Cigna Ventures
Cigna Ventures is seeking to hire an Associate to join our strategic investment team. This person will support the team in a variety of capacities, including; deal sourcing, evaluating and executing investment opportunities, engaging portfolio companies, and fund administration. Additionally, the Associate will interact extensively with internal business leaders and subject matter experts across Cigna and Evernorth in order to validate strategic alignment and facilitate post-investment execution.
Key Responsibilities:
Deal Sourcing and Pipeline
Maintain and improve data-driven processes for managing our deal pipeline
Initial outreach, data gathering/assessment, and establishing relationships with founders
Develop investment insights and hypotheses by conducting market, product, customer, and financial research and analysis
Due Diligence
Organize information from target companies and internal/external experts
Conduct primary and secondary market research
Perform rigorous financial and valuation analysis
Draft internal investment memos
Enterprise Strategy
Develop strong relationships across Cigna to understand strategic priorities and initiatives
Working with Cigna Ventures team and business partners, utilize enterprise and business strategies as a lens for inorganic activities, and refine business strategy and tactics as appropriate
Qualifications:
Proactive, self-directed leader with ability to successfully operate at multiple levels of management
Strong verbal and written communication skills with ability to quickly gather and synthesize information, draw appropriate conclusions, and make value-added recommendations
Understanding of clinical, operational, and financial drivers of healthcare industry and organizations
Demonstrated problem-solving, quantitative, and qualitative analysis skills, including familiarity with financial modeling and valuation techniques
4-6 years professional experience, ideally with exposure to the healthcare industry, consulting, venture capital, and/or investment banking; experience in an operating role in healthcare a plus
Bachelor’s degree preferred; Master’s level degree or similar experience highly preferred
About Cigna Ventures:
Cigna Ventures is the strategic venture fund of Cigna Corporation, a leading global health service company with more than 190 million customer relationships in more than 30 countries. We partner closely with entrepreneurs who share our tenacity to unlock bold new opportunities to improve people’s health and make health care more affordable, predictable and simple.
#LI-DNI
For this position, we anticipate offering an annual salary of $82,300 – $137,100, depending on relevant factors, including experience and geographic location.
This role is also anticipated to be eligible to participate in an annual bonus plan.
Helping our customers achieve healthier, more secure lives is at the heart of what we do. While you take care of our customers, we’ll take care of you through a comprehensive benefits program that helps you be at your best. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and best in class well-being and behavioral health programs. We also offer 401(k) with company match, company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year and dozens of corporate discounts on essentials you use every day. For more details on our employee benefits programs, please visit the “Life at Cigna” tab on our careersite: http://www.cigna.com/careers
About Cigna
Cigna Corporation exists to improve lives. We are a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Together, with colleagues around the world, we aspire to transform health services, making them more affordable and accessible to millions. Through our unmatched expertise, bold action, fresh ideas and an unwavering commitment to patient-centered care, we are a force of health services innovation. When you work with us, or one of our subsidiaries, you’ll enjoy meaningful career experiences that enrich people’s lives. What difference will you make?
Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.
If you require reasonable accommodation in completing the online application process, please email: SeeYourself@cigna.com for support. Do not email SeeYourself@cigna.com for an update on your application or to provide your resume as you will not receive a response.
Cigna has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.