Head of Corporate Development

‍About Euc‍‍

‍We’re making good health last a lifetime

More than 1 billion people globally live with obesity, a significant leading indicator of many preventable chronic diseases such as diabetes and heart disease.

Eucalyptus is the company behind Juniper, one of the world’s largest weight management programs combining GLP-1 medication with a tailored nutrition and exercise programme, supported by our multidisciplinary care team of prescribers, health coaches, dietitians, nurses and pharmacists.

Our published clinical research demonstrates that our combined approach to weight management and lifestyle change increases the likelihood of our patients losing significant weight during their treatment with Juniper by four times.

Since launching, we’ve grown fast to support millions of patients. In the last 12 months:

• We grew the size of our patient base by 10x in the UK, received selective NICE endorsement for our holistic approach to obesity management, and grew our team from 50 to 200.
• Globally, we grew revenue by >120% YoY, while reducing cash burned by 90% YoY, with over $100M USD raised from global investors such as BOND, NewView, Blackbird and Airtree - early backers of companies like Canva, Stripe, Uber and Airbnb.

About the role

We’re seeking a Head of Corporate Development to own the biggest strategic partnerships levers in our business.

Our Corporate Development team is responsible for doing commercial deals that unlock the biggest strategic levers in our business - think insurers, governments, pharmaceutical companies, and any other major supplier.

You will have global ownership of any relationship that can step-change our growth or margin profile, and you will work closely with our local market GMs to unlock said growth or margin.

What You’ll Be Doing (why this role is interesting)

Your role is equal parts strategy and commercial execution. You will be responsible for opening new distribution channels and creating moats for our global business by driving strategic commercial partnerships.

1. Drive partnerships strategy: you will own the development of our partnerships strategy. This includes proactively creating new partnership models and sourcing, pitching and executing the best partners in each category.
2. Own (and win new) global relationships: Own relationships with C-suite and SVP-level with global supplier, insurer, government and pharmaceutical partners. You’ll be responsible for sourcing, pitching and executing new partnerships at this senior level. You should understand our business model intimately, how we bring value to partners in our ecosystem and be able to pitch this compellingly
3. Create new commercial models: we’re at the edge of innovation for digital preventative health and we are often the first time our partners have used a distribution channel like ours. You will need to create new partnership models from scratch, often including reimagining commercial models from first principles and creating new legal structures across multiple jurisdictions
4. Negotiation: You’ll negotiate these partnerships on behalf of Eucalyptus. You’ll often be the most senior sponsor in the room and will be expected to guide our GMs on the right strategy and position to get the deal done. As the value of these deals can be 8-9 figures we expect you are able to masterfully understand the counterparty’s objective function and design the optimal deal for Eucalyptus that is a win for both sides
5. Commercial decision making: you will ultimately own whether a partnership is value accretive to your GM’s market and the broader Eucalyptus group. You should have internalised our P&L, its key levers and be able to mental-math your way through real time calculations of the impact of different deal structures in live negotiations.
6. High context: This role reports directly into our senior leadership team and is one of the most important commercial levers in our business. You will have context and input on some of our highest stakes strategic thinking, and have the responsibility and expectations that accompanies this context.
   
   

About You (Who We’re Looking For)

Skills and experience

• 8+ years of experience across investment banking/consulting/private equity at high performing shops, or in a similar BD/Corp dev function of a hypergrowth business servicing large regulated enterprises
• Strategic mindset: ability to quickly understand strategy & drivers of our business, turn them into partnership theses and then find commercial models that drive long term value for both sides and create moats for our business
• Elite negotiation: this role is best suited to someone who has experience with, and a genuine passion for, negotiating commercial deals. We’re looking for candidates who understand the incentives of all parties in a negotiation, who holds the leverage and have the charisma to get the right outcome for our business in this context
• Numerical fluency: you can quickly internalise the key levers of a P&L and do real time mental math to understand how different commercial structures will impact our business
• Hypergrowth hustle: you will be dealing with (mostly) large enterprises but our business needs to move quickly. You should be able to demonstrate you know how to get deals done with large corporates but still operate with the core belief that speed is all that matters for a business at our stage
• Leadership: proven ability to lead teams to execute deals (across legal/compliance, finance and tax, commercial stakeholders, data and engineering)
• Ambition: you have the ability to visualise our pathway to the world’s leading preventative healthcare company and are excited by this challenge

Behaviours & Attitudes

• You act like an owner and lead with humility
• You energise and align those around you
• You get a kick out of solving tough problems quickly
• You hold yourself and others to the highest bar
• You’re deeply curious and never satisfied with "good enough"
• You’re resilient, adaptable, and unafraid of ambiguity

So, why join Eucalyptus?

• Make real impact, fast - We build in the open together, which helps us learn and iterate more quickly to deliver high-quality outcomes faster than anyone else. Helping impact patients’ lives for the better from the moment you join Euc.
• You’ll be supported to accelerate your career - Regular feedback alongside our bi-annual performance reviews, a professional development budget & leave help ensure you have the support you need to level up. We’re committed to helping every Eucalypt reach their full potential.
• You’ll work with others who are incredibly passionate about what they do - Our talent bar is high, and our work ethic is strong. You’ll get to stretch yourself every day, be given autonomy to tackle interesting problems, and work amongst people who care deeply about our patients.
• We also offer a range of benefits including
  • Your own stake in the business with our employee options program
  • Newly opened HQ in vibrant Old Street, designed for focus and collaboration
  • A flexible hybrid setup: 3 days a week in our Old Street office
  • A monthly wellness allowance, for you to spend on whatever wellness means to you
  • A yearly personal development budget and 3 extra days of leave to continuously up-skill yourself
  • 25 days holiday + bank holidays with an enhanced parental leave policy
  • A fun office with regular socials including after-school sport, clubs, cycle kick-offs, and seasonal parties. We had our winter social in Paris last year! 🇫🇷
  • Your own MacBook and more!
    
    

At Eucalyptus, we value individuals from all backgrounds, experiences, and perspectives, and we embrace the unique qualities each person brings. When you apply, please let us know of any reasonable adjustments you may need during the interview process.