Overview The Actuary leads the rate review process for multiple lines of business to achieve Farm Mutual business objectives. Responsibilities include competitor analysis, review of company and client (mutual) experience, assessment of industry trends, application of predictive modeling techniques, and ensuring compliance with regulatory requirements. These analyses help influence strategic direction. Grinnell Mutual has been recognized 14 years in a row for being one of Iowa's Top Workplaces, four years running as a national Top Workplace USA winner, and three years as an international Gallup Exceptional Workplace. Since 1976 Grinnell Mutual has been rated A (Excellent) or higher by AM Best. This position qualifies for our flexible workplace options. Work at our Grinnell, Iowa, headquarters or from a home office in any of the following states: Alabama, Arizona, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Dakota, Tennessee, Texas, Virginia, Wisconsin, and Wyoming. Please note that candidates must be eligible to work in the U.S. without Grinnell Mutual sponsorship. Responsibilities - Reviews mutual experience by line of business and performs actuarial analyses including rate indications and relativity analysis. - Performs competitive analysis using competitor filings to support the development of marketable rating plans. - Develops and refines rating structures considering pricing competitiveness, systems impact, and regulatory requirements. - Develops new insurance products and innovates rating plans. - Analyzes product profitability and sensitivity to key assumptions, providing insights for pricing and underwriting. - Analyzes loss data and renders opinions to support premium growth and risk mitigation. - Assesses and quantifies financial, market, and operational risks. - Improves financial decision-making by developing models to evaluate financial implications of uncertain future events. - Presents rate proposals to management and collaborates on implementation of rate actions. - Provides actuarial support for filings, creates specifications for rate and methodology changes, and oversees regulatory filings, including certification. - Monitors statutes, regulations, and bulletins to determine pricing impacts and ensure compliance. - Uses data mining and predictive modeling techniques to identify patterns and relationships. - Analyzes and cleans data, presenting findings clearly and accurately. - Utilizes modeling and analytical software proficiently (e.g., Excel, SQL, R, Python). - Determines data requirements and definitions with system management and evaluates data accuracy. - Assesses the company’s position and recommends strategies to achieve optimal profitability. - Evaluates and proposes alternative business strategies. - Reviews existing processes and controls, providing recommendations and documenting improvements. - Assesses actuarial implications of business decisions. - Participates in peer reviews to ensure quality and drive innovation. - Assists internal departments with inquiries related to rates, rules, and pricing. - Makes presentations and responds to external customer inquiries. - May represent the company with regulators, auditors, and other external partners. - Trains and mentors staff on rating procedures and identifies training needs for new associates. - Coordinates cross-functional efforts and influences outcomes without direct authority. - Maintains strong relationships across departments and levels. - Travel required as business needs dictate. - Performs other duties as assigned. Qualifications - Bachelor’s degree in Actuarial Science, Statistics, Mathematics, or related field. · ACAS required; FCAS preferred. - At least five years of P&C pricing or ratemaking experience; reinsurance knowledge preferred. - High proficiency in Excel and analytical tools (SQL, R, Python). - Strong communication skills with the ability to interpret technical documents and respond to stakeholders. - Effective presenter to senior leaders, industry groups, and/or boards. - Demonstrates uncompromising integrity and professional ethics. - Exceptional analytical and problem-solving skills; able to work with abstract variables and draw sound conclusions. - Effective time management; able to manage multiple projects and adapt to changes and interruptions. - Strong business and product acumen; sound judgment under pressure. - Strong interpersonal, collaboration, and negotiation skills. - Ability to work independently or as part of a team. - Able to drive continuous improvement and innovation. - Must maintain confidentiality and adhere to all company policies and core values. Working conditions and physical efforts To perform this job successfully, an individual must be able to perform each job duty and responsibility satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform job duties and responsibilities. - Work may be fast-paced with multiple projects and tight deadlines; hours outside core schedule may be required. - This position follows the company’s Work from Anywhere guidelines, ensuring business needs are met. - Requires extended periods of stationary computer work. - Internal contacts include project managers, analysts, finance, underwriting leadership, reinsurance leadership, and operations divisions. - Frequent work with state regulators and occasional contact with auditors. This job description is not intended to describe, in detail, the multitude of tasks that may be assigned, but rather to give the employee a general sense of responsibilities and expectations of his/her position. As the nature of the business demands change, so too may the job duties and responsibilities.

