Venture Capital Senior Analyst (Hybrid)
Job Description
Resp & Qualifications
PURPOSE:
As the corporate venture, development, and commercialization arm of CareFirst BlueCross BlueShield, Healthworx is building a portfolio of investments and strategic partnerships with forward-thinking organizations. We are not just reimagining healthcare for the future, we are actively transforming the way it is delivered, supported, and experienced today. We are results-driven, constantly learning, unyieldingly curious, radically candid, and consistently humbled by scale of the challenge ahead.
As part of this effort, the Venture Capital Senior Analyst will play a key role with the sourcing and evaluating new investment opportunities, executing on investment theses, and supporting our portfolio companies. The ideal candidate will be eager to work at the intersection of traditional healthcare payer and the innovative health start-up space, and to bring differentiated value to both.
The Venture Capital Senior Analyst will contribute to all workflows, including sourcing and evaluating new investment opportunities, assisting portfolio companies, sharing insights across CareFirst and the start-up ecosystem, and building internal team operations.
ESSENTIAL FUNCTIONS:
While corporate innovation is inherently flexible, we expect the Senior Analyst to work on all or many of these areas:
Pipeline Management and Opportunity Evaluation
- Builds long-term relationships with entrepreneurs that ensure that Healthworx is top of mind through the companys growth. Engages with potential fund investments. Maintains a network of service providers, investors, and other ecosystem players that support deal sourcing and execution.
Deal Execution
- Seamlessly maps opportunities to Healthworx strategy and runs investment return models. Supports pieces of diligence and investment memo drafts.
Portfolio Company Support
- Supports portfolio companies through discreet projects, including areas like fundraising, advisory, pilots, etc. Supports collaborative work between Healthworx and CareFirst and serves as an ambassador for the company across the organization.
Fund Support
- Supports funds through discreet projects, event attendance, and other opportunities. Connects funds with experts at CareFirst and other Blues to maximize returns and strategic value.
Payer Networks
- Supports relationships with Blues and other payers through networks and thought leadership.
CareFirst Integration
- Develops regular integration and events with CareFirst.
QUALIFICATIONS:
Education Level: Bachelor's Degree.
Experience: 2 years venture capital, management consulting, investment banking, product management, business development with a technology company, or equivalent experience.
Preferred Qualifications:
- Experience in the Healthcare/Healthtech industry and a strong network within the entrepreneurial ecosystem.
- Strong network in the areas of healthcare innovation and venture capital.
- Understanding of startup company economics and the challenges of the startup journey.
- Working knowledge of venture capital deal structures and valuation models.
- Developed financial, quantitative, and analytical skills.
- Previous entrepreneurial and business development experience.
- Focus on developing authentic and meaningful relationships with people.
- Strategic thinking and a penchant for uncovering what is important.
Knowledge, Skills and Abilities (KSAs)
- Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.
Salary Range: $68,688 - $136,422
Salary Range Disclaimer
The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).
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.
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.
PHYSICAL DEMANDS:
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
#LI-CB1
Resp & Qualifications
PURPOSE:
As the corporate venture, development, and commercialization arm of CareFirst BlueCross BlueShield, Healthworx is building a portfolio of investments and strategic partnerships with forward-thinking organizations. We are not just reimagining healthcare for the future, we are actively transforming the way it is delivered, supported, and experienced today. We are results-driven, constantly learning, unyieldingly curious, radically candid, and consistently humbled by scale of the challenge ahead.
As part of this effort, the Venture Capital Senior Analyst will play a key role with the sourcing and evaluating new investment opportunities, executing on investment theses, and supporting our portfolio companies. The ideal candidate will be eager to work at the intersection of traditional healthcare payer and the innovative health start-up space, and to bring differentiated value to both.
The Venture Capital Senior Analyst will contribute to all workflows, including sourcing and evaluating new investment opportunities, assisting portfolio companies, sharing insights across CareFirst and the start-up ecosystem, and building internal team operations.
ESSENTIAL FUNCTIONS:
While corporate innovation is inherently flexible, we expect the Senior Analyst to work on all or many of these areas:
Pipeline Management and Opportunity Evaluation
- Builds long-term relationships with entrepreneurs that ensure that Healthworx is top of mind through the companys growth. Engages with potential fund investments. Maintains a network of service providers, investors, and other ecosystem players that support deal sourcing and execution.
Deal Execution
- Seamlessly maps opportunities to Healthworx strategy and runs investment return models. Supports pieces of diligence and investment memo drafts.
Portfolio Company Support
- Supports portfolio companies through discreet projects, including areas like fundraising, advisory, pilots, etc. Supports collaborative work between Healthworx and CareFirst and serves as an ambassador for the company across the organization.
Fund Support
- Supports funds through discreet projects, event attendance, and other opportunities. Connects funds with experts at CareFirst and other Blues to maximize returns and strategic value.
Payer Networks
- Supports relationships with Blues and other payers through networks and thought leadership.
CareFirst Integration
- Develops regular integration and events with CareFirst.
QUALIFICATIONS:
Education Level: Bachelor's Degree.
Experience: 2 years venture capital, management consulting, investment banking, product management, business development with a technology company, or equivalent experience.
Preferred Qualifications:
- Experience in the Healthcare/Healthtech industry and a strong network within the entrepreneurial ecosystem.
- Strong network in the areas of healthcare innovation and venture capital.
- Understanding of startup company economics and the challenges of the startup journey.
- Working knowledge of venture capital deal structures and valuation models.
- Developed financial, quantitative, and analytical skills.
- Previous entrepreneurial and business development experience.
- Focus on developing authentic and meaningful relationships with people.
- Strategic thinking and a penchant for uncovering what is important.
Knowledge, Skills and Abilities (KSAs)
- Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.
Salary Range: $68,688 - $136,422
Salary Range Disclaimer
The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).
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.
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.
PHYSICAL DEMANDS:
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
#LI-CB1
About CareFirst BlueCross BlueShield
Named by the Ethisphere Institute as one of the “World’s Most Ethical Companies” for 10 consecutive years.
CareFirst. It’s not just our name. It’s our promise. Over 3.5 million people trust us with their healthcare needs, and we take this responsibility seriously.
Our vision for healthcare is clear. Quality care should be easy to afford, easy to use and available to everyone. And what we’re building for you is exactly what we expect for ourselves and those we love.
Every day, we make a meaningful difference in the communities where we live and work. We solve real problems for the people we serve with equal parts empathy and urgency—simplifying the complex, delivering tailored solutions and stepping forward with new ideas.
RECRUITMENT FRAUD NOTICE: CareFirst is aware of an increase in fraudulent job offers being made on behalf of our recruitment team. Legitimate CareFirst recruiters will always contact you from an email address ending in “@carefirst.com” and will never ask for a payment in exchange for a job opportunity or ask you to submit sensitive personal information via email, phone, or text.
COVID-19 VACCINATION NOTICE: As a leading healthcare organization, it is our responsibility to do our part to help end this pandemic and protect the health and well-being of our members, workforce, communities, businesses and partners. Our recruiters continue to fill open positions. Interviews and other processes are being modified to protect the safety of our candidates and team members. Effective November 1, 2021, COVID-19 full vaccination is required for all employees, including those who work remotely today or in the future. CareFirst will comply with all state and local laws regarding vaccine mandates. Medical and religious exemptions will be made where appropriate using our standard vaccine exemption processes.
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