We're looking for an Assistant Actuary or Financial Analyst V to join the Integrated Finance Solutions team. This role will act as an Actuarial Model Consultant where you will own and manage centralized MG-ALFA models and Integrate processes to serve Business Unit modeling needs across a variety of actuarial functions.. Collaboration and communication with Actuaries, Accountants, and IT professionals across the Enterprise are essential. You will be the key contact to synthesize business needs into actionable steps and develop appropriate model solutions while adhering to industry best practice development standards. Talent and passion for actuarial modeling are a requirement to be successful in this role!
- Meet Business Unit modeling needs through deep model expertise, including but not limited to: End-to-end model process knowledge and troubleshooting capabilities, ALFA/Integrate development skills and feature engineering, accountability for technical components of all respective Business Unit models in ALFA/Integrate
- Own month-end control process execution and change validation
- Manage model risk through attention to detail, thorough change validation, and an accountability mentality
- Apply Life Insurance and/or Annuity product knowledge to understand and explain model outputs and change impacts
- Build positive and productive relationships with business unit model owners to define and deliver key objectives that drive value for the business
- Influence key partners across the organization to drive efficient actuarial processes
- Effectively work as part of the broader Enterprise Modeling Team and collaborate with IT, Accounting, and other areas to understand capabilities and value alignment.
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 or Master's degree in Actuarial Science or related field
- Fellow of the Society of Actuaries preferred. Open to a Financial Analyst with extensive modeling experience.
- 4+ years of actuarial work experience required
- Strong analytical and effective communication and presentation skills
- Knowledge of Individual Life Insurance and/or Annuities
- Knowledge of MG-ALFA or other actuarial modeling platform
- Knowledge of actuarial processes, including Valuation (STAT & GAAP), Cash Flow Testing, and Forecasting Knowledge of spreadsheets, technical skills, or the ability to learn is preferred
- Able to direct the work of others and assist in their education and development
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
$100800 - $182400 / 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), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You'll work with your leader to figure out which option may align best based on several factors.
Job level
We'll consider talent at the next level with the right experiences and skills.
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.
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.
Date First Posted (TTF)
6/16/2025
Latest Post Date: Careers - US
6/16/2025
LinkedIn Remote Hashtag
#LI-Remote