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CVS Health Manager, Corporate Development in Hartford, Connecticut

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.

This role will play a key role in executing inorganic transactions at CVS Health.

The Corporate Development team has primary responsibility for acquisitions, divestitures, joint ventures, and recapitalizations at CVS Health. In 2023, Corporate Development helped CVS deploy over $18B to inorganic opportunities, most notably the acquisitions of Oak Street Health and Signify Health. In concert with our business segment leaders and enablement functions, Corporate Development has responsibility to:

  • Assist business segments with maintaining an inorganic strategy and list of opportunities

  • Facilitate the process to buy, sell and recapitalize strategically important inorganic opportunities

  • Report on the performance of previous transactions to various internal stakeholders

As Manager, Corporate Development you'll be responsible for driving forward established inorganic opportunities. Key activities:

  • Analyze the financial and other available business information of target companies with a view toward their tactical and strategic fit into the company's portfolio.

  • Lead 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

  • Construct materials vital for evaluation by senior executives, communicating with internal and external stakeholders

  • Support ad-hoc projects in support of executive leadership’s goals

  • Mentor junior team members

This role will require the successful candidate to possess the following qualities:

  • 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

  • Shown presentation skills, including familiarity with Microsoft PowerPoint

Preferred Qualifications

  • 5+ years of related experience, preferably in healthcare services in the U.S. (with a focus on payer and provider end-markets)

  • Understanding of financial modeling, accounting, tax and cross-functional project management

  • Bachelor’s Degree

  • Experience in investment banking, private equity, transaction legal, and/or corporate development at a large enterprise

  • Ability to travel up to 10% of the time

The position is on-site in either Hartford, CT or Woonsocket, RI 3 days a week.

Pay Range

The typical pay range for this role is:

$63,300.00 - $139,200.00

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. In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company’s 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off (“PTO”) or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies. For more detailed information on available benefits, please visit jobs.CVSHealth.com/benefits

We anticipate the application window for this opening will close on: 04/29/2024

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

CVS Health is committed to recruiting, hiring, developing, advancing, and retaining individuals with disabilities. As such, we strive to provide equal access to the benefits and privileges of employment, including the provision of a reasonable accommodation to perform essential job functions. CVS Health can provide a request for a reasonable accommodation, including a qualified interpreter, written information in other formats, translation or other services through ColleagueRelations@CVSHealth.com If you have a speech or hearing disability, please call 7-1-1 to utilize Telecommunications Relay Services (TRS). We will make every effort to respond to your request within 48 business hours and do everything we can to work towards a solution.