SAP FS-RI Consultant (Reinsurance Management)

We are seeking a highly experienced Senior SAP FS-RI Consultant with strong expertise in SAP Reinsurance Management (FS-RI) and deep insurance/reinsurance domain knowledge. The ideal candidate will have hands-on experience with treaty and facultative reinsurance processes, SAP configuration, accounting integrations, and production support in enterprise SAP environments.

• Strong hands-on experience with SAP FS-RI (Reinsurance)
• Deep reinsurance domain expertise including:
  • Treaty & Facultative Reinsurance
  • Proportional & Non-Proportional Reinsurance
  • Ceded & Assumed Reinsurance
• Experience with:
  • Treaty/contract setup
  • Premium calculations
  • Claims & recoveries
  • Commissions & settlements
  • UPR & reinstatement premiums
• Strong understanding of reinsurance accounting principles
• Experience supporting:
  • Month-end / Quarter-end / Year-end close
  • SIT / UAT / Production support
• Integration experience with:
  • SAP S/4HANA Finance (FI-GL, FI-AP, FI-AR)
  • SAP FS-CD
• Ability to troubleshoot posting logic, reconciliation issues, and data discrepancies
• Experience preparing functional specifications and working with business stakeholders
• Exposure to SAP and non-SAP integrations
• Basic ABAP debugging and log analysis skills
• Insurance/Reinsurance industry experience is mandatory
• 6+ years of SAP experience with 3+ years in SAP FS-RI

• Analyze business requirements and deliver SAP FS-RI functional solutions
• Configure and support treaty and facultative reinsurance processes
• Manage contracts, treaties, sections, and participation structures
• Support premium processing, postings, recoveries, commissions, and settlements
• Ensure accurate accounting integration with SAP S/4HANA Finance
• Support UPR, reinstatement premiums, and period-end activities
• Coordinate with Finance, Actuarial, and Business teams
• Support integrations with SAP FS-CD and upstream/downstream systems
• Prepare functional specs, test scenarios, and configuration documentation
• Resolve production issues, reconciliation errors, and posting discrepancies
• Participate in release management, transports, and change activities
• Provide knowledge transfer and support to global teams