Equity Analyst, Healthcare - Therapeutics Specialist

What You'll Do

Role summary: Principal's Global Equity team is searching for an experienced Therapeutics Equity Analyst to join our research team within the Healthcare sector. This candidate will work with a diverse team of portfolio managers and dedicated sector analysts supporting proprietary research and investment recommendations.

• Generate alpha through investment recommendations based upon in-depth, detailed proprietary analysis of therapeutics companies globally leveraging: comprehensive clinical pipeline, trial data, commercial forecasting / competitive market positioning assessments, relevant medical and scientific publications / meeting updates, and FDA regulatory developments and policy actions / announcements.
• Interact frequently with company management, industry experts, and other stakeholders to gather differentiated and convicted qualitative and quantitative insights.
• Partner closely with Healthcare sector team leads, senior therapeutics analysts, and portfolio managers to provide out performance through stock selection while working within the framework of our research process and portfolio constraints.
• Build and maintain detailed financial and market-oriented models to forecast company performance, incorporating macroeconomic and industry-specific factors.
• Generate timely, actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions.
• Maintain research coverage of existing investments within the therapeutics for multiple portfolios.

• 5+ years equity investment experience with a minimum of three years dedicated to therapeutics.
• Strong background in the healthcare sector, specifically within therapeutics.
• Scientific foundation in biology, oncology, or a related field strongly preferred.
• Proven track record of generating consistent alpha contributions through actively covered investment recommendations.
• Ability to distill and communicate complex scientific data into actionable investment insights.
• Possess best-in-class analytical skills, including extensive therapeutics industry knowledge, fundamental company analysis, and financial modeling.

• Advanced degrees (PhD, MD) in life sciences or healthcare-related fields; MBA or Master of Science in finance also a plus, but not required.
• 2+ years buy-side experience.
• Entrepreneurial mindset; self-starter with a desire to build out individual franchise within a Healthcare dedicated team.
• Private transaction experience a benefit; preferred background is primarily in public equities.
• Exceptional written and verbal communication skills.
• Knowledge of various financial applications such as Fact Set, Bloomberg, Alpha Sense.

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)

$137000 - $236000 / 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.

No

We’re open to considering in-office or hybrid talent. Locations include New York City, Chicago, Seattle, Denver, or Des Moines. You’ll work with your leader to determine the arrangement which best fits our needs.

When noting compensation expectations on your application, we ask for base pay. The base pay range shown in our description includes two different levels which will be determined by the leader, based on experience. This role will also be eligible for a discretionary bonus based on individual, fund, and firm-oriented performance.

Principal Asset Management includes a market-leading, long-only focused equities platform with $161 billion AUM. Principal offers global asset management expertise across a diverse set of traditional and alternative asset classes totaling over $752.7 billion AUM. Learn more at:

Consistent across all strategies, our approach is to evaluate and select stocks from a broad investment universe and construct portfolios in alignment with specific objectives and risk management parameters. Our conviction is built on differentiated fundamental insights we gather from conducting deep, company-specific research.

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