Add parameter to rate table used in rate routine

About this task

You can add parameters to a rate table used in rate routines. You can also add parameters if that rate routine is included in a rate book. The rate book cannot be in active status.

First, add parameters to the rate routine.

Procedure

  1. Create a new rate table definition by copying YouthfulDriverAge and naming the copy YouthfulDriverAgeNotInRB.
  2. Make a copy of the PA Assign Driver Style 1 rate routine. Name this rate routine PA Assign Driver RT in RR with code pa_assign_driver_RT_in_RR.
  3. In the rate routine step with the operand table:YouthfulDriverAge, select Rate Table and change the rate table to YouthfulDriverAgeNotInRB.
  4. Add a new parameter to the rate table definition. This parameter can have any priority.
  5. On the Argument Sources tab, specify an argument source.
  6. Save the rate table definition.
  7. Go to the PA Assign Driver RT in RB rate routine.

    Because of the new parameter, PolicyCenter displays a message that it is unable to reconcile the rate table definition.

  8. Edit the rate routine.
  9. In the rate routine step with the operand table:YouthfulDriverAgeNotInRB, select Rate Table and click OK to confirm the addition of the new parameter. This refreshes the rate table lookup.

    In the following steps, you add the rate routine to a rate book.

  10. Navigate to the Rate Books screen and add a new rate book named RR in RB, edition 1.
  11. Set the policy to Personal Auto Line.
  12. Add the pa_assign_driver_RT_in_RR rate routine to the rate book.

    PolicyCenter displays a warning that the rate table does not exist in this rate book. You can ignore this warning.

  13. Click Update to save your changes.
  14. Promote the rate book to stage status.
  15. Edit the rate table definition for YouthfulDriverAgeNotInRB.
  16. Add a new parameter called NewParamPromotedRB with priority 3.
  17. Go to the Argument Sources tab.

    The new parameter is not in the source set.

  18. Add an argument source set named NewParamPromotedRB.

    The new parameter is automatically included.

  19. Specify argument sources for all parameters.

    Now, you can use the new parameter in a rate routine.

  20. Return the RR in RB rate book to draft status.
  21. Edit the pa_assign_driver_RT_in_RR rate routine.
  22. Refresh the rate table lookup in the rate routine by selecting the rate table.
  23. Change the argument source set to SetParamPromotedRB and click OK.