Intuitive Ventures MBA Intern at Intuitive Surgical, Inc.

Posted in General Business 11 days ago.

Type: Full-Time
Location: Sunnyvale, California





Job Description:

Company Description
At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.
As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.
Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.
Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.
Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.
Job Description
Primary Function of Position:

We are seeking a Summer Associate to work within the Intuitive Ventures team to help transaction and deal execution activities, as well as market landscaping and deal diligence, associated with innovative healthcare technology companies and the startup ecosystem. Learning outcomes from this role will include:


  • Deep exposure to venture capital, frontier healthcare technologies and ecosystems

  • Learn the values and processes related to venture capital investing transactions, from sourcing to diligence to deal execution

  • Working in a cross-disciplinary environment with technical experts, scientists/engineers, corporate colleagues, investors and an external ecosystem of innovators


Roles & Responsibilities:

The MBA Summer Associate will help with the following responsibilities:


  • Attending company pitches and providing input and analysis on specific opportunities reviewed by the team;

  • Build startup company and industry vertical landscapes and help deal sourcing for new technology and startup opportunities across medical device and digital domains

  • Help diligence and deal execution, including the analysis of company materials, financial reports, developing attractive landscapes and helping the preparation of investment memos and presentations for Intuitive Venture's Investment Committee.

Qualifications
University Hiring Program Eligibility Requirements:

  • University Enrollment: Must be currently enrolled in and returning to an accredited degree-seeking academic program in the Fall.

  • Internship Work Period: Must be available to work full-time (approximately 40 hours per week) during a 10-12 week period starting May or June. Specific start dates are mutual during the recruiting process.


Skills, Experience, Education, & Training:

  • Graduate level study in business (MBA candidate), engineering or biological sciences (MPH, MD, or PhD candidates) and/or work experience in consulting, financial services, investing or startups with knowledge of the healthcare/ life sciences ecosystem, including:

  • Experience with financial analysis including interrogation of financial statements, building business models and projections in Microsoft excel

  • Ability to learn quickly and get deep in scientific/clinical subject matter within weeks

  • Exceptional analytic and research skills and ability to communicate complex ideas and synthesized insights in simple written and verbal formats

  • Self-starter and ability to work effectively across multiple teams, projects and deadlines

Additional Information
Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.

Intuitive is an Equal Employment Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target salary ranges are listed.

Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19. Details can vary by role.

Intuitive is an Equal Employment Opportunity Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

We provide market-competitive compensation packages, inclusive of base pay (paid at an hourly rate), benefits, and a housing allowance. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including relevant skills and experience for this internship, degree-seeking academic program (PhD, Master's, Bachelor's, etc), year in school, and location. The hourly rate is prorated against the intern program salaries listed and total program compensation will be based on internship duration.

Base Salary Range Region 1: $115,730 USD - $122,600 USD
Base Salary Range Region 2: $98,370 USD - $104,210 USD
Shift: Day
Travel: None
Workplace Type: Set Schedule - This job will be onsite weekly, the percentage of onsite work will be defined by the leader.





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