Senior SAP FS-RI Consultant

Mandatory Skillset: SAP FS-RI (Reinsurance) – Treaty & Facultative reinsurance, Ceded and Assumed reinsurance – Min of 5+ years, SAP S/4HANA Finance and SAP FSCD including Insurance/Reinsurance industry experience is mandatory

Must Have Technical/Functional Skills:

•  Strong handson experience with SAP FSRI (Reinsurance) configuration and support
•  Proven reinsurance domain expertise, including:
•  Treaty & Facultative reinsurance
•  Proportional and NonProportional 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 monthend, quarterend, and yearend close processes

· Integration experience with:

•  SAP S/4HANA Finance (FIGL, FIAP, FIAR)
•  SAP FSCD
•  Ability to analyze posting logic, document flow, reconciliation issues, and data discrepancies
•  Ability to prepare functional specifications and support business requirement discussions
•  Exposure to SAP and nonSAP system interfaces
•  Basic ABAP debugging/log analysis skills
•  Insurance/Reinsurance industry experience is mandatory
•  6+ years of SAP experience with 3+ years of handson 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 periodend reinsurance activities
•  Support monthend, quarterend, and yearend 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
•  Experience supporting SIT, UAT, and production issues

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.

Key Words to search in Resume

•  SAP FSRI / FSRI
•  Reinsurance
•  Treaty & Facultative
•  Proportional / NonProportional
•  Ceded & Assumed Reinsurance
•  Treaty Configuration / Contract Setup
•  Premium Calculation / EPI / UPR
•  Claims & Recoveries
•  SAP S/4HANA Finance (FIGL)
•  SAP FSCD Integration