Hybrid Actuary presso Principal Financial Group

What You'll Do:

We’re looking for an Actuary to join our Financial Reporting team in Retirement and Income Solutions (RIS). In this role, you will be responsible for managing and providing expert guidance on complex actuarial valuations and financial reporting processes.

Additional Responsibilities Include:

• Calculate and analyze reserves across multiple accounting bases (US GAAP, US Statutory, and Tax).
• Leverage your technical expertise and strategic thinking to ensure reasonable assumptions are used for financial reporting, while ensuring compliance with actuarial standards of practice.
• Work collaboratively with cross-functional teams, you will provide valuable insights and consulting to support business decisions, manage risks, and drive innovative solutions that enhance our financial reporting processes.
• Lead and inspire a talented retirement valuation team, driving innovation in actuarial techniques and methodologies that shape industry-leading solutions
• Be at the forefront of regulatory changes, serving as our compass to navigate complex compliance landscapes while developing creative, efficient solutions
• Spearhead transformative projects as a subject matter expert, bringing your unique perspective to solve challenging problems and drive strategic initiatives
• Mentor and develop future finance leaders, fostering an environment of growth, collaboration, and excellence
• Build sustainable processes and infrastructure that position the team for long-term success, including automation, documentation, and knowledge-sharing frameworks

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 or equivalent required
• A Fellow of the Society of Actuaries, or global equivalent, 8+ years actuarial experience required
• 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
• Basic knowledge of actuarial valuation and insurance company financial reporting.
• Must maintain continuing education requirements as specified by the SOA or AAA
• Strong communication and collaboration skills

Skills That Will Help You Stand Out

• Knowledge of retirement and annuity products
• Retirement and annuity valuation experience, including PBR valuations
• Experience with modeling platforms or valuation systems (MG ALFA, CASE, Prophet, etc.)
• Formal leadership experience

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:$137000 - $185000 / yearTime 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:YesAdditional Information:

Our Actuary Culture

Principal offers our actuarial community the opportunity of a large consulting firm alongside a culture of flexibility, support, and steadfast collaboration. We empower our team to cultivate a tailored approach to life and work while pursuing opportunities that keep them engaged, energized, and able to invest in what matters.

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, Charlotte, NC, and Raleigh, NC). 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 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):8/19/2025Latest Post Date: Careers - US:8/19/2025

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