What are the responsibilities and job description for the Senior Pricing Strategy Analyst position at Delta Dental of Washington?
Are you ready to turn data into strategy? We are seeking a Senior Pricing Strategy Analyst to play a pivotal role in shaping our pricing approach across insurance products and markets. The successful candidate will combine analytical precision with business acumen to influence growth, profitability and our competitiveness in the market. We are looking for someone who is passionate about uncovering insights, building models, and guiding key pricing decisions that drive measurable results.
Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza believe everyone deserves good oral and overall health, with no one left behind. We succeed because of a shared commitment to a set of values that guide everything we do – for our customers, for our communities, and for each other. We are Accountable. We lean in with Courage. We stay Curious. We are Inclusive. We act with Integrity.
We offer a highly competitive medical, dental and vision plans as well offering a generous 401k match and all employees start accruing vacation and sick time from their very first day. We empower employee development through our tuition reimbursement plan, professional development plans, and employee-led communities.
The pay range for this position In Western Washington varies between $81,900 – $116,550, and for Eastern Washington varies between $71,411 - $101,623. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza Corp. intends to offer the selected candidate a base pay within this range, dependent on job-related, non-discriminatory factors such as experience. Base pay will also be adjusted based on the candidate's geographic location.
Essential Responsibilities include the following: The list of responsibilities listed is not intended to be comprehensive. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza reserve the right to change the responsibilities at any time with or without notice.
Pricing Analysis & Modeling
We are committed to the highest standards of information security and HIPAA compliance, ensuring the confidentiality, integrity, and protection of all data. All staff are expected to support this commitment by following relevant policies.
Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza believe everyone deserves good oral and overall health, with no one left behind. We succeed because of a shared commitment to a set of values that guide everything we do – for our customers, for our communities, and for each other. We are Accountable. We lean in with Courage. We stay Curious. We are Inclusive. We act with Integrity.
We offer a highly competitive medical, dental and vision plans as well offering a generous 401k match and all employees start accruing vacation and sick time from their very first day. We empower employee development through our tuition reimbursement plan, professional development plans, and employee-led communities.
The pay range for this position In Western Washington varies between $81,900 – $116,550, and for Eastern Washington varies between $71,411 - $101,623. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza Corp. intends to offer the selected candidate a base pay within this range, dependent on job-related, non-discriminatory factors such as experience. Base pay will also be adjusted based on the candidate's geographic location.
Essential Responsibilities include the following: The list of responsibilities listed is not intended to be comprehensive. Washington Dental Service and its affiliates, including Arcora Foundation, Delta Dental of Washington, and TriForza reserve the right to change the responsibilities at any time with or without notice.
Pricing Analysis & Modeling
- 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
- 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
- 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.
We are committed to the highest standards of information security and HIPAA compliance, ensuring the confidentiality, integrity, and protection of all data. All staff are expected to support this commitment by following relevant policies.
Salary : $81,900 - $116,550