New Ventures Principal - Cedars-Sinai

Job Description

New Ventures Principal

The New Ventures Principal will focus on our new partnership with Cedars-Sinai to develop transformative healthcare solutions, with a commitment to co-build multiple companies in the coming years.

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:

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 RedesignWhat you'll need:

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.

Location: This is a hybrid role requiring 3-4 days in-office in Los Angeles.

Compensation Range: $144K

Full-time

Hybrid remote