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Enhance Pricing Decision Intelligence with hx Renew's Specialized API Exam

April 27, 2024
2 Min Reads

Hyperexponential introduced a certification program over a year ago, starting with the "Core Model Developer Exam." The program has been well embraced, and every three months, badges and diplomas are given out. Many people are celebrating their victory by posting their hx Renew certificates on LinkedIn, demonstrating their delight for this accomplishment.

The "Model Developer API Exam," a new certification offered by hyperexponential, has been introduced. This specialized test intends to certify individuals with in-depth understanding of the hx Renew APIs and is structured to come after the basic exam. According to hyperexponential, obtaining this certification puts users on the perfect path to becoming Pricing Decision Intelligence (PDI) experts.

 

A key component of the platform's adaptability and customization are the hx Renew APIs. Professionals with the "Model Developer API" certification are adept at automating processes and utilizing external data, which is crucial for making good use of pricing decision intelligence.

 

Experts from hyperexponential, Nancy Simpson, Customer Success Manager, and Josh Boddy, Solutions Engineering Lead, talked on how hx Renew APIs may improve pricing procedures.

 

Josh clarified that by enabling external systems to communicate with the Renew platform, hx Renew APIs streamline calculations, process automation, and data retrieval. Actuaries especially benefit from this feature, which makes sophisticated analyses and effective data manipulation possible without requiring manual input, increasing productivity and analytical sophistication.

 

According to Nancy, there is comprehensive documentation and training available to enable a seamless execution of the integration process, which is a simple process overall. Rather than making actuaries' jobs more difficult, the APIs are meant to empower them and make them easier.

 

Underwriters benefit from the integration because it offers a "single pane of glass" perspective, combining analytical tools and data in one location to minimize system switching. This integration facilitates quicker, better-informed underwriting choices in addition to improving risk assessment and operational efficiency.

 

One noteworthy success story is the client's smooth data interchange and analysis made possible by the integration of Cybercube with their hx Renew environment.

 

hx Renew's APIs include with extensive documentation and a private Stack Overflow channel to help people who are new to using them. Josh emphasizes the significance of receiving formal acknowledgment through the API test, pointing out that it validates your knowledge and strengthens your reputation in the workplace.

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