Financial Analyst I

As a Financial Analyst joining our Business Owner Segment Actuarial Team, you'll blend technical analysis with business partnership, leveraging tools such as Excel, SAS, and R to support actuarial studies, reporting, and product performance analysis. In this role, you'll work on a variety of projects ranging from experience studies and in-force pricing analysis to supporting new product implementations and ongoing business operations. You'll also collaborate closely with actuarial teams and internal partners, providing analytical support and helping resolve questions related to in-force policies.

This is an excellent opportunity for someone who enjoys combining technical problem-solving, financial analysis, and cross-functional collaboration to drive meaningful business outcomes.

• Analyze and interpret financial, actuarial, and operational data to support life and disability insurance products.
• Conduct experience studies and in-force product analysis to evaluate trends, performance, and profitability.
• Develop reports, models, and insights using analytical tools such as Excel, SAS, and R.
• Partner with actuarial, product, and business teams to support strategic initiatives, product launches, and ongoing business needs.
• Provide analytical support and respond to inquiries related to existing policies, product performance, and business operations.

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!

• Bachelor's degree in math, actuarial science, finance or related field or equivalent experience required
• Must have strong problem solving, leadership and analytical skills
• Good oral and written communication skills required
• Experience/Familiarity with Excel (work with formulas, pivot tables, macros, etc..)

Skills That Will Help You Stand Out

• Aptitude in programming languages SAS and R is preferred
• Experience in Life Insurance

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. 

• Financial Analyst I: $24.21 - $32.43 / hour (Non-Exempt)
• Financial Analyst II: $58,900 - $79,800 / year (Exempt)

Work Environments

This role offers in-office and hybrid (blending at least three office days in a typical workweek) work arrangements in Des Moines, Iowa.

Job Level

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

Financial Analyst II:

• Bachelor's degree in math, actuarial science, finance or equivalent experience required
• 1+ years of relevant work experience preferred

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.