junior · Posted May 13, 2026
$84,600 – $132,000
USD per year

About this role

Principal Financial is hiring a junior-level Associate, Quantitative Research Analyst based in Des Moines, IA. The posting calls out experience with Python, AWS, Data Analytics. Compensation is listed at $84,600–$132,000 per year.

Level
junior
Location
Des Moines, IA
Department
Investments
Posted
May 13, 2026

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Job description

from Principal Financial careers

What You'll Do Investment Solutions is seeking a Associate, Quantitative Research Analyst for our pension line of business.The analyst will also support broader asset modeling, analytics, and ALM initiatives across multiple business lines. Maintain pension liability models across our defined benefit pension plans using PFaroe or proprietary systems. Produce quarterly funded status tracking reports for pension clients. Perform regular asset/liability optimization analyses for pension clients based on customized objectives. Provide asset/liability modeling (ALM) support for existing clients and prospects. Support development of proprietary pension analytics software. Deliver modeling support for Insurance, Capital Markets, Endowment, Foundation, and Nonqualified (NQ) plans. Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $580 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 13 consecutive years! Check us out at www.principalam.com! Who You Are Bachelor’s degree in actuarial science, finace, mathematics, statistics, engineering, or a related quantitative field. Two plus years of experience in actuarial analysis, asset/liability modeling,or investment analytics. Experience with ALM platforms such as PFaroe, ProVal, or custom actuarial modeling systems. Quantitative and analytical background, with the ability to…

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