Associate/Sr. Associate/Manager - Lilly Ventures Tech Investing

At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We’re looking for people who are determined to make life better for people around the world.

Organization Overview

Lilly Catalyze360 is a comprehensive approach to enabling the early-stage biotech ecosystem by democratizing access to infrastructure, expertise, and resources. Through its interconnected pillars—Lilly Ventures, Lilly Gateway Labs, Lilly ExploR&D, and Lilly TuneLab—Catalyze360 strategically removes barriers that traditionally block bold science from becoming life-changing medicines, providing biotechs with flexible combinations of capital, physical lab space, R&D capabilities, AI/ML tools, and decades of enterprise learning. 

Lilly Ventures (LV) is a pan-therapeutic, global innovation organization embedded within Eli Lilly & Company. Our mission is to identify and integrate breakthrough science and technology - including the rapidly maturing spaces of AI/ML, computational biology, and platform technologies that drive medicine advancement, functional performance, and commercial innovation - into Lilly Research Labs (LRL) to accelerate drug discovery and development and Lilly more broadly. We operate at the intersection of venture capital, biotech and health tech innovation, and R&D transformation.

Job Summary

The LV Tech group seeks an Associate to support and execute the group’s strategy – direct equity investments, fund-of-funds investments, and value pull-through – by assisting in data analytics, opportunity triage and analysis, reporting requirements, and process optimization. The Associate is expected to be a creative problem solver with exceptional organizational skills who supports achievement of the group’s goals while seeking ways to optimize the process.

Key Responsibilities

• Data analysis: executes scheduled and ad-hoc data analysis related to LV Tech’s portfolio and areas of interest; uses internal and external databases to produce executive-ready reports; quickly collects relevant data to answer executive or external questions in a timely manner; assists in analysis of potential investments, including P&L modeling and cap table construction.
• Market research: conducts research and analysis on areas of potential interest; analyzes industry trends and competitor activities; works across the team to gather quantitative and qualitative inputs.
• Reporting: leads quarterly reporting efforts for the Tech portfolio; manages fund financial performance, as well as portfolio company financial performance.
• Fund management and operations: owns internal record keeping; ensures appropriate documentation storage; supports business operations for deal discussions; manages conference preparation and coordination.

Minimum Requirements:

• Bachelor’s degree.
• 3+ years of relevant industry experience, which include experience in data analytics, project management, operations, consulting or investing in life sciences or life sciences tools and software.
• Qualified applicants must be authorized to work in the United States on a full-time basis. Lilly will not provide support for or sponsor work authorization or visas for this role, including but not limited to F-1 CPT, F-1 OPT, F-1 STEM OPT, J-1, H-1B, TN, O-1, E-3, H-1B1, or L-1.

• Analytical thinking skills
• Broad learning agility
• Knowledge of drug development (direct, consulting, investing)
• Excellent communication skills to senior leadership
• Experience working on projects involving data management & analysis, project management, process improvement
• Collaborative mindset
• Demonstrated ability to work under pressure to meet deadlines
• Advanced Microsoft Excel and PowerPoint skills
• Proven planning and organizational skills
• Need to be comfortable being available outside normal working hours to respond to urgent questions

Additional Information

• Travel required (~10%)

Lilly is dedicated to helping individuals with disabilities to actively engage in the workforce, ensuring equal opportunities when vying for positions. If you require accommodation to submit a resume for a position at Lilly, please complete the accommodation request form (https://careers.lilly.com/us/en/workplace-accommodation) for further assistance. Please note this is for individuals to request an accommodation as part of the application process and any other correspondence will not receive a response.

Lilly is proud to be an EEO Employer and does not discriminate on the basis of age, race, color, religion, gender identity, sex, gender expression, sexual orientation, genetic information, ancestry, national origin, protected veteran status, disability, or any other legally protected status.

Our employee resource groups (ERGs) offer strong support networks for their members and are open to all employees. Our current groups include: Africa, Middle East, Central Asia Network, Black Employees at Lilly, Chinese Culture Network, Japanese International Leadership Network (JILN), Lilly India Network, Organization of Latinx at Lilly (OLA), PRIDE (LGBTQ+ Allies), Veterans Leadership Network (VLN), Women’s Initiative for Leading at Lilly (WILL), enAble (for people with disabilities). Learn more about all of our groups.

Actual compensation will depend on a candidate’s education, experience, skills, and geographic location.  The anticipated wage for this position is

Full-time equivalent employees also will be eligible for a company bonus (depending, in part, on company and individual performance). In addition, Lilly offers a comprehensive benefit program to eligible employees, including eligibility to participate in a company-sponsored 401(k); pension; vacation benefits; eligibility for medical, dental, vision and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; certain time off and leave of absence benefits; and well-being benefits (e.g., employee assistance program, fitness benefits, and employee clubs and activities).Lilly reserves the right to amend, modify, or terminate its compensation and benefit programs in its sole discretion and Lilly’s compensation practices and guidelines will apply regarding the details of any promotion or transfer of Lilly employees.

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