Insurance is a $10T industry still running on PDFs, email threads, and manual reconciliation. Ascend is changing that. We built the first and only complete financial operations platform purpose-built for insurance — combining AI-powered accounting automation, payments, and premium financing in a single vertically integrated solution. In five years, we've become the market leader: over 4,000 businesses, including more than half of the 50 largest brokers in the country, trust Ascend to bring clarity to complex accounting operations — from collection to close.
How We Do ItAscend automates the financial operations that insurers, MGAs, and agencies run every day — and embeds directly into the transactions where money actually moves.
AI is driving the cost of software toward zero. The companies that win won't just sell tools — they'll capture value at the point of the transaction itself. Ascend is built for exactly that moment. Our customers don't just adopt software; they unlock measurable efficiency with a proven 5–7x return on investment.
Our 70+ person team, based in San Francisco and Columbus, brings together deep expertise in insurance, fintech, and AI to build infrastructure the industry has never had.
Why We Do ItThe insurance industry intermediates trillions of dollars — and almost none of that infrastructure was built for the modern era. Legacy systems aren't just inefficient; they're a ceiling on what the industry can become.
Ascend's mission is to become the leading financial automation platform for insurance by 2030 — powering the financial operations of the entire industry and transforming the way trillions of dollars move. We're not building another point solution. We're building the financial backbone of insurance.
Your Role
We are looking for a detail-oriented, analytically driven Capital Markets Manager to support the execution, planning, and economics of Ascend's transactions. Ascend is also the fourth largest premium finance organization in the country, originating over $3 billion in premium finance loans annually, maintaining over $1.2 billion in committed credit facilities, and having recently completed our inaugural S&P and Moody's rated ABS transaction. This role will play a central part in managing the day-to-day operations of Ascend's securitizations and other funding facilities, combining strong modeling skills with hands-on data management to keep the portfolio running smoothly. You'll balance rigorous quantitative work with cross-functional collaboration by controlling portfolio reporting, running diagnostics, and supporting the design and execution of new funding facilities.
Responsibilities will include
Objective #1: In your first 30 days, you will:
- Dive deep into Ascend's securitizations and other funding facilities, transaction structures, and current reporting processes and tools
- Build foundational relationships with internal partners across Finance, Legal, and Capital Markets
- Begin developing fluency in our waterfall models, data sets, and funding protocols
Objective #2: In your first 60 days, you will:
- Own key aspects of portfolio management including reporting, running diagnostics, and data cleansing across Ascend's securitizations and other funding facilities
- Develop a strong understanding of the firm's funding protocols and procedures, executing them accurately and on schedule
- Support the design, development, and execution of securitization, warehouse, and corporate funding facilities alongside senior team members
Objective #3: In your first 90 days, and beyond, you will:
- Fully own day-to-day management of Ascend's securitizations and other funding facilities, controlling all aspects of reporting, diagnostics, and data cleansing
- Actively participate in special projects including interest rate risk management initiatives and portfolio analysis and forecasting
- Play a key role in driving proactive portfolio insights that leadership can act on across underwriting, operations, and collections
- Help refine scalable portfolio management practices and modeling approaches that enable Ascend to operate a best-in-class funding platform
You might be a good fit if you are / have
- A four-year college degree, with majors in engineering, math, finance, physics, or economics preferred
- Proficiency with structured finance/credit analytics platforms and programming/scripting languages (e.g. Python, SQL) preferred
- Experience in financial cash flow modeling for securitization transactions in Excel
- Proficiency with Microsoft Office products (Excel, Word, Access)
- Exposure to legal documents such as offering memorandums, offering circulars, indentures, and private placement memorandums is a plus
- Ability to work independently and multitask in a fast-paced environment to meet client deadlines
- Strong organizational, analytical, and problem-solving skills, with high attention to detail
- Strong written and oral communication skills
- Some relevant working experience in the following areas is a plus: mortgage and asset-backed securities, accounting firms, corporate trust, mortgage banking, loan servicing, fixed income investments, or rating agencies
Compensation: $100,000-$150,000
Location: This is a remote position!
We are committed to equal opportunity employment and embrace diversity within our organization. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We encourage candidates to apply even if their experience doesn't precisely match this opportunity. We value diversity and are dedicated to equal opportunity employment.
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