Associate

Associate – Healthcare Strategy & Commercial Due Diligence

London | Hybrid | Full-time

Who we are

Mansfield Advisors is an award-winning specialist strategy consultancy focused on healthcare. We advise private equity investors and corporate clients across healthcare services, pharma and life sciences, and veterinary markets. Our work spans commercial due diligence, growth strategy, market entry, go-to-market strategy, value creation and digital transformation.

We work in small, senior teams and aim to give our consultants early responsibility, direct exposure to clients and Partners, and the opportunity to build deep healthcare expertise while working across a broad range of subsectors and transaction sizes.

The role

As an Associate, you will take responsibility for substantial workstreams within commercial due diligence and strategy engagements. You will help structure the problem, define the analysis required, manage more junior team members, and translate evidence into a clear commercial view for clients. You will work closely with Engagement Managers and Partners and will have meaningful exposure to investors, management teams and other senior stakeholders.

What you'll do

·    Lead defined workstreams within commercial due diligence and strategy projects, from initial hypothesis through analysis to final recommendation.

·    Structure market, customer, competitor and company analyses; determine the most relevant sources and ensure the team focuses on the questions that drive the investment or strategic decision.

·    Own or oversee market models, forecasts, scenario analyses and business-plan assessments, challenging assumptions and triangulating evidence.

·    Lead expert and selected client interviews, synthesize findings and identify the implications for the investment thesis or client strategy.

·    Develop strong storylines and executive-ready materials, ensuring that conclusions are clear, evidence-based and commercially useful.

·    Coach and manage Analysts and Senior Analysts on day-to-day tasks, providing clear direction, quality control and feedback.

·    Present findings to clients and contribute actively to working sessions with investors, management teams and corporate leaders.

·    Support Partners and Engagement Managers on proposals, pitches, sector development and the creation of reusable Mansfield intellectual property.

What you'll bring

·    You will typically have 2–4 years of relevant consulting experience. Previous healthcare commercial due diligence experience is essential for this role.

·    A strong track record in strategy consulting, with hands-on experience delivering healthcare commercial due diligence.

·    The ability to run core diligence modules with limited supervision and to understand what matters to private equity and corporate decision-makers.

·    Excellent quantitative, problem-solving and financial-analysis skills, with strong Excel and PowerPoint capability.

·    Strong communication and storylining skills, including the ability to turn complex analysis into concise senior-level messages.

·    Experience coaching or informally managing more junior colleagues and taking responsibility for the quality of a workstream.

·    Commercial judgement, intellectual curiosity and a willingness to challenge assumptions rather than simply report the data.

·    A strong academic record and degree from a leading university; a scientific or medical background is not required.

·    Fluent English; additional European languages are welcome but not required.

Why Mansfield

·    Specialist healthcare focus: build genuine sector expertise rather than rotating across unrelated industries.

·    Small teams and early responsibility, with regular exposure to senior clients and Mansfield Partners.

·    A varied deal environment, including both larger and mid-market transactions as well as corporate strategy work.

·    A clear career path to Engagement Manager and Partner, with responsibility increasing as quickly as your performance allows.

·    A strong work-life balance relative to consulting, alongside a hybrid working model (normally at least two days per week in the office).

·    Competitive base salary and bonus, workplace pension, private health insurance and an individual health and wellbeing allowance.

Our values

We look for people who are Commercial, Curious, Collaborative and Transparent — people who care about the quality of their work, enjoy solving difficult problems with others, and can turn analysis into practical advice for clients.

Equal opportunities

Mansfield Advisors is an inclusive employer. We welcome applications from candidates of all backgrounds and are committed to creating an environment in which everyone can do their best work.