EY Global Delivery Services ( EY GDS) Guidewire Developer Interview Questions and Answers

A claim is a request made by a policyholder to an insurance company for compensation for a covered loss or event.

• A claim is typically initiated by the policyholder submitting a claim form to the insurance company.

• The insurance company then investigates the claim to determine its validity and coverage under the policy.

• Once the claim is approved, the insurance company will provide compensation to the policyholder based o...read more

Transactions in Guidewire involve checks lifecycle and reserve management.

• Transactions in Guidewire refer to the process of handling financial transactions within the system.

• Checks lifecycle involves the stages a check goes through from creation to clearance.

• Reserve management involves setting aside funds for future claims or liabilities.

• Example: A claim payment transaction involves issuing a check, tracking its lifecy

As a Guidewire developer in my previous company, my major responsibilities included designing, developing, and implementing Guidewire applications to meet business requirements.

• Designing and developing Guidewire applications

• Implementing new features and functionalities

• Collaborating with business analysts and stakeholders to gather requirements

• Testing and debugging applications to ensure quality and performance

• Providing...read more

Guidewire has various centres such as PolicyCenter, ClaimCenter, and BillingCenter.

• PolicyCenter is used for underwriting, policy administration, and product management.

• ClaimCenter is used for claims management.

• BillingCenter is used for billing and receivables management.