Manager, Corporate Development

CVS Health•Hartford, CT

1d•$101,970 - $203,940•Hybrid

About The Position

CVS Health is seeking a high-impact Manager, Corporate Development, to help drive the company's inorganic growth strategy. The Corporate Development team serves as a key driver of CVS Health's strategic growth, primarily responsible for acquisitions, divestitures, joint ventures, and recapitalizations across the enterprise. Working closely with business segment leaders and cross-functional partners, the team maintains an inorganic strategy and list of opportunities, facilitates the process to buy, sell and recapitalize strategically important inorganic opportunities. In addition, Corporate Development measures and reports on the performance of previous transactions to various internal stakeholders. As a Manager, Corporate Development, you'll help drive our established inorganic opportunities by: Analyzing target companies to assess their strategic and financial fit within the CVS Health portfolio. Leading due diligence and support transaction negotiations, including dialogue with internal (e.g. Finance, Legal, Human Resources, etc.) and external (e.g. investment bank(s), financial due diligence provider, etc.) teams Constructing materials vital for evaluation by senior executives, communicating with internal and external stakeholders Building and maintaining financial models to evaluate M&A opportunities, including valuation analysis (DCF, comparable companies, and precedent transactions), scenario modeling, and sensitivity analysis to support investment recommendations and strategic decision-making Supporting ad-hoc projects in support of executive leadership’s goals Leading and mentoring high performing junior team members, fostering a culture of continuous improvement and professional growth

Requirements

5+ years of related experience, preferably in healthcare services in the U.S. (with a focus on payer and provider end-markets)
Understanding of accounting, tax and cross-functional project management
Shown presentation skills, including familiarity with Microsoft PowerPoint
Proven financial modeling and valuation skills
Ability to travel up to 10%

Nice To Haves

Experience in investment banking, private equity, and/or corporate development at a large enterprise
Strong communicator, both verbal and written, with executive presence and the ability to influence across functions at all levels of an organization
Highly organized and able to provide positive leadership across multiple work streams in a fast-paced, complex working environment
Validated project management skills with an emphasis on integrating multiple work outputs into a unified deliverable and executive narrative
Organized, detail-oriented, and structured thinking and execution, with the ability to lead multiple tasks at a time; adjusts priorities as needed to meet deadlines
Demonstrates high level of independent judgment and proactivity

Responsibilities

Analyzing target companies to assess their strategic and financial fit within the CVS Health portfolio.
Leading due diligence and support transaction negotiations, including dialogue with internal (e.g. Finance, Legal, Human Resources, etc.) and external (e.g. investment bank(s), financial due diligence provider, etc.) teams
Constructing materials vital for evaluation by senior executives, communicating with internal and external stakeholders
Building and maintaining financial models to evaluate M&A opportunities, including valuation analysis (DCF, comparable companies, and precedent transactions), scenario modeling, and sensitivity analysis to support investment recommendations and strategic decision-making
Supporting ad-hoc projects in support of executive leadership’s goals
Leading and mentoring high performing junior team members, fostering a culture of continuous improvement and professional growth