Company name
Humana Inc.
Location
Newport, RI, United States
Employment Type
Full-Time
Industry
Finance
Posted on
Feb 25, 2022
Profile
Description
The M&A IT integration leader will provide strategic guidance with regards to IT integration efforts to Humana's corporate development team and integration management office (IMO) on all growth opportunities (M&As, Divestitures, Joint Ventures (JVs), and Minority Investments). This position is a direct report to the AVP, IT M&A, and will work closely with senior executives, corporate development team, IMO, acquired company representatives, and internal cross-functional IT teams in evaluating potential target companies and in the development and implementation of IT integration plans.
Responsibilities
Key Responsibilities
IT Due Diligence
Perform IT due diligence on all Humana's growth opportunities and identify the potential risks, IT impacts, IT integration barriers/challenges by analyzing and assessing target companies.
Develop an IT integration cost model for infrastructure, security, and technology areas based on the proposed deal structure and IT integration hypothesis.
Develop a conceptual understanding of how the target company's IT components and assets would be integrated with Humana based on the proposed deal structure and integration hypothesis.
Provide inputs to structuring the transition service agreements (TSAs) by working with corporate development, IMO, and acquired company representatives.
Communicate the status of the IT due diligence efforts with corporate development, IMO, and senior executives from IT and business.
IT Integration Planning and Execution
Conduct a baseline assessment of people, processes, and technology to develop an initial understanding of potential IT integration gaps, barriers, risks, and challenges.
Develop IT integration plans (tasks, milestones, dependencies) for Day 1, Day 1 X, with close partnership with IMO, functional leaders, and cross-functional IT teams.
Ensure alignment of IT integration plans to deal's strategic rationale, intended IT synergies, timelines, etc.
Drive day-to-day execution of the IT integration process, including mentoring cross-functional IT teams, managing weekly IT integration team meetings, and driving proactive issue resolution.
Manage the transition of the target company's IT vendor contracts, IT assets, IT resources, etc.
Proactively identify and mitigate in-project or downstream risks by actively working with IMO, business, and IT teams to identify solutions to solve business or technical issues that arise during execution.
Manage effective communications to all stakeholders during the planning and execution phases.
Collaborate with the IT finance team on the development and management of post-acquisition budgets.
IT Integration Process
Contribute (share learnings, process modifications, etc.) towards enhancing IT integration best practices and IT integration playbook designed to achieve the strategic and operational results of Humana's M&A efforts.
Be a change agent by communicating and motivating key constituents from Humana and the target company on the M&A intent and value.
Drive the IT integration steering committee and governance process, where senior executives and stakeholders from IT have an opportunity to review post-acquisition status, provide inputs on IT integration goals and objectives, approve the allocation of resources, etc.
Integration Results
Facilitate the development of key deal metrics for monitoring IT integration success, aligned with transaction value drivers and IT synergy plans.
Document lessons learned as part of the IT integration closing efforts.
Conduct IT-integration metric analysis (actual vs. planned).
Prepare and present IT executive level briefings on in-flight IT integrations.
Critical Skills
Strong inclination to business operations and strategy with an ability to envision how technology can further respective IT and business objectives.
Build trusted and effective relationships working with project managers to ensure they deliver on-time, on-budget, on benefit, and on-quality (and intervening to resolve issues as required).
Builds relationships among different groups within and outside the department while serving as a liaison.
Build collaborative relationships across delivery teams and technology partners.
Contribute to the continuous improvement of project delivery processes and guidelines.
General Skills
Communicate Effectively: Speak, listen, and write in a clear, thorough and timely manner using appropriate and effective communication tools and techniques.
Creativity/Innovation: Develop new and unique ways to improve operations of the organization and to create new opportunities.
Foster Teamwork: Work cooperatively and effectively with others to set goals, resolve the problem, and make decisions that enhance organizational effectiveness.
Lead: Positively influence others to achieve results that are in the best interest of the organization.
Organize: Set priorities, develop a work schedule, monitor progress towards goals, and track details/data/information/activities.
Plan: Determine strategies to move projects forward, set goals, create and implement action plans, and evaluate the process and results.
Solve Problems: Assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem.
Required Experience
Minimum 10 - 12 years of experience, 6 years in M&A experience.
Experience leading integration management methodologies for acquisitions (pre and post), including IT due diligence and IT integration planning and execution to support Day 1 and Day 1 X activities.
Results oriented and process centric mindset, looking for opportunities to improve IT M&A processes based on learning (research) and implementation experiences.
Deep expertise with project management and business analysis approaches, including discovery, scoping, planning, and leading project reviews, requirement analysis among business partners, and IT stakeholders.
Education Requirements
Bachelor's or graduate degree in Finance, Business, Technology, or related field.
Preferred Experience
Knowledge of rapidly scaling technology/software business (specific to Healthcare).
Knowledge of SDLC practices (Waterfall, Agile/Scrum, DevOps), Cloud (AWS, Azure, GCP), IT infrastructure (Networks, Circuit, Serves, etc.), and IT security (Physical, Cybersecurity, Security Frameworks, etc.).
Experience in general management or functional leadership roles.
Additional Information
Associates are required to be fully COVID vaccinated, including booster, or undergo weekly COVID testing and wear a face covering while at work. The weekly testing will need to be done through an approved Humana vendor, and unvaccinated associates should follow all social distancing and masking protocols if they are required to come into a Humana facility or work outside of their home.
If progressed to offer, candidates will be required to:
Provide proof of full vaccination, including booster OR
Provide proof of applicable exemption including any required supporting documentation
Medical, religious, and state exemptions will be available.
#LI-remote
Scheduled Weekly Hours
40
Company info
Humana Inc.
Website : http://www.humana.com