SAP FS-RI Consultant

Zurich Insurance • Schaumburg, IL

140d • $124,410 - $203,610 • Remote

About The Position

Zurich North America is currently hiring a SAP FSRI (Reinsurance) Functional Consultant and this person will work out of our Schaumburg IL North America HQ in a hybrid schedule. As an SAP FSRI Consultant, you play a key role in helping Zurich and our clients optimize and streamline their reinsurance processes using SAP FSRI (Financial Services Reinsurance). Your expertise ensures smooth system implementation, integration, and ongoing support—helping us manage risk efficiently and deliver value to our stakeholders.

Requirements

• Bachelors Degree in Business Administration or Information Technology or Marketing in the area AND 7 or more years of software product management or product development experience.
• 5 or more years of experience in software development defining desktop and web based applications.
• Experience with Microsoft Office, Microsoft Project and Visio.
• High School Diploma or equivalent and 9 years of experience in software product management or product development area.
• Zurich Certified Insurance Apprentice, including Associate Degree and 7 or more years' experience in the product management or product development area.

Nice To Haves

• Bachelor's degree in information technology, Finance, or a related field.
• 7 or more years of hands-on experience with SAP FSRI (implementation, configuration, and support).
• Strong understanding of reinsurance processes and financial accounting.
• Well versed with RAM process, treaty setup design, SIMA uploads.
• Have basic knowledge of AIM tool for data loads.
• Have extensive experience with SCMA job scheduling.
• Extensive experience of Risk Manager and Basic system accounting.
• Interact with business on a day-to-day basis, to gather the requirements, and convert them to Functional Specs.
• Experience with integration to other SAP modules and third-party systems is an advantage.
• Analytical mindset, problem-solving skills, and a proactive approach.
• Excellent communication skills.

Responsibilities

• Analyze business requirements and design SAP FSRI solutions that align with customer needs and industry best practices.
• Lead or support SAP FSRI implementation projects, including configuration, customization, and integration with other SAP modules (e.g., FI, CO, FS-CD).
• Identify opportunities to automate and improve reinsurance accounting, claims, and reporting processes.
• Work closely with business users, IT teams, and external partners to deliver high-quality solutions.
• Provide post-implementation support, resolve system issues, and ensure continuous process improvement.
• Create user documentation and deliver training sessions to ensure smooth adoption and knowledge transfer.

Benefits

• Comprehensive employee benefits package for employees as well as eligible dependents.
• Competitive compensation.
• Short-term incentive bonuses and merit increases.

What This Job Offers

• Job Type: Full-time
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree