EI
Senior SAP FS-RI Consultant (Reinsurance Management)
eTeam Inc.
🇺🇸 United States
On-site
Senior
3 months ago
$100 – $120 / hour
- SAP
- SAP S/4HANA
- ABAP
- Change Management
- Agile
- Scrum
- PL/SQL
3 months ago
Role Name - Senior SAP FS-RI Consultant (Reinsurance Management)
ROLE_DESCRIPTION -
Must Have Technical/Functional Skills
· Strong hands?on experience with SAP FS?RI (Reinsurance) configuration and support
· Proven reinsurance domain expertise, including:
Treaty & Facultative reinsurance
Proportional and Non?Proportional structures
Ceded and Assumed reinsurance
· Experience with treaty/contract setup, premium calculation, postings, and estimations
· Functional knowledge of claims processing, recoveries, commissions, settlements, UPR, and reinstatement premiums
· Strong understanding of reinsurance accounting principles
· Experience supporting month?end, quarter?end, and year?end close processes
· Integration experience with:
SAP S/4HANA Finance (FI?GL, FI?AP, FI?AR)
SAP FS?CD
· Ability to analyze posting logic, document flow, reconciliation issues, and data discrepancies
· Experience supporting SIT, UAT, and production issues
· Ability to prepare functional specifications and support business requirement discussions
· Exposure to SAP and non?SAP system interfaces
· Basic ABAP debugging/log analysis skills
· Insurance/Reinsurance industry experience is mandatory
· 6 years of SAP experience with 3 years of hands?on SAP FS?RI experience
Roles & Responsibilities
· Analyze business requirements related to reinsurance processes and translate them into SAP FS?RI functional solutions
· Configure and support SAP FS?RI for treaty and facultative reinsurance, including proportional and non?proportional structures
· Set up and maintain reinsurance contracts, treaties, sections, and participation structures
· Support premium calculation, estimations, postings, claims, recoveries, commissions, and settlements
· Ensure accurate reinsurance accounting and postings to SAP S/4HANA Finance
· Manage UPR, reinstatement premiums, and period?end reinsurance activities
· Support month?end, quarter?end, and year?end close processes related to reinsurance
· Work closely with Finance, Actuarial, and Business stakeholders to resolve functional issues
· Support and coordinate system integration with SAP FS?CD, SAP FI, and upstream/downstream systems
· Prepare and maintain functional specifications, configuration documents, and test scenarios
· Support SIT, UAT, defect resolution, and production issues
· Analyze and resolve posting errors, reconciliation issues, and data discrepancies
· Ensure compliance with internal controls, audit, and regulatory requirements
· Participate in change management, transports, and release activities
· Provide knowledge transfer and support to onshore/offshore teams as required
Generic Managerial Skills, If any
· Strong communication skills for stakeholder management across business, IT, and leadership groups.
· Ability to manage multiple workstreams, prioritize tasks, and deliver within timelines.
· Problem-solving mindset with attention to detail and ability to work independently.
· Ability to mentor junior team members and support knowledge transfer.
· Experience in Agile/Scrum ceremonies and backlog management.
Key Words to search in Resume
· SAP FS?RI / FSRI
· Reinsurance
· Treaty & Facultative
· Proportional / Non?Proportional
· Ceded & Assumed Reinsurance
· Treaty Configuration / Contract Setup
· Premium Calculation / EPI / UPR
· Claims & Recoveries
· SAP S/4HANA Finance (FI?GL)
· SAP FS?CD Integration
Skills: ReInsurance~PL/SQL
Experience Required: 10 & Above
Senior SAP FS-RI Consultant (Reinsurance Management) · eTeam Inc.