Gain an edge in pricing decision intelligence with hx Renew’s specialist API Exam

Gain an edge in pricing decision intelligence with hx Renew's specialist API Exam

Nearly one year ago, hyperexponential launched a certification programme, beginning with the “Core Model Developer Exam.” The initiative has been warmly received, with certificates and badges being awarded quarterly. The enthusiasm for this achievement is visible, with many sharing their hx Renew certificates on LinkedIn, celebrating their success.

hyperexponential has now introduced the “Model Developer API Exam,” a new addition to the certification offerings. This specialist exam is designed to follow the foundational exam and aims to accredit users with expert knowledge of the hx Renew APIs. Achieving this certification places users on the ideal track to becoming a Pricing Decision Intelligence (PDI) expert, hyperexponential said.

The hx Renew APIs play a pivotal role in the flexibility and customisation of the platform. Those certified in the “Model Developer API” are proficient in automating workflows and leveraging third-party data, an essential skill for utilising Pricing Decision Intelligence effectively.

Two of hyperexponential’s experts, Josh Boddy, Solutions Engineering Lead, and Nancy Simpson, Customer Success Manager, discussed the advantages of hx Renew APIs in enhancing pricing processes.

Josh explained that hx Renew APIs allow external systems to interact with the Renew platform, simplifying data retrieval, calculations, and workflow automation. This capability is particularly beneficial for actuaries, enabling efficient data manipulation and complex analyses without manual input, thereby boosting productivity and analytical sophistication.

Nancy added that the integration process is straightforward, with extensive documentation and training available to ensure smooth implementation. The APIs are designed to empower actuaries and simplify their tasks, not complicate them.

For underwriters, the integration provides a “single pane of glass” view, consolidating data and analytical tools in one place and reducing the need for switching between systems. This integration not only enhances risk assessment and operational efficiency but also supports faster, more informed underwriting decisions.

One notable success story involves a client integrating their hx Renew environment with Cybercube, facilitating seamless data exchange and analysis.

For those new to hx Renew’s APIs, starting is easy with comprehensive documentation and a private Stack Overflow channel for support. The importance of formal recognition through the API exam is emphasised by Josh, noting that it confirms your expertise and enhances your professional credibility.

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