Sr. SAP FS-RI Consultant (Reinsurance Management)

Job #JOB-01059
๐Ÿ“ Remote ยท US๐Ÿ’ผ CONTRACTOR
Strong handsโ€‘on experience with SAP FSโ€‘RI (Reinsurance) configuration and supportProven reinsurance domain expertiseincluding: Treaty & Facultative reinsurance Proportional and Nonโ€‘Proportional structures
๐‘๐จ๐ฅ๐ž โ€“ ๐’๐ž๐ง๐ข๐จ๐ซ ๐’๐€๐ ๐…๐’-๐‘๐ˆ ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐š๐ง๐ญ (๐‘๐ž๐ข๐ง๐ฌ๐ฎ๐ซ๐š๐ง๐œ๐ž ๐Œ๐š๐ง๐š๐ ๐ž๐ฆ๐ž๐ง๐ญ) ๐‹๐จ๐œ๐š๐ญ๐ข๐จ๐ง โ€“ ๐๐š๐ซ๐ฌ๐ข๐ฉ๐ฉ๐š๐ง๐ฒ/๐‰๐ž๐ซ๐ฌ๐ž๐ฒ ๐‚๐ข๐ญ๐ฒ, ๐๐‰ / ๐‘๐ž๐ฆ๐จ๐ญ๐ž ๐‰๐จ๐› ๐ƒ๐ž๐ฌ๐œ๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง: ๐Œ๐ฎ๐ฌ๐ญ ๐‡๐š๐ฏ๐ž ๐“๐ž๐œ๐ก๐ง๐ข๐œ๐š๐ฅ/๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐’๐ค๐ข๐ฅ๐ฅ๐ฌ: ยท Strong handsโ€‘on experience with SAP FSโ€‘RI (Reinsurance) configuration and support ยท Proven reinsurance domain expertise, including: Treaty & Facultative reinsurance Proportional and Nonโ€‘Proportional structures Ceded and Assumed reinsurance ยท Experience with treaty/contract setup, premium calculation, postings, and estimations ยท Functional knowledge of claims processing, recoveries, commissions, settlements, UPR, and reinstatement premiums ยท Strong understanding of reinsurance accounting principles ยท Experience supporting monthโ€‘end, quarterโ€‘end, and yearโ€‘end close processes ยท Integration experience with: SAP S/4HANA Finance (FIโ€‘GL, FIโ€‘AP, FIโ€‘AR) ๐’๐€๐ ๐…๐’โ€‘๐‚๐ƒ ยท Ability to analyze posting logic, document flow, reconciliation issues, and data discrepancies ยท Experience supporting SIT, UAT, and production issues ยท Ability to prepare functional specifications and support business requirement discussions ยท Exposure to SAP and nonโ€‘SAP system interfaces ยท Basic ABAP debugging/log analysis skills ยท Insurance/Reinsurance industry experience is mandatory ยท 6+ years of SAP experience with 3+ years of handsโ€‘on SAP FSโ€‘RI experience ๐‘๐จ๐ฅ๐ž๐ฌ & ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ข๐›๐ข๐ฅ๐ข๐ญ๐ข๐ž๐ฌ: ยท Analyze business requirements related to reinsurance processes and translate them into SAP FSโ€‘RI functional solutions ยท Configure and support SAP FSโ€‘RI for treaty and facultative reinsurance, including proportional and nonโ€‘proportional structures ยท Set up and maintain reinsurance contracts, treaties, sections, and participation structures ยท Support premium calculation, estimations, postings, claims, recoveries, commissions, and settlements ยท Ensure accurate reinsurance accounting and postings to SAP S/4HANA Finance ยท Manage UPR, reinstatement premiums, and periodโ€‘end reinsurance activities ยท Support monthโ€‘end, quarterโ€‘end, and yearโ€‘end close processes related to reinsurance ยท Work closely with Finance, Actuarial, and Business stakeholders to resolve functional issues ยท Support and coordinate system integration with SAP FSโ€‘CD, SAP FI, and upstream/downstream systems ยท Prepare and maintain functional specifications, configuration documents, and test scenarios ยท Support SIT, UAT, defect resolution, and production issues ยท Analyze and resolve posting errors, reconciliation issues, and data discrepancies ยท Ensure compliance with internal controls, audit, and regulatory requirements ยท Participate in change management, transports, and release activities ยท Provide knowledge transfer and support to onshore/offshore teams as required ๐†๐ž๐ง๐ž๐ซ๐ข๐œ ๐Œ๐š๐ง๐š๐ ๐ž๐ซ๐ข๐š๐ฅ ๐’๐ค๐ข๐ฅ๐ฅ๐ฌ: ๐ˆ๐Ÿ ๐š๐ง๐ฒ ยท Strong communication skills for stakeholder management across business, IT, and leadership groups. ยท Ability to manage multiple workstreams, prioritize tasks, and deliver within timelines. ยท Problem-solving mindset with attention to detail and ability to work independently. ยท Ability to mentor junior team members and support knowledge transfer. ยท Experience in Agile/Scrum ceremonies and backlog management. ๐Š๐ž๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ: ยท SAP FSโ€‘RI / FSRI ยท Reinsurance ยท Treaty & Facultative ยท Proportional / Nonโ€‘Proportional ยท Ceded & Assumed Reinsurance ยท Treaty Configuration / Contract Setup ยท Premium Calculation / EPI / UPR ยท Claims & Recoveries ยท SAP S/4HANA Finance (FIโ€‘GL) ยท SAP FSโ€‘CD Integration

Posted 6/26/2026 ยท Open until 7/23/2026

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