Associate, CVS Health Ventures, Market Development

We’re building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you’ll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.

The Associate position on the CVS Health Ventures(CVSHV)Market Development team is a highly analytical rolesitting at the intersection ofventure investing,corporate strategy,and portfolio value creation.In this role, you will help CVSHVstay closely connected to CVS Health’s evolving strategic priorities, deepenourteam’srelationships across the enterprise,support portfolio companies in navigatingandpartnering with CVS Health, and contribute to high-priority strategic projects, and investmenttheses.This individual might also support diligence for investments as need and opportunity arise, however this is not primarily a direct investment role.

The role requires someone who ishighlycurious,experienced in healthcare, thrivesin ambiguity, andexcellent at building relationships. The strongest candidatesknow how todevelop a point of view,prioritize what matters, and take ownership for driving workthrough toexecution. 

About the Team 

At CVS Health Ventures, we invest in and partner with companies with the potential for technology-enabled innovation and disruption inhealthcare. Our goal is to enable promising entrepreneurs to scale more quickly and effectively through access to our unmatched enterprise capabilities and consumer touch points, while offeringexpertise and insights from CVS Health's unique perspective. 

The Market Development team plays a critical role in achieving CVSHV’s dualobjectives ofoptimizing financial returns and advancing enterprise strategy through our investments. This team fosters growth within our existing portfolio companies byfacilitating collaboration with internal business teams and venture capital funds, while providing strategic guidance and support to help them achieve theirobjectives. Additionally, Market Development enhances enterprise value across various business lines through insight generation, strategic support, and seamless orchestration of high value connections. 

Core Responsibilities: 

Enterprise Engagement & Strategic Intelligence: 

• Drive the day-to-daydirection of CVSHV’s engagementstrategy withCVS Healthbusiness teams,guiding our team’sapproach torelationship coverage, staffing, engagement tracking, and follow-through 

• Develop a strong understanding of CVS Health’s strategic priorities, organizational dynamics, and key initiatives through ongoing engagementwith internal stakeholders, and translatethat information intorelevant insightsforbroader team 

• Support selectedspecial projects for CVSHV andexecutive leaders (e.g.,investmentcommittee and board-levelmaterials) 

Portfolio Strategy & Value Creation: 

• Evolve andoptimizeour portfoliovaluecreation modeltoidentify recurring needs across companies andformalize repeatable programs, resources, and approaches to address them 

• Build andmaintain relationships with internal stakeholders,connecting portfolio companiesandrelevant CVS Healthstakeholderswhere thereare mutual benefitsandpotential forstrategicpartnership  

• Partnering with senior leaders on the CVSH Ventures team,drivein-depthportfolio reviews, and develop insights on portfolio performance, strategic value, and opportunities to createadditional value 

• Directlysupportportfolio growth forselectcompanies, building relationships with management teams and contributing tostrategic support and financial analysis  

Strategic Projects, Theses & Investment Support: 

• Lead market and thesis development projects insupport of CVS Health strategic initiatives andCVSHVinvestment opportunity areas 

• Synthesize relevant market development insights including competitive dynamics, emerging trends, and investment landscape intohigh quality deliverables that support senior-level business strategy decisions and investment decision-making 

• Contribute tofund of fundinvestmentdiligenceand programmanagement, as needed 

Administrative Support and Travel: 

• Support administrative functions such as organizing meetings/events, coordinatinglogistics, and managing related communications 

• 10-15% travel expected 

Required Qualifications 

• 5+ years of professional experience (internships excluded) inin management consulting, corporate strategy,strategic partnerships,venture capital/corporate venture capital,or similarroles 

• Experience inhealthcare, healthcare services, or healthcare technology markets  

• Demonstrated ability todrive ambiguouswork independentlyandtransform analysisintoactionableinsights and recommendations 

• Strong independent judgement and intellectual curiosity, including the ability to build a point of view, challenge assumptions constructively, and update conclusions over time 

• Strong writtenand verbal communication skills,including experience distilling complex informationforsenior leaders 

• Strong relationship-building and collaboration skills, with the ability to work effectively across levels, functions, andworkstreams 

• High degree of ownership and follow-through 

Preferred Qualifications 

• Experience with financial modeling, market analysis, company assessment,and/or investment diligence 

• Experience supporting portfolio companies, value creation initiatives, strategicpartnerships or other platform functions in an investment organization 

Education 

• Bachelor’s degree or equivalent work experiencerequired 

Location 

• Work from home, New York Cityor Boston [expectations to come into office1-2 days a week] 

Anticipated Weekly Hours

Time Type

Pay Range

The typical pay range for this role is:

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. 
 

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 people

We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

Additional details about available benefits are provided during the application process and onBenefits Moments.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.