Corporate Development Director

6 days ago

Long Beach, United States SCAN Health Plan Full time

SCAN Group is a not-for-profit organization dedicated to tackling the most pressing issues facing older adults in the United States. SCAN Group is the sole corporate member of SCAN Health Plan, one of the nation’s leading not-for-profit Medicare Advantage plans, serving more than 285,000 members in California, Arizona, Nevada, and Texas. SCAN has been a mission-driven organization dedicated to keeping seniors healthy and independent for more than 40 years and is known throughout the healthcare industry and nationally as a leading expert in senior healthcare. SCAN employees are a group of talented, passionate professionals who are committed to supporting older adults on their aging journey, while also innovating healthcare for seniors everywhere. Employees are provided in-depth training and access to state-of-the-art tools necessary to do their jobs, as well as development and growth opportunities. SCAN takes great pride in recognizing our team members as experts in their fields and rewarding them for their efforts.

The Job

Leverage critical reasoning, analytical rigor, and cross-functional stakeholder management to drive impact across SCAN’s growth & differentiation initiatives. Identify opportunities for outside investments, strategic partnerships, and mergers/acquisitions that support SCAN’s mission to keep seniors healthy and independent. Provide strategic and operational support for the executive leadership of SCAN’s portfolio companies to drive quality and performance and meet Board-approved goals.

You Will

  1. Perform financial modeling and analysis to support growth, product, and other strategic initiatives within SCAN and portfolio companies.
  2. Lead cross-functional workstreams to drive strategy projects related to SCAN and portfolio company needs.
  3. Conduct industry trend analysis that will enhance SCAN’s strategy related to partnerships, direct investments, new company creations, and other collaboration opportunities to create measurable business impact.
  4. Lead deal due diligence on new opportunities, either via sourcing by the corporate development team or inbound through partners, bankers, or other stakeholders.
  5. Source opportunities & manage relationships with potential partners, vendors, and/or investment targets aligned with strategic priorities.
  6. Support and, where appropriate, lead negotiations and necessary SCAN Board / management team approval processes.
  7. Work with other SCAN departments to ensure corporate development activities are aligned to company goals.
  8. Ensure timely and thorough reporting to the respective Boards of the portfolio companies and to SCAN Board on portfolio performance and corporate development activities.
  9. Provide interim leadership to companies in SCAN’s actively managed portfolio as needed.
  10. Serve as the principal manager of select companies in SCAN’s venture portfolio.
  11. Support M&A integration processes as needed.
  12. Develop and maintain key industry relationships.
  13. Actively support the achievement of SCAN’s Vision and Goals.
  14. Other duties as assigned.

Your Qualifications

  • Preferred but not required: Bachelor’s Degree, Master of Business Administration or Master of Health Administration
  • 5 – 7 years of experience in investment banking, strategy/financial consulting, and/or corporate development.
  • Experience navigating complex organizations and effectively communicating with a wide range of internal & external stakeholders.
  • Experience succeeding in ambiguous & entrepreneurial environments.
  • Strong communication (oral and written) and presentation skills.
  • Ability to prioritize and manage several initiatives at one time.
  • Self-improvement / growth mindset.
  • Good relationship building skills.
  • Team orientation and ownership mindset.
  • Ability to work in fast-paced, entrepreneurial environment.

What's in it for you?

  • Base Pay Range: $147,900.00 to $236,600.00 annually
  • Work Mode: Mostly Onsite (In the Long Beach, CA office 2 times a week on Tuesday and Wednesday)
  • An annual employee bonus program
  • Robust Wellness Program
  • Generous paid-time-off (PTO)
  • 11 paid holidays per year, 1 floating holiday, birthday off, and 2 volunteer days
  • Excellent 401(k) Retirement Saving Plan with employer match
  • Robust employee recognition program
  • An opportunity to become part of a team that makes a difference to our members and our community every day

We're always looking for talented people to join our team Qualified applicants are encouraged to apply now

At SCAN we believe that it is our business to improve the state of our world. Each of us has a responsibility to drive Equality in our communities and workplaces. We are committed to creating a workforce that reflects our community through inclusive programs and initiatives such as equal pay, employee resource groups, inclusive benefits, and more.

SCAN is proud to be an Equal Employment Opportunity and Affirmative Action workplace. Individuals seeking employment will receive consideration for employment without regard to race, color, national origin, religion, age, sex (including pregnancy, childbirth or related medical conditions), sexual orientation, gender perception or identity, age, marital status, disability, protected veteran status or any other status protected by law. A background check is required.

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