Corporate Development Associate

Highmark Health; Pittsburgh (Allegheny County); On-site; USD 120,000 - 160,000; Full time

Job summary

Highmark Health is seeking a seasoned corporate development professional to collaborate with the Corporate Development and Strategic Investments team on initiatives spanning the enterprise. You will evaluate, model and execute strategic opportunities including joint ventures, mergers, acquisitions, divestitures and venture investments.

The role requires rigorous financial analysis, due diligence and strong communication with senior leadership, while navigating multiple projects in a dynamic

Qualifications

• Bachelor's degree or equivalent experience in a related field.
• 3 years of experience in investment banking, corporate development, M&A, private equity/venture capital, or management consulting.

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.

Skills

Financial analysis

Valuation

Financial modeling

Industry research

Due diligence

Communication skills

Strategic thinking

M&A experience

Executive interaction

Project management

Education

Bachelor's degree in Business/Finance/Accounting

Job description

Company : Highmark Health

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.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law. California Consumer Privacy Act Employees, Contractors, and Applicants Notice

Highmark Health is a national, blended health organization that includes one of America’s largest Blue Cross Blue Shield insurers and a growing regional hospital and physician network. Based in Pittsburgh, Pa., Highmark Health’s 35,000 employees serve millions of customers nationwide through the nonprofit organization’s affiliated businesses, which include Highmark Inc., Allegheny Health Network, HM Insurance Group, United Concordia Dental, HM Health Solutions and HM Home & Community Services. Highmark Health’s businesses proudly serve a broad spectrum of health-related needs including health insurance, health care delivery, population health management, dental solutions, reinsurance solutions, and innovative, technology solutions.