Senior SAP FS-RI Consultant (Jersey City)

Role Descriptions:· Analyze business requirements related to reinsurance processes and translate them into SAP FS-RIfunctional solutions· Configure and support SAP FS-RI for treaty and facultative reinsurance, including proportional andnon-proportional structuresSet up and maintain reinsurance contracts, treaties, sections, and participation structuresSupport premium calculation, estimations, postings, claims, recoveries, commissions, andsettlementsEnsure accurate reinsurance accounting and postings to SAP S/4HANA FinanceManage UPR, reinstatement premiums, and period-end reinsurance activitiesSupport month-end, quarter-end, and year-end close processes related to reinsuranceWork closely with Finance, Actuarial, and Business stakeholders to resolve functional issuesSupport and coordinate system integration with SAP FS-CD, SAP FI, and upstream/downstreamsystemsPrepare and maintain functional specifications, configuration documents, and test scenariosSupport SIT, UAT, defect resolution, and production issuesAnalyze and resolve posting errors, reconciliation issues, and data discrepanciesEnsure compliance with internal controls, audit, and regulatory requirementsParticipate in change management, transports, and release activitiesProvide knowledge transfer and support to onshore/offshore teams as requiredMust have experience: Strong hands-on experience with SAP FS-RI (Reinsurance) configuration and supportProven reinsurance domain expertise, including: Treaty & Facultative reinsuranceProportional and Non-Proportional structuresCeded and Assumed reinsuranceExperience with treaty/contract setup, premium calculation, postings, and estimationsFunctional knowledge of claims processing, recoveries, commissions, settlements, UPR, andreinstatement premiumsStrong understanding of reinsurance accounting principlesExperience supporting month-end, quarter-end, and year-end close processesIntegration experience with: SAP S/4HANA Finance (FI-GL, FI-AP, FI-AR)SAP FS-CDAbility to analyze posting logic, document flow, reconciliation issues, and data discrepanciesExperience 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