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Updated: Sep 01, 2026

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Oracle 1Z0-557 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Insurance Policy Administration Configuration 9 Essentials
Exam Number:1Z0-557
Certificate Validity Period:18 months
Exam Price:$245 USD
Related Certifications:OPN Certified Specialist
Passing Score:65%
Exam Duration:120 minutes
Real Exam Qty:70-80
Available Languages:English
Exam Format:Scenario-Based, Multiple Choice
Recommended Training:Oracle Insurance Policy Administration Configuration Training
Oracle Learning Subscription
Exam Registration:Pearson VUE Registration
Oracle University
Exam Way:Computer-based testing (onsite at Pearson VUE centers or online proctored)
Pre Condition:No mandatory prerequisites; hands-on experience with Oracle Insurance Policy Administration is recommended
Official Syllabus URL:https://education.oracle.com/

Oracle 1Z0-557 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Calculation and Math Configuration20%- Formula and Expression Setup
- Premium and Benefit Calculations
- Arrays and Functions
Topic 2: Security and Administration10%- User Roles and Permissions
- System Maintenance
- Security Settings
Topic 3: Troubleshooting and Testing10%- Issue Resolution
- Configuration Validation
- Debugging Tools
Topic 4: Product Configuration25%- Plan and Policy Structure
- Coverage and Benefit Configuration
- Rules and Business Logic
Topic 5: Installation and System Configuration20%- Architecture Overview
- Installation Steps
- System Setup and Parameters
Topic 6: Data Management and Integration15%- XML Configuration
- Import/Export and Interfaces
- Data Model and Entities

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