Manager, Corporate Development

Position Summary

CVS Health is seeking a high‑impact Manager, Corporate Development, to help drive the company’s inorganic growth strategy. The Corporate Development team serves as a key driver of CVS Health’s strategic growth, primarily responsible for acquisitions, divestitures, joint ventures, and recapitalizations across the enterprise. Working closely with business segment leaders and cross‑functional partners, the team maintains an inorganic strategy and list of opportunities, facilitates the process to buy, sell and recapitalize strategically important inorganic opportunities, and measures and reports on the performance of previous transactions to various internal stakeholders.

• Analyze target companies to assess their strategic and financial fit within the CVS Health portfolio.
• Lead due diligence and support transaction negotiations, including dialogue with internal (Finance, Legal, Human Resources, etc.) and external (investment bank(s), financial due diligence provider, etc.) teams.
• Construct materials vital for evaluation by senior executives, communicating with internal and external stakeholders.
• Build and maintain financial models to evaluate M&A opportunities, including valuation analysis (DCF, comparable companies, and precedent transactions), scenario modeling, and sensitivity analysis to support investment recommendations and strategic decision‑making.
• Support ad‑hoc projects in support of executive leadership’s goals.
• Lead and mentor high‑performing junior team members, fostering a culture of continuous improvement and professional growth.
• Hybrid role requiring on‑site presence in Hartford, CT two days a week.

• 5+ years of related experience, preferably in healthcare services in the U.S. (with a focus on payer and provider end‑markets).
• Understanding of accounting, tax, and cross‑functional project management.
• Strong presentation skills, including familiarity with Microsoft PowerPoint.
• Proven financial modeling and valuation skills.
• Ability to travel up to 10%.

• Experience in investment banking, private equity, and/or corporate development at a large enterprise.
• Strong communicator, both verbal and written, with executive presence and the ability to influence across functions at all levels of an organization.
• Highly organized and able to provide positive leadership across multiple work streams in a fast‑paced, complex working environment.
• Validated project management skills with an emphasis on integrating multiple work outputs into a unified deliverable and executive narrative.
• Organized, detail‑oriented, and structured thinking and execution, with the ability to lead multiple tasks at a time; adjusts priorities as needed to meet deadlines.
• Demonstrates high level of independent judgment and proactivity.

Bachelor’s Degree required; equivalent years of related professional work experience may substitute.

The typical pay range for this role is: $ - $. 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.

Full‑time position eligible for a comprehensive benefits package that includes medical, dental, vision coverage, paid time off, retirement savings options, wellness programs, and other resources.

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