Corporate Development Manager III presso CorVel Corporation

We’re seeking an experienced and entrepreneurial Head of Corporate Development to design and lead our acquisition strategy. You’ll be responsible for identifying, evaluating, and executing acquisitions that expand our technology capabilities, accelerate innovation, and strengthen our market position.

This is a high-impact, hands-on role ideal for a strategic thinker who thrives on building relationships, mapping markets, and executing deals from origination to integration.

Key Responsibilities

Strategy & Leadership:

• Develop and continuously refine our M&A and partnership strategy aligned with corporate objectives.
• Build a structured acquisition roadmap targeting technology-driven companies that enhance our products, data, or technical capabilities.
• Present acquisition theses, valuation frameworks, and deal recommendations to executive leadership.

Target Sourcing & Pipeline Development:

• Identify, research, and prioritize acquisition targets — from early-stage innovators to scalable niche players.
• Build and maintain a living market map of emerging technologies, competitors, and adjacent solutions.
• Establish strong relationships with founders, venture capital funds, accelerators, and M&A advisors.

Deal Execution:

• Lead the end-to-end transaction process: evaluation, financial modeling, due diligence, negotiation, and closing.
• Coordinate internal and external resources (finance, legal, technology, HR) to execute transactions efficiently.
• Manage NDAs, LOIs, term sheets, and integration planning in collaboration with functional leaders.

Integration & Value Realization:

• Partner with business unit leaders to ensure smooth post-acquisition integration and realization of synergies.
• Track and report on deal performance metrics, including capability impact, cultural fit, and financial outcomes.

Qualifications:

• 3+ years of experience in corporate development, M&A, private equity, or investment banking, ideally with exposure to technology or software sectors.
• Proven ability to source and close deals independently, not just manage a process.
• Strong analytical and financial modeling skills; comfort with valuation of early-stage and IP-driven businesses.
• Excellent relationship builder — able to engage founders, investors, and executives with credibility.
• Demonstrated experience in technology assessment, product integration, or innovation strategy is a major plus.
• Entrepreneurial mindset: scrappy, curious, and persistent in finding “off-market” opportunities.

What Success Looks Like in the First Year:

• A defined acquisition playbook and deal-sourcing funnel is established.
• Multiple high-quality targets under active evaluation or NDA.
• A repeatable framework for diligence, valuation, and integration built and operationalized.
• Recognized internally as the go-to voice for inorganic growth strategy.

PAY RANGE:

CorVel uses a market based approach to pay and our salary ranges may vary depending on your location.  Pay rates are established taking into account the following factors:  federal, state, and local minimum wage requirements, the geographic location differential, job-related skills, experience, qualifications, internal employee equity, and market conditions.  Our ranges may be modified at any time.

For leveled roles (I, II, III, Senior, Lead, etc.) new hires may be slotted into a different level, either up or down, based on assessment during interview process taking into consideration experience, qualifications, and overall fit for the role.  The level may impact the salary range and these adjustments would be clarified during the offer process.

Pay Range:  $95,950 – $149,210

A list of our benefit offerings can be found on our CorVel website: CorVel Careers | Opportunities in Risk Management

In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening, whichever comes first.

About CorVel:

CorVel, a certified Great Place to Work® Company, is a national provider of industry-leading risk management solutions for the workers’ compensation, auto, health and disability management industries.   CorVel was founded in 1987 and has been publicly traded on the NASDAQ stock exchange since 1991. Our continual investment in human capital and technology enable us to deliver the most innovative and integrated solutions to our clients.  We are a stable and growing company with a strong, supportive culture and plenty of career advancement opportunities.  Over 4,000 people working across the United States embrace our core values of Accountability, Commitment, Excellence, Integrity and Teamwork (ACE-IT!). 

A comprehensive benefits package is available for full-time regular employees and includes Medical (HDHP) w/Pharmacy, Dental, Vision, Long Term Disability, Health Savings Account, Flexible Spending Account Options, Life Insurance, Accident Insurance, Critical Illness Insurance, Pre-paid Legal Insurance, Parking and Transit FSA accounts, 401K, ROTH 401K, and paid time off.

CorVel is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

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