Private Jobs
Assistant Actuary Job at Principal Financial Group Remote Full Time
Insurance and Actuarial Career Opportunity at Principal Financial Group
Principal Financial Group is hiring an Assistant Actuary for its Workplace Benefits Group Disability and Life Pricing team. The position is full time and offers remote work options for eligible applicants living outside certain office areas. The salary range starts at $104400 and can go up to $171000 per year depending on experience skills and qualifications.
The company is looking for someone with a strong actuarial background who can help with pricing strategies product analysis and disability and life insurance products. Candidates with the right experience may also be considered for the Associate Actuary level.
This opening may suit professionals who already have experience in actuarial work and want to grow their skills in pricing analytics and product development within the insurance industry.
Job Details Overview
| Job Information | Details |
|---|---|
| Job Title | Assistant Actuary |
| Company | Principal Financial Group |
| Job Location | Remote Des Moines Iowa |
| Job Type | Full Time |
| Salary Range | $104400 – $171000 per year |
| Experience Required | Minimum 2 years actuarial experience |
| Education Required | Bachelor’s degree and FSA certification |
| Work Environment | Remote Hybrid or In Office |
| Bonus Eligibility | Yes |
| Pension Eligible | Yes |
About the Position
The Assistant Actuary will work with the Disability and Life Pricing team to support pricing methods product development and actuarial analysis. The position focuses mainly on Long Term Disability Short Term Disability and Paid Family Medical Leave products.
Daily work includes reviewing pricing models analyzing product performance checking financial data and helping improve internal processes. The team also works closely with underwriting product distribution and other actuarial departments.
The company wants someone who can think through problems carefully communicate clearly and work well with both teams and independent projects.
Main Responsibilities
Key duties include:
- Helping develop pricing strategies and actuarial methods
- Supporting pricing work for disability and life insurance products
- Reviewing product performance and financial forecasts
- Creating validating and analyzing actuarial data
- Assisting with underwriting claims and renewal projects
- Working with internal teams on pricing and product goals
- Improving reporting processes and internal systems
- Supporting actuarial students analysts and interns when needed
- Helping manage projects and timelines
- Preparing reports presentations and internal communications
The role also includes regular collaboration with product underwriting and distribution teams across the company.
Skills and Qualifications
Principal Financial Group is looking for applicants with strong technical and analytical skills along with good communication abilities.
Preferred skills include:
- Strong problem solving and analytical skills
- Good written and verbal communication
- Ability to manage multiple projects at once
- Comfortable working independently and with teams
- Strong leadership and organizational skills
- Knowledge of Excel and VBA
- Experience with actuarial analysis and pricing work
Additional skills that may help candidates stand out include:
- Experience with actuarial modeling
- Knowledge of SAS R Python or similar programming languages
- Familiarity with insurance pricing systems and reporting tools
Education and Experience Requirements
Required Qualifications
- Bachelor’s degree or equivalent education
- FSA designation or global equivalent
- At least 2 years of actuarial experience
- Knowledge of actuarial standards and regulations
- Understanding of SOA AAA and actuarial professional guidelines
Preferred Qualifications
- Experience with disability and life insurance products
- Background in actuarial pricing work
- Experience using actuarial modeling tools
- Knowledge of financial forecasting and product analysis
Applicants with stronger experience and technical skills may be considered for the Associate Actuary level position.
Work Environment
This position supports remote hybrid and office based work arrangements. Remote work is available for employees who live more than 30 miles from company office locations in Des Moines Charlotte and Raleigh.
Most communication happens through online meetings, email and collaboration with internal teams. Employees may work closely with underwriting pricing product and actuarial departments during projects.
The standard schedule usually follows Monday through Friday business hours.
Salary and Benefits
The salary range for this position is between $104400 and $171000 per year. Final pay depends on experience, education location and overall qualifications.
Employees may also receive:
- Bonus opportunities
- Flexible paid time off
- Health and disability insurance
- Retirement and pension benefits
- Career growth support
- Remote or hybrid work flexibility
Benefits and compensation packages can vary depending on position level and work arrangement.
Work Authorization Information
Principal Financial Group is currently not accepting applicants who require immigration sponsorship now or in the future. This includes work authorization types such as H1B F1 OPT CPT TN L1 and J1.
Applicants must already have authorization to work in the United States without sponsorship support.
Equal Employment Opportunity
Principal Financial Group follows equal employment opportunity policies and considers qualified applicants regardless of race color religion gender disability veteran status sexual orientation or national origin.
The company states that hiring decisions are based on qualifications experience and business needs.
How to Apply
Interested applicants should apply through the official Principal Financial Group careers website before the posting closes.
Applicants should prepare:
- An updated professional resume
- Details about actuarial experience
- Information about certifications and technical skills
- Background related to insurance pricing or modeling work
Providing clear information about actuarial projects leadership work and technical experience may help strengthen an application.
About Principal Financial Group
Principal Financial Group is a financial services company that provides insurance retirement and investment solutions. The company has worked in financial services for more than 140 years and supports customers with products related to financial protection and long term planning.
Its actuarial and pricing teams help support insurance products through forecasting analysis and product management work.
Final Thoughts
The Assistant Actuary position at Principal Financial Group may suit professionals with experience in actuarial analysis pricing and insurance products. The role offers flexible work arrangements competitive pay and opportunities to work with disability and life insurance teams.
Applicants with technical actuarial skills and experience handling financial analysis or pricing work may find this position a strong fit within the insurance and financial services field.
Disclaimer
This article is shared for informational purposes only. We are not affiliated with the hiring company. Applicants should visit the official Principal Financial Group careers website for complete job details and application instructions.