Life Sciences Associate

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

• Contract Type: Permanent, full-time
• Location: London, St Pauls
• Department: Life Sciences

Primary Responsibilities

• 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

• 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

• 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

• 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.