- Product configuration
          • 1. Coverage definition setup
            • 2. Policy product structure
              - Rules and calculations
              • 1. Rating and calculation logic
                • 2. Business rules configuration
                  Topic 4: Underwriting and Policy Processing- Policy lifecycle processing
                  • 1. Endorsements and renewals
                    • 2. Quote to policy conversion
                      Topic 5: Security and Administration- User and role management
                      • 1. Access control configuration

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