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What You'll Do

We’re looking for an Associate Actuary or Actuary to join our Corporate Actuarial team. In this role, you’ll help drive capital deployment strategies, support both business unit and enterprise-wide strategic projects, contribute to strategic decision-making, and support the management of our exited businesses. You'll have the opportunity to shape financial outcomes, optimize risk management, and provide insights that enhance business performance!

+ Direct and provide analytical leadership for areas of responsibility including, but not limited to: product design and pricing, risk management, financial reporting, or consulting with external clients.

+ Research and stay apprised of changes in pertinent regulations to ensure compliance in analysis and decision making.

+ Apply actuarial analysis in the development and maintenance of sound, efficient, and accurate systems to support calculations and recommendations.

+ Lead or participate in business unit or cross company projects as a subject matter expert. Provide analytical and research-based consultation to achieve cost effective and strategic solutions.

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's degree or equivalent required

+ A Fellow of the Society of Actuaries, or global equivalent, or Enrolled Actuary and 6+ years actuarial experience required.

+ Knowledge of pertinent laws, regulations, the Actuarial Standards of Practice promulgated by the Actuarial Standards Board, and the Code of Professional Conduct of the AAA and the SoA is required

+ Basic knowledge of financial statements and financial services.

+ Must maintain continuing education requirements as specified by either SOA or AAA

+ Good communication skills and knowledge of spreadsheet and database or similar PC software packages, or ability to learn, are preferred

Skills That Will Help You Stand Out

+ Background experience creating or working in financial models.

+ Experience in financial services, working with a range of products.

We'll consider talent at the Associate Actuary or Actuary level based on experience 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)

$123000 - $185000 / 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

3/31/2025

Most Recently Posted Date

3/31/2025

LinkedIn Remote Hashtag

\#LI-Remote