Compliance Analyst

Principal Financial Group•Des Moines, IA

14d•Remote

About The Position

Join our Benefits & Protection Compliance team as a Compliance Analyst supporting regulatory excellence in the life and disability insurance space! You'll partner with business leaders to ensure compliance with laws and regulations and help enhance our compliance testing programs. Positioned at the crossroads of financial services and technology, Principal develops financial tools designed to help our customers improve their lives. We take pride in being a mission-oriented organization, driven by our goal to make financial security reachable for all. Our mission, integrity, and customer focus have earned us a reputation as a trusted leader for more than 140 years!

Requirements

Bachelor’s degree or equivalent required
4+ years of compliance experience within a financial services organization (life and disability insurance preferred)
2+ years working with insurance regulators
2+ years in compliance testing, auditing or risk assessment
Knowledge of life and disability insurance regulations
Strong analytical and communication skills, including regulatory correspondence
Proactive mindset with a drive to improve processes
Ability to build trusted partnerships across all levels of the organization
Travel, including overnight stays, may be required periodically
FINRA licensing may be required

Nice To Haves

Proven experience with compliance risk testing programs
Strong track record of navigating regulatory environments within the insurance or financial services sectors
Ability to design and implement effective compliance initiatives aligned with business goals
Skilled at balancing regulatory precision with practical, business-friendly solutions
Comfortable working in fast-paced, high-stakes environments with tight deadlines
Excellent collaboration skills, with the ability to influence across functions and levels
Detail-oriented with strong strategic thinking and problem-solving capabilities
Passion for driving continuous improvement in compliance standards and controls

Responsibilities

Assist business partners and compliance leadership with legal, regulatory, and operational issues.
Assist with targeted testing across both life and disability insurance products.
Prepare and submit timely regulatory reports and filings to relevant authorities as required.
Respond to requests for information relating to regulatory examinations, surveys, and inquiries.
Analyze compliance data and provide insights to drive informed decision-making.
Collaborate with cross-functional teams to develop practical, risk-aware solutions.
Review and strengthen compliance controls and business processes.
Evaluate insurance operations, including SEC Rule 38a-1 assessments.
Identify and implement enhancements to the compliance program.
Communicate clearly and confidently with internal teams and regulators under tight deadlines.