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Associate Partner - Wordings Specialist
Location
United States
Posted
51 days ago
Salary
0
Seniority
Mid Level
No structured requirement data.
Job Description
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.
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