SAP FS-RI configurator and developer

  • Contract

Company Description

Cortex is a high end staffing & Outsourcing Company that offers an array of services to clients ranging from Start-ups to global Fortune 500 companies in US, Canada & India. We’ve connected thousands of the industry’s best and brightest talents with some of the most rewarding opportunities. Established in 2006, Cortex brings over 10 years of experience to the Information technology staffing space. We are committed to producing results for our clients, candidates and employees. We serve IT professionals with exciting and pertinent opportunities that can transform their future. We believe in providing a great environment & ecosystem to our employees, who act as pillars to our growing organization. Cortex constantly innovates to exist, emerge & excel in the fields of staffing and outsourcing.

Job Description

1)       4+ years of experience in SAP FS-RI module

2)     Proficient in ABAP programming and conversant with business processes procedures

3)       Expert in end to end FS-RI system configuration and designing

4)       Master in core FS-RI functionalities configuration and validation, such as

a)       Configure CB (Calculation Bases) and Earning Patterns

b)       Set up F&E (Forecast/Prognosis and Estimation) templates and Development Patterns

c)       Create GC (Global Condition) templates to be calculated UPR and DACC

d)       Create TCR (Treaty Calculation Rules) templates for NP treaty Assumed to Ceded transfers

e)       Set up RIC (Result Independent Conditions) for COM, BROK, FET, TAX and DACC posting and calculations

f)        Set up RDC (Result Dependent Conditions) for Profit Commission, No Claim Bonus and Sliding Scale

g)       EPI (Estimated Premium Income) and Estimations, Forecasting and Actual posting for premiums

h)       UPR (Un Earned Premium) calculation using F&E or Global Conditions

i)         Reinstatement Premium calculation, Signed line adjustments, LUD limits adjustments, NP Premium adjustments and Retro adjustments

j)         Periodic configuration changes handling for Entry Codes, LOB and COB

5)       Other FS-RI concepts such as Endorsement, Co-Cedent, Participation Treaty, Fronting, Multi line/Year, Inter locking, retro, multi treaty periods and multi treaty sections

Additional Information

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