Actuarial Development Program

Principal Financial GroupDes Moines, IA
Hybrid

About The Position

Actuaries at Principal are valued members of our enterprise-wide community and contribute to exciting, important work. Join Principal’s Actuarial Development Program, a long-standing development program with a history of moving actuaries into leadership positions! We give participants broad exposure to several areas of the company by providing rotations in different actuarial roles and departments within the company! Throughout the duration of the program, you’ll develop strong actuarial, business and leadership skills through three cross-functional rotations, ranging in length from 18-30 months. Each rotation is crafted to help you learn about a different business area, while providing you broad exposure and significant work. Upon completion of the FSA designation, participants are encouraged to continue their career development and business leadership which may include continued movement within the organization. Learn more about our rotational program including exam support, development opportunities and rotational opportunities by visiting our actuarial careers website.

Requirements

  • You have a Bachelor's or Master's degree in Actuarial Science or related field or equivalent experience.
  • You have successfully completed at least one exam in the education system of the Society of Actuaries is required.
  • You have the ability to continue to pass exams and achieve your FSA designation at an accelerated pace.
  • You are knowledgeable of actuarial mathematics such as probability and statistics, numerical analysis, compound interest, and life contingencies is required.

Nice To Haves

  • Multiple actuarial exams completed.
  • Previous actuarial internship or work experience is highly preferred.
  • Experience with spreadsheets, database and actuarial modeling software.

Responsibilities

  • Use technical skills to do actuarial research and calculations and provide actuarial services and support to other departments
  • Recommend innovative changes to help better serve Principal’s customers through improvements in execution, product enhancements, and/or the use of new technologies

Benefits

  • 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.
  • Pension Eligible
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