Our Client is looking for a Senior SAP FSRI Consultant (Reinsurance Management) for a long-term contract-remote opportunity.
Job Description
Strong hands-on experience with SAP FSRI (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 (FIGL, FIAP, FIAR), Finance (FIGL, FIAP, FIAR)
* SAP FSCD
* Ability to analyze posting logic, document flow, reconciliation issues, and data discrepancies
Additional requirements:
* 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 FSRI experience
### Roles & Responsibilities
* Analyze business requirements related to reinsurance processes and translate them into SAP FSRI functional solutions.
* Configure and support SAP FSRI for treaty and facultative reinsurance, including proportional and nonproportional 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 FSCD, 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.
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.
