Oracle - Course Details

R12.xOraHRMSABF R12.x Oracle HRMS Advanced Benefits Fundamentals

Oracle Course Description:
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.
Oracle Course Duration:
3 DAYS
Oracle Course Target Audience:
Business Analysts,End Users Functional,Implementer,Project Manager,Sales Consultants
Oracle Course Prerequisite:
Knowledge of common compensation and benefits administration practices,Basic computing skills and understanding of Oracle applications
Course Content:
  • Overview of Implementing Advanced Benefits

    • Introducing Advanced Benefits
    • Reviewing a Sample Implementation and Enrollment
    • Following the Implementation Steps

  • Life Events

    • Defining Life Events
    • Defining Collapsing Life Events
    • Linking Life Events to Compensation Objects

  • Benefits Enrollment Requirements

    • Introducing Enrollment Requirements
    • Defining Program and Plan Enrollment Requirements
    • Defining Action Items and Certifications
    • Managing Suspended Elections and Interim Coverage’s

  • Dependent and Beneficiary Designation

    • Dependent Coverage Eligibility Profiles
    • Dependent Designation Requirements
    • Beneficiary Designations

  • Activity Rates and Coverage Calculations

    • Defining Variable Rate Profiles
    • Defining Coverage Calculations
    • Defining Actual Premiums
    • Setting up Benefits Elements
    • Defining Standard Contributions and Distributions

  • Flex Credits and Benefits Pools

    • Defining Flex Credits
    • Defining Benefits Pools

  • Benefits Communications

    • Defining a Communication Type

  • Online Benefits Services

    • Setting up the Benefits Service Center

  • 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

  • Benefits Enrollment

    • Running the Participation Process
    • Managing Life Events
    • Enrolling Participants
    • Covering Dependents and Designating Beneficiaries
    • Reviewing Enrollment Results

  • Total Compensation Setup Wizard

    • Using the Total Compensation Setup Wizard