Augment Risk

• Support the structuring and placement of reinsurance programmes. • Analyse client portfolios to inform pricing, structuring, and strategic recommendations. • Prepare clear, concise, and high-quality analytical materials for client discussions. • Collaborate with brokers, clients, and reinsurers to execute transactions. • Provide insights on portfolio performance and support ongoing client advisory work. • Contribute to the development and enhancement of actuarial models and analytical tools. • Manage, mentor, and develop junior analysts.

Role Description We are seeking an Associate – Actuary to join Augment Risk. This role offers strong exposure to both the analytical and transactional sides of the business, with a focus on structuring and placing reinsurance programmes and delivering efficient capital outcomes for clients. You will work closely with brokers and clients, supporting deal execution while contributing to portfolio analysis, pricing, and strategic advisory. The role also provides the opportunity to support the development of internal models, tools, and the broader technology strategy, while mentoring junior team members. Key Responsibilities: - Support the structuring and placement of reinsurance programmes, focusing on optimal and efficient capital solutions for clients - Analyse client portfolios to inform pricing, structuring, and strategic recommendations - Prepare clear, concise, and high-quality analytical materials for client discussions and market engagement - Collaborate with brokers, clients, and reinsurers to execute transactions and respond to queries in a timely manner - Provide insights on portfolio performance and support ongoing client advisory work - Contribute to the development and enhancement of actuarial models and analytical tools - Support the development of the team’s technology and data strategy - Manage, mentor, and develop junior analysts, including reviewing work and supporting their technical and professional growth - Support ad hoc analytical and strategic projects as required Qualifications - Minimum 5 years’ experience in actuarial or related analytical roles within the reinsurance/insurance space - Strong analytical and problem-solving skills, with high proficiency in Excel and PowerPoint essential - Progression through actuarial exams is highly desirable - Strong programming skills (e.g., Python, SQL, or similar) desirable - Understanding of reinsurance structures, pricing, and capital management is advantageous - Excellent communication skills, with the ability to present complex information clearly and concisely - Ability to manage multiple projects simultaneously with strong attention to detail - Collaborative mindset with the ability to work effectively across internal and external stakeholders - Experience mentoring or supporting junior team members is 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 - Equity offered to all employees to share in the value created - Employee benefits designed to look after our people and their loved ones - Equal opportunity employer, celebrating diversity and committed to creating an inclusive environment

• Own and drive reinsurance contract/slip wording from submission through execution. • Draft, negotiate, and refine quota share, excess of loss, aggregate, stop loss and facultative reinsurance contracts. • 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. • Enhance Augment’s clause library and contribute to continuous improvement in contract structure and defensibility.

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.

About Augment Risk: Augment Risk is a global capital risk solutions intermediary, partnering with clients to structure and place innovative solutions. We specialize in bespoke risk transfer strategies, leveraging deep expertise across geographies and disciplines, including Structured Reinsurance, MGA, ILS, Legacy, Parametric, and Captives. Our trusted, boutique approach combines agility, transparency, and creative thinking to deliver optimal outcomes for our clients. About the Role: We’re looking for a smart, curious, and motivated Delegated Underwriting Authority (DUA) Specialist to join Augment Risk. This is a great opportunity for someone who thrives in a fast-paced environment, enjoys solving complex problems, and is keen to make a significant impact. You’ll work closely with brokers and clients across the (re)insurance space, supporting the placement and management of delegated authority business while ensuring high standards of accuracy and delivery. Responsibilities: - Partner with broking teams to prepare, market, and place (re)insurance programs for MGA and delegated authority clients - Draft contracts, binders, and supporting documentation, ensuring final terms and conditions are clearly captured - Ensure timely and accurate processing of contracts, endorsements, and related documentation - Oversee bordereaux management, including timely submission, validation, and reconciliation - Support the ongoing management of delegated authority arrangements, maintaining strong attention to detail and process consistency - Collaborate with internal and external stakeholders to ensure smooth execution and delivery across the lifecycle of each placement Requirements: - Must be able to thrive in a fast-paced, startup, non-traditional environment - Good communication skills - Attention to detail and pride in producing high-quality work - Genuine interest in reinsurance, insurance, or financial risk - Experience or exposure to delegated authority, reinsurance operations, or similar environments is beneficial - Comfortable working remotely within a global team and travelling as required to meet clients and markets Why work for us: - Shape the function: This is a chance to design and lead a critical platform for Augment’s growth. - Work differently: We reject industry silos and bureaucracy - Client Solutions is integral to our value proposition. - Be an owner: All employees have equity aligned outcomes; success is shared across the firm. - Global first: Flexibility is built into how and where we work, with colleagues and clients across the US, UK, Bermuda, and Europe. - Make a mark: You’ll be building a team and processes that directly influence Augment’s ability to scale and deliver on its client-first mission. - Augment Risk is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. As a fast-growing company, our culture is centered around innovation, collaboration, and ownership. This is an opportunity to take the initiative, bring ideas that will matter and be heard, and be involved in making impactful decisions, all while contributing meaningful work to the company’s success, which is of course highly recognized and rewarded. We ensure to build transparency into our culture to foster trust and high engagement. Open communication, shared ideas, clear decision reasoning, along with a strong and constructive feedback culture ensures our employees feel empowered and informed. Within this dynamic environment, you will be wholeheartedly supported by your skilled and talented colleagues. We are seeking like-minded individuals aligned with this culture, to not only shape and grow the role, but be a huge part of our exciting journey ahead. If you feel well aligned to all the above, making this a great match for you, go ahead and apply now! #LI-JM1

• Lead IBA responsibilities including premium allocations, brokerage handling, and initiation of settlements • Manage BDX & Data Management processes, ensuring reconciliation, validation, and integration with the Data Lake • Oversee Client Money Handling (OA) to ensure compliance with governance and regulatory standards • Deliver accurate Accounting & Post-Placement MI, including reconciliations, premium tracking, credit control, and financial reporting • Monitor reinsurer and client performance with structured data controls, enabling insights for analytics, brokers, and client success teams • Partner with Finance, Operations, and Client Solutions to drive accuracy, SLA adherence, and financial process improvement

• Own and drive reinsurance contract/slip wording from submission through execution • Draft, negotiate, and refine reinsurance contracts and related documents • Embed wordings early in the placement lifecycle to remove friction • Lead or support global claims processes including notification, investigation, negotiation, and settlement • Collaborate with brokers, legal, Technical Accounting, and analytics • Work with broker, wordings and legal colleagues to refine wordings • Enhance Augment’s clause library and contribute to continuous improvement

• Source, qualify, and convert new captive opportunities across: Single-parent captives, Cell/rent-a-captive structures. • Bespoke alternative risk solutions integrating other Augment specialties (Parametric, Structured Risk, Insurance-Linked, Legacy). • Own the front end of the sales lifecycle from initial prospecting through opportunity qualification. • Drive consistent new account production through disciplined pipeline management and execution. • Build and maintain senior-level relationships with retail and wholesale brokers, captive managers, consultants, legal, actuarial, and advisory partners, and corporate risk managers throughout the US. • Identify and pursue new captive distribution channels and referral partnerships. • Develop targeted market and industry niches to create repeatable inbound opportunity flow for Augment’s Captives specialty. • Act as a trusted front-end advisor on captive suitability and structure, informed by strong working knowledge of captive formations and feasibility.