Job Title: Senior SAP FS-RI Consultant (Reinsurance Management)
Location: NJ (Jersey City/Parsippany) / NY (New York) / Remote for Strong Candidates
Duration: 6 Months
Client: TCS
Experience: 10+ Years
Required Skills:
SAP FS-RI (FSRI)
Reinsurance Domain
Treaty & Facultative Reinsurance
Proportional & Non-Proportional Reinsurance
Ceded & Assumed Reinsurance
SAP S/4HANA Finance (FI-GL, FI-AP, FI-AR)
SAP FS-CD Integration
Premium Calculation, EPI, UPR
Claims & Recoveries
PL/SQL
Basic ABAP Debugging
Job Description:
We are looking for a Senior SAP FS-RI Consultant with strong expertise in Reinsurance Management and SAP FS-RI configuration/support. The ideal candidate should have hands-on experience with treaty and facultative reinsurance, premium calculations, claims processing, recoveries, settlements, reinsurance accounting, and SAP Finance integrations.
Key Responsibilities:
Analyze and translate reinsurance business requirements into SAP FS-RI solutions.
Configure and support treaty and facultative reinsurance structures.
Manage reinsurance contracts, treaties, sections, and participation structures.
Support premium calculations, estimations, claims, recoveries, commissions, and settlements.
Ensure accurate accounting integration with SAP S/4HANA Finance.
Support UPR, reinstatement premiums, and period-end activities.
Coordinate integrations with SAP FS-CD, SAP FI, and external systems.
Support SIT, UAT, production issues, and defect resolution.
Analyze reconciliation issues, posting errors, and data discrepancies.
Prepare functional specifications, test scenarios, and configuration documents.
Participate in change management and release activities.
Provide knowledge transfer and support to project teams.
Must Have:
6+ years of SAP experience.
3+ years of hands-on SAP FS-RI experience.
Strong Reinsurance industry experience (Mandatory).
Experience with Treaty & Facultative Reinsurance.
Experience with Proportional & Non-Proportional structures.
Experience with Ceded & Assumed Reinsurance.
SAP S/4HANA Finance and SAP FS-CD integration experience.
Strong communication and stakeholder management skills.
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