Equity Research Associate, Healthcare

Principal Financial Group • Chicago, IL

4d • Hybrid

About The Position

Principal's Global Equity team is searching for a Research Associate to support the needs of our senior Research Analysts on the Healthcare team. This candidate will help augment our commitment to deep fundamental sector expertise via highly differentiated and timely fundamental equity research. We are focused on hiring an exceptional candidate with a sincere, deep interest in the sector and overall passion for investing who can demonstrate the ability to earn one’s own coverage over time. Under the direction of senior team members, assist with equity research on Healthcare equities across various subsectors, market capitalizations, and geographies. Assist in various diligence processes to help form and enhance investment recommendations. Analyze and synthesize researched data and presentation of trends and ideas which assist in our investment decision-making process. Interact with company management and industry experts to augment our differentiated views. Frequently present research findings and affiliated recommendations through highly articulate written and verbal communication.

Requirements

• Bachelor's degree
• 1+ years equity research experience in the Healthcare sector
• High proficiency with financial statement analysis and fluent in overall financial accounting
• Outstanding knowledge of financial modeling, quantitative financial analysis, statistics and accounting expertise
• Possess the ability to synthesize data and articulate findings through exemplary presentation and communication skills (both written and verbal)
• Entrepreneurial mindset; self-starter with a desire to earn option to build out individual coverage within our Healthcare dedicated team

Nice To Haves

• More than two years equity research experience; buy side preferrable
• At least 1 year of Healthcare sector specific research / investment experience
• Master’s degree in a scientific discipline, MBA, CFA candidates all preferred
• Private transaction experience an added benefit; mandatory background is primarily focused in public equities
• Knowledge of various financial applications: FactSet, Bloomberg, AlphaSense, etc.
• Knowledge of various AI tools, including experience with agents, cowork tools, etc. Should be comfortable integrating AI with MS Office applications.

Responsibilities

• Assist with equity research on Healthcare equities across various subsectors, market capitalizations, and geographies.
• Assist in various diligence processes to help form and enhance investment recommendations.
• Analyze and synthesize researched data and presentation of trends and ideas which assist in our investment decision-making process.
• Interact with company management and industry experts to augment our differentiated views.
• Frequently present research findings and affiliated recommendations through highly articulate written and verbal communication.
• Travel as needed for conferences, management meetings, site visits, etc.

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.
• bonus program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level