GEHA Health · 1 week ago
VP - Managing Director, Ventures Investing
Lees Summit, MO
Full-time
Onsite
Lead/Staff, Director/Executive
12+ years expGEHA Health is a nonprofit member association providing health and dental benefits to federal employees and retirees. The VP - Managing Director, Ventures Investing will lead the Innovation Fund and Innovation Partnership program, driving strategic innovation investments and partnerships to enhance healthcare technology access for members.
DentalHealth CareHealth InsuranceInsuranceMedicalMilitary
Responsibilities
Define and implement program strategy to enable G.E.H.A's overarching strategic framework
Serve as the Fund’s primary interface with the G.E.H.A Fund Governance Council, presenting sector and deal analysis and offering points of view on strategic opportunities relative to venturing activities
Lead coordination of investment approvals and related documentation through both the Fund Governance and Audit Committees of the Board of Directors
Develop and maintain the Innovation Partnership 'idea to impact' framework to optimize a culture of experimentation while ensuring innovations translate into real-world impact
Routinely present Innovation Fund (Fund) performance updates to the Board of Directors, including ad hoc insights and reporting as required
Establish and maintain strong relationships with senior leadership and Audit Committee members, delivering high-quality presentations and reports that inform strategic investment decisions and ensure compliance with governance
Represent G.E.H.A externally with the startup and venture capital investment community, including in approved media interviews
Systematically engage the start-up and VC ecosystem, providing early visibility into emerging trends to enable more informed strategic decisions
Champion emerging solutions and markets within G.E.H.A, contributing perspectives and trends as part of the strategic planning process. Develop influential materials, including white papers and sector analyses
Lead internal activities in coverage areas by creating and disseminating synthesis of industry trends, organizing meetings with G.E.H.A management and startup roadshows
Drive awareness internally of early-stage and growth-stage companies that may be of strategic relevance
Identify aligned high-potential collaborators, including Entrepreneurs in Residence, for targeted engagement
Develop and maintain Innovation Fund investment themes to complement G.E.H.A’s strategic framework, long-term goals and strategic roadmaps, and business capability maturity gaps
Partner with CISO, Senior Leadership Team, Corporate Planning & Performance, and Business Architecture to understand long-term goals and strategic road maps to inform G.E.H.A investment themes and focus areas
Oversee the entire Innovation Fund (Fund) investment process from sourcing, investment structuring, due diligence, to portfolio management and exit strategies
Build a robust pipeline of leading startups that fit with strategic investment themes. Meet regularly with VCs and innovation partners and attend conferences to maintain a pulse on market developments
Administer the G.E.H.A Fund Governance Council, serving as a non-voting member and administrator of the Innovation Investment Policy
Develop and provide comprehensive investment analysis and recommendations
Perform end-to-end due diligence activities and recommendations, including market analysis, modeling, due diligence, structuring, legal documentation, negotiations, and investment committee presentations alongside partners. Prepare all necessary documents for the Fund Governance Council and the Board for investment decisions and ongoing portfolio management
Develop and present regular updates on Fund’s strategic objectives, portfolio health, operations, and financial parameters with CISO to the Fund Governance Council, Board, and key stakeholders
Grow and maintain our internal tools and knowledge database (e.g., relationship management platform) and create standardized operational processes to enable the team’s growth
Serve as a Board Director on portfolio company Board of Directors as the G.E.H.A representative as required
Serve as a Board Observer on portfolio company Board of Directors as the G.E.H.A representative as required
Serve as an active advisor to portfolio company leadership in capacities related to early-stage company operations, strategic projects and fundraising additional capital as needed
Drive value creation for G.E.H.A through both insights via investment activity as well as financial returns via portfolio value assessments
Collaborate with G.E.H.A subsidiary leaders as value-add resource to enable value creation
Measure and track cultural impact of program, optimizing engagement employee strategy to improve outcomes
Develop in conjunction with Senior Leadership corporate development initiatives as requested
Identify strategic innovation partnership opportunity areas, leveraging the investment portfolio, long-term goals and strategic roadmaps, and business capability maturity gaps
Drive related partnership opportunities as permitted and accelerate the adoption of key capabilities in collaboration with G.E.H.A business sponsor
Oversee the entire Innovation Partnership 'Idea to Impact' process from intake, diligence, pilot design, legal/VMO coordination, launch, assessment, learnings, and post-pilot decision gates
Ensure value creation for G.E.H.A through insights, member impact via partnerships, and culture change
Generate innovation champions and advocates internally, creating a flywheel effect between partnerships and internal innovation advocates
Produce in collaboration with the Innovation Investment & Partnership team key employee engagement touchpoints such as Spark Sessions, Innovation Partnership Day, and like activities to amplify the organizational reach and impact of innovation advocates and the program
Direct & mentor the Innovation Investment & Partnerships team to strengthen G.E.H.A’s market intelligence and innovation capabilities
Streamline internal operational processes to facilitate team growth and operational excellence, leveraging Agile methodology
Foster a culture of high performance, ensuring quality output across diverse workstreams
Coordinate multiple workstreams across the extended Innovation Investment & Partnerships team, ensuring the highest quality output on deliverables
Mentor G.E.H.A colleagues to build and strengthen G.E.H.A’s market intelligence and innovation capability
Uphold high ethical and professional standards in all business interactions
Ensure compliance with all regulatory requirements and company policies
Qualification
Required
Bachelor's degree in finance, business management, or a related field; MBA or other master's degree preferred
Minimum of 12 years of relevant experience, including at least 7 years in full-cycle venture investing, ideally in a corporate environment
Demonstrated success in corporate venture capital investments, partnerships, and portfolio company value addition
Strong network in the venture capital and healthcare entrepreneurship ecosystem
Exceptional skills in analysis, relationship management, and communication
Flexibility to adapt to changing priorities, business needs, and market dynamics with an initiative-taking and purposeful mindset
Proficiency in MS Office and database applications
Significant travel required, including overnight stays
Preferred
MBA or other master's degree preferred
Experience in corporate development preferred
Benefits
Competitive pay/salary ranges
Incentive plan
Health/Vision/Dental benefits effective day one
401(k) retirement plan: company match – dollar for dollar up to 4% employee contribution (pretax or Roth options) plus a 6% annual company contribution
Robust employee well-being program
Paid Time Off
Personal Community Enrichment Time
Company-provided Basic Life and AD&D
Company-provided Short-Term & Long-Term Disability
Tuition Assistance Program
Company
GEHA Health
G.E.H.A is one of the largest benefits providers offering medical and dental plans for federal employees, retirees and their dependents.
501-1000 employees
H1B Sponsorship
GEHA Health has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2023 (2)
2021 (6)
Funding
Current Stage
Late StageLeadership Team
David Hakanson
Chief Transformation Officer
Raj Vavilala
Chief Sales, Marketing, and Product Officer
Recent News
globalventuring.com
2026-01-12
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