As a Retirement Benefit Analyst V, you will be responsible for updating and maintaining accurate Defined Benefit participant records. This is a great opportunity for those with strong Defined Benefit knowledge and attention to detail.

We are looking for someone who thrives on using their analytical skills, enjoys collaborating with a wide variety of internal partners, and can develop tools and processes to meet the needs of an evolving retirement services landscape.

Other types of things you’ll do:

• Complete assigned projects, including gathering and organizing information/data, processing benefit calculations and analysis. Identify and implement areas for improvement including the development of new tools and processes.
• Provide pension technical assistance to business partners involving research, calculation analysis and solving questions and problems. Articulate technical benefit information to internal and external parties.
• Analyze and review of benefit information; may involve performing quality reviews.
• Mentor team members and act as a SME expert to all defined benefit areas. Write and maintain procedures, as needed.
• Performs other job-related duties and special projects as required.

• Bachelor's degree or equivalent experience (preferably in a major related to analytical fields, including Math, Actuarial Science, Statistics)
• 5+ years of work related experience in defined benefit pension field required
• 3+ years of previous experience using defined benefit systems preferred
• Must be able to interpret complex plan provisions
• Strong mathematical, technical and analytical skills along with keen attention to detail
• High integrity and discretion to ensure the confidentiality of client information.
• Must have strong decision making and organizational skills
• Must have strong mentoring, interpersonal and listening skills
• Must be a team player and a positive influence in a team environment
• Knowledge of spreadsheet and database or similar PC software packages, is required

• Excellent mathematical and analytical skills.
• Knowledge of SQL, XML, VBA, or other programming languages.
• Must be able manage a large workload and prioritize accordingly with willingness and flexibility to work overtime, as needed.

The following levels and locations are examples of market-specific salary ranges across different job levels and geographies. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. 

Retirement Benefit Analyst V:

• Wichita, KS: $69,300 – $87,500 / yr
• Des Moines, IA: $73,150 – $92,750 / yr
• Charlotte, NC: $77,000 – $98,000 / yr
• Chicago, IL / Minneapolis, MN: $84,700 – $108,500 / yr
• Los Angeles, CA / New York City, NY: $92,400 – $119,000 / yr

• Wichita, KS: $84,600 – $107,300 / yr
• Des Moines, IA: $89,300 – $113,650 / yr
• Charlotte, NC: $94,000 – $120,000 / yr
• Chicago, IL / Minneapolis, MN: $103,400 – $132,700 / yr
• Los Angeles, CA / New York City, NY: $112,800 – $145,400 / yr

This role offers 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 or Charlotte, NC.). You’ll work with your leader to figure out which option may align best based on several factors.

We’ll consider talent at the next level with the right experiences and skills.

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

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.

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.

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