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 ~100 person team is 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.
About Honor (the premium financing division of Ascend)
Honor Capital is the premium financing division of Ascend, the only complete financial operations automation platform purpose-built for insurance - providing accounting automation, payments, and premium financing in one place. Premium finance is a short-duration, self-liquidating asset class secured by the unearned premium of the underlying policy, representing roughly $70 billion in annual originations across the U.S. property and casualty market and growing at a ~15% CAGR. Honor Capital is the fourth-largest premium finance provider in the United States and authorized in all 50 states and Washington, D.C. To learn more, visit www.honor.capital or www.useascend.com.
About the Role
We are looking for a detail-oriented, analytically driven Capital Markets Manager to manage capital markets for Honor Capital. This role will play a central part in managing the day-to-day operations of Honor Capital'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 — owning key bank and rating agency relationships, managing legal deliverables on funding transactions, and driving portfolio analytics (forecasting, utilization, performance, and reporting) alongside the design and execution of new funding facilities. You will be an employee of Honor Capital, an Ascend company.
This role has the option to be onsite in San Francisco, CA, Fort Lauderdale, Florida or remote (EST hours).
Responsibilities
Objective #1: In your first 30 days, you will:
- Dive deep into Honor Capital'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 Honor Capital's securitizations and other funding facilities
- Develop a strong understanding of the firm's funding protocols and procedures, executing them accurately and on schedule
- Begin building direct relationships with bank partners and rating agencies alongside senior team members
- 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 Honor Capital's securitizations and other funding facilities, controlling all aspects of reporting, diagnostics, and data cleansing
- Own primary relationships with bank partners and rating agencies, representing Honor Capital in ongoing dialogue on facility performance, terms, and covenant compliance
- Manage legal aspects of funding facilities, including coordinating with outside counsel on transaction documentation, amendments, and compliance requirements
- Lead portfolio analytics — forecasting, utilization, performance, and reporting — to give leadership a real-time view into portfolio health
- 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 Honor Capital to operate a best-in-class funding platform
Qualifications
- 7+ years of experience in capital markets, structured finance, or a closely related field (e.g. asset-backed securities, warehouse facilities, securitizations, or credit facility management)
- A four-year college degree, with majors in engineering, math, finance, physics, or economics preferred
Required Skills
- Experience owning or managing relationships with bank partners and/or rating agencies
- 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
- Comfort managing legal documentation and coordinating with outside counsel on funding transactions
- Strong portfolio analytics skills, including forecasting, utilization tracking, and performance reporting
- Expert proficiency with Microsoft Excel
- 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
Preferred 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: $125,000-$175,000
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.
Skills Required
- Four-year college degree
- Engineering, math, finance, physics, or economics major
- Proficiency with structured finance or credit analytics platforms
- Proficiency with programming or scripting languages such as Python and SQL
- Experience in financial cash flow modeling for securitization transactions using Excel
- Proficiency with Microsoft Office products, including Excel, Word, and Access
- Exposure to offering memorandums, offering circulars, indentures, and private placement memorandums
- Ability to work independently and multitask in a fast-paced environment to meet client deadlines
- Strong organizational, analytical, and problem-solving skills
- High attention to detail
- Strong written and oral communication skills
- Relevant experience in mortgage and asset-backed securities, accounting firms, corporate trust, mortgage banking, loan servicing, fixed income investments, or rating agencies
What We Do
Ascend is the first modern insurance payments platform that provides automated, all-in-one financing, collections, and payables. We help distributors sell more by eliminating labor intensive processes and providing customers with the great online checkout experience they expect. We’re hiring across GTM, engineering and business functions - email us at [email protected] if you're interested in learning more.
