Business Development & Intuitive Ventures Intern

Job Description

Job: Internships
Primary Location: United States-California-Sunnyvale-US-CA-Sunnyvale
Schedule: Full-time
Requisition ID: 193410
Description
Joining Intuitive Surgical means joining a team dedicated to using technology to benefit patients by improving surgical efficacy and decreasing surgical invasiveness, with patient safety as our highest priority.
Company Description:Intuitive Surgical designs and manufactures state-of-the-art robot-assisted systems for use in minimally-invasive surgery. These systems are revolutionizing the way in which surgery is being done and offer a unique platform—that is being used routinely at hospitals worldwide—for exploring the potential of digital surgery. Joining Intuitive Surgical means joining a team dedicated to using technology to benefit patients by improving surgical efficacy and decreasing surgical invasiveness, with patient safety as our highest priority.
Eligibility:
Must be concurrently enrolled and returning to an academic program in the fall in an accredited degree-seeking program.
Primary Function of Position:
We are seeking a summer intern to working within the New Business Development and Intuitive Ventures teams to support transaction and deal execution activities, as well as market landscaping and deal diligence, associated with innovative healthcare technology companies and the startup ecosystem.
Roles and Responsibilities:
The intern will work across the New Business Development and Intuitive Ventures teams to support with the following responsibilities:
• Attending company pitches and providing input and analysis on specific opportunities reviewed by the team; • Build startup company landscapes and supporting deal sourcing for new technology and startup opportunities across medical device and digital domains;• Support diligence and deal execution, including the analysis of company materials, financial reports, developing competitive landscapes and supporting the preparation of investment memos and presentations for Intuitive’s Investment Committee.Qualifications

Skills, Experience, Education, & Training:

• Pursuing an MBA or Masters with knowledge of the healthcare ecosystem with focus on medical devices or digital health domains
• 3-5 years work experience with financial analysis including interrogation of financial statements, building business models and projections in Microsoft excel
• Strong 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

Learning Outcomes:

• Deep exposure to frontier healthcare technologies and ecosystems
• Learn the principles and processes related to business development and venture investing transactions, from sourcing to diligence to deal execution
• Work in a cross-disciplinary environment with technical experts, scientists/engineers, corporate colleagues, investors and an external ecosystem of innovators Commitment: Must be available to work full-time hours, M-F for 10-12 weeks beginning Summer of 2020. Please note that the deadline to apply is 1/3/2020, unless otherwise noted in your campus portal. We are an AA/EEO/Veterans/Disabled employer.

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