Managing Director, X Ventures
Redesign Health
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Redesign Health is a proud Equal Opportunity Employer – we recruit, train, compensate and promote our team members based on qualifications. We know how important it is not only to include, but to actively seek out a diversity of opinions and voices.
We want to hear from you regardless of your race, religion, national origin, sex, gender identity, sexual orientation, disability, age, veteran status, or any other applicable legally protected characteristics.
Redesign Health is a company that powers innovation in healthcare. We develop technologies, tools, and insights that lower the barriers to change in healthcare, and provide a platform that enables founders and the broader healthcare ecosystem to build high-quality health solutions at scale. We have powered the launch of 28 companies to-date including Lively, Ever/Body, Calibrate, Vault Health, Springtide, HealthQuarters, Proper, Anomaly, Jasper, MedArrive, Intrinsic, UpLift, Kins, Keen, Overalls, and stealth ventures in health equity, kidney care, women’s health, complementary medicine, and many more. We’re on a mission to redesign health for everyone.
Redesign Health is seeking to hire a Managing Director on its X Ventures team. X Ventures is responsible for building healthcare companies with a significantly larger amount of committed capital than typical seed stage companies. By doing so, X Ventures aims to inflect the growth curve for transformative startups. As a Managing Director, you will lead the building of healthcare companies from zero-to-one and the scaling of those ventures to redesign the healthcare system. You will be able to make a huge impact in a range of areas and ensure that Redesign’s operating companies have the greatest impact. This role allows someone to get involved in both the creation and scaling of companies.
What you'll do:
Lead Idea to Launch for X Ventures Companies:
- Lead idea to launch development work for new concepts, managing the team and coordinating all resources to ensure successful launch.
- Ensure appropriate resources are being deployed and that new concept development progresses on schedule and adheres to our high standards for launch.
- Responsible for building advisory board and executive team for new concepts
- Representing X Ventures to launch partners and external stakeholders involved in concept development
Develop a high performing X Ventures Team
- Develop and manage X Ventures team members, establishing both team and individual objectives to ensure focus and execution on critical success drivers.
- Create a team-oriented culture to drive high levels of engagement and a company-first attitude. Live Redesign Health’s values and virtues.
Develop and execute critical internal operating processes
- Build upon a library of playbooks and materials to communicate best practices.
- Optimize workflow communication and ensure efficient collaboration.
- Continually evaluate the fidelity and efficiency of processes against core KPIs. Optimize and update processes in collaboration with the broader platform.
- Identify improvements in technologies, workflows, processes, or structural changes.
Research and Launch Process Management
- Drive thematic and industry research to inform future ideation.
- Review project progress alongside other team leaders to drive high-quality outcomes
- Ensure that the teams translate initial hypotheses into actionable fully vetted concepts ready for funding while adhering to the Redesign method for launching new ventures
- Work alongside functional teams (e.g., product, marketing, legal) to bring ideas from concept to launch.
What you'll need:
- Background
- 10+ years of experience showing increasing levels of responsibility
- 4+ year of experience in an investing, equity research, or management consulting role, preferably with significant experience researching or diligencing potential PE/VC assets
- 3+ years of experience researching or working with companies in the healthcare sector
- 2+ years of effective people management experience
- Deep passion for healthcare, where you are reading and learning about the industry in your spare time
- Skills
- Demonstrated financial acumen and deep understanding of business fundamentals
- Instills Trust: Showing consistency between words and actions is key; gaining the confidence and trust of others through honesty, integrity, and authenticity.
- Builds Effective Teams: Forms teams with an appropriate and diverse mix of styles, perspectives, and experience. Establishes common objectives and a shared mindset. Creates a feeling of belonging and strong team morale.
- Strategic mindset and ability to quickly assess new sectors to identify key trends and opportunities for innovation
- Action Oriented: Ability to execute on strategic and operational initiatives, turning ideas into action
You will work out of one of the following locations:
- In-office: New York, NY
- Remote: Alabama, Arizona, Arkansas, California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
What Redesign is all about
Redesign’s mission is to elevate healthcare companies that empower people to live their healthiest lives. To give a sense of what our team is all about, these are the values that guide our work:
- Redesign healthcare - We bring positive change to patients’ lives
- Own the outcome - We do the work to get the job done
- Be trusted partners - We strive to be the teammates and co-founders of choice
- Champion diverse perspectives - We work to unlock our joint potential
- Practice kindness - We aim to build bridges, not walls
- Learn continuously - We focus on constantly growing as individuals and as a team
Why work with us?
We care deeply about your well-being. And we’ve tailored our unique benefits around your wellness. Check out our full range of benefits here, and a few of our highlighted benefits below:
- Benefits for your physical wellness:
- Full medical, dental, and vision coverage with no monthly contribution for you and your dependents (for all of our plans!)
- Quarterly in-home house cleaning
- $50 a month wellness stipend
- Benefits for your financial wellness:
- 401K match
- Student loan repayment contribution
- Tax preparation services
- Benefits for your mental wellness:
- Unlimited PTO
- An annual 2-week company-wide winter break
- 2 months sabbatical after 4 years
- Reimbursements to Spotify & Headspace
- Benefits for the wellness of parents:
- 16 week full paid parental leave
- Maven Clinic access with $10k lifetime contributions to fertility & adoption services
- Diaper subscription service & summer camp reimbursement program
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