We’re hiring a Senior Manager of Capital Markets in Columbus, OH

The Role. 
It’s an incredibly exciting time to be a part of Root. We’ve scaled the company and continue to do so while expanding our lines of business and establishing the company as a force to be reckoned with in the InsurTech space. We are poised to enter the next phase of our journey and are seeking a Senior Manager of Capital Markets to help us get there. The right person will have deep expertise in structured finance and will be tasked with developing a short and long-term debt capital strategy that will support our dynamic, rapidly growing organization. We’re looking for someone with a bias toward action who enjoys forging a new path rather than replicating the status quo.

What you'll do.

  • Develop a debt strategy for Root to support the funding needs of a rapid growth organization. Develop an in-depth understanding of all types of debt capital (and the cost of each) and how these structures balance and interplay with other capital sources (equity, reinsurance). 
  • Outline long-term debt capacity and strategy for the organization aligned to the strategic plan. 
  • Manage and cultivate bank relationships and partners, as well as other debt investors, while fostering new relationships. 
  • Lead execution of capital transactions: identify underwriting/agent partners, manage the development of critical economics and terms, identify key lending partners, and execute funding. 
  • Work closely with the Finance Team to match capital needs to operational forecast and report on covenant obligations of capital structure. 
  • Work closely with internal and external legal counsel to develop legal documents mirroring developed terms. 
  • Work across company leadership to establish management presentations and diligence materials as needed. 

What we're looking for.

  • Experience in capital markets either at an investment bank or finance lead on capital raise in a corporate environment. 
  • Experience negotiating terms on large transactions with top tier lending partners. 
  • Project management experience including internal and external stakeholders/advisors and cross-functional teams often with little finance/capital markets understanding. 
  • Experience with and fluency in debt documentation and the ability to manage outside counsel and work closely with internal counsel. 
  • Experience developing corporate management presentations, excellent communication and power-point skills. 
  • Experience working in high growth Venture Capital or Private Equity-backed environment a plus. 
  • Comfort with uncertainty and rapidly evolving business assumptions. 
  • Professional with experience managing high-value external relationships either in an investment banking client management capacity or investor relations environment.

Get in touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now
Who we are.
Root Insurance is the nation’s first licensed insurance carrier powered entirely by mobile. We were founded on the belief that the services you need for everyday life should serve you better. That’s why we base insurance coverages on you, not your demographic. It’s the way insurance should be. And it’s all conveniently in an app.

What draws people to Root.
We’re a venture-backed technology company. Our early success is in large part due to our unwavering standards in hiring. We recognize that our product is only as good as the people building and promoting it. We look for individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and a highly analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy. For assertive self-starters, the opportunities to contribute are limitless.

Impact. By challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration. We encourage rich discussion and civil debate at every turn.

People. We are inspired by the collection of crazy-smart people around us.

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If you’d like to be a part of what we are building but don’t see an opening that suits you, email us at jobs@joinroot.com.