Summary
Overview
Work History
Education
Skills
Languages
Timeline
Generic

Abimbola Oyeyemi

Edmonton,AB

Summary

A passionate and result-driven individual with a strong background in pricing strategy development, financial analysis, Actuarial analysis, Data analysis, and market research. Skilled in identifying pricing opportunities, optimizing pricing models, and implementing pricing strategies to drive profitability and revenue growth. Proficient in data analysis and modeling tools.

I have a proven track record of analyzing market trends, competitor pricing, and customer behavior to make data-driven pricing decisions. seeking to leverage pricing analytics expertise to drive revenue growth for a dynamic organization.

Overview

13
13
years of professional experience

Work History

Senior Analyst - Underwriting - Specialty Lines

Co-operators
06.2023 - Current
  • Performing pricing analysis for various portfolios within the specialty team
  • Performing peer review on the top 10 target operations in the Specialty line
  • Conducts data analysis to support pricing decisions and risk assessments.
  • Prepares and presents reports on pricing strategies and performance metrics.
  • Prepares and analyzes trends, profitability, and experience studies of various portfolios within the specialty line.
  • Collects and analyzes competitive pricing intelligence from customers and field contacts to provide insightful financial analyses and business intelligence to facilitate strategic pricing and business decision-making.
  • Maintain and monitor dashboards and scorecards to better understand underwriting performances and meet organizational goals.
  • Implement new processes and workflow improvements by working with internal stakeholders to accommodate increasing pricing complexity and volume.
  • Prepare portfolio competitive analysis for key accounts.
  • Mentor junior analysts, fostering professional development while enhancing overall team performance.
  • Collaborate with cross-functional teams to identify areas of improvement, leading to increased operational effectiveness.
  • Improving company efficiency by developing key performance indicators and tracking metrics.
  • Deploying predictive analytics models to forecast future trends.

Financial Analyst - Commercial Underwriting

Intact Financial Corporation
07.2021 - 06.2023
  • Enhanced forecasting accuracy through development of sophisticated financial models and tools.
  • Streamlined financial reporting for better decision-making with clear, concise analysis and presentation.
  • Conducted detailed financial analysis to identify and evaluate changes in operations, trends and potential areas of improvement.
  • Facilitated smooth month-end close processes by efficiently reconciling accounts and addressing discrepancies promptly.
  • Managed a diverse portfolio of commercial underwriting accounts
  • Analyzed and secured underwriting data, performed financial analysis and applied critical thinking on underwriting decisions and client relationship issues
  • Assessed risk and appropriately recommended approval of new and existing business
  • Prioritized workflow to maximize productivity and meet deadlines

Commercial Line Underwriter

Peace Hills Insurance
12.2020 - 06.2021
  • Negotiated coverage, policy pricing, and service delivery during meetings with customers, agents or brokers.
  • Developed comprehensive underwriting guidelines, ensuring consistency across the team''s decision-making process.
  • Assessed new and renewal applications for financial liabilities and risk levels.
  • Maintained compliance with regulatory requirements by staying informed of changing laws and adjusting procedures as needed.
  • In-depth risk analysis as well as providing timely and accurate quotations for new and existing transactions

Senior Actuarial Analyst - Pricing

AXA
02.2014 - 10.2019
  • Pricing, Reserving & Product Development
  • Presented findings from actuarial analyses to executive leadership teams for informed decision-making on business objectives.
  • Prepared a detailed technical valuation and reserving report monthly, annually, and bi-annually for the P&C portfolio.
  • Carried out an annual and bi-annual portfolio review and burning cost (frequency and severity adjustment and reconciliation) analysis for the P&C portfolio.
  • Provided actuarial inputs and assumptions for product development and internal pricing model.
  • Reviewed and updated pricing and rating models and assumptions.
  • Assisted in product development and pricing modeling for our personal and commercial business.
  • Monitoring / Experience Analysis
  • Handled the development and preparation of loss ratio reports and claims analysis for product portfolios.
  • Analyzed data and provided analytical summaries to arrive at the recommendation to improve pricing strategies.
  • Prepared and analyzed trends, profitability, and experience studies.
  • Applied knowledge of mathematics, probability, statistics, principles of finance, and business to problems in insurance
  • Built an in-house pricing template which helped improve the performance of the Fire portfolio from a Combined ratio of 120 to below 100.Streamlined reserving processes for increased efficiency and reduced discrepancies in financial reporting.

·

Senior Financial Analyst

AXA
12.2011 - 02.2014
  • Improved budget forecasting through meticulous monitoring of expenses and revenue streams.
  • Prepared monthly and quarterly profitability reports to assess the company’s performance and made presentations to management.
  • Proactively monitored and contributed to delivering costs targets and investment results using the monthly Operating Performance Report (OPR) as a tool which drove down costs by 5%
  • Assessed budgetary performance weekly and monthly to keep departments in line with standards, reduce expenses and address losses and discrepancies.
  • Developed and monitored relevant KPIs for teams and carried out portfolio performance analysis.
  • Prepared product profitability reports and made recommendations on product discontinuance/review to management.
  • Maintained a robust yearly industry database and peer review for the top 10 insurance companies to highlight and compare relative performance and made recommendations where required
  • Built an in-house dashboard that detailed trends and forecasts for revenue, profitability, and expenses, providing key insight on resource allocation
  • Maximized company resources by performing ad-hoc analyses supporting cost reduction initiatives across departments.
  • Provided valuable insights by leading monthly variance analysis reviews between actual results and budget/forecast expectations.
  • Facilitated accurate expense tracking through diligent maintenance of general ledger accounts and reconciliations.

Education

Bachelor of Science - Statistics

Olabisi Onabanjo University
Nigeria
04-2009

Skills

  • Financial, Statistical and Data Analysis
  • Pricing and Actuarial analysis
  • Advanced knowledge of Microsoft Office
  • Knowledge of Power BI , VBA and R
  • Excellent analytical skills
  • Strong communication and interpersonal skills
  • Competitive Analysis and Statistical modeling
  • Project Management
  • Workflow Analysis
  • Trend Analysis
  • Data compilation & Statistical Analysis
  • Financial Forecasting and modeling

Languages

English
Full Professional

Timeline

Senior Analyst - Underwriting - Specialty Lines

Co-operators
06.2023 - Current

Financial Analyst - Commercial Underwriting

Intact Financial Corporation
07.2021 - 06.2023

Commercial Line Underwriter

Peace Hills Insurance
12.2020 - 06.2021

Senior Actuarial Analyst - Pricing

AXA
02.2014 - 10.2019

Senior Financial Analyst

AXA
12.2011 - 02.2014

Bachelor of Science - Statistics

Olabisi Onabanjo University
Abimbola Oyeyemi