Role Name - Senior SAP-RI Consultant (Reinsurance Management)
Location: NJ/Jersey City/, NJ/Parsippany/ , NY/New York / Remote ok for good profiles
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
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.