Associate Actuary

What You’ll Do

We’re looking for an Associate Actuary or Assistant Financial Director to join our Financial Reporting team! In this role, you’ll be responsible for managing the forecast model and driving the forecast process.

Responsibilities Include:

• Collaborate across teams to ensure consistency of modeling, researching results, and improving the forecasting process.
• Responsible for the review and analysis of the financial forecast, synthesizing and communicating the key metrics and messages, and working with business management to ensure alignment on assumptions and results.
• Apply actuarial analysis in the development and maintenance of sound, efficient, and accurate systems to support calculations and recommendations.
• This role may have future people leadership opportunities.

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, plus 6+ years of experience required
• Basic knowledge of business field supported
• 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

• MG‑ALFA experience
• A Fellow of the Society of Actuaries, or global equivalent, or Enrolled Actuary
• 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

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.

$123,000 – $167,000 / 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 don’t 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), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, Charlotte, NC, and Raleigh, NC). You’ll work with your leader to figure out which option may align best based on several factors.

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.

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.

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,…