Senior SAP FS-RI Consultant (Reinsurance Management)

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

Role: Consultant

Desired skills: SAP FI CIN

Qualifications: BACHELOR OF COMPUTER SCIENCE

• Experience: 10 - 15 Years

• Job function: TECHNOLOGY

• Location: Jersey City, NJ

Salary range: $130,000–$150,000

Apply by: 2026-08-10 00:00:00