Senior Associate, Mindshare Institute

Job Description:

This position is part of the Mindshare Institute (“MSI”), which was created by Intermountain Health to sustainably benefit patients and society by boldly endeavoring to solve some of healthcare's biggest problems - to solve market failures that are hurting people.

Mindshare is comprised of a team of innovators, academics, entrepreneurs, as well as healthcare and investing professionals who leverage the principles of collaborative disruption and innovation to tackle large market failures through the use of novel business structures.

Mindshare’s investment process is anchored in our core principles: mission-driven impact, a long-term perspective, teamwork, and collaborative disruption. These principles drive how we conduct our research, convene like-minded organizations, launch and support the development of new businesses, and ultimately, benefit the patients whose lives we aim to improve.

This role sits at the intersection of healthcare strategy, investing, and new business development—partnering with senior leaders to identify, fund, and help build new solutions that address major gaps in the healthcare system.

Preferred candidates will be located in, or willing to relocate, to Utah. May consider other locations. At minimum, this team meets in person 3-4 days per month in Salt Lake City.
 

Role Overview

We are seeking a highly analytical and mission-oriented Senior Associate to join our team. The ideal candidate will have a unique combination of financial, operating, and healthcare industry experience and skills to be leveraged across the team’s various needs.

This role requires the ability to develop sophisticated financial models, communicate complex investment theses, produce thoughtful and thorough investment memoranda, assist in the development or multi-organizational development syndicates, support the convening of multiple partner organizations, and produce other reports for key stakeholders throughout the entire opportunity development cycle.

The ideal candidate thrives in a fast-paced entrepreneurial environment and consistently produces high-quality work within tight timeframes. They possess deep intellectual curiosity, strong executive communication skills, and a commitment to achieving success through personal excellence.

Responsibilities

• Shape and lead new opportunity sourcing, funding, and development process
• Temporarily serve as business leader of early-stage businesses that are under development
• Support the development of an ecosystem of entrepreneurs, business ideas, and other relationships to support new opportunity development.

This position will report to the Managing Partner and Director of the Mindshare Institute.

Minimum Requirements:

• 5+ years of experience in investment banking, venture, healthcare management consulting, private equity, or innovation; prior healthcare; business building experience
• Reliability, and the ability to balance multiple projects and priorities
• Demonstrated ability to move quickly in a fast-paced environment
• Demonstrated decision-making ability and business judgment
• Demonstrated technical and analytical skills
• Demonstrated communication skills

Preferred Qualifications:

The Mindshare Institute aims to establish a leadership group across the entity with a diverse of expertise across its partners, including individuals with 5+ years in relevant industries, preferably in asset management, corporate/business development, financial services, mergers, acquisitions or divestitures, venture capital and/or management consulting.

• Strong understanding of research, presentation development and valuation methodologies
• Significant VC experience and network
• Significant experience working with senior healthcare leaders and other stakeholders
• Master's degree in business administration or similar (e.g., MHA)

Compensation and Additional Information

• Competitive base salary determined based on relevant experience ($135,000-150,000 base salary) and annual discretionary bonus opportunity.

• Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities.

• This position can be performed remotely with business travel as-needed.  Intermountain Health maintains employment registration in Utah, Idaho, Nevada, Colorado, Montana, and Wyoming. Candidates in other locations may be considered. Currently, we are not hiring remote workers in the following states: CA, CT, HI, IL, MA, MN, NY, PA, RI, VT, and WA.