CareFirst Careers

Corporate Development Associate

Resp & Qualifications

CareFirst is a leader in the healthcare industry serving over 3 million Members.  It’s Healthworx organization applies an analytic approach to identify new opportunities in medicine and technology to make our Members’ health care experience more convenient and their care less expensive and more effective.  Healthworx has three main areas of activity:

1. Corporate Venture – investing in, piloting, and mentoring businesses with promising products and services in health care
2. Corporate Development – acquiring innovative companies and technologies and forming impactful partnerships and collaborations
3. Commercialization and Diversification – productizing CareFirst solutions and diversifying through new businesses

PRINCIPAL ACCOUNTABILITIES: 

Under the direction of the Corporate Development Program Director, the incumbent is responsible for, but is not limited to, the following:
 

  • Support corporate development initiatives including mergers & acquisitions, joint ventures, strategic contracting and partnerships
  • Build and maintain operating and valuation models for acquisitions, partnerships and joint ventures
  • Evaluate, model and conduct due diligence on potential corporate venture investment opportunities
  • Engage with internal and external stakeholders to support the day to day execution of corporate development initiatives
  • Perform ongoing research, financial modeling and analysis to inform investment decisions
  • Create compelling, persuasive presentation materials to communicate key learnings and recommendations to senior level executives
  • Support current and new projects and initiatives across all areas of focus within Healthworx with a high degree of independence, rigor, and quality
  • Contribute to the agile, iterative culture of the Healthworx team


QUALIFICATIONS REQUIREMENTS:

Required Education/Experience:


Bachelor’s Degree in a quantitative field (e.g., Finance, Economics, Business, or Accounting)
• 3+ years of experience in investment banking, corporate development, management consulting, or corporate finance environment, with exposure to the healthcare industry

Required Abilities/Skills: 

• Ability to comprehend, analyze, and interpret financial information and the ability to accurately explain/report activity in verbal and written communications
• Strong Excel skills with the ability to build financial models, not just populate templates
• Strong accounting skills, comfortable with the interaction of the IS, BS and CF statements
• Ability to work independently and as part of a team
• Excellent interpersonal skills and the ability to positively interface with and establish and maintain effective working relationships with internal staff and external clients
• Excellent organizational skills and ability to set priorities

Department

Healthworx Infrastructure

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Hire Range Disclaimer

Actual salary will be based on relevant job experience and work history.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Closing Date

Please apply before: 10/15/2019

Federal Disc/Physical Demand

Note:  The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly to Federal health care programs.

PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to perform the essential duties and responsibilities of the position successfully.  Requirements may be modified to accommodate individuals with disabilities.

The employee is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The employee must frequently talk and hear.  Weights of up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship

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