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.[

You'll also have the opportunity to:

• 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!

Who You Are

• 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 Range Information

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

$123000 - $167000 / year
Time Off Program

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.
Pension Eligible

Yes
Additional Information

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek). You'll work with your leader to figure out which option may align best based on several factors.

Work Authorization/Sponsorship

At this time, we're not considering candidates 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 Global Investors 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

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees - individually and all of us together. Explore our core values, benefits and why we're an exceptional place to grow your career.

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.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date

4/9/2025
Most Recently Posted Date

4/9/2025