Entrepreneur-in-Residence, Digital Health (LG NOVA) at LG Electronics

Santa Clara, California, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Dec, 25

Salary

270000.0

Posted On

25 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Entrepreneurship, Digital Health, Product Strategy, Business Development, Healthcare Business Models, AI Integration, Cloud Platforms, Venture Capital, Communication Skills, Analytical Skills, Problem-Solving Skills, Team Building, Financial Forecasting, Operational Roadmaps, Rapid Prototyping, Lean Experimentation

Industry

Computers and Electronics Manufacturing

Description

Step into the innovative world of LG Electronics. As a global leader in technology, LG Electronics is dedicated to creating innovative solutions for a better life. Our brand promise, 'Life's Good', embodies our commitment to ensuring a happier life for all. We have a rich history spanning over six decades and a global presence in over 290 locations. Our diverse portfolio includes Home Appliance Solutions, Media Entertainment Solutions, Vehicle Solutions, and Eco Solutions. Our management philosophy, "Jeong-do Management," embodies our commitment to high ethical standards and transparent operations. Grounded in the principles of 'Customer-Value Creation' and 'People-Oriented Management', these values shape our corporate culture, fostering creativity, diversity, and integrity. At LG, we believe in the power of collective wisdom through an inclusive work environment. Join us and become a part of a company that is shaping the future of technology. At LG, we strive to make Life Good for Everyone. About LG NOVA LG NOVA, LG’s North America Innovation Center, is the company’s venture incubation arm based in Silicon Valley. Our mandate is to identify transformative growth opportunities and launch new ventures that shape the future of LG. We partner with startups, enterprises, and public institutions to co-create the next generation of impactful businesses. The Role: Entrepreneur-in-Residence (EIR) We’re seeking an experienced Entrepreneur-in-Residence to lead the incubation of a new digital health venture within LG NOVA. This is a founder-track role focused on developing, validating, and launching a scalable business—culminating in a spin-out backed by our internal venture fund. What You’ll Do: Identify emerging opportunities in digital health, including clinical, wellness, and B2B2C domains. Collaborate with external stakeholders (health systems, payers, life science companies, etc.) to define problems and validate solutions. Secure early pilot partnerships and customer traction Develop and pitch the business case through LG NOVA’s gated venture approval process Negotiate venture funding and spin-out terms with LG’s internal venture capital team Assemble a world-class founding team Build business models, product/service concepts, and go-to-market strategies Lead rapid prototyping, testing, and iteration of product ideas Create and manage financial forecasts and operational roadmaps Experience We’d Like You to Have: 15+ years in startups, corporate innovation, or venture studios, with a proven ability to build and scale businesses 7+ years in product strategy and digital product development, ideally in healthtech, medtech, or wellness Firm grasp of healthcare business models and buyer dynamics across payers, providers, and patients Familiarity with AI, cloud platforms, and software/hardware integration Experience raising capital and working with VCs or corporate venture arms Track record of navigating ambiguity and operating with urgency in white space environments Exceptional communicator with strong analytical and problem-solving skills Bachelor’s degree in business, engineering, computer science, or a related field (advanced degrees a plus) Previous founder or start-up executive experience in digital health preferred Preferred Qualifications Experience with AI-first product development and business model design Understanding of agile venture building and lean experimentation frameworks Deep network across healthcare stakeholders and potential early customers Recruiting Range $185,000—$270,000 USD Benefits Offered Full-Time Employees: No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits. Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options. Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time. Performance based Short-Term Incentives (varies by role). Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives. Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities. Group Rate Life and Disability Insurance. Benefits Offered Temporary/Contractors: Eligible for the relevant benefit programs offered through our partner agencies. Privacy Notice to California Applicants At LG, we aspire to empower people and celebrate differences because we believe diversity will create the unexpected. We provide equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Consistent with our commitment to providing equal opportunity and embracing diversity, LG has implemented affirmative action to ensure applicants are employed and employees are treated without regard to these characteristics. In addition to the above, LG believes that pay transparency is a key part of diversity, equity, and inclusion. Our salary ranges take into account many factors in making compensation decisions including but not limited to skillset, experience, licensure, certifications, internal equity, and other business needs. While we consider geographic pay differentials in final offers, because we operate in many geographies where applicable, the salary range listed may not reflect all geographic differentials applied.

Responsibilities

The Entrepreneur-in-Residence will lead the incubation of a new digital health venture, focusing on developing, validating, and launching a scalable business. This role involves collaborating with external stakeholders, securing partnerships, and building business models and go-to-market strategies.