What are the responsibilities and job description for the New Ventures Principal position at Redesign Health?
As our New Ventures Principal, you will play a critical role in identifying, building, and scaling market-defining healthcare companies. This is a unique opportunity at the intersection of business innovation and operational excellence, where you'll drive the research, prototyping, and launch of transformative ventures.
In this role, you will collaborate closely with our external partners and the New Ventures team to assess strategic and operational priorities, conduct deep market research, and develop high-impact business opportunities. You’ll work cross-functionally with teams across Redesign Health—including New Business Development, Strategy & Finance, Product, Marketing, Operations, and Legal—to bring new ventures to life.
This position is based in Los Angeles, and we ask that you be onsite 3–4 days per week in our LA office.
What You'll Do
In this role, you will collaborate closely with our external partners and the New Ventures team to assess strategic and operational priorities, conduct deep market research, and develop high-impact business opportunities. You’ll work cross-functionally with teams across Redesign Health—including New Business Development, Strategy & Finance, Product, Marketing, Operations, and Legal—to bring new ventures to life.
This position is based in Los Angeles, and we ask that you be onsite 3–4 days per week in our LA office.
What You'll Do
- Industry Research
- Work with our external partners to explore and analyze markets and trends in the healthcare industry ripe for disruption
- Perform competitive analyses and identify current best practices and market leaders
- Size existing and latent markets and identify trends and relative positioning
- Aid in the development of thematic research to focus new projects for the team
- Concept Development & Project Evaluation Support
- Collaborate with New Ventures colleagues to identify and develop innovative business plans in the healthcare space
- Build economic models and key performance indicators to assess existing and soon-to-be-launched businesses
- Eventually, lead concept development and evaluation for own areas of interest
- Launch
- Coordinate with the New Ventures and Finance & Strategy teams to lead capital raising and recruiting for launched businesses
- Develop initial financial models and KPIs in collaboration with New Ventures colleagues
- Operational Excellence
- Identify key efficiency opportunities in Redesign’s approach to identifying, building, and scaling their businesses
- Implement core operating initiatives in collaboration with leaders across Redesign
- Background
- Bachelor’s Degree with a record of high academic achievement
- 5-7 years of experience in management consulting, investment firm, banking, corporate strategy, or research
- Technical Skills
- Working cross-functionally across strategy, operations, product, finance, and legal
- Building and leading financial and quantitative analyses in a business environment
- Conducting market diligence, business plan creation, and business analysis
- Healthcare experience
- Behavioral skills
- Entrepreneurial Drive: Adaptable, decisive, and thrives in fast-paced environments.
- Manages Complexity: Analyzes data, identifies root causes, and navigates ambiguity.
- Action Oriented: Takes initiative, seizes opportunities, and moves with urgency.
- Communicates Effectively: Tailors messaging, listens actively, and fosters open dialogue.
