Senior Consultant Reinsurance Functional

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Location:

Princeton, NJ, US

Employment Type:

Full Time

Work Model:
Hybrid

msg global solutions is a systems integrator, software development partner, and managed services provider focused on SAP solutions for multiple industries. Our services include strategies for accounting, finance, regulatory reporting, performance management, sustainability, customer experience, and IoT. Operating from offices across the globe and growing, we help clients achieve operational efficiency and improve decision-making capabilities. With deep industry knowledge, technical expertise, and a diverse range of perspectives, our people spark change and create innovative solutions to complex operational issues.

Our goal is to create long-lasting client relationships built on trust and dependability.

msg global solutions is part of msg, an independent, international group of companies with more than 10,000 employees around the world.

What we do

The Reinsurance Business Unit offers implementation, advisory, and support services based on proven methodologies and best practices gained from helping organizations worldwide address challenges across ceded and assumed reinsurance operations.

As a trusted partner in reinsurance transformation initiatives, we help clients optimize business processes, modernize their technology landscape, improve data quality, streamline integrations, and increase operational efficiency through the SAP Reinsurance Management solution.

Our consultants work on complex international projects, collaborate closely with business and IT stakeholders, and help clients transform reinsurance operations covering premiums, claims, reserves, commissions, settlements, accounting, reporting and regulatory requirements.

We offer ambitious professionals a dynamic and challenging environment, clear career paths, continuous learning opportunities, and exposure to some of the world's leading insurance and reinsurance organizations. What you will do

• Analyze ceded and assumed reinsurance business processes and identify opportunities for improvement and automation
• Facilitate workshops and discussions with business, operations, finance, accounting, actuarial, and IT stakeholders
• Gather, document, and validate business requirements and translate them into functional solution designs
• Perform fit-gap assessments and recommend optimal solutions aligned with business objectives
• Support implementation and configuration activities within SAP Reinsurance Management
• Define and document functional specifications, business rules, process flows, and solution designs
• Analyze integration requirements between reinsurance platforms and upstream/downstream systems
• Support data migration activities including data analysis, mapping, cleansing, validation, reconciliation, and cutover preparation
• Develop test scenarios and support SIT, UAT, defect resolution, and deployment activities
• Investigate and resolve functional production issues and support continuous improvement initiatives
• Collaborate with technical teams to ensure successful delivery of integrations, reports, conversions, and enhancements
• Build and maintain trusted relationships with client stakeholders
• Support business development initiatives, solution demonstrations, and proposal activities
• Promote knowledge sharing and contribute to the continued growth of msg global's reinsurance practice

What we are looking for

Requirements

• Minimum 5 years of experience in reinsurance consulting, business analysis, software implementation, or operational support
• Strong understanding of ceded and/or assumed reinsurance processes
• Experience implementing, supporting, or enhancing reinsurance software platforms
• Experience with SAP Reinsurance Management, Duck Creek, Effisoft WebXL, PrimaXL, Sapiens, DXC, or other reinsurance administration platforms
• Candidates with strong reinsurance implementation or support experience gained on non-SAP reinsurance platforms are strongly encouraged to apply. Training on SAP Reinsurance Management will be provided as needed.
• Experience in requirements gathering, process analysis, and functional solution design
• Experience supporting data migration, data conversion, reconciliation, and data quality initiatives
• Experience analyzing and documenting system integrations and interface requirements
• Experience supporting SIT, UAT, cutover, deployment, and post-production support activities
• Strong analytical and…