SAP FS-RI (Reinsurance) Consultant

ROLE DESCRIPTION:

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

6+ 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

Keywords:

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