[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