Corporate Development Associate

Highmark

$80K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting, or related field, or equivalent experience.
  • 3 years in investment banking, corporate development, mergers and acquisitions, private equity, or management consulting.
  • Experience working on M&A transactions and/or private equity investments.
  • Strong communication and relationship building skills.
  • Analytical prowess with financial modeling and valuation expertise.

Responsibilities

  • Perform financial analysis and modeling for investment opportunities.
  • Conduct thorough industry and company research.
  • Assess and evaluate potential investment prospects.
  • Assist in negotiation and due diligence processes.
  • Develop investment business cases for senior management.
  • Maintain and update group databases.
  • Create reports analyzing financing and industry trends.

Benefits

  • Exposure to various corporate functions including finance and legal.
  • Opportunity to work on high-impact strategic initiatives.
  • Supportive environment for process improvements.
  • Potential to engage in diverse projects across a large healthcare enterprise.
  • Work in a dynamic, fast-paced setting that encourages innovation.
Full Job Description
JOB SUMMARY

This job will work closely with the Corporate Development and Strategic Investments team on critical and value maximizing initiatives across the Highmark Health enterprise. Initiatives will span our entire portfolio of companies including businesses in health insurance and health care delivery. The incumbent will be responsible for evaluating, modeling and executing strategic opportunities including joint ventures, mergers, acquisitions, divestitures, and venture investments. Will have exposure to a wide variety of corporate functional areas, including finance, accounting, legal and business units throughout the Company. The incumbent requires a hardworking, organized, analytical team member who can manage multiple projects. The incumbent needs to be able to thrive in a highly iterative environment where responsibilities will change frequently based on opportunities to create value.

ESSENTIAL RESPONSIBILITIES
  • Perform financial statement analysis, valuation and financial modeling of potential investment and M&A opportunities.
  • Conduct in-depth company and industry research.
  • Identify prospects and evaluate merits of potential investment opportunities.
  • Assist in negotiating terms and conducting due diligence.
  • Develop business cases on investment and M&A opportunities for senior management .
  • Maintain group databases.
  • Create and disseminate reports on financing and industry trends.
  • Take initiative to make process improvements and standardize approaches.
  • Other duties as assigned or requested.


EDUCATION

Required
  • Bachelor's degree in Business, Finance, Accounting, a scientific/technical field, or related field, or relevant experience and/or education as determined by the company in lieu of bachelor's degree.


Preferred
  • None


EXPERIENCE

Required
  • 3 years of experience in investment banking, corporate development, mergers and acquisitions, private equity/venture capital, and/or management consulting


Preferred
  • Healthcare experience


LICENSES or CERTIFICATIONS

Required
  • None


Preferred
  • None


SKILLS
  • Strong written and oral communication skills
  • Strong relationship building skills
  • Strong analytical ability
  • Client focused with strong business acumen
  • Self-starter with the ability to work under pressure independently and as part of a team
  • Ability to think strategically and act proactively to create strong trust and confidence with business units
  • Strong innovative problem-solving capabilities
  • Experience working on M&A transactions and/or private equity investment
  • Sound technical skills with valuations, financial modeling and analyses
  • Exceptional written and oral communication skills
  • Ability to interact and communicate with senior executives in a professional and confident manner
  • Solid research, analytical, critical thinking and creative problem solving skills


Language (Other than English):

None

Travel Requirement:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Rarely

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Occasionally

Lifting: 25 to 50 pounds

Rarely

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company's Handbook of Privacy Policies and Practices and Information Security Policy.

Furthermore, it is every employee's responsibility to comply with the company's Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

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