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What You'll Do

We’re looking for a Defined Benefit Analyst V to join our Defined Benefit Actuarial Services team. In this role, you’ll lead the data conversion validation efforts for large market clients. You'll deliver meaningful analysis ensuring a smooth conversion, implementation, and ongoing administration for our Defined Benefit clients!

+ Coordinate and collaborate with implementation team to share information about the conversion data, complete data mapping, solve data related issues and load data in test environment.

+ Analyze the conversion data to determine data gaps and develop understanding of content. Collaborate with vendor and client to present analysis and resolve issues / questions.

+ Thorough documentation and communication of data load process, assumptions, and issue resolutions.

+ Lead ongoing payroll implementations with the client and vendors. Identify, map, and communicate ongoing data needs to effectively support the ongoing administration needs.

+ Lead and coordinate the internal and external testing efforts around data components, including active and terminated vested data conversion, retiree payment conversion and payroll set up.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Who You Are

+ Bachelor degree preferably in a major in an analytical field (such as but not limited to Math, Actuarial Science, Statistics), and 5+ years of work related experience in defined benefit pension systems required

+ 3+ years of previous experience working and analyzing large data sets

+ Experience implementing ongoing data feed in support of defined benefit administration functions

+ Proficient in spreadsheet and database software, SQL experience and familiarity with hierarchical data models

+ Strong mathematical, technical and analytical skills along with keen attention to detail and problem solving skills

+ Excellent presentation and communication skills

+ Strong decision making and organizational skills, capability to manage a heavy workload and prioritize tasks effectively.

+ Ability to interpret complex plan provisions, and the ability to think ahead and take proactive measures.

+ High integrity and discretion to ensure the confidentiality of sensitive client data

Skills That Will Help You Stand Out

+ Extensive testing experience, with the ability to perform detailed and precise data validation.

+ Payroll experience or familiarity with payroll systems.

Job Level

We’ll consider talent at the next level with the right experiences and skills.

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$63750 - $147600 / year

Time Off Program

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

Yes

Additional Information

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

3/28/2025

Most Recently Posted Date

3/28/2025

LinkedIn Remote Hashtag

\#LI-Remote