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.
Who
You are a highly analytical investor, corporate development or investment banker professional with the demonstrable ability to lead and execute within complex organizations, and possess an understanding of the healthcare landscape, venture and/or growth-stage companies, emerging trends and capabilities, investment themes, and the venture capital community.
Details
The Associate, CVS Health Ventures, will have accountability for mid- and late-stage venture investments in CVS Health Ventures' dedicated growth equity fund. As well as working collaboratively with our early-stage venture fund, and other cross-team goals focused on broader enterprise innovation support and value-add activities.
Responsibilities will include managing the end-to-end deal process as well as continued portfolio and relationship management. Additionally, they will be responsible for ongoing support across the full Ventures team platform:
- Diligence: The Associate will manage the deal diligence process. The individual will be the primary driver of financial modelling, memo development, and will communicate and build consensus with principals and partners on the team. They will have the ability to drive the end-to-end process in preparing executive-level materials to persuade investment decisions.
- Sourcing: The Associate will be expected to identify new investment themes, manage thesis development process, and qualify specific sourcing opportunities to determine fit against CVS Health Ventures criteria and help the team "win the deal." They will be responsible for representing CVS Health Ventures in external forums.
- Execution: The Associate will be a key representative on behalf of the team to both start-up leadership and internal business units.
- Portfolio Support: The Associate will represent CVS Health Ventures in supporting team member board director and observer seats, providing "value-add" activities including evaluating debt opportunities, follow-on capital raises, and M&A.
Additionally, the Associate will partner with senior leaders (Exec. Director/VP) to identify and explore strategic investment areas that will enhance existing capabilities or enable new products/services, demonstrating strong expertise in digital health and health care innovation.
Required Qualifications
- 3+ years of experience (excluding internships) in business roles — corporate development, venture capital / private equity, or investment banking
- 2+ years of experience evaluating and supporting strategic relationships and/or investments
- Experience with financial modeling and data analysis, including proficiency with Microsoft Excel and PowerPoint
Preferred Qualifications
- Experience evaluating and executing venture capital and/or growth equity private company investments, or investment banking experience
- Strong communicator, both verbal and written, with the ability to influence across functions at all levels of an organization
- Strong executive-level presentation skills
- Demonstrates high level of independent judgment and proactivity
- Financial analysis skills in a venture capital setting
- Highly organized; ability to provide positive leadership across multiple work streams in a fast-paced, complex working environment
- Experience leading and collaborating in high-performing teams
- Project management skills with emphasis on integrating multiple work outputs into a unified deliverable
Education
Bachelor's Degree or equivalent work experience required.
Location
WFH. Preference for New York or San Francisco / Bay Area.
Compensation
Base salary range: $101,970 – $203,940. This 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.
Comprehensive benefits package including medical, dental, vision, paid time off, retirement savings, wellness programs, and other resources.
Application window closes: 06/26/2026.