[Hiring] Associate Partner - Wordings Specialist @Augment Risk

Role Description

Augment is seeking a Reinsurance Contracts & Wording Specialist to own and drive reinsurance contract/slip wording from submission through execution. This person will be a primary resource for drafting, reviewing, negotiating, and finalizing reinsurance wordings (treaty and/or facultative), ensuring that Augment’s innovative deal structures are translated into clear, accurate, and commercially aligned agreements. In this role, you will support the development of contract certainty, provide clarity across multi-jurisdictional wordings, and help guide clients through the claims process with confidence and care. You will blend technical drafting expertise with collaborative problem-solving to support efficient, consistent delivery across the deal lifecycle.

Key Responsibilities

• Draft, negotiate, and refine quota share, excess of loss, aggregate, stop loss and facultative (as applicable) reinsurance contracts, slips, I&L agreements, clauses, endorsements, and related documents with legal and commercial precision to ensure contract wording reflects the intent of the negotiations.
• Embed wordings early in the placement lifecycle to remove friction, reduce rework, and accelerate market closure.
• Lead or support global claims processes including notification, investigation, negotiation, and settlement.
• Collaborate with brokers, legal teams, Technical Accounting, and analytics to align contract terms with operational realities.
• Work with broker, wordings and legal colleagues to refine wordings, interpret policy language, resolve contract issues, and establish best practices.
• Enhance Augment’s clause library and contribute to continuous improvement in contract structure and defensibility.

Qualifications

• Exceptional drafting accuracy and analytical rigor.
• Demonstrated knowledge of reinsurance structures and how contract language impacts claims, accounting, and operational processes.
• Strong command of contract interpretation and clause mechanics; ability to spot inconsistencies across placement documents.
• Excellent written communication skills with high competence in technical reading, writing and communicating in the US and UK.
• Experience with common market forms and documentation practices.
• Strong legal and regulatory awareness across relevant jurisdictions.
• Ability to independently manage multiple concurrent documentation streams with precision.
• Solid understanding of P&C insurance.
• Collaborative and learning mindset.

Requirements

• 7+ years’ experience in reinsurance contract drafting.
• Experience in handling complex (re)insurance claims.
• Experience in a broker, MGA, carrier, or reinsurer environment.
• Exposure to parametric contract wordings a plus.

Benefits

• Opportunity to be inventive and innovative, challenging industry norms.
• Work in a multi-disciplinary environment, collaborating closely with talented individuals within a flat structure.
• Trusted and encouraged to take ownership and accountability.
• Work from anywhere approach, with globally distributed colleagues and clients.
• Rewarding success, with all employees offered equity.
• Employee benefits designed to look after our people and their loved ones.