Principal Financial Group Inc

Assistant Director-Internal Audit

Principal Financial Group Inc$127K — $171K *
US-AnywhereRemote in Des Moines, IA
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 10+ years of progressive experience in Internal Audit.
  • 3+ years of people management experience (informal or formal).
  • Strong understanding of audit, risk, and control concepts.
  • Proficiency in internal auditing principles and accepted control frameworks, including COSO.
  • Excellent communication skills with domestic and globally oriented teams.
  • Leadership and influence skills at all management levels.
  • Certified Public Accountant (CPA) or Certified Internal Auditor (CIA) preferred.

Responsibilities

  • Lead development and execution of Principal’s enterprise audit plan using a risk-based approach.
  • Evaluate key risks influencing overall strategies, delegating and overseeing team member work.
  • Identify and recommend audits based on risk assessments, engaging management in mitigation discussions.
  • Leverage data analytics to increase insight and efficiency in auditing processes.
  • Lead concurrent high-complexity projects, balancing tasks and priorities across competing activities.
  • Communicate audit results and professional opinions to stakeholders objectively and effectively.
  • Develop strong business relationships and collaborate with internal and external stakeholders.

Benefits

  • Flexible Time Off (FTO) allows for paid time away from work.
  • Pension eligibility for retirement planning.
  • Hybrid work model options available based on location and personal preference.
Full Job Description
What You'll Do

We’re looking for an Assistant Director to join our Internal Audit team! In this role, you'll lead and drive the development and execution of Principal’s enterprise audit plan using a risk-based approach and support achievement of departmental and enterprise strategies by leading the execution of risk management and assurance services across Principal’s global enterprise.

 

You'll Also Have The Opportunity To:

    • Audit Oversight, Leadership & Execution
    • Lead the evaluation of key risks that impact overall strategies and objectives, including examination of key processes and application controls. This includes delegating and overseeing work performed by other team members
    • Identify key risks, controls, and testing strategies to effectively assess current environment. Recommend audits, including scope, timing & budget based on risk assessment. Engage management in assessing approaches for mitigating new and/or complex risks in the dynamic business/technology environment. Assist in developing this acumen in other audit team members.
    • Leverage data and analytics to drive additional insight and efficiency in the analysis of audit subjects.
    • Lead and drive concurrent projects that have high complexity. Excel in planning and prioritizing tasks between competing activities.
    • Communication
    • Leverage effective communication (written or oral) to reflect relevant facts from audit execution. Present audit results and professional opinions in an objective and unbiased manner to stakeholders including executive management. Coach other auditors on appropriate communication methods and approaches.
    • Knowledge of the Business
    • Understand and apply common control frameworks (COSO, NIST, etc.) or other criteria needed to assess control effectiveness. Build and maintain a working knowledge of corporate policies and procedures. Interact with staff and management at all levels, gathering required information and soliciting insights to help assess key risks and controls. Develop in-depth knowledge of Principal’s products, services, and strategies to promote effective targeting of key risks and related audit work.
    • Strategy, Planning & Risk Assessment
    • Help develop strategy and drive execution of those strategic efforts within Principal’s global environment. These include efforts focused on driving effectiveness and efficiency at departmental, business segment, and organizational levels.
    • Help drive audit planning and risk assessment efforts within the team to align audit work with strategic priorities of the enterprise and meet audit coverage needs. Communicate insights gathered from on-going audit work and networking with business unit leaders to inform the audit plan and work with audit leadership to position initial definition of audit scope.
    • Collaboration
    • Develop and maintain excellent business relationships within Internal Audit and with the global Principal community, especially at business unit leadership levels (e.g., VP levels). Engage and maintain candid relationships with external stakeholders (external audit, regulator). Present to subsidiary boards and management committees.
    • Challenge audit scope/focus to align with business objectives and professional standards. Quickly assess which objectives are most impactful to company strategy, leverage professional judgement to align audit work to reflect on those objectives, and effectively escalate significant issues and risk exposures to appropriate levels of management.
    • Influence
    • Evaluate and negotiate appropriate solutions to complex problems identified by assurance activities.
    • Support building culture of continuous improvement, helping to identify and address areas for department improvement.
    • Lead
    • Recruit, lead, motivate, empower, and develop knowledgeable and productive staff. Value the contributions of team members, including providing candid feedback and/or coaching to develop team members & enhance overall department impact. Coordinate use of the right audit resources to deliver meaningful value. Work with Professional Practices team to meet staff development needs. Ensure consistency and quality of work product by following department process, methodologies, and reporting standards.

