Principal Financial Services-posted 9 months ago
$123,000 - $167,000/Yr
Full-time • Mid Level
Des Moines, IA

We're looking for an Associate Actuary to join our Internal Audit team. In this role, you'll lead the execution of internal audits of actuarial and financial processes in accordance with established IIA standards. You'll develop and maintain strong business relationships within Internal Audit and the global Principal community. If you enjoy digging into varied and complex processes, technologies, and calculations, looking for key risks, controls, and working across business areas to provide assurance on the most important things that help Principal meet its objectives - this role is for you. You'll also have the opportunity to lead the examination and evaluation of Principal's actuarial and financial processes against recognized Principal standards, established policies, and Actuarial Standards of Practice (ASOPs). Evaluate controls to protect financial calculations and decisions to ensure they are aligned with organizational goals and objectives. Identify and assess key risks, controls, and test plans for assurance activities and present audit results in an objective and unbiased manner to stakeholders. Quickly assess which objectives are most impactful to company strategy, leverage professional judgement to align audit work to reflect on those objectives, and effectively escalate significant issues and risk exposures to appropriate levels of management. Evaluate and negotiate appropriate solutions to complex problems identified by assurance activities and leverage data and analytics to drive additional insight and efficiency in the analysis of audit subjects. Lead and collaborate on multiple concurrent projects that have moderate to high complexity.

  • Lead the execution of internal audits of actuarial and financial processes.
  • Develop and maintain strong business relationships within Internal Audit and the global Principal community.
  • Examine and evaluate Principal's actuarial and financial processes against recognized standards.
  • Evaluate controls to protect financial calculations and decisions.
  • Identify and assess key risks, controls, and test plans for assurance activities.
  • Present audit results in an objective and unbiased manner to stakeholders.
  • Assess objectives that are most impactful to company strategy.
  • Escalate significant issues and risk exposures to appropriate levels of management.
  • Evaluate and negotiate solutions to complex problems identified by assurance activities.
  • Leverage data and analytics to drive additional insight and efficiency.
  • Lead and collaborate on multiple concurrent projects.
  • Bachelor's degree in math, actuarial science, finance, or related field.
  • A career Associate of the Society of Actuaries, or a Fellow of the Society of Actuaries, with Member of the American Academy of Actuaries designation.
  • 6+ years actuarial experience.
  • Knowledge of pertinent laws, regulations, and the Actuarial Standards of Practice.
  • Self-motivated with excellent curiosity, problem solving skills and analytical skills.
  • Informal leadership skills with the ability to influence and challenge internal partners and external audit customers.
  • Excellent verbal, written, and interpersonal communication skills.
  • Audit or risk management experience preferred.
  • Flexible Time Off (FTO) for salaried employees.
  • Pension eligible.
  • Opportunity to participate in a bonus program.
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