R12.x Oracle HRMS Advanced Benefits Fundamentals

R12.x Oracle HRMS Advanced Benefits Fundamentals Certification Training Course Overview

Enroll for the 3-days R12.x Oracle HRMS Advanced Benefits Fundamentals training and certification course from Koenig solutions accredited by Oracle.

This course teaches you how to set up an employee benefits program using Oracle Advanced Benefits. Taking advantage of the full suite of Advanced Benefits features, students learn to manage benefits administration based on employee life events. Enrollment requirements and dependent designations that you can define help you to control elect-ability of benefits. You’ll learn how to manage coverage calculations—for life insurance type offerings—and actual premiums that you pay to third party providers. You’ll also learn how to enroll a participant into a benefits offering. Lastly, you'll learn the advantages of using the Total Compensation Setup Wizard to create a benefits program.

 Target Audience

This course is designed for:

  • Analyst
  • End User
  • Implementer
  • Manager

 Learning Objectives

After completion of this course, participants will learn the following:

  • Set up plans subject to US regulations: Imputed Income, COBRA, and HIPAA
  • Set up the Benefit Service Center, a call center environment for benefits administration
  • Use the Total Compensation Setup Wizard
  • Manage employee benefits based on life events
  • Set up flex credits and benefit pools
  • Define life event reasons and collapsing events
  • Schedule an open enrollment period
  • Set up enrollment requirements, including action items and certifications
  • Manage suspended elections and interim coverage
  • Define requirements for dependent designation
  • Cover dependents and beneficiaries
  • Set up coverage calculations
  • Define actual premiums
  • Trigger employee communications

R12.x Oracle HRMS Advanced Benefits Fundamentals (24 Hours) Download Course Contents

Live Virtual Classroom Fee On Request
Group Training
15 - 17 Nov GTR 09:00 AM - 05:00 PM CST
(8 Hours/Day)

06 - 08 Dec 09:00 AM - 05:00 PM CST
(8 Hours/Day)

1-on-1 Training (GTR)
4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

GTR=Guaranteed to Run
Classroom Training (Available: London, Dubai, India, Sydney, Vancouver)
Duration : On Request
Fee : On Request
On Request
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Course Modules

Module 1: Overview of Implementing Advanced Benefits
  • Introducing Advanced Benefits
  • Reviewing a Sample Implementation and Enrollment
  • Following the Implementation Steps
Module 2: Life Events
  • Defining Life Events
  • Defining Collapsing Life Events
  • Linking Life Events to Compensation Objects
Module 3: Benefits Enrollment Requirements
  • Introducing Enrollment Requirements
  • Defining Program and Plan Enrollment Requirements
  • Defining Action Items and Certifications
  • Managing Suspended Elections and Interim Coverage’s
Module 4: Dependent and Beneficiary Designation
  • Dependent Coverage Eligibility Profiles
  • Dependent Designation Requirements
  • Beneficiary Designations
Module 5: Activity Rates and Coverage Calculations
  • Defining Variable Rate Profiles
  • Defining Coverage Calculations
  • Defining Actual Premiums
  • Setting up Benefits Elements
  • Defining Standard Contributions and Distributions
Module 6: Flex Credits and Benefits Pools
  • Defining Flex Credits
  • Defining Benefits Pools
Module 7: Benefits Communications
  • Defining a Communication Type
Module 8: Online Benefits Services
  • Setting up the Benefits Service Center
Module 9: U.S. Benefits Regulations
  • Setting Up Imputed Income Plans
  • Introducing COBRA
  • Defining COBRA Programs and Plans
  • Defining COBRA Life Events and Eligibility Profiles
  • Defining COBRA Activity Rates
  • Generating HIPAA Certificates
Module 10: Benefits Enrollment
  • Running the Participation Process
  • Running the Participation Process
  • Enrolling Participants
  • Covering Dependents and Designating Beneficiaries
  • Reviewing Enrollment Results
Module 11: Total Compensation Setup Wizard
  • Using the Total Compensation Setup Wizard
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Course Prerequisites

Basic Computer Knowledge