Assistant Director, Corporate Development

Assistant Director of Corporate DevelopmentRemote for residents of Oregon, Washington, Idaho or Utah
Primary Job Purpose

Assistant Director of Corporate Development will have responsibility to support health plan related M&A, joint ventures, divestitures, and strategic partnership opportunities. The candidate will work closely with the VP of Corporate Development to help frame and execute an actionable corporate development strategy and help manage cross-functional analysis and due diligence efforts on selected opportunities. The candidate will be involved with projects, initiatives, and opportunities that are vital to the company.
General Functions and Outcomes


Assist in all aspects of the companys evaluation, analysis, due diligence, negotiation, and other key workstreams of sign-to-close execution of strategic inorganic opportunities (including acquisitions, mergers, joint ventures, divestitures, equity investments, and other strategic partnerships & collaborations).

Identify, research, and analyze potential health plan moves through acquisitions, joint ventures, investments, and other strategic growth initiatives.

Screen potential deals by analyzing strategic fit, market strategies, deal requirements, financial implications, and internal priorities.

Employ critical thought and analytical capabilities to identify and evaluate areas of interest, M&A targets, and partnering opportunities, building out of sector landscapes to support the corporate development process.

Perform detailed analysis of potential M&A opportunities, including developing and reviewing financial models and performing valuation analyses.

Manage aspects of the due diligence process (including potentially integration and transition processes) in coordination with cross-functional teams (internal and external) to vet various diligence areas in a transaction and support preparation of final reporting required for internal approvals; tasks include, but are not limited to, organizing meetings, collecting diligence information, managing virtual data room site, team management, coordinating analysis of information.

Support execution of each opportunity through close collaboration with internal and external parties, delivering regular updates to supervisor and other key constituents.

Craft and develop professional internal presentation materials, in collaboration with various departments and other internal partners, for team discussions among senior corporate executives and internal decision making.

Stay diligent of market trends, M&A deal activity, and general deal-making developments in the healthcare services sector; prepare summary reports and analyses as requested.

Provide other departmental support, as requested by supervisor.
Minimum Requirements


Strong background in financial modeling, valuation analysis, and accounting.

Experience in managing transaction execution from point of initial discussions through diligence to closing.

Ability to manage projects, multi-task, and effectively prioritize assignments with minimal direction.

Strong verbal and written communication skills.

Ability to synthesize, package, prepare, and develop concise, logical, fact-based storylines and supporting analyses.

Demonstrated ability to work cross-functionally, mange diverse teams, and collaborate at all levels and across multiple business units.

Prior experience maintaining the strictest confidentiality while adhering to the highest levels of integrity.

Results driven, with strong attention to detail and ability to execute with high personal accountability and ownership.

Experience and presence to effectively be compatible with Cambia and Regence team members as well as with leaders of other Blues Cross Blue Shield plans and other health plans, provider systems, and integrated delivery networks.

Dedication to the highest standards of service excellence and the mission orientation.
Normally to be proficient in the competencies listed above:

The Assistant Director, Corporate Development would have a bachelors degree in business, finance, or related field and a minimum of 10 years of experience in corporate development, investment banking and/or private equity/venture capital in the healthcare industry. Preference for specific experience in health insurance/managed care. MBA preferred.


FTEs Supervised

0-1


Work Environment

Duties are performed primarily in a corporate office and home office environment.
Travel to other affiliate plans and to regional offices may be required.


We are an Equal Opportunity and Affirmative Action employer dedicated to workforce diversity and a drug and tobacco-free workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, age, sex, sexual orientation, gender identity, disability, protected veteran status or any other status protected by law. A background check is required.

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