[Remote] SAP FS-RI Consultant(Reinsurance)

Note: The job is a remote job and is open to candidates in USA. iTech US Inc is seeking an SAP FS-RI Consultant specializing in reinsurance processes. The role involves analyzing business requirements and configuring SAP FS-RI solutions to support treaty and facultative reinsurance.

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
• 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)

Skills

• 6+ years of SAP experience with 3+ years of hands-on SAP FS-RI experience
• 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
• 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)

Company Overview

Company H1B Sponsorship