Job Title: Life Sciences Associate
Contract Type: Permanent, full-time
Location: London, St Pauls
Department: Life Sciences
What the Hiring Manager says….
‘As an Associate in the Life Sciences team, you will be at the heart of our investing activity, working closely with a lean, highly experienced group of senior investors. On any given day, you may be deep in scientific diligence on a new therapeutic modality, building or reviewing financial models, speaking with founders, joining calls with KOLs, supporting portfolio analysis, or meeting companies at industry conferences.
This is a role for someone who wants to learn fast, take ownership early, grow their network across the life sciences ecosystem, and meaningfully contribute to investment decisions. You’ll stretch both your scientific and commercial thinking, supported by a collaborative team that invests in your growth.’
Summary of our opportunity
The Associate role sits at the centre of our investing activity and is responsible for supporting origination, scientific and commercial diligence, and execution of investments across the UK, Europe and the US. You will help deliver high-quality scientific analyses, contribute to financial modelling, and support the investment process from initial screening through to completion. As well as deliver quality scientific analyses, contribute to financial modelling, and support the investment process from initial screening through to completion.‑quality scientific analyses, contribute to financial modelling, and support the investment process from initial screening through to completion.
You will work regularly and play a key role in origination, diligence and execution of investments across Europe and the US, working within a London-based team of experienced scientists and investors. You will help drive investment processes from early screening through to completion, while also supporting portfolio monitoring and contributing to internal strategy discussions. You will also work regularly with senior stakeholders—including Partners, Directors, scientific advisers, and cross-functional experts—to deliver high-quality scientific and financial analysis.
Primary responsibilities for this role include (but are not limited to):
Investment Diligence & Execution
Lead scientific and clinical diligence on therapeutic programs, leveraging your academic or industry background.
Analyse data packages, publications, regulatory filings, and competitive landscapes.
Build and review financial models, including cap tables and valuation scenarios.
Support preparation of investment committee materials.
Coordinate diligence workstreams across internal and external stakeholders.
Deal Sourcing & Ecosystem Engagement
Meet early-stage and clinical-stage biotech companies; evaluate fit with strategy.
Build and maintain a strong network across biotech founders, academics, venture investors, banks, and pharma.
Attend conferences and represent ICG Life Sciences externally.
Portfolio & Team Support
Support oversight of portfolio companies, including attending board or observer meetings as appropriate.
Track clinical and operational progress, reviewing scientific updates.
Contribute to internal portfolio reviews, reporting and analytics.
Provide support on strategic projects, fundraising activities, and market research.
Key Requirements/ Qualifications
You will have demonstrable experience of:
Essential
Advanced degree in a life sciences discipline (PhD strongly preferred; MSc with relevant experience considered).
Experience in biotech or pharma companies, venture capital, academia or life sciences consulting.
Strong ability to interpret scientific data and literature.
Familiarity with diligence processes, drug development pathways, and competitive analyses.
Working knowledge of cap tables and financial modelling (training will be provided as needed).
Ability to work effectively with senior stakeholders within a lean team.
Excellent written and verbal communication skills.
Desirable
Previous investing experience or exposure to venture capital.
Experience working cross-functionally with clinicians, scientists, regulatory or commercial functions.
Existing network within the biotech/therapeutics ecosystem.
Personal Attributes
Personal attributes that will make you successful in this role include but are not limited to:
Essential
Curious, scientifically rigorous, and intellectually proactive.
Organised, process-driven, and able to manage multiple deadlines.
Comfortable taking initiative and working independently.
Strong interpersonal skills and able to work collaboratively in a small team.
Professional, reliable, and able to build trust with internal and external stakeholders.
Desirable
Entrepreneurial mindset and enthusiasm for emerging therapeutic technologies.
Strong relationship-building instincts.
Our Global Benefits Framework is centred around these 3 key attributes:
Wellbeing - Supporting your mental, physical and financial wellbeing as well as your lifestyle needs.
Inclusivity – Fit for purpose and competitive, no matter who or where you are.
Longevity – Long Term and sustainable in design.
Inclusion is one of ICG’s key values and we are committed to creating an equitable and inclusive workplace for everyone. By welcoming different perspectives, we strengthen ICG’s performance, enrich decision-making and contribute to better outcomes for our clients, colleagues, and the markets we serve. Accordingly, our recruitment processes provide equal employment opportunities to all applicants and employees, regardless of age, ethnicity, disability, sex, gender, sexual orientation, religion, or any other characteristic protected by local law.
We are equally committed to delivering an inclusive and accessible candidate experience. If you require information in an alternative format, additional time for assessments, an adjusted interview schedule, or any other support during the recruitment process, please let us know.
