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.

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 a Healthcare Utility model (HCU).

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 our HCUs, and ultimately, benefit the patients whose lives we aim to improve.

Role Overview

We are seeking a highly analytical and mission-oriented 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 memorandums, assist in the convening of multiple partner organizations, and produce other reports for key stakeholders throughout the entire investment lifecycle.

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

Project Analysis & Underwriting: Efficiently analyze and underwrite a steady stream of investment opportunities. Build and operate detailed pro Formas in Excel, incorporating various market, company, demographic, supply and demand, risks and mitigants, and sensitivity analysis.Market Research: Utilize both subscription and non-subscription sources to collect and analyze data relevant to HCU investments, including market trends, economic indicators, and sector-specific data.Investment & Financing Memos: Develop and create comprehensive investment memos, financing memos, and external debt fundraising materials using PowerPoint and other tools, ensuring that all information is accurate and effectively communicates the investment thesis to stakeholders.Asset Management: Work with MSI’s vertically integrated team to ensure HCU business plans are proceeding according to plan, and perform analysis and make recommendations when changes are required.Executive Communication: Consistently demonstrate the ability to communicate succinctly and effectively with executive-level audiences. Prepare and present reports, memos, research findings, and analyses to senior management, stakeholders, and investors, ensuring clarity and precision in all types of communication. Team Collaboration & Mentorship: Work collaboratively within a team-oriented environment.

The Mindshare Institute Associate will contribute to Intermountain Health’s mission and vision by supporting the overall investment sourcing, incubating, and launch process of HCUs by sourcing and assessing new opportunities, conducting industry and market research, and through deep financial and operational analysis.

This position will report to the Managing Partner and Associate Director of the Mindshare Institute and have indirect reporting to the VP of Convening & Development.

Minimum Requirements:

3+ years’ experience in healthcare management consulting, investing, strategy, or similarReliability, and the ability to balance multiple projects and prioritiesDemonstrated ability to move quickly in a fast-paced environmentDemonstrated decision-making ability and business judgmentDemonstrated technical and analytical skillsDemonstrated communication skills

Preferred Qualifications:

The Mindshare Institute aims to establish a team with diverse expertise. The Associate is a crucial part of MSI and working closely with the leadership team and others across the health system ecosystem. The Associate is involved in all phases of sourcing, incubation, transaction execution, and HCU investment management.

Technical Skills:Advanced proficiency in Excel for financial modeling.Proficiency in PowerPoint for creating high-quality investment materials.Familiarity with data sources and tools for market research and analysis.Analytical Abilities: Strong analytical skills with the ability to interpret complex data and translate it into actionable insights. Experience in conducting valuation and sensitivity analysis, and other key investment analyses.Communication Skills: Excellent written and verbal communication skills, with the ability to present complex information in a clear and compelling manner to executives both internally and externally. Teamwork: Demonstrated ability to work effectively within a team environment, with a collaborative mindset.

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Compensation and Additional Information:

Competitive base salary determined based on relevant experience ($110,000-125,000 base salary) and annual discretionary bonus opportunity.Comprehensive benefits package, including health insurance, retirement plan, and professional development opportunities.

Additional Details:

This position can be performed remotely with travel, as needed, to be successful in the role. 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, NY,  RI, VT, and WA.

Physical Requirements:

Location:

Transformation Center

Work City:

Murray

Work State:

Utah

Scheduled Weekly Hours:

40

The hourly range for this position is listed below. Actual hourly rate dependent upon experience. 

$7.25 - $999.99

We care about your well-being – mind, body, and spirit – which is why we provide our caregivers a generous benefits package that covers a wide range of programs to foster a sustainable culture of wellness that encompasses living healthy, happy, secure, connected, and engaged.

Learn more about our comprehensive benefits package here.

Intermountain Health is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

At Intermountain Health, we use the artificial intelligence ("AI") platform, HiredScore to improve your job application experience. HiredScore helps match your skills and experiences to the best jobs for you. While HiredScore assists in reviewing applications, all final decisions are made by Intermountain personnel to ensure fairness. We protect your privacy and follow strict data protection rules. Your information is safe and used only for recruitment. Thank you for considering a career with us and experiencing our AI-enhanced recruitment process.

All positions subject to close without notice.