Portfolio Analyst
Content + Source + Freshness • 17 Dec 2025 • 95% confidence
Offer value
The position offers a robust blend of analytical tasks and investment management responsibilities, with a strong emphasis on collaboration and innovative reporting.
- Salary range: $86,450 - $116,850/year.
- Strong opportunity for learning and growth in investment analysis.
- Work within a reputable financial firm focused on innovation.
- Requires 3+ years experience in relevant fields.
Pros
- Opportunity to engage with asset classes and enhance investment knowledge.
- Promotes skill development in financial reporting and risk analysis.
- Involvement with a reputable financial services company.
Cons
- Requires fluency in complex economic concepts which may not suit all candidates.
- Occasional travel may disrupt work-life balance.
- Position may be demanding due to the nature of investment products.
Who it's for
Mid-level • In-office/hybrid
Good fit
- Mid-level finance and investment professionals.
- Candidates seeking experience in portfolio management.
- Individuals motivated by analytical challenges in finance.
Not recommended for
- Entry level candidates without relevant experience.
- Those who prefer fully remote work arrangements.
- Professionals lacking teamwork or communication skills.
Motivation fit
Key skills
About the job
What You'll Do
We’re looking for a Portfolio Analyst to join our General Account Investments team! In this role, you will support the management of the General Account investment portfolio, monitor Alternative Assets and an ICOLI program, make investment recommendations, enhance the modernization of portfolio reporting and risk monitoring, contribute to performance attribution analysis, and assist with additional projects as assigned.
- Investment Strategy: Support the investment strategy process through the creation and maintenance of reports tied to the various strategic objectives. Spend time with asset class teams to learn the underwriting process, improve investment knowledge, learn about General Account portfolio management strategy, and understand drivers of return and risk. Assist in developing attribution tools to help explain performance for single asset class. Make investment and portfolio recommendations to portfolio managers regarding their asset class coverage.
- Complete assigned projects independently, including gathering and coordinating information and conducting statistical and numerical analyses. Present results to the appropriate audience. Monitor existing investments, ensure trades are processed effectively, and work closely with digital solutions to automate and improve reporting efficiency.
- Business Partnership: Collaborate with business unit partners as needed. Build relationships by attending and participating in various committees and working groups.
- Communication: Proactively identify and anticipate the needs and concerns of others. Make recommendations and be willing to challenge the status quo. Initiate dialogue with internal and external contacts.
- Knowledge: Continuously build on knowledge of investment and business unit operations. Develop an understanding of investment structures, key return and risk drivers and portfolio fit of various asset classes. Stay informed on financial markets, current events, and global and US economies.
Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!
Who You Are
- Bachelor's degree in business or related field, preferably with a major in finance, economics or accounting, with 3+ years of relevant experience in investment position
- Must have (or have the ability to obtain) an in-depth understanding of investment instruments and general economic and market factors
- Success in this position requires the ability to think strategically, visualize possible scenarios and outcomes based on multiple elements in any given situation, and predict the combined effect of each possible outcome, including GAAP accounting effects
- Ability to learn quickly, work independently, work with incomplete information, ask questions for clarity, and subsequently apply this knowledge to form a thesis and make recommendations.
- Knowledge and experience with analysis technologies (ie SAS, Excel, PowerBI), programming languages (ie MATLAB, R) and other relevant systems is a plus
- Occasional travel may be necessary
Skills That Will Help You Stand Out
- Progress toward an advanced degree or CFA strongly preferred
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)
$86450 - $116850 / 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
Yes
Work Environment
This role is hiring in Des Moines, IA and offers in-office and hybrid (blending at least three office days in a typical workweek) work arrangements.
Job Level
We’ll consider talent at the next level with the right experiences and skills.
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 and 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 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
11/4/2025
Most Recently Posted Date
11/4/2025
