SAP FS-RI Consultant (Reinsurance Management)

Hiring: SAP FS-RI Consultant (Reinsurance Management)

Locations:

• Jersey City
• Parsippany
• New York City

Experience: 10+ Years

We are looking for an experienced SAP FS-RI Consultant with strong expertise in Reinsurance Management and hands-on experience in SAP FS-RI configuration, support, and integration within enterprise insurance environments.

Required Skills

✅ SAP FS-RI / FSRI

✅ Reinsurance Domain Expertise

✅ Treaty & Facultative Reinsurance

✅ Proportional & Non-Proportional Reinsurance

✅ Ceded & Assumed Reinsurance

✅ Treaty Configuration / Contract Setup

✅ Premium Calculation / EPI / UPR

✅ Claims & Recoveries

✅ SAP S/4HANA Finance (FI-GL, FI-AP, FI-AR)

✅ SAP FS-CD Integration

✅ Reinsurance Accounting

✅ SIT / UAT / Production Support

✅ Basic ABAP Debugging & Log Analysis

✅ PL/SQL

Key Responsibilities

• Configure and support SAP FS-RI for treaty and facultative reinsurance processes
• Manage reinsurance contracts, participation structures, premiums, claims, recoveries, commissions, and settlements
• Support UPR, reinstatement premiums, and period-end activities
• Work closely with Finance, Actuarial, and Business teams to resolve functional and reconciliation issues
• Support integrations with SAP FS-CD, SAP FI, and upstream/downstream systems
• Prepare functional specifications, test scenarios, and configuration documents
• Support SIT, UAT, production issues, and release activities
• Analyze posting logic, document flow, and accounting discrepancies

Preferred Qualifications

⭐ Insurance/Reinsurance industry experience is mandatory

⭐ Strong stakeholder communication and problem-solving skills

⭐ Agile/Scrum experience preferred

⭐ Ability to mentor junior team members and support offshore/onshore coordination

Looking for strong SAP FS-RI professionals with enterprise reinsurance implementation/support experience.