Who You Are

    • Bachelor's degree and 10+ years of progressive experience in Internal Audit including 3+ years of people management experience(informal or formal experience)
    • Strong understanding of audit, risk and control concepts and the ability to effectively assess, document and communicate work performed.
    • A depth and breadth of knowledge and understanding across key aspects of the business operations in support of credibility, relationship management and impact of audit work.
    • Ability to develop understanding in other critical subject areas including technical business matters, technology concepts, etc.
    • Leadership, influence, and effective challenge skills across all levels of management including executive leadership when communicating audit results and addressing questions/concerns from key stakeholders.
    • Proven experience in developing and executing strategic projects.
    • Certified Public Accountant (CPA), Certified Internal Auditor (CIA) or equivalent certification preferred.
    • Experience leading project delivery and execution.
    • Proficiency in internal auditing principles and best practices, with specific working knowledge of accepted control frameworks, including COSO.
    • Excellent verbal, written, and interpersonal communication skills with domestic and globally oriented teams.
    • Travel may be required.
  Salary Range InformationSalary 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$127000 - $171000 / year Time Off ProgramFlexible 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 EligibleYes Additional Information

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, Raleigh, NC or Charlotte, NC.). You’ll work with your leader to figure out which option may align best based on several factors.

 

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.

 

Posting WindowWe 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. Date First Posted (TTF)9/1/2026 Latest Post Date: Careers - US9/1/2026

LinkedIn Remote Hashtag

#LI-Remote

About Principal Financial Group Inc

Principal Financial Group Inc Careers

Join the dynamic team at Principal Financial Group Inc, a global leader in investment management and retirement services. At Principal, we are committed to helping individuals and businesses achieve financial security and success, making now the perfect time to explore job opportunities with us.

Work You’ll Do

Embark on a career at Principal Financial Group Inc and contribute to our mission of empowering financial well-being across the globe. Our company offers a wide range of positions, from finance to technology, where your skills will help shape the future of financial services.

Innovate and Lead

At Principal, innovation and leadership go hand in hand. We provide a platform where your ideas can lead to groundbreaking financial solutions, driving growth and efficiency. Join our team and be at the forefront of industry-leading projects that redefine what is possible in the financial sector.

Grow Your Career

Principal Financial Group Inc is not just a company; it's a place where you can grow professionally and personally. We support career advancement through professional development programs, leadership training, and opportunities for networking and mentorship. Our commitment to diversity and inclusion ensures that all team members have the opportunity to succeed.

Experience Our Culture

Our culture is built on collaboration, respect, and a commitment to excellence. We believe in fostering a supportive environment where every team member’s contribution is valued. Enjoy benefits that support both your professional and personal life, and work alongside colleagues who are passionate about making a difference.

Internship and Employment Opportunities

Whether you're starting your career or looking to make a significant impact in your professional journey, Principal offers a range of internship and employment opportunities. Gain hands-on experience, work on real-world projects, and learn from leaders in the financial industry.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Principal Financial Group Inc. We are hiring creative, curious, and motivated individuals who are ready to drive innovation and lead with integrity. Check out our open positions, tailor your resume, and prepare for an interview that could lead to your next great adventure.

Stay Connected

Keep up to date with the latest from Principal Financial Group Inc by following our careers blog. Get insider perspectives, tips for a successful interview, and the latest news on the financial industry that you can apply directly to your career.

Networking and Professional Development

At Principal, your growth is our priority. Enhance your professional skills through comprehensive training programs and connect with industry leaders and peers through our robust networking events. Our commitment to your development is unwavering, as we believe it is fundamental to our collective success.

Explore Careers at Principal Financial Group Inc

Discover the exciting career paths available at Principal. From internships to leadership roles, the opportunities for professional growth are abundant. Join us and contribute to a company that values innovation, leadership, and a diverse workforce dedicated to achieving exceptional results.

Apply Today

Are you ready to make a meaningful impact in the financial services industry? Search for open positions that match your skills and interests at Principal Financial Group Inc. We look for passionate, driven, and solution-oriented team players. Start your journey with us today and be part of a team that’s redefining the future of finance.

Principal Financial Group Inc—where careers grow, innovation thrives, and leaders are made.

Learn more about Principal Financial Group Inc
Size
18,600 employees
Market Cap
$20.7 billion
Industry
Net Income
$1.3 billion
5 Year Trend
+2.7%
Revenue
$14.7 billion
NASDAQ

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