Corporate Development Manager Job

About Blue Cross



For more than 80 years, Blue Cross and Blue Shield of Minnesota has worked to improve the health of all Minnesotans. As a nonprofit organization, we have a long history of making a healthy difference in people’s lives and of giving back to the communities we serve. In particular, our industry-leading commitment to veterans, service members and their families helped us to be named the first and only Beyond the Yellow Ribbon health plan company in Minnesota.



We make it easy for you to support veterans groups and other community organizations by providing 20 hours of volunteer paid time off each year — in addition to regular paid time off. The dedication of Blue Cross volunteers has earned us recognition for running one of the most successful corporate food drives in the state; donating nearly 1,500 volunteer hours at Habitat for Humanity worksites; and growing more than 750 pounds of fresh produce at our onsite Community Giving Gardens. Find your place at a company that cares about veterans, our employees, our members and our communities.


Description Summary

This position is responsible for managing the development of broad, complex financial and strategic analyses to support M and A transactions and other initiatives of the Corporate Development department. Coordinates necessary deal and project teams and will be directly involved in the analysis, negotiation, and execution of strategic business initiatives (from identification through integration)


Accountabilities


  1. Leads the finance, legal, and research activities related to corporate development including Mergers and Acquisitions, investments, and other strategic initiatives. This broad range of activities includes assisting of origination of corporate development activities, leading key aspects of due diligence, structuring transactions, researching emerging trends in health care and financial analysis of potential investments.

  2. Assists in negotiations of transactions that support strategic goals.

  3. Works in close collaboration with the legal department on researching and analyzing key transaction issues

  4. Assists in the cultivation, development, and management of external investment banking/finance/private equity/legal relationships; maintains and utilizes internal network and resources as necessary for various projects.

  5. Creates and presents corporate development pitch materials to be used internally or externally; writes offering memorandums describing a company’s strategy and growth prospects; contributes to research memos of specific companies, industries, and topics.

  6.  Builds a high performing staff whose consultation and analysis is sought out by the organization for business research and analysis, transaction evaluation and execution, and other strategic projects.

  7.  Leverages strong business acumen, analytical capabilities, and relationship management skills for the benefit of the organization.

  8. Manages financial analyst activities related to transaction/valuation modeling, financial projections, valuation tools and databases, competitor analysis and specific company/industry research projects.

  9. Prepares development plan and mentors financial analyst to guide analyst to become a leader in the organization. This will be accomplishment via creation of robust development plans, providing exposure to other parts of the organization, finding opportunities for analyst to present, etc.


Requirements


  • Bachelor's degree and 5 years experience in an investment banking, private equity, or a corporate finance environment.


  • 3 years of staff, team lead or project lead experience.



  • Demonstrated superior analytical, decision-making and problem solving skills and advanced quantitative and qualitative analytical abilities.

  • Proven ability to lead the deal process and to manage transaction negotiations.

  • Experience in designing and operating pro forma financial models (including income statement, balance sheet, and cash flow statement projections) for valuation purposes.

  • Proven ability to enlist subject matter expertise throughout the organization to solve financial problems.

  • Proven ability to quickly assess and measure the impact on key financial metrics of rapidly evolving transactions.

  • Demonstrated ability to present and explain complex financial and legal analysis effectively to other individuals within the organization.

  • Demonstrated leadership and communication capabilities to become recognized throughout the organization as a reliable and respected resource.

  • Business expertise, financial acumen, and interpersonal leadership skills to effectively work through sensitive and/or complex situations throughout the organization to influence change.

  • Advanced knowledge of Microsoft office products.


Preferred Requirements


  • Experience working in the health care industry .


FLSA Status

Exempt

Blue Cross Blue Shield of Minnesota is an Equal Opportunity and Affirmative Action employer that values diversity. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on race, color, creed, religion, sex, national origin, genetic information, marital status, status with regard to public assistance, disability, age, veteran status, sexual orientation, gender identity, or any other legally protected characteristic.



 



Make a difference



Thank you for your interest in Blue Cross. Be part of a company that lets you be you — and make a healthy difference in people’s lives every day



Blue Cross is an Equal Opportunity and Affirmative Action employer that values diversity. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on race, color, creed, religion, sex, national origin, genetic information, marital status, status with regard to public assistance, disability, age, veteran status, sexual orientation, gender identity, or any other legally protected characteristic.



Blue Cross® and Blue Shield® of Minnesota and Blue Plus® are nonprofit independent licensees of the Blue Cross and Blue Shield Association

Company
Blue Cross Blue Shield of Minnesota
Posted
04/06/2018
Type
Full time
Location
Eagan, Minnesota 55122, US