Senior SAP FS RI Consultant
Tata Consultancy Services · Jersey City, NJ · 2 days ago
Information Technology$130k–$150k/yrFull-time
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
Pay
Salary Range: $130,000 - $150,000 per year