Assistant Actuary or Financial Analyst V

What You'll Do

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 you will own and manage centralized MG-ALFA/Integrate 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 is essential.

In this role, you’ll 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!

• Meet 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 mindset
• Apply VA/RILA 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 stakeholders 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!

• Bachelor’s or Master’s degree in Actuarial Science or related field and 4+ years of actuarial work experience required
• Fellow of the Society of Actuaries preferred. Open to a Financial Analyst with extensive modeling experience.
• Strong analytical and effective communication and presentation skills
• Knowledge of Variable Annuities and Registered Index-Linked 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 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.

$100800 - $182400 / year

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.

Yes

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.

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent…