[Hiring] Senior Manager / Director - Corporate Development @Astrana Health, Inc.

Role Description

Astrana is scaling nationally through acquisitions, provider group partnerships, and new market entry. The Corporate Development team sits at the center of that growth: sourcing and evaluating targets, building the valuation and deal models that drive investment decisions, and carrying transactions through diligence, close, and integration.

We are hiring a Senior Manager or Director of Corporate Development (title commensurate with experience) to own deal analytics end to end — from first-pass screening through board-ready valuation work — and to serve as the organizational backbone for post-close integration. This is a high-visibility role with direct exposure to executive leadership and the transactions that define Astrana's national footprint.

What You'll Do

• Build and own valuation analyses for acquisition and partnership targets, including discounted cash flow (DCF), comparable company, precedent transaction, and accretion/dilution analyses.
• Construct and maintain detailed operating and deal models in Excel, including membership, PMPM revenue, medical cost, and synergy assumptions specific to value-based care economics.
• Lead financial and operational due diligence workstreams: manage data rooms, coordinate diligence request lists across finance, legal, clinical, and IT functions, and synthesize findings into clear go/no-go recommendations.
• Prepare investment committee memos, board materials, and executive presentations that translate analysis into decisions.
• Support deal execution: LOI and term sheet analytics, purchase price mechanics, working capital and earnout structuring support alongside legal and finance.
• Drive post-close integration planning and execution: build integration workplans, track milestones and synergy capture, run cross-functional integration meetings, and escalate risks early.
• Maintain the corporate development pipeline: track targets, manage CRM hygiene, and produce recurring pipeline reporting for leadership.
• Conduct market landscaping and competitive analysis for new geographies and adjacencies.

Qualifications

• At least years of experience in investment banking, management consulting, private equity, or corporate development (Senior Manager: 3–4 years; Director: 5+ years with demonstrated deal leadership).
• Demonstrated fluency in valuation methodologies: you can build a DCF from a blank workbook and defend every assumption in it.
• Advanced Excel modeling skills: three-statement models, scenario/sensitivity toggles, clean auditable structure.
• Healthcare experience or a demonstrated, specific interest in healthcare, ideally provider services, value-based care, managed care, or healthcare services M&A.
• Exceptional organizational skills: you can run multiple diligence and integration workstreams simultaneously without dropping threads.
• Strong written and verbal communication; able to distill complex analysis for executive and board audiences.
• Bachelor's degree in finance, economics, accounting, or a related field.

Requirements

• You have worked on healthcare services transactions: independent practices, physician groups, IPAs, MSOs, risk-bearing organizations, or adjacent provider services.
• You understand value-based care economics: capitation, risk adjustment, shared savings, and medical loss dynamics.
• You have supported or led post-merger integration and know what a good integration workplan looks like.
• You are comfortable with ambiguity and can build the first version of an analysis without a template.
• You are proficient in PowerPoint and can produce board-quality materials quickly.
• You have experience with data room platforms and pipeline/CRM tools.

Benefits

• The base salary compensation target pay range for this role is: $130,000 – $160,000 (Senior Manager) / $160,000 – $200,000 (Director), plus annual bonus eligibility.
• The salary range represents our national target range for this role. Actual compensation will be determined based on level, geographic location (current or future), experience, and other job-related factors.

Environmental Job Requirements and Working Conditions

• Remote, US based position - with strong preference for candidates based in Los Angeles, San Francisco, or New York.
• Periodic travel required for target site visits, diligence sessions, and integration support (estimated 25%).