At UnitedHealthcare, we’re simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and equitable. Ready to make a difference? Join us to start Caring. Connecting. Growing together.
The Senior Director of UnitedHealthcare (UHC) Business Development will be responsible for driving inorganic growth strategies in support of UHC’s overall strategy. This role will be accountable for developing and evaluating a range of inorganic growth opportunities such as acquisitions, divestitures, partnerships, and investments. This leader will also support special projects across the enterprise leading to growth and innovation. This leader will be expected to interface with executive leaders within the organization and across the enterprise and will report to the UnitedHealthcare VP of Business Development.
If you are located in Minnetonka, MN, you will have the flexibility to work remotely*, as well as work in the office as you take on some tough challenges. If you are located outside of Eden Prairie, MN, you will enjoy the flexibility to work remotely* from anywhere within the U.S.
Primary Responsibilities:
- Proactively identify market trends, changes in competitive landscape, and new regulatory conditions that create emerging opportunities or disrupt UnitedHealthcare’s strategic positioning.
- Oversee the development of research to inform innovative, industry-leading strategies, development and/or M&A initiatives.
- Build diversified long-term pipeline of inorganic growth opportunities that align to business objectives.
- Support execution of M&A activities and integration planning of acquired businesses.
- Engage with executive stakeholders both internally and externally to ensure that UnitedHealthcare priorities are achieved.
- Lead key projects and priorities across UnitedHealthcare, including growth efforts and strategic initiatives, managing program governance, interdependencies, estimates and resource allocation.
- Build relationships and effectively interface with UHG constituents across functions, including corporate development, marketing, sales, product, human resources, finance and operations departments.
- Contribute strategic thought leadership and analytical rigor to important business decisions.
- Support continuous improvement of UHC business development processes.
You’ll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
- BA.
- 7+ years of experience in M&A or corporate strategy.
- 3+ years of M&A and partnership deal-making background with experience in deal sourcing, cultivating relationships with target companies, due diligence, modeling, negotiating and closing transactions and post-merger integration management activities.
- Ability to develop an acquisition strategy aligned to corporate objectives.
- Excellent interpersonal and communication skills, with the ability to influence and build relationships at all levels of the organization and with external stakeholders.
- Highly organized: accurately scopes out projects, sets objectives and goals, develops schedules and resource assignments, measures performance against goals, and evaluates results.
- Ability to effectively deal with ambiguity - can effectively cope with change, can shift gears comfortably, can decide and act without having the total picture, comfortably handles risk and uncertainty in a manner consistent with UnitedHealth Group’s core values.
- High ethical standards; excellent judgment; personal/professional integrity and proven discretion in handling confidential and sensitive information.
- Self-motivated and able to manage multiple projects simultaneously.
Preferred Qualifications:
- Advanced Degree.
- 5+ years of prior experience in healthcare, managed care, and/or financial services.
- Experience influencing and collaborating across a matrixed organization.
- Consistent track record of identifying, evaluating, and executing successful M&A transactions and/or strategic partnerships.
- Highly strategic thinker with a deep understanding of market dynamics and industry trends.
California, Colorado, Connecticut, Hawaii, Nevada, New Jersey, New York, Rhode Island, Washington, Washington, D.C. Residents Only: The salary range for this role is $147,300 to $282,800 annually. Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. UnitedHealth Group complies with all minimum wage laws as applicable. In addition to your salary, UnitedHealth Group offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements).
Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.
*All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy.
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