What You'll Do We’re looking for an Assistant Actuary to join our Specialty Benefits Division Finance & Reporting team. In this role, you’ll focus on Individual Disability Insurance (IDI) finance functions coordinating development of our model to support strategic initiatives! You'll be part of an environment that values open communication, innovation, and a shared commitment to success, ensuring you have the resources and encouragement to thrive both personally and professionally. Maintaining and updating financial forecasts to reflect business strategy, market changes, investment mix, and updated experience. Creating scenario analyses for stress and sensitivity testing on various forecasts. Supporting implementation of new models to be used in valuation, forecasting, scenario modeling, and investment management. Coordinating with cross-business unit peers to maintain consistency of modeling work. Who You Are Bachelors or master's degree in Actuarial Science or related field FSA designation or expected to achieve FSA designation within one year in position 2+ years of actuarial work experience required Strong analytical and effective communication and presentation skills Knowledge of spreadsheet and database or similar PC software packages, or the ability to learn, is preferred Ability to direct the work of others and assist in their education and development Skills That Will Help You Stand Out Expedience working with MG-ALFA Past experience with disability products Experience in financial reporting and/or risk modeling 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) $95200 - $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. Who We Are 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! 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 10/23/2024 Most Recently Posted Date 10/23/2024 LinkedIn Remote Hashtag #LI-Remote LinkedIn Hashtag #LI-LT1