Corp Develop & Venture Invest Analyst II
Newark, NJ 
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Posted 5 days ago
Job Description

Horizon BCBSNJ employees must live in New Jersey, New York, Pennsylvania, Connecticut or Delaware

Job Summary:

Reporting to the Director of Corporate Development & Venture Investment, the Corporate Development and Venture Investment Analyst II will be a key contributor across enterprise investments and initiatives that support the Company's $100 million dollar alternative investment fund and revenue diversification opportunities. The role will work closely with deal leads, cross-functional teams, corporate strategy and the executive team to identify, support and execute priority growth opportunities. The role is responsible for supporting the development of key deliverables, consistent with investment and M&A functions, as well as, general portfolio management and administrative functions. Key responsibilities include: investment due diligence, monthly portfolio performance tracking, industry research, financial modeling, cross-functional project management, and preparation of quarterly Finance and Investment Committee Materials.
  • Assist in developing complex financial models to generate financial valuations, variance analysis, and forecasts in support of each contemplated transaction or investment.
  • Perform investment and operational due diligence on potential transactions and support leading due diligence committee meetings.
  • Develop executive-facing content (e.g., slide decks, memos) to support enterprise investments and initiatives while incorporating feedback from managers and cross-functional stakeholders. Monitor and track monthly financial reporting and pipeline for active and potential investments.
  • Lead development of quarterly Finance and Investment Committee material.
  • Track, analyze, and report M&A and investment activity and trends within healthcare industry and capital markets along.
  • Document M&A valuation transactions metrics and multiples within relevant industries.
  • Synthesize and present quantitative and qualitative analyses into clear recommendations to guide leadership decision-making. Maintain professional growth and development through seminars, trainings, workshops and professional affiliations to keep abreast of latest industry and market trends.
  • Coordinate processes and stakeholders to be a 'project manager' when needed on ongoing revenue diversification opportunities.
  • Manage successful knowledge transfer to business units to ensure proper implementation.
Education/Experience
  • Requires Bachelor's degree from an accredited college or university in Finance, Accounting, or Economics
  • Requires one to three (1-3) years of experience in management consulting, investment banking, corporate development, venture capital, or related function
  • Experience using Excel to develop complex financial models and analysis

Knowledge
  • Knowledge of analytical methodologies, Excel modeling, and financial concepts (e.g., valuation practices and healthcare financial terminology).
  • Proficient in the use of personal computers and supporting software in a Windows based environment, including MS Office products (Word, Excel, and PowerPoint); should be knowledgeable in the use of intranet and internet applications.
  • Healthcare-wide industry interest and knowledge preferred.
  • Understanding of healthcare market landscape (payor/provider relationship, major players, regulatory entities, NJ-specific healthcare landscape) recommended but not needed.

Skills and Abilities
  • Must have effective verbal and written communication skills and demonstrate the ability to work well within a team.
  • Must demonstrate strategic thinking (i.e., able to think about major industry trends including consumers, competitors, health care delivery system, impact of technology, impact of regulation, etc.).
  • Must have Excel knowledge and ability to self-structure analyses and financial models.
  • Must exhibit energetic, inquisitive, positive approach to problem solving.
  • Proven ability to ask probing questions and obtain thorough and relevant information.
  • Proven analytical, research and problem solving skills a must.

Salary Range:

$94,900 - $129,570

This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions, including but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. This range has been created in good faith based on information known to Horizon at the time of posting. Compensation decisions are dependent on the circumstances of each case. Horizon also provides a comprehensive compensation and benefits package which includes:

  • Comprehensive health benefits (Medical/Dental/Vision)

  • Retirement Plans

  • Generous PTO

  • Incentive Plans

  • Wellness Programs

  • Paid Volunteer Time Off

  • Tuition Reimbursement

Horizon Blue Cross Blue Shield of New Jersey is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, protected veteran status or status as an individual with a disability and any other protected class as required by federal, state or local law. Horizon will consider reasonable accommodation requests as part of the recruiting and hiring process.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
1 to 3 years
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