CareFirst Careers

Corporate Development Manager (Healthworx)

Resp & Qualifications

Healthworx operates at the intersection of healthcare and innovation by creating, co-creating and investing in solutions that are improving healthcare quality, accessibility and affordability. As the innovation and investment arm of CareFirst, Healthworx engages the startup, early and late stage business ecosystem across the country, targeting and executing strategic opportunities that address the needs of CareFirst, its members and the national healthcare landscape.


Healthworx is seeking a Corporate Development Manager to be responsible for leading strategic partnership and inorganic growth initiatives in support of the CareFirst and Healthworx strategy and mission. Leveraging experience in financial and strategic analysis, new business model development, partnership structuring, and leading cross-functional teams, the Manager will help shape and execute on the CareFirst inorganic growth strategy.




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


  1. Lead corporate development initiatives including mergers & acquisitions, joint ventures, strategic contracting and partnerships
  2. Engage with internal and external stakeholders to support the day-to-day execution of corporate development initiatives
  3. Develop new business models and partnership structures that advance CareFirst strategic objectives and Healthworx’s diversification targets 
  4. Support the development and enhancement of the inorganic growth strategy for CareFirst
  5. Build and maintain operating and valuation models for acquisitions, partnerships and joint ventures
  6. Evaluate, model and conduct due diligence on potential corporate development and opportunities
  7. Mentor and support the development of Associates
  8. Perform ongoing research, financial modeling and analysis to inform investment decisions
  9. Create compelling, persuasive presentation materials to communicate key learnings and recommendations to senior level executives
  10. Support current and new projects and initiatives across all areas of focus within HWX with a high degree of independence, rigor, and quality


Additional core responsibilities include:


  1. Contribute to the development of a high performance, innovative, collaborative and continuous learning culture
  2. Attend internal and external meetings, including presentations to executive teams
  3. Communicate and coordinate with internal departments, executive management, and external stakeholders, providing clear and accurate data




Required Education/Experience:


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


Required Abilities/Skills


  • Independent thinker who can think strategically and creatively and also drive tactical execution
  • Exceptional communication, active listening, critical thinking, and presentation skills
  • Strong project management skills. Must be able to provide structure, be proactive, navigate ambiguity, manage stakeholders, hold others accountable without authority, and create appropriate professional collateral (e.g., decks, project plans, etc.)
  • Ability to comprehend, analyze, and interpret financial information and accurately explain/report activity in verbal and written communications
  • Strong financial, quantitative and analytical skills
  • Ability to work independently without supervision and navigate day-to-day decision making
  • Excellent organizational skills and ability to set priorities


Preferred Abilities/Skills


  • Experience with a wide breadth of strategic transactions, including partnerships and Joint Ventures
  • MBA, JD, or Master’s degree in a health-related discipline
  • Experience in an entrepreneurial setting
  • Experience reviewing and drafting legal documentation


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:

Closing Date

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 on Federal health care programs.


The associate 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 associate must frequently talk and hear.  Weights 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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