Augment Risk

Associate Partner – Wordings Specialist

Augment Risk

full-time

Posted on:

Location Type: Remote

Location: United Kingdom

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About the role

  • 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).
  • 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.

Requirements

  • 7+ years’ experience in reinsurance contract drafting.
  • Experience in handling complex (re)insurance claims.
  • Experience in a broker, MGA, carrier, or reinsurer environment.
  • 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.
Benefits
  • We adopt a work from anywhere approach.
  • Our employee benefits are designed with that in mind.
  • Our colleagues and clients are globally distributed which means flexibility is key to delivering great client outcomes, and that’s what matters to us.
  • We believe in rewarding success, and we want everyone to share in the value we create – therefore, all our employees are offered equity.
  • We look after our people and their loved ones.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
reinsurance contract draftingclaims handlingcontract interpretationclause mechanicsanalytical rigordocumentation practicesP&C insurance knowledgenegotiationcontract reviewcontract finalization
Soft Skills
written communicationcollaborationattention to detailindependent managementlearning mindset