New Ventures Principal - Cedars-Sinai

Job Description

Job Description

About the Company :

Redesign Health is a global venture builder that empowers founders to launch and scale transformative healthcare companies. We help founders overcome the unique challenges of healthcare innovation with an ecosystem and suite of capabilities supporting ideation and diligence, commercial traction, and execution. Since 2018, we have backed founders to launch more than 65 companies that have touched the lives of over 15 million patients and generated more than $1 billion in revenue. We believe we can create breakthrough innovations in global health technology through grit, technical excellence, and teamwork. We seek out builders who share our ambitious vision.

Redesign Health is dedicated to launching AI-native healthcare ventures that transform how care is delivered and experienced. Like the startups we build, we embed AI deeply into all our operations, empowering our team to focus their creativity and expertise on the most complex challenges and high-impact opportunities. We're seeking curious, adaptable individuals who are excited to explore new ways of working, eager to constantly experiment, and committed to pushing the boundaries of what's possible at the intersection of human ingenuity and artificial intelligence.

About the Job :

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 Redesign.

What 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 .

Who You Are :

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.

Technology Innovator : You have a track record of proactively leveraging AI and other emerging technology tools to create extraordinary productivity and impact within your role. You have built systems and workflows for yourself more sophisticated than basic ChatGPT / LLM usage and are constantly experimenting with new ways to use technology to disrupt yourself.

Additional Information :

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

Compensation Range : $144K