Senior Associate, Healthcare Services

RA Capital Management (RACM) is a multi-stage investment manager dedicated to evidence-based investing in public and private healthcare and life science companies, and private planetary health companies.

RAVentures (RAVen), the in-house incubator of RACM, is the venture- and company creation-focused division which houses a collaborative environment for exploring new opportunities. While this role is focused to healthcare services and related areas, much of the team consists of drug hunters and company builders who are focused on discoveries and advancements in chemistry, molecular and cellular biology, genome engineering, synthetic biology, and other technologies and therapeutic programs to create novel companies that may address unsolved challenges for patients. RAVen also provides expert operational support tailored to the specific needs of new and early-stage biotech and healthcare services companies.

About the role:As a Senior Associate in Healthcare Services at RAVen, you will play a vital role in identifying, evaluating, and launching new healthcare companies. Leveraging your extensive industry experience and expertise, you will collaborate with our team of experts to develop and execute innovative business models that address emerging trends in healthcare delivery, regulatory landscapes, and technology platforms.

Responsibilities:Collaborate with Venture Partners, Entrepreneurs in Residence (EIRs), and research teams to develop pro forma based on potential business models.Conduct thorough due diligence and provide strategic recommendations on healthcare services opportunities, including payer strategies and market potential.Synthesize new company concepts into compelling narratives and pitch decks for investors and strategic partners.Assess competitive landscapes and guide new company strategies for differentiation and market positioning.Develop initial business plans, operating budgets, and key value inflection points for new companies.Partner with finance teams to structure and execute financing and capitalization strategies.Assume integral roles in new company development, contributing to strategy, operations, business development, and project management.Stay informed on market trends, industry developments, and investment opportunities through research and networking.Prepare reports and presentations summarizing market insights and investment opportunities.Assist in valuation analysis and cap table development for new companies.Cultivate relationships with entrepreneurs, industry experts, and stakeholders in the startup ecosystem.

Qualifications:Bachelor’s degree required; MBA strongly preferred. Master’s in Public Health is a plus.8+ years of industry experience with at least 3 years in strategy/management consulting within the healthcare services sector.3+ years of experience with a healthcare services company, ideally in an operational capacity.Strong analytical and financial modeling skills, with the ability to create pro forma and assess payer systems.Comprehensive understanding of healthcare services landscape, emerging technologies, and market trends.Exceptional communication skills, both written and verbal, with the ability to craft compelling narratives.Ability to thrive in a fast-paced environment, working autonomously with attention to detail.Excellent interpersonal skills and ability to build relationships with stakeholders.Critical thinking abilities and adaptability to operate under uncertainty.Self-motivated with an entrepreneurial mindset.