Elevance Health · 2 days ago
Staff VP Corporate Development M&A
Chicago, IL
Full-time
Hybrid
Senior Level, Lead/Staff
$244K/yr - $399K/yr
10+ years expElevance Health is a health company dedicated to improving lives and communities. The Staff Vice President, Corporate Development Mergers & Acquisitions is responsible for identifying, evaluating, and executing inorganic growth opportunities to drive long-term enterprise value, while leading mergers, acquisitions, divestitures, and strategic partnerships.
Health CareHealth InsurancePersonal HealthWellness
Responsibilities
Identify, define, and advance inorganic growth opportunities aligned to enterprise strategy and long-term growth priorities
Partner with business unit leaders to shape strategic growth plans, identify white-space opportunities, and source transactions across priority verticals
Evaluate potential mergers, acquisitions, divestitures, and partnerships, including strategic rationale, financial impact, risk profile, and value creation potential
Serve as a thought partner to executive leadership on capital allocation, portfolio strategy, and growth trade-offs
Lead end-to-end M&A execution, including target identification, diligence, valuation, deal structuring, negotiation, and closing
Act as a senior contributor in negotiations, working closely with internal and external stakeholders to achieve favorable outcomes
Develop and oversee financial models, including deal models and scenario analyses, to support investment decisions
Present transaction recommendations, progress updates, and post-close performance to executive committees, including M&A and Finance Committees
Remain actively engaged post-close to support integration, value realization, and performance tracking
Partner with business leaders to build bottoms-up operating models and bridge post-close performance back to original deal assumptions
Proactively track, assess, and communicate performance of acquired businesses, highlighting risks, opportunities, and key insights
Maintain connectivity across internal stakeholders who contributed to deal diligence and assumptions, ensuring continuity from transaction to execution
Build and maintain strong, trusted relationships with business unit leaders and key enterprise partners
Expand connectivity with subject matter experts across Finance, Operations, Technology, Legal, HR, and other enabling functions
Serve as a central connector between the M&A function and the broader enterprise, fostering transparency, alignment, and shared accountability for outcomes
Continuously improve M&A processes, governance, and reporting to increase speed, rigor, and scalability
Streamline internal workflows to reduce manual effort and unnecessary complexity
Leverage data, analytics, and emerging AI tools to enhance diligence, modeling, reporting, and decision-making
Reduce or eliminate low-value internal and external meetings while improving clarity, outcomes, and executive readiness
Lead, develop, and empower a high-performing corporate development team
Set clear expectations, coach and mentor leaders, and build strong succession and bench strength
Allocate resources effectively to support both transaction execution and post-close integration needs
Foster a collaborative, inclusive, and results-oriented team culture
Shape the organization's growth trajectory through disciplined, value-driven M&A
Elevate enterprise collaboration by connecting strategy, finance, and operations through the full deal lifecycle
Strengthen post-close execution and accountability to ensure transactions deliver on their promise
Modernize the corporate development function through process optimization and intelligent use of technology
Qualification
Required
Requires an MBA and a minimum of 10 years of M&A experience, investment banking experience; or any combination of education and experience, which would provide an equivalent background
Proven track record leading complex, high-value M&A transactions from strategy through integration
Preferred
Healthcare Industry M&A experience
Experience operating in large, highly matrixed organizations; healthcare, insurance, or regulated industry experience strongly preferred
Demonstrated ability to partner with senior executives and influence across functions
Strong financial acumen, strategic judgment, and executive communication skills
Experience building and leading high-performing teams
Experience working for a investment banking and/or private equity Mergers & Acquisitions
Benefits
Comprehensive benefits package
Incentive and recognition programs
Equity stock purchase
401k contribution
Merit increases
Paid holidays
Paid Time Off
Incentive bonus programs
Medical, dental, vision, short and long term disability benefits
401(k) +match
Stock purchase plan
Life insurance
Wellness programs
Financial education resources
Company
Elevance Health
Elevance Health is an integrated whole-health approach to help people in health journey and address their full range of needs.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2001-10-30IPO
Leadership Team
Gail K. Boudreaux
President and CEO
Geeta Wilson
Chief Technology Officer (CTO): Digital Health and Service Experience Platforms
Recent News
2026-01-16
2026-01-12
2026-01-11
Company data provided by crunchbase