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Sr. SAP FS-RI (Reinsurance Management) Consultant

Job

Intellisoft Technologies

Jersey City, NJ (In Person)

Full-Time

Posted 3 days ago (Updated 1 day ago) • Actively hiring

Expires 7/13/2026

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Job Description

Hello, Please find the below requirement and let me know your thoughts
Position:
Sr.
SAP FS-RI
(Reinsurance Management)
Consultant Location:
Jersey City, NJ Duration:
6 Months 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 Submission details Full Legal Name as per
SSN:
Email ID:
Contact Number:
Current location (City name, State, ZIP code) :
DOB:
(dd/mm) Are you willing to relocate? (Yes/NO) Best time to reach (Mon-Fri): LinkedIn ID(Must) : Initial entry of US (Visa status) and the current status Approval (year): Are you done with your current project? (Yes/No): (If YES please mention Last date of the Project): Last 4 digits of
SSN :
Highest Degree:
Name of the University, specialization, Location (Start Date (MM/ YYYY)- Ending Date(MM/YYYY)): Professional references in below format is mandatory for client submission:
Note:
GMAIL, YAHOO, OUTLOOK
mails are not Considered Reference 1 :
Client Name:
Reference Name:
Reference Job Title:
Reference Professional/ Official E-mail Address:
Reference Phone Number:
Reference 2 :
Client Name:
Reference Name:
Reference Job Title:
Reference Professional/ Official E-mail Address :
Reference Phone Number:
Thanks & Regards, Vasu Intellisoft Technologies Inc., 11494 Luna Road, Ste 280 Farmers Branch, TX -75234 (O) ext 131