Venture Capital Associate (Hybrid)

PURPOSE:
The Venture Capital Associate sources and evaluates new investment opportunities, supports the execution of investment theses, and lends assistance to our portfolio companies.

ESSENTIAL FUNCTIONS:

• Pipeline Management and Opportunity Evaluation. Builds long-term relationships with entrepreneurs that ensure that Healthworx is top of mind through the company’s growth. Engages with potential fund investments. Maintains a network of service providers, investors, and other ecosystem players that support deal sourcing and execution. Promotes the Healthworx brand through publications and thought-leadership.
• Deal Execution. Seamlessly maps opportunities to Healthworx strategy and runs investment return models. Owns diligence workstreams and sections of the deal memos.
• Portfolio Company Support: Supports portfolio companies on specific full-scale projects (commercial product development, exit management, etc). Supports collaborative work between Healthworx and CareFirst and serves as an ambassador across the organization.

QUALIFICATIONS:

Education Level: Bachelor’s Degree.

Experience: 4 years venture capital, management consulting, investment banking, product management, business development with a technology company, or equivalent experience. Experience in the Healthcare/Healthtech industry and a strong network within the entrepreneurial ecosystem are preferred.

Salary Range: $80,280 – $159,445

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate’s work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case’s facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Department

Corp Venture

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS:

The associate is primarily seated while performing the duties of the position.  Occasional walking or standing is required.  The hands are regularly used to write, type, key and handle or feel small controls and objects.  The associate must frequently talk and hear.  Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship.