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
iTech has been providing IT staffing, custom software services, and data solutions for over 18 years to some of the largest and most well-known corporations in North America. It was founded in 2001, and is headquartered in South Burlington, Vermont, USA, with a workforce of 501-1000 employees. Its website is https://www.itechus.com/.Company H1B Sponsorship
iTech US Inc has a track record of offering H1B sponsorships, with 12 in 2026, 71 in 2025, 68 in 2024, 85 in 2023, 75 in 2022, 111 in 2021, 179 in 2020. Please note that this does not guarantee sponsorship for this specific role.