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About The Position

The Sales Intern will work with Principal Asset Management’s Global Distribution Operations, Wealth Advisory Services, U.S. Retirement, and Institutional Sales teams to learn about asset management and distribution. The role provides ongoing sales support through interaction with sales leadership, relationship managers, internal specialists, and investment partners. The intern will learn to use Salesforce, support prospecting and sales opportunities, provide client-facing assistance as directed, and contribute to reporting, communications, and special projects. The internship offers hands-on experience, professional development, mentoring, networking, and collaboration across a global Fortune 500 company. The role is based at Principal’s corporate headquarters in Des Moines, Iowa; Charlotte, North Carolina; Chicago, Illinois; or New York City. The stated base pay is $24 per hour. The intern will also receive a $4,000 lump-sum stipend intended to support incidental expenses, with a tax gross-up. Paid company holidays and any time off required by state are provided. The position is subject to Principal Asset Management’s Investment Code of Ethics, including requirements related to personal and business conduct and personal trading activities for the intern and members of their household. Principal is not considering applicants who require immigration sponsorship now or in the future to work in the United States.

Requirements

  • Currently pursuing or have completed an undergraduate- or graduate-level degree.
  • Involvement in extracurricular activities and/or the community.
  • Interest in a career in sales and asset management.
  • Ability to build positive relationships with internal and external partners.
  • Strong written and verbal communication skills.

Responsibilities

  • Provide ongoing sales support to Global Distribution Operations, Wealth Advisory Services, U.S. Retirement, and Institutional Sales teams, interacting with sales leadership, relationship managers, internal specialists, and investment partners.
  • Assist in prospecting new sources of business and learn to use Salesforce.
  • Partner with internal investment teams to understand firm products, strategy, and direction and support ongoing initiatives.
  • Provide client-facing support as directed.
  • Perform reporting tasks related to performance data and help identify new sales opportunities.
  • Assist with special projects as assigned.
  • Contribute to a fun and creative team culture and embrace new ideas.
  • Serve as an internal resource to collect and share information with prospects and clients while sales staff are traveling.
  • Work with internal partners on communications and report generation.

Benefits

  • Paid company holidays and time off required in the employee’s state.
  • $4,000 lump-sum internship stipend intended to support incidental expenses, with a company tax gross-up.
  • Internship program offering hands-on experience, dedicated teams and mentors, professional networking, and career-development experiences.

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