Corporate Development, Senior Manager

CVS Health; Springfield (IL); On-site; USD 130,000 - 261,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

Retirement options

Wellness programs

Job summary

CVS Health is seeking a Senior Manager, Corporate Development to drive inorganic growth through acquisitions, divestitures, joint ventures and recapitalizations. You will collaborate with segment leaders and finance teams to shape deal strategy and ensure successful execution.

Responsibilities include maintaining an inorganic pipeline, leading due diligence, building financial models and valuation analyses, and delivering executive-ready materials.

Qualifications

• 7 years of overall relevant work experience.
• 5+ years of related experience in corporate development, banking, private equity, strategy, finance, accounting or related field.
• 2+ years of management experience.
• Willingness to travel up to 10% (including plane).

Responsibilities

• Analyze financial and business information of target companies to assess strategic fit.
• Lead due diligence and support transaction negotiations, collaborating with internal teams and external partners.
• Develop executive-ready materials for senior leadership and communicate effectively with stakeholders.
• Maintain an inorganic strategy and pipeline of opportunities.
• Facilitate the process to buy, sell, and recapitalize strategically important assets.

Skills

Verbal and written communication

Executive presence

Project management

Leadership

Education

Bachelor's degree

Tools

Microsoft Excel

PowerPoint

Job description

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

Position Summary

As a Senior Manager, Corporate Development, you will drive forward established inorganic opportunities and ensure successful execution. This role plays a critical part in executing inorganic transactions at CVS Health. As a member of the Corporate Development team, you’ll help shape the company’s growth strategy through acquisitions, divestitures, joint ventures, and recapitalizations.

Responsibilities

In this role, you will be working closely with business segment leaders, business CFOs and enablement functions, Corporate Development being responsible for:

• Maintaining an inorganic strategy and pipeline of opportunities
• Facilitating the process to buy, sell, and recapitalize strategically important assets
• Reporting on the performance of previous transactions to internal stakeholders

Key Responsibilities

• Analyze financial and business information of target companies to assess strategic fit.
• Build financial models, valuation, accretion/dilution analysis and leverage impacts.
• Lead due diligence and support transaction negotiations, collaborating with internal teams (Business, finance, Legal, HR) and external partners (investment banks, diligence providers).
• Develop executive-ready materials for senior leadership and communicate effectively with stakeholders
• Support ad-hoc projects aligned with executive leadership’s goals

Required Qualifications

• 7 years of overall relevant work experience
• 5+ years of related experience in corporate development, banking, private equity, strategy, finance, accounting or related field
• 2+ years of of management experience
• Willingness to travel up to 10% (including plane)

Preferred Qualifications

• Strong verbal and written communication skills with executive presence
• Ability to lead multiple work streams in a fast-paced, complex environment
• Proven project management skills with emphasis on integrating outputs into unified deliverables
• Highly organized, detail-oriented, and proactive with strong judgment
• Advanced financial modeling skills and proficiency in Microsoft PowerPoint and Excel

Education

Bachelor’s degree or equivalent work experience may substitute.

Pay Range

$130,295.00 - $260,590.00

This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program.

Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.

Great Benefits For Great People

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.

Additional details about available benefits are provided during the application process and on Benefits Moments.

We anticipate the application window for this opening will close on: 08/23/2026

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.