Associate Partner - Delegated Underwriting Authority (DUA)

Reposted 8 Days Ago
Be an Early Applicant
Hiring Remotely in United Kingdom
Remote
Mid level
Insurance • Software
The Role
The role involves managing delegated authority business in reinsurance, drafting contracts, overseeing documentation, and ensuring accuracy in processing.
Summary Generated by Built In

Role: Associate Partner - Delegated Underwriting Authority (DUA) 

Location: UK 
Reports to: COO 
Role type: Full-time  


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 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 

 

Skills Required

  • Experience in delegated authority or reinsurance operations is beneficial
  • Good communication skills
  • Attention to detail
  • Interest in reinsurance or financial risk
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The Company
HQ: New York, New York
67 Employees
Year Founded: 2022

What We Do

Augment Risk launched in 2023 with over USD 100M+ in capital available from Altamont Capital Partners and a global presence in the US, UK, Bermuda, EU and Cayman. Augment Risk is a global, specialist capital solutions intermediary, designing and placing protections including prospective reinsurance and retrospective capital and legacy structures for P&C clients.

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