Equity Analyst – Healthcare (Non-Pharma, Services, Equipment & Tools)

What You'll Do

Principal's Global Equity team is searching for an experienced Equity Analyst to join our research team with a dedicated focus on the Healthcare sector, specifically non-pharmaceutical companies including healthcare services, medical equipment, devices, diagnostics, and tools. This candidate will work with a diverse team of portfolio managers and analysts supporting research and recommendations!  

In this role, you’ll be able to: 

• Conduct in-depth fundamental research and financial analysis globally on companies within the non-pharma healthcare space (e.g., health care services, medical devices, diagnostics, surgical tools, lab equipment). 

• Partner closely with sector leads, analysts, and portfolio managers to provide outperformance through stock selection, while working within the framework of our process and portfolio constraints 

• Build and maintain detailed financial models to forecast company performance, incorporating macroeconomic and industry-specific factors 

• Generate timely and actionable investment ideas and communicate insights through written reports, models, presentations, and investment committee discussions  

• Maintain research coverage of existing investments within the assigned sector coverage for multiple portfolios 

• Interact with company management, industry experts, and other stakeholders to gather qualitative and quantitative insights 

 

Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at www.principalam.com!

Consistent across all strategies, our approach is to evaluate and select stocks from a broad investment universe and construct portfolios in alignment with specific objectives and risk management parameters. We seek companies demonstrating positive fundamental change, with exploitable expectation gaps and pricing anomalies. Our conviction is centered on bottom-up fundamental insights while remaining macro-aware.  

Who You Are

• 2 years equity investment experience. We are willing to hire the next level up which would require 5 years of equity investment experience 
• Equity experience in the Healthcare sector 

• A proven track record of consistently adding value through investment recommendations based on proprietary analysis 
• Strong analytical, fundamental company analysis, and financial modeling skills  

 

Skills That Will Help You Stand Out  

• MBA or Master of Science with finance emphasis and Chartered Financial Analyst designation (or progress towards CFA) 

• Must be a self-starter and demonstrate understanding of economies and investment theories 

• Strong written and verbal communication skills 

• FactSet, Bloomberg 

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)

$137000 - $236000 / 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(s) 

We’re open to considering in-office or hybrid talent. Locations include Des Moines, New York City, Chicago, Seattle, or Denver. You’ll work with your leader to determine the arrangement that best fits based on role needs, team collaboration, and your location. 

Next Level Up 

Two position levels are available. One requires 2-5 years of experience and the more senior is at least five years. Both levels are reflected together in the compensation section. The junior level base compensation range is $137,000 - $185,000. The more senior is $174,000 - $236,000. When noting compensation on your application, this salary range and what we ask for would be base pay expectations. 

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

6/27/2025

Most Recently Posted Date

6/27/2025

Salary : $137,000 - $236,000