Yes! When a user signs up on Authereum, a new contract-based account is deployed. Each account contract requires keys to manage it, so when you signed up a new key pair was also generated on your browser client-side. This key is encrypted with a password derived key (PBKDF2). Keys are stored in browser local storage and the encrypted keystore is stored on Authereum so that you can login in different devices.
You can always export the management key (also called Admin key) from the export page in settings or add additional admin keys on the admin keys page.
A more detailed explanation can be read in the Authereum Key Architecture Explained article.
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