What are the responsibilities and job description for the Senior Accounting Analyst position at Principal Financial Group?
What You'll Do
We are looking for a Senior Accounting Analyst to join our Benefits and Protection Accounting team. This role blends core financial reporting responsibilities with dynamic, project-based work, offering both structure and variety in your day-to-day activities. If you enjoy financial reporting, analyzing and interpreting financial data and finance transformation initiatives, then this role is for you!
Key Responsibilities
Who You Are
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)
$104400 - $187200 / year
Salary Details
The following locations are examples of market-specific salary ranges across different geographies.
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 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, or 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.
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
5/22/2026
Most Recently Posted Date
5/22/2026
LinkedIn Remote Hashtag
We are looking for a Senior Accounting Analyst to join our Benefits and Protection Accounting team. This role blends core financial reporting responsibilities with dynamic, project-based work, offering both structure and variety in your day-to-day activities. If you enjoy financial reporting, analyzing and interpreting financial data and finance transformation initiatives, then this role is for you!
Key Responsibilities
- Perform financial reporting activities, including monthly and quarterly close processes for captive reinsurance entities.
- Analyze financial data and produce reporting deliverables.
- Participate in ad hoc reporting, research, and project-based work.
- Support continuous improvement and process optimization efforts.
- Collaborate with cross-functional partners across actuarial, corporate accounting, and treasury.
- Review work produced by others and help guide deliverables (informal leadership).
- Contribute to finance modernization initiatives and reporting tool transitions.
Who You Are
- Bachelor’s degree in Accounting, Finance, or equivalent experience.
- 6 years of relevant experience.
- Strong analytical and problem-solving skills.
- Ability to manage complex concepts and transactions.
- Excellent communication and collaboration skills.
- Experience with financial reporting and data analysis tools.
- Demonstrated initiative and ability to drive work forward independently.
- Curiosity and eagerness to learn new concepts and subject matter.
- Reinsurance-related reporting or prior experience in reinsurance is preferred.
- CPA designation preferred but not required.
- Public accounting experience is a plus.
- Familiarity with statutory accounting principles is beneficial.
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)
$104400 - $187200 / year
Salary Details
The following locations are examples of market-specific salary ranges across different geographies.
- Wichita, KS: $104,400 - $140,400 / year
- Des Moines, IA: $110,200 - $148,200 / year
- Charlotte, NC: $116,000 - $156,000 / year
- Chicago/Minneapolis: $127,600 - $171,600 / year
- Los Angeles/New York City: $139,200 - $187,200 / year
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 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, or 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.
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
5/22/2026
Most Recently Posted Date
5/22/2026
LinkedIn Remote Hashtag
Salary : $104,400 - $187,200