SAP Reinsurance (SAP RI) Consultant

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

Key Responsibilities

• In partnership with the business groups and technical teams, provide knowledge and support for resolving technology issues in multiple areas of the business; acknowledged as a subject matter expert in multiple processes and applications and can represent Allstate in external discussions
• Create the functional design, leveraging moderate technical skills, to address highly complex business processes or issues or to address the requirements of a set of product features
• Configure or develop within vendor software; identify applicable new vendor release features. Leverage vendor defect resolution procedures and developer groups to validate approach and resolve issues.
• Develop overall product planning by contributing to/creating stories for highly complex features in areas of responsibility, including guiding the story development for other team members who may be learning
• Organize, lead and finalize feature review sessions for complex business issues/requirements and document resulting decisions; provide coaching to newer team members on their features and delivery
• Support the planning, conduct, and review of module and integration testing
• Manage and drive resolution of the issues and blockers for assigned features and product stories
• Provide training for other team members and users; accountable for developing team bench strength
• Use knowledge of integrated requirements to evaluate proposed software products in line with strategic corporate and vendor direction
• Lead end-to-end implementation of SAP RI module, including customizing treaty and facultative reinsurance processes.
• Configure RI-specific functionalities such as ceded and assumed reinsurance, premium calculations, claims handling, and accounting integration.
• Collaborate with cross-functional teams (finance, actuarial, underwriting) to align SAP RI solutions with business needs.
• Conduct workshops with stakeholders to validate requirements and propose best practices.
• Provide post-implementation support, troubleshoot issues, and optimize system performance.
• Stay updated on SAP enhancements and recommend upgrades or improvements.

Technical Expertise:

• Strong hands-on experience in SAP RI module configuration and customization.

• Knowledge of SAP PaPM, FS-CD, FI/CO integration, and insurance industry processes (preferred)

Education

BTech, B.E. IT Graduates

Experience

5-12Yrs

Location

Bangalore, Pune

Shift Time

1Pm to 9.30Pm

Work From Office (3Days)

Primary Skills

Shift Time

Recruiter Info

About Allstate

Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

The Allstate Corporation is one of the largest publicly held insurance providers in the United States. Ranked No. 84 in the 2023 Fortune 500 list of the largest United States corporations by total revenue, The Allstate Corporation owns and operates 18 companies in the United States, Canada, Northern Ireland, and India. Allstate India Private Limited, also known as Allstate India, is a subsidiary of The Allstate Corporation. The India talent center was set up in 2012 and operates under the corporation's Good Hands promise. As it innovates operations and technology, Allstate India has evolved beyond its technology functions to be the critical strategic business services arm of the corporation. With offices in Bengaluru and Pune, the company offers expertise to the parent organization’s business areas including technology and innovation, accounting and imaging services, policy administration, transformation solution design and support services, transformation of property liability service design, global operations and integration, and training and transition.

Learn more about Allstate India here.