Retirement Benefit Analyst V

What You'll Do

As a Retirement Benefit Analyst V, you will be responsible for updating and maintaining accurate Defined Benefit participant records. This is a great opportunity for those with strong Defined Benefit knowledge and attention to detail.

We are looking for someone who thrives on using their analytical skills, enjoys collaborating with a wide variety of internal partners, and can develop tools and processes to meet the needs of an evolving retirement services landscape.

Other types of things you’ll do:

• Complete assigned projects, including gathering and organizing information/data, processing benefit calculations and analysis. Identify and implement areas for improvement including the development of new tools and processes.
• Provide pension technical assistance to business partners involving research, calculation analysis and solving questions and problems. Articulate technical benefit information to internal and external parties.
• Analyze and review of benefit information; may involve performing quality reviews.
• Mentor team members and act as a SME expert to all defined benefit areas. Write and maintain procedures, as needed.
• Performs other job-related duties and special projects as required.

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 or equivalent experience (preferably in a major related to analytical fields, including Math, Actuarial Science, Statistics)
• 5+ years of work related experience in defined benefit pension field required
• 3+ years of previous experience using defined benefit systems preferred
• Must be able to interpret complex plan provisions
• Strong mathematical, technical and analytical skills along with keen attention to detail
• High integrity and discretion to ensure the confidentiality of client information.
• Must have strong decision making and organizational skills
• Must have strong mentoring, interpersonal and listening skills
• Must be a team player and a positive influence in a team environment
• Knowledge of spreadsheet and database or similar PC software packages, is required

• Excellent mathematical and analytical skills.
• Knowledge of SQL, XML, VBA, or other programming languages.
• Must be able manage a large workload and prioritize accordingly with willingness and flexibility to work overtime, as needed.

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.

$69300 - $145400 / year

The following levels and locations are examples of market-specific salary ranges across different job levels and geographies. Candidates will be evaluated to determine the appropriate job level based on their skills and experience.

• Wichita, KS: $69,300 – $87,500 / yr
• Des Moines, IA: $73,150 – $92,750 / yr
• Charlotte, NC: $77,000 – $98,000 / yr
• Chicago, IL / Minneapolis, MN: $84,700 – $108,500 / yr
• Los Angeles, CA / New York City, NY: $92,400 – $119,000 / yr

• Wichita, KS: $84,600 – $107,300 / yr
• Des Moines, IA: $89,300 – $113,650 / yr
• Charlotte, NC: $94,000 – $120,000 / yr
• Chicago, IL / Minneapolis, MN: $103,400 – $132,700 / yr
• Los Angeles, CA / New York City, NY: $112,800 – $145,400 / yr

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,…