Financial Analyst I

What You'll Do As a Financial Analyst joining our Business Owner Segment Actuarial Team, you'll blend technical analysis with business partnership, leveraging tools such as Excel, SAS, and R to support actuarial studies, reporting, and product performance analysis. In this role, you'll work on a variety of projects ranging from experience studies and in-force pricing analysis to supporting new product implementations and ongoing business operations. You'll also collaborate closely with actuarial teams and internal partners, providing analytical support and helping resolve questions related to in-force policies. This is an excellent opportunity for someone who enjoys combining technical problem-solving, financial analysis, and cross-functional collaboration to drive meaningful business outcomes. Analyze and interpret financial, actuarial, and operational data to support life and disability insurance products. Conduct experience studies and in-force product analysis to evaluate trends, performance, and profitability. Develop reports, models, and insights using analytical tools such as Excel, SAS, and R. Partner with actuarial, product, and business teams to support strategic initiatives, product launches, and ongoing business needs. Provide analytical support and respond to inquiries related to existing policies, product performance, and business operations. 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 or equivalent experience required Must have strong problem solving, leadership and analytical skills Good oral and written communication skills required Experience/Familiarity with Excel (work with formulas, pivot tables, macros, etc..) Skills That Will Help You Stand Out Aptitude in programming languages SAS and R is preferred Experience in Life Insurance 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) $24.21 - $38.37 / hour Salary Details The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. Financial Analyst I: $24.21 - $32.43 / hour (Non-Exempt) Financial Analyst II: $58,900 - $79,800 / year (Exempt) Time Off Program Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness. Pension Eligible Yes Work Environments This role offers in-office and hybrid (blending at least three office days in a typical workweek) work arrangements in Des Moines, Iowa. Job Level We’ll consider talent at the next level with the right experiences and skills. Financial Analyst II: Bachelor's degree in math, actuarial science, finance or equivalent experience required 1+ years of relevant work experience preferred 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. Original Posting Date 7/13/2026 Most Recently Posted Date 7/13/2026 Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights.