Senior SAP FS-RI Consultant (Reinsurance Management)

Job description

Must Have Technical/Functional Skills

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

Roles & 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
• 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 period-end reinsurance activities
• Support month-end, quarter-end, and year-end close processes related to reinsurance
• Work closely with Finance, Actuarial, and Business stakeholders to resolve functional issues
• Support and coordinate system integration with SAP FS-CD, 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 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.

TCS Employee Benefits Summary

Discretionary Annual Incentive.

Comprehensive Medical Coverage

Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.

Family Support

Maternal & Parental Leaves.

Insurance Options

Auto & Home Insurance, Identity Theft Protection.

Convenience & Professional Growth

Commuter Benefits & Certification & Training Reimbursement.

Time Off

Vacation, Time Off, Sick Leave & Holidays.

Legal & Financial Assistance

Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Salary Range

$130,000- 150,000 a year </div

Qualifications

BACHELOR OF COMPUTER SCIENCE