Senior SAP FS-PM Functional Design Consultant

Job Title: Senior SAP FS-PM Functional Design Consultant

Location: Stockholm / Europe

Employment Type: Contract

Experience Required: 12+ years in SAP (at least 8+ years in FS-PM)

Reports To: SAP Program Manager / Solution Architect

Role Overview:

We are seeking an experienced SAP FS-PM Functional Designer Consultant to lead the design, implementation, and optimization of SAP Policy Management (FS-PM) solutions. The ideal candidate will have deep expertise in the SAP FS-PM module, strong understanding of insurance business processes (especially in Life and P&C), and a proven track record of designing robust, scalable functional solutions aligned with business objectives.

Key Responsibilities:

1. Functional Design Leadership
2. Analyze and translate business requirements into functional specifications.
3. Create end-to-end functional designs for policy management, policy issuance, endorsements, renewals, cancellations, and reinstatements.
4. Own the FS-PM blueprint and solution architecture in alignment with SAP best practices and enterprise architecture.
5. Develop custom solution designs leveraging FS-PM framework, business rules, and policy product modeling.
6. Client Engagement & Advisory
7. Collaborate with business stakeholders, underwriting, and product teams to gather and validate requirements.
8. Advise clients on SAP FS-PM capabilities, constraints, and enhancements.
9. Conduct functional workshops, prepare design documents, and present solutions to executive stakeholders.
10. Implementation & Delivery
11. Lead FS-PM configuration activities (policy templates, product modeling, event-controlled processes, etc.).
12. Drive integration design with FS-CD, FS-CM, FS-RI, and other SAP/Non-SAP modules.
13. Perform defect triaging, root cause analysis, and functional resolution during testing phases.
14. Support go-live and post-go-live hypercare activities.
15. Documentation & Quality Assurance
16. Prepare high-quality functional design documents (FDDs), interface specs, test cases, and user guides.
17. Ensure adherence to documentation standards and SAP Activate/Agile methodologies.
18. Perform peer reviews and contribute to solution assurance and QA processes.

Required Skills and Experience:

1. Core FS-PM Expertise:
2. 8+ years of hands-on experience with SAP FS-PM.
3. Strong understanding of policy lifecycle management and FS-PM product architecture.
4. Experience in modeling insurance products, policyholder data, and rule-based processing.
5. SAP Ecosystem:
6. Good knowledge of related SAP modules such as FS-CD (Collections & Disbursements), FS-CM (Claims), FS-RI (Reinsurance), and SAP BP.
7. Integration experience with SAP S/4HANA and Web Services (SAP PI/PO, CPI).
8. Functional Design and Delivery:
9. Proven experience delivering complex functional solutions and handling multiple FS-PM projects end-to-end.
10. Ability to design solutions for new products or re-platforming/migration initiatives.
11. Business Acumen:
12. In-depth knowledge of the insurance domain (Life, Health, or P&C).
13. Ability to interact with non-technical stakeholders and align IT solutions with business goals.

Preferred Qualifications:

1. Bachelor's or Master’s degree in Computer Science, Information Systems, or related field.
2. SAP FS-PM certification (optional but preferred).
3. Experience with Agile/Scrum methodologies.
4. Knowledge of Fiori, BRF+, and SAP Business Workflow is a plus.

Soft Skills:

1. Excellent communication and interpersonal skills.
2. Strong analytical, problem-solving, and decision-making capabilities.
3. Proactive and detail-oriented with a strong sense of ownership.
4. Ability to lead cross-functional teams in a global delivery model.

What We Offer:

1. Opportunity to work with leading insurance clients.
2. Competitive compensation and flexible working arrangements.
3. Access to cutting-edge SAP technologies and learning resources.
4. Collaborative and diverse team environment.