Sr. Manager / Director - Corporate Development

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

You're Great for This Role If

- 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

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 (est