Associate Actuary

What You’ll Do

We’re looking for an Associate Actuary to join our Internal Audit team. In this role, you’ll lead the execution of internal audits of actuarial and financial processes in accordance with established IIA standards. You’ll develop and maintain strong business relationships within Internal Audit and the global Principal community. If you enjoy digging into varied and complex processes, technologies, and calculations, looking for key risks, controls, and working across business areas to provide assurance on the most important things that help Principal meet its objectives – this role is for you.

• Lead the examination and evaluation of Principal’s actuarial and financial processes against recognized Principal standards, established policies, and Actuarial Standards of Practice (ASOPs).
• Evaluate controls to protect financial calculations and decisions to ensure they are aligned with organizational goals and objectives.
• Identify and assess key risks, controls, and test plans for assurance activities and present audit results in an objective and unbiased manner to stakeholders.
• Quickly assess which objectives are most impactful to company strategy, leverage professional judgement to align audit work to reflect on those objectives, and effectively escalate significant issues and risk exposures to appropriate levels of management.
• Evaluate and negotiate appropriate solutions to complex problems identified by assurance activities and leverage data and analytics to drive additional insight and efficiency in the analysis of audit subjects.
• Lead and collaborate on multiple concurrent projects that have moderate to high complexity.

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.
• A career Associate of the Society of Actuaries, or a Fellow of the Society of Actuaries, with Member of the American Academy of Actuaries designation.
• Audit or risk management experience preferred.
• 6+ years actuarial experience.
• 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.
• Self-motivated with excellent curiosity, problem solving skills and analytical skills.
• Informal leadership skills with the ability to influence and challenge with internal partners and external audit customers.
• Excellent verbal, written, and interpersonal communication skills to reflect relevant facts from audit execution with domestic and globally oriented teams.
• Ability to demonstrate a comprehensive understanding in how they enable Principal’s global business in an ever-changing operational, technical, and regulatory environment.

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.

$127,000 - $171,000 / year

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 do not accrue a bank of time off under FTO and there is no set number of days provided.

Yes

This role offers in-office, hybrid (blending at least three office days in a typical workweek) in Des Moines, IA. You’ll work with your leader to figure…