Corporate Development, Senior Manager
At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care.As the nation's leading health solutions company, we reach millions of Americans through our local presence, digital channels and more than 300,000 purpose-driven colleagues - caring for people where, when and how they choose in a way that is uniquely more connected, more convenient and more compassionate. And we do it all with heart, each and every day.Position Summary:
As a Senior Manager, Corporate Development, you will drive forward established inorganic opportunities and ensure successful execution. This role plays a critical part in executing inorganic transactions at CVS Health. As a member of the Corporate Development team, you'll help shape the company's growth strategy through acquisitions, divestitures, joint ventures, and recapitalizations.In this role, you will be working closely with business segment leaders, business CFOs and enablement functions, Corporate Development being responsible for:
- Maintaining an inorganic strategy and pipeline of opportunities
- Facilitating the process to buy, sell, and recapitalize strategically important assets
- Reporting on the performance of previous transactions to internal stakeholders
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- Analyze financial and business information of target companies to assess strategic fit.
- Build financial models, valuation, accretion/dilution analysis and leverage impacts.
- Lead due diligence and support transaction negotiations, collaborating with internal teams (Business, finance, Legal, HR) and external partners (investment banks, diligence providers).
- Develop executive-ready materials for senior leadership and communicate effectively with stakeholders
- Support ad-hoc projects aligned with executive leadership's goals
- 7 years of overall relevant work experience
- 5+ years of related experience in banking, private equity, strategy, finance, accounting or related field
- 2+ years of of management experience
- Willingness to travel up to 10% (including plane)
- Strong verbal and written communication skills with executive presence
- Ability to lead multiple work streams in a fast-paced, complex environment
- Proven project management skills with emphasis on integrating outputs into unified deliverables
- Highly organized, detail-oriented, and proactive with strong judgment
- Advanced financial modeling skills and proficiency in Microsoft PowerPoint and Excel
Bachelor's degree or equivalent work experience may substitute.Pay Range
The typical pay range for this role is:$130,295.00 - $260,590.00
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. This position also includes an award target in the company's equity award program.Our people fuel our future. Our teams reflect the customers, patients, members and communities we serve and we are committed to fostering a workplace where every colleague feels valued and that they belong.Great benefits for great peopleWe take pride in our comprehensive and competitive mix of pay and benefits - investing in the physical, emotional and financial wellness of our colleagues and their families to help them be the healthiest they can be. In addition to our competitive wages, our great benefits include:
- Affordable medical plan options, a 401(k) plan (including matching company contributions), and an employee stock purchase plan.
- No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching.
- Benefit solutions that address the different needs and preferences of our colleagues including paid time off, flexible work schedules, family leave, dependent care resources, colleague assistance programs, tuition assistance, retiree medical access and many other benefits depending on eligibility.
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- HSA
- HSA With Employer Contribution
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
Professional Development
- Tuition Reimbursement
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program