SAP-RI Consultant (Reinsurance Management) at NJ/Jersey City/ Parsippany/, NY/New York / Remote

REQUIREMENT_CITY -NJ/Jersey City/07302, NJ/Parsippany/ 07054, NY/New York / Remote ok for good profilesRole Name - Senior SAP-RI Consultant (Reinsurance Management)ROLE_DESCRIPTION -Must Have Technical/Functional SkillsStrong hands on experience with SAP FS RI (Reinsurance) configuration and support Proven reinsurance domain expertise, including:Treaty & Facultative reinsuranceProportional and Non Proportional structuresCeded and Assumed reinsuranceExperience 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 WithSAP S/4HANA Finance (FI GL, FI AP, FI AR)SAP FS CDAbility to analyze posting logic, document flow, reconciliation issues, and data discrepancies 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 mandatory6+ years of SAP experience with 3+ years of hands on SAP FS RI6+ experienceRoles & ResponsibilitiesAnalyze business requirements related to reinsurance processes and translate them into SAP FS RI functional solutionsConfigure and support SAP FS RI for treaty and facultative reinsurance, including proportional and non proportional structuresSet up and maintain reinsurance contracts, treaties, sections, and participation structuresSupport premium calculation, estimations, postings, claims, recoveries, commissions, and settlementsEnsure 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/downstream systemsPrepare 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 requiredGeneric Managerial Skills, If anyStrong 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 ResumeSAP FS RI / FSRIReinsuranceTreaty & FacultativeProportional / Non ProportionalCeded & Assumed ReinsuranceTreaty Configuration / Contract SetupPremium Calculation / EPI / UPRClaims & RecoveriesSAP S/4HANA Finance (FI GL)SAP FS CD IntegrationSkills: ReInsurance~PL/SQLExperience Required: 10 & Above