SAP FS-RI Consultant (Reinsurance)

Job Title:

SAP FS-RI

Consultant (Reinsurance)

Location:

NJ/Jersey Employment Type:

Contract Experience Required:

10+

Years Primary Skills:

SAP FS-RI, Reinsurance, SAP S/4

HANA Finance, SAP FS-CD Secondary Skills:

PL/SQL, SAP

Integration, Functional Support, Basic ABAP Debugging Domain:

Insurance / Reinsurance Job Summary We are seeking an experienced

SAP FS-RI

Consultant with strong expertise in Reinsurance business processes and

SAP FS-RI

configuration/support. The ideal candidate will have hands-on experience in treaty and facultative reinsurance, reinsurance accounting, SAP Finance integrations, and end-to-end support activities across SIT, UAT, and production environments. The candidate will work closely with Finance, Actuarial, and Business stakeholders to deliver functional solutions, resolve reconciliation issues, and support period-end close activities within a complex insurance/reinsurance ecosystem. Key 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 structures Support proportional and non-proportional reinsurance configurations Set up and maintain treaties, contracts, sections, and participation structures Support premium calculations, estimations, postings, commissions, recoveries, and settlements Manage claims processing and reinsurance accounting activities Handle UPR, reinstatement premiums, and period-end reinsurance processing Support month-end, quarter-end, and year-end close activities Coordinate integrations with

SAP S/4HANA

Finance (FI-GL, FI-AP, FI-AR) and

SAP FS-CD

Analyze posting logic, document flow, reconciliation issues, and data discrepancies Prepare functional specifications, configuration documents, and test scenarios Support SIT, UAT, defect resolution, and production support activities Participate in transport management, release cycles, and change management processes Provide knowledge transfer and mentoring support to junior/offshore team members Ensure compliance with audit, regulatory, and internal control requirements Required Skills 10+ years of SAP experience with at least 3+ years of hands-on

SAP FS-RI

experience Strong hands-on expertise in

SAP FS-RI

configuration and support Deep understanding of Reinsurance business processes including: Treaty & Facultative Reinsurance Proportional & Non-Proportional Reinsurance Ceded & Assumed Reinsurance Experience with: Treaty/Contract Setup Premium Calculation

EPI / UPR

Claims & Recoveries Commissions & Settlements Strong understanding of reinsurance accounting principles Experience integrating

SAP FS-RI

with:

SAP S/4HANA

Finance (FI-GL, FI-AP, FI-AR)

SAP FS-CD

Exposure to SAP and non-SAP interfaces Basic ABAP debugging and log analysis knowledge Strong troubleshooting and reconciliation skills Insurance/Reinsurance industry experience is mandatory Preferred Qualifications Experience working in Agile/Scrum environments Strong stakeholder communication and coordination skills Ability to manage multiple workstreams and priorities effectively Experience mentoring junior consultants and supporting knowledge transfer initiatives Keywords for Resume Search

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 Reinsurance Accounting PL/SQL