Investment Associate

Ihc Health Services • Santa Barbara, CA

239d • $110,000 - $125,000 • Onsite

About The Position

This position is part of the Mindshare Institute (“MSI”), which was created by Intermountain Health to sustainably benefit patients and society by boldly endeavoring to solve some of healthcare's biggest problems. Mindshare is comprised of a team of innovators, academics, entrepreneurs, as well as healthcare and investing professionals who leverage the principles of collaborative disruption and innovation to tackle large market failures through a Healthcare Utility model (HCU). Mindshare's investment process is anchored in our core principles: mission-driven impact, a long-term perspective, teamwork, and collaborative disruption. These principles drive how we conduct our research, convene like-minded organizations, launch and support our HCUs, and ultimately, benefit the patients whose lives we aim to improve. We are seeking a highly analytical and mission-oriented Associate to join our team. The ideal candidate will have a unique combination of financial, operating, and healthcare industry experience and skills to be leveraged across the team's various needs. This role requires the ability to develop sophisticated financial models, communicate complex investment theses, produce thoughtful and thorough investment memorandums, assist in the convening of multiple partner organizations, and produce other reports for key stakeholders throughout the entire investment lifecycle. The ideal candidate thrives in a fast-paced entrepreneurial environment and consistently produces high-quality work within tight timeframes. They possess deep intellectual curiosity, strong executive communication skills, and a commitment to achieving success through personal excellence.

Requirements

• 3+ years' experience in healthcare management consulting, investing, strategy, or similar.
• Reliability, and the ability to balance multiple projects and priorities.
• Demonstrated ability to move quickly in a fast-paced environment.
• Demonstrated decision-making ability and business judgment.
• Demonstrated technical and analytical skills.
• Demonstrated communication skills.

Nice To Haves

• Advanced proficiency in Excel for financial modeling.
• Proficiency in PowerPoint for creating high-quality investment materials.
• Familiarity with data sources and tools for market research and analysis.
• Strong analytical skills with the ability to interpret complex data and translate it into actionable insights.
• Experience in conducting valuation and sensitivity analysis, and other key investment analyses.
• Excellent written and verbal communication skills, with the ability to present complex information in a clear and compelling manner to executives both internally and externally.
• Demonstrated ability to work effectively within a team environment, with a collaborative mindset.

Responsibilities

• Efficiently analyze and underwrite a steady stream of investment opportunities.
• Build and operate detailed pro Formas in Excel, incorporating various market, company, demographic, supply and demand, risks and mitigants, and sensitivity analysis.
• Utilize both subscription and non-subscription sources to collect and analyze data relevant to HCU investments, including market trends, economic indicators, and sector-specific data.
• Develop and create comprehensive investment memos, financing memos, and external debt fundraising materials using PowerPoint and other tools, ensuring that all information is accurate and effectively communicates the investment thesis to stakeholders.
• Work with MSI's vertically integrated team to ensure HCU business plans are proceeding according to plan, and perform analysis and make recommendations when changes are required.
• Consistently demonstrate the ability to communicate succinctly and effectively with executive-level audiences.
• Prepare and present reports, memos, research findings, and analyses to senior management, stakeholders, and investors, ensuring clarity and precision in all types of communication.
• Work collaboratively within a team-oriented environment.

Benefits

• Competitive base salary determined based on relevant experience ($110,000-125,000 base salary) and annual discretionary bonus opportunity.
• Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Personal and Laundry Services