• Perform actuarial analyses and modeling to support client engagements, including asset modeling, cash flow testing, financial projections, and reporting. • Build, enhance, and maintain actuarial and financial models used for valuation, forecasting, pricing, and risk management. • Produce clear, well-documented, and accurate work products that meet internal quality standards and client expectations. • Assist with statutory, GAAP, and international reporting requirements, including Bermuda-specific reporting where applicable. • Communicate analytical results and methodology to project team members and, as appropriate, participate in client meetings or calls under supervision. • Work with senior actuaries to support business development activities, including research, model development, and proposal support. • Balance multiple projects and deadlines in a fast-paced consulting environment. • Occasional domestic and international travel for client work or business development activities.

At Prime Therapeutics (Prime), we are a different kind of PBM, with a purpose beyond profits and a unique ability to connect care for those we serve. Looking for a purpose-driven career? Come build the future of pharmacy with us. Job Posting Title Principal Actuary - REMOTEJob Description The Principal Actuary is responsible for supporting the development of actuarial concepts and providing thought leadership for Prime’s existing and potential owners and clients. This position will collaborate with the Senior Principal Actuary to provide strategic consulting support, manage the development of innovative actuarial modeling concepts, and provide pricing support for all lines of business. This position will also lead complex projects that are highly visible to executives and across the organization. Responsibilities - Collaborate as a subject matter expert (SME) with underwriters, other areas of Prime, and senior management on pricing initiatives, data analyses, and the Request For Proposal (RFP) process - Lead, manage, and review data analyses, reporting, and projections - Lead, manage, and review ad hoc complex pharmacy data mining and analyses to help investigate and answer challenging questions regarding actuarial data and concepts - Provide strategic pricing advice on structures and methodology using market research, financial projections, and complex actuarial modeling - Present results and analyses to key stakeholders, senior management, and clients; answer detailed and challenging questions regarding actuarial data - Lead and mentor Actuarial team members to enhance actuarial knowledge - Monitor the Health Policy environment considering the implication of organization pricing policies, law, and political changes that may impact client programs - Ensure all work is consistent with federal regulations and actuarial standards, as applicable - Other duties as assigned Minimum Qualifications - Bachelor’s degree in Math, Actuarial Science, Economics or Finance - 8 years of actuarial work experience to include 6 years in a healthcare organization or PBM - Actuarial designation (ASA or FSA) - Must be eligible to work in the United States without the need for work visa or residency sponsorship Additional Qualifications - Advanced level of proficiency in Excel; intermediate level of proficiency in SAS, SQL, or VBA - Excellent quantitative, problem solving, and analytical skills - Strong project management and organizational skills - Excellent verbal and written communication skills - Strong client consulting presence - Excellent presentation and facilitation skills Preferred Qualifications - 8 years of actuarial work experience in a healthcare organization or PBM - Previous experience pricing Commercial, Medicare or Medicaid lines of businesses - 5 years of experience in SAS, SQL, or VBA - Previous experience in model building and underwriting or risk adjusted rate setting, or model development - Previous experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients’ complex pharmacy benefit challenges Every employee must understand, comply with and attest to the security responsibilities and security controls unique to their job, and comply with all applicable legal, regulatory, and contractual requirements and internal policies and procedures Every employee must be able to perform the essential functions of the job and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions, absent undue hardship. In addition, Prime retains the right to change or assign other duties to this job. Potential pay for this position ranges from $124,000.00 - $211,000.00 based on experience and skills. To review our Benefits, Incentives and Additional Compensation, visit our Benefits Page and click on the "Benefits at a glance" button for more detail (https://www.primetherapeutics.com/benefits). Prime Therapeutics LLC is proud to be an equal opportunity and affirmative action employer. We encourage diverse candidates to apply, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sex (including pregnancy), national origin, disability, age, veteran status, or any other legally protected class under federal, state, or local law.   We welcome people of different backgrounds, experiences, abilities, and perspectives including qualified applicants with arrest and conviction records and any qualified applicants requiring reasonable accommodations in accordance with the law. Prime Therapeutics LLC is a Tobacco-Free Workplace employer. Positions will be posted for a minimum of five consecutive workdays.

• Collaborate with stakeholders to understand business needs, identify issues, and develop actionable insights into drivers of medical claims trends. • Provide strategic guidance to executives on matters of significance by leveraging strong communication skills to collaborate effectively with stakeholders, present findings to leadership, and document actuarial analyses in accordance with ASOP 41, Actuarial Communications. • Exercise independent judgment and make sound decisions on complex actuarial matters while working with minimal supervision and determining appropriate courses of action based on varying factors. • Analyze and forecast financial, economic, and business data by applying technical knowledge, industry insights, and actuarial modeling to inform strategic and operational decision-making and assess the organization’s financial and competitive position over the short, medium, and long term. • Conduct root cause analyses, establish metrics, and deliver data-driven insights and cost-effective solutions to address data-related issues and support business intelligence initiatives.