Delta Dental of Washington · 5 hours ago
Senior Pricing Strategy Analyst
Seattle, WA
Full-time
Hybrid
Mid, Senior Level
$82K/yr - $117K/yr
4+ years expDelta Dental of Washington is seeking a Senior Pricing Strategy Analyst to play a pivotal role in shaping their pricing approach across insurance products. The successful candidate will utilize analytical skills and business acumen to influence growth and profitability through data-driven pricing decisions.
Health Care
Responsibilities
Analyze pricing data, claims utilization patterns, business inputs and market trends to inform pricing decisions
Develop forward-looking/predictive pricing models that incorporate DDWA’s target margin, expected trends in provider fees, claims utilization and administrative costs
Collaborate with sales, marketing, finance, and product teams to align pricing strategies with business objectives
Develop comprehensive understanding of profitability of available product and pricing models (e.g. shared savings)
Understand and enhance sales pricing and negotiating approaches, including customer total cost of ownership
Work with finance to understand cost structures and margin requirements
Extract, clean, compile and analyze large datasets from multiple sources including claims and Finance ERP systems, corporate data warehouse and external market data
Create comprehensive reports and presentations for senior management
Monitor key performance indicators (KPIs) such as by customer profitability by segment, underwriting gain by customer and loss ratios by customer and segment
Develop automated reporting tools and dashboards to streamline pricing analysis processes
Evaluate risk factors and their impact on pricing across different customer segments and geographical regions
Collaborate with underwriting teams to assess individual risk profiles and pricing exceptions
Analyze emerging risks and their potential impact on existing pricing structures
Qualification
Required
Bachelor's degree in Finance, Economics, or related quantitative field
4-6 years of experience in pricing, financial analysis or business analytics. Insurance industry experience is a plus
Advanced Excel skills
Experience with relational databases and data warehousing (e.g. Snowflake)
Experience with Business Intelligence tool integration; ability to connect tools such as Tableau or Power BI with enterprise systems for automated reporting
Strong analytical and problem-solving abilities with attention to detail
Ability to translate complex analytical findings into clear business recommendations
Excellent written and verbal communication skills
Project management skills with ability to handle multiple priorities and meet deadlines
Preferred
Knowledge of health insurance fundamentals and/or previous experience in a regulated industry
Knowledge of predictive modeling techniques and machine learning applications
Experience with data visualization tools (Tableau, Power BI, etc.)
Self-starter with strong problem-solving skills and attention to detail
Benefits
Highly competitive medical, dental and vision plans
Generous 401k match
Accruing vacation and sick time from their very first day
Tuition reimbursement plan
Professional development plans
Employee-led communities
Company
Delta Dental of Washington
Delta Dental of Washington is Washington's leading dental benefits company.
201-500 employees
H1B Sponsorship
Delta Dental of Washington has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (2)
2022 (3)
2021 (2)
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
SMILE Health
2023-08-08Non Equity Assistance
Leadership Team
Laura Smith
President and CEO
Ryan Bartlett
VP of Finance & Chief Financial Officer
Recent News
Arkansas Business — Business News, Real Estate, Law, Construction
2025-03-18
2025-01-31
Company data provided by crunchbase