Financial Analyst V

What You'll Do
As a Financial Analyst V on the Capital Strategy & Markets team within Treasury, you'll provide leadership and technical expertise on complex capital management and market-facing initiatives that shape Principal's balance sheet strategy, support sound capital deployment decisions, and strengthen the company's overall financial position.

• Lead and execute analytical and project work in support of the enterprise capital framework, including capital targets, leverage strategy, and deployment mix across dividends, share repurchases, and reinvestment.
• Build and refine valuation and financial models to assess capital deployment alternatives, transaction economics, and value creation.
• Drive transaction-related analysis to optimize the balance sheet — evaluating reinsurance, contingent capital, hybrid, and other capital structure alternatives to enhance flexibility and efficiency.
• Support debt issuance and capital market activities, including structuring, documentation, and execution of senior, hybrid, and medium-term note offerings in coordination with investment banks and internal stakeholders.
• Manage and develop relationships with internal and external partners — including Finance, Risk, and business leaders, as well as investment banks and debt investors — representing Principal's perspective and capital philosophy.
• Strengthen governance processes to ensure disciplined oversight of enterprise capital decisions, documentation, and reporting.
• Collaborate across Treasury, Finance, Risk, and Business Units to align capital strategy with enterprise financial goals and support the execution of complex strategic initiatives.
• Perform other job-related duties and special projects as assigned.

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 in finance, economics, mathematics, actuarial science, or related field; advanced degree or professional designation (e.g. CFA, CPA, FRM) preferred
• 6+ years of relevant experience in corporate finance, treasury, capital markets, or similar analytical discipline is preferred
• Demonstrated ability to apply sound financial judgment and analytical rigor to complex capital and balance sheet decisions.
• Self-motivated, intellectually curious, and able to operate effectively both independently and in cross-functional teams.
• Excellent communication, interpersonal, and organizational skills, with the ability to synthesize complex information for senior leadership and external partners.
• Strong project leadership skills and a proven ability to manage multiple priorities in a dynamic, fast-paced environment.
• Demonstrates adaptability and a positive approach to change, guiding others through ambiguity and transformation.
• Proficiency with spreadsheet and data analysis tools (e.g., Excel, Power BI, or similar platforms); ability to learn new analytical tools and systems as needed.

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)
$ $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

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.

Original Posting Date
11/6/2025

Most Recently Posted Date
11/6/2025

LinkedIn Remote Hashtag