Principal, The Cigna Group Ventures

The Cigna Group Ventures is seeking to hire a Principal to join our strategic investment team.

This person will support the team in a variety of capacities, including; deal sourcing, evaluating and executing investment opportunities, engaging portfolio companies, and fund administration.

Additionally, the Principal will interact extensively with internal business leaders and subject matter experts across Cigna and Evernorth in order to validate strategic alignment and facilitate post-investment execution.

Key Responsibilities:


* Maintain and improve data-driven processes for managing our deal pipeline


* Initial outreach, data gathering/assessment, and establishing relationships with founders


* Develop investment insights and hypotheses by conducting market, product, customer, and financial research and analysis


* Lead and support all aspects of the deal process from sourcing opportunities, completing rigorous due diligence, building financial models, negotiating deal terms, to engaging portfolio companies post-close


* Organize information from target companies and internal/external experts


* Conduct primary and secondary market research


* Perform rigorous financial and valuation analysis


* Develop strong relationships across Cigna and Evernorth to understand strategic priorities and initiatives


* Conduct primary and secondary research, develop investment themes and market maps, prepare investment memorandums


* Collaborate with portfolio company management and participate on boards

Qualifications:


* Bachelor's degree preferred; Master's level degree or similar experience highly preferred


* 7+ years professional experience, Venture capital, private equity investment or investment banking background is a plus


* Proactive, self-directed leader with ability to successfully operate at multiple levels of management


* Strong verbal and written communication skills with ability to quickly gather and synthesize information, draw appropriate conclusions, and make value-added recommendations


* Understanding of clinical, operational, and financial drivers of healthcare industry and organizations


* Demonstrated problem-solving, quantitative, and qualitative analysis skills, including financial modeling and valuation techniques

About The Cigna Group Ventures:

Cigna Ventures is the strategic venture fund of The Cigna Group Corporation, a leading global health service company with more than 190 million customer relationships in more than 30 countries.

We partner closely with entrepreneurs who share our tenacity to unlock bold new opportunities to improve people's health and make health care more affordable, predictable and simple.

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we antic...