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What You'll Do

As a Portfolio Analyst II, you will support the General Account Equity Portfolio Management team that invests on behalf of Principal Life Insurance Company providing analytical reporting and other support within the Principal Real Estate team!

Key Responsibilities

• Portfolio Analysis: Working with senior staff, provide analytical support regarding client business plans and investment strategies including portfolio performance, diversification measures, sensitivity analysis, variance analysis and other relevant financial analysis. Develop extensive knowledge of the assets within assigned portfolios.

• Information Management and Reporting: Partner with other Portfolio Analysts to ensure that a coordinated flow of quality information reaches portfolio managers, consultants and clients. Assist in the reporting of economic and statistical portfolio reports as required by consultants and clients, regulatory agencies and others. Provide quality control of portfolio management information.

• Market knowledge: Develop and apply a working knowledge of real estate market/portfolio dynamics. This includes occasional travel to relevant markets. Share knowledge in a cross-functional team environment.

• Portfolio Research: Conduct ongoing and special project research, including in-depth portfolio reviews and analysis and real estate investment environment and emerging macro trends in real estate supply and demand.

Who You Are

• Bachelor’s degree in finance, real estate, business, or related field (real estate emphasis preferred)

• 2+ years’ of related work/internship experience including analytical and working knowledge of commercial real estate modeling techniques, including cash flow construction, IRR calculations, and time-weighted return calculations

• Advanced proficiency in Microsoft Excel, including macros and data manipulation

Skills That Will Help You Stand Out

• Proficiency in ARGUS for real estate valuation

• Experience using Power BI and PowerPoint

• Comfort with learning new technology tools and continual process improvement

• Strong analytical, organizational, and communication skills (both written and verbal)

• A proven ability to manage competing priorities and meet deadlines in a fast-paced environment

• A track record of team collaboration, effective decision-making, and attention to detail in quantitative analysis

• Experience collaborating with internal clients and presenting insights to stakeholders

Salary Range Information

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$86500 - $116900 / year

Time Off Program

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. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Pension Eligible

No

Additional Information

Location

This position will be located in our global headquarters, Des Moines IA.

Work Environments

This role offers a hybrid work arrangement with four days per week in the office and one day working from home.

Work Authorization/Sponsorship

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)

Investment Code of Ethics

For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

Experience Principal

At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

Principal is an Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Posting Window

We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

Original Posting Date

1/15/2025

Most Recently Posted Date

1/15/2025