Corporate Strategy Specialist

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

Specialist, Corporate Strategy (Solventum)
 

3M Health Care is now Solventum
At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

As a Specialist, Corporate Strategy, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Specifically, you will be responsible for driving growth through the development and execution of strategic business plans, identification of new market opportunities, and creation of key acquisitions, partnerships and venture investments. This is a critical role, instrumental to shaping our competitive positioning and expansion efforts, and reports into the Vice President, Corporate Strategy.

Responsibilities will include the following:

• Maintain global market models including partnering with portfolio teams to identify credible syndicated sources and analyze weighted average market growth rate (WAMGR) and share calculations to inform strategic decisions

• Lead competitive intelligence to support market models, business development, and quarterly earnings activities

• Support strategic planning and execution, including development of tracking and analytic dashboards and reporting

• Support business development including analysis of potential targets, maintenance of hopper prioritization framework, and project management of active deal diligence

• Develop rigorous, fact-based quantitative and financial analyses to support all strategic and business development activities as needed

• Collaborate with key business stakeholders (e.g. marketing, finance, sales, R&D) to ensure alignment of business strategy and development initiatives with overall company goals

Your Skills and Expertise

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher from (completed and verified prior to start) an accredited institution and 5 years of experience in strategy, business development, or project management within consulting, investment banking, or the MedTech industry

OR

• Master’s Degree/MBA from an accredited institution and Minimum of 1 year of experience (coursework/ internship included) in strategy, business development, or project management within consulting, investment banking, or the MedTech industry

• Strong project management capabilities with ability to manage multiple deliverables, with a bias for action and delivering results

• Strong analytic and problem-solving skills, including solid understanding of financial and statistical analyses

Additional qualifications that could help you succeed even further in this role include:

• Ability to thrive in an action-oriented and high accountability environment

• Significant experience with Excel, PowerPoint, and CRM tools to maintain robust target pipeline

• Excellent written and verbal communication skills

Work location: Remote

Travel: May include up to 10% domestic/international

Relocation Assistance: Not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Applicable to US Applicants Only:The expected compensation range for this position is $137,439 - $167,981, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.Solventum is an equal opportunity employer.  Solventum  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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