Associate Actuary or Assistant Financial Director

What You'll Do

We are hiring for an Associate Actuary or Assistant Financial Director in Treasury on the Capital Management and Reporting team. You’ll play a critical leadership role in shaping Principal’s capital deployment, management, and strategy. You’ll provide technical expertise, strategic insights, and forward‑looking analysis to help steward the financial strength of the enterprise. In this role, you will influence capital decisions across business segments, guide executive leadership on capital positioning, and own the development and communication of key capital metrics.

Key Responsibilities

• Lead enterprise capital reporting and analysis, serving as the authoritative source for understanding capital positions across entities and at the total‑company level.
• Provide strategic guidance to the CFO and Treasurer on both short‑ and long‑term capital positioning, offering recommendations and actions that directly influence financials, shareholder perception and enterprise value.
• Develop and maintain organic capital profiles that support enterprise decisions and value regarding capital deployment to support organic growth across business operations.
• Partner with Investor Relations and Capital Strategy & Markets to help shape and communicate Principal’s capital philosophy to external stakeholders.
• Drive analytical, project, and framework development work in support of the enterprise finance and capital strategy.
• Cultivate strong partnerships across the organization, including Treasury, Finance, Risk, and Business Units, to ensure alignment and execution of capital goals.
• Develop yourself and others, including building executive presence through regular interactions with senior leaders and supporting succession planning for team leadership.
• Perform additional responsibilities and special projects that enhance capital management, strategy, reporting, or organizational capabilities.

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 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 business field supported
• Must maintain continuing education requirements as specified by the 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

• A Fellow of the Society of Actuaries, or global equivalent, or Enrolled Actuary

Salary Range Information

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

The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. 

• Associate Actuary or Assistant Financial Director: $127,000 - $171,000 / year
• Actuary or Financial Director: $141,000 - $191,000 / year

Time Off Program

Pension Eligible

Location & Work Environments

This role is hiring in Des Moines, IA and offers in-office & hybrid (blending at least three office days in a typical workweek) work arrangements. You’ll work with your leader to figure out which option may align best based on several factors.

Job Level

We’ll consider talent at the next level (Actuary or Financial Director) with the right experiences and skills.

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 and 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 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.

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