Compliance Analyst

Principal Financial Group; Des Moines (IA); On-site; USD 69,000 - 126,000; Full time

Benefits offered by this job

Pension eligibility

Equal opportunity employer

Job summary

Principal Financial Group in Des Moines, IA is seeking a Compliance Analyst to support regulatory excellence in life and disability insurance. You will collaborate with business leaders to ensure adherence to laws, assist with targeted testing, and prepare regulatory reports for authorities.

The role requires a bachelor’s degree and 4+ years of compliance experience in financial services, including interaction with regulators. Occasional travel and potential FINRA licensing may be required.

Qualifications

• Bachelor’s degree or equivalent required; 4+ years of compliance experience within a financial services organization (life and disability insurance preferred)
• 2+ years working with insurance regulators
• 2+ years in compliance testing, auditing or risk assessment
• Knowledge of life and disability insurance regulations
• Strong analytical and communication skills, including regulatory correspondence
• Proactive mindset with a drive to improve processes
• Ability to build trusted partnerships across all levels of the organization
• Travel, including overnight stays, may be required periodically
• FINRA licensing may be required

Responsibilities

• Assist business partners and compliance leadership with legal, regulatory, and operational issues.
• Assist with targeted testing across both life and disability insurance products.
• Prepare and submit timely regulatory reports and filings to relevant authorities as required.
• Respond to requests for information relating to regulatory examinations, surveys, and inquiries.
• Analyze compliance data and provide insights to drive informed decision-making.
• Collaborate with cross-functional teams to develop practical, risk-aware solutions.
• Review and strengthen compliance controls and business processes.
• Evaluate insurance operations, including SEC Rule 38a-1 assessments.
• Identify and implement enhancements to the compliance program.
• Communicate clearly and confidently with internal teams and regulators under tight deadlines.

Skills

Analytical skills

Communication

Regulatory compliance

Risk assessment

Proactive mindset

Education

Bachelor’s degree or equivalent

Job description

What You'll Do

Join our Benefits & Protection Compliance team as a Compliance Analyst supporting regulatory excellence in the life and disability insurance space! You'll partner with business leaders to ensure compliance with laws and regulations and help enhance our compliance testing programs.

• Assist business partners and compliance leadership with legal, regulatory, and operational issues.
• Assist with targeted testing across both life and disability insurance products.
• Prepare and submit timely regulatory reports and filings to relevant authorities as required.
• Respond to requests for information relating to regulatory examinations, surveys, and inquiries.
• Analyze compliance data and provide insights to drive informed decision-making.
• Collaborate with cross-functional teams to develop practical, risk-aware solutions.
• Review and strengthen compliance controls and business processes.
• Evaluate insurance operations, including SEC Rule 38a-1 assessments.
• Identify and implement enhancements to the compliance program.
• Communicate clearly and confidently with internal teams and regulators under tight deadlines.

Positioned at the crossroads of financial services and technology, Principal develops financial tools designed to help our customers improve their lives. We take pride in being a mission-oriented organization, driven by our goal to make financial security reachable for all. Our mission, integrity, and customer focus have earned us a reputation as a trusted leader for more than 140 years!

Who You Are

• Bachelor’s degree or equivalent required; 4+ years of compliance experience within a financial services organization (life and disability insurance preferred), including:
• 2+ years working with insurance regulators.
• 2+ years in compliance testing, auditing or risk assessment.
• Knowledge of life and disability insurance regulations.
• Strong analytical and communication skills, including regulatory correspondence.
• Proactive mindset with a drive to improve processes.
• Ability to build trusted partnerships across all levels of the organization.
• Travel, including overnight stays, may be required periodically.
• FINRA licensing may be required.

Preferred Qualifications:

• Proven experience with compliance risk testing programs.
• Strong track record of navigating regulatory environments within the insurance or financial services sectors.
• Ability to design and implement effective compliance initiatives aligned with business goals.
• Skilled at balancing regