VP Corporate Development M&A

Overview

Location: May be located in any Elevance Health PulsePoint office preferably in New York, NY, Indianapolis, IN, Chicago, IL, Atlanta, GA, Mason, OH, Richmond, VA.

This role requires associates to be in-office at least 3 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. Alternate locations may be considered. Per policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment unless an accommodation is granted as required by law.

Summary

The Staff Vice President, Corporate Development Mergers & Acquisitions is a senior enterprise leader responsible for identifying, evaluating, and executing inorganic growth opportunities that drive long-term enterprise value. This role leads mergers, acquisitions, divestitures, and strategic partnerships across priority growth areas, while serving as a trusted advisor to executive leadership and business unit heads. The leader will partner closely with Finance, Strategy, Legal, Operations, and business leaders to ensure transactions are strategically aligned, rigorously evaluated, and successfully integrated to deliver sustained financial and operational outcomes.

Beyond deal execution, this role plays a critical part in strengthening enterprise connectivity, advancing post-close value realization, and continuously improving M&A capabilities through process innovation and technology enablement.

• Enterprise Growth & Strategy
• 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.

• Mergers, Acquisitions & Divestitures
• 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.

• Post-Transaction Value Realization
• 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.

• Enterprise Collaboration & Relationship Management
• 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.

• Process Excellence & Innovation
• 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.

• People Leadership & Capability Building
• 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.

• Leadership Impact
• Shapes the organization's growth trajectory through disciplined, value-driven M&A.
• Elevates enterprise collaboration by connecting strategy, finance, and operations through the full deal lifecycle.
• Strengthens post-close execution and accountability to ensure transactions deliver on their promise.
• Modernizes the corporate development function through process optimization and intelligent use of technology.

• Requires an MBA and a minimum of 10 years of M&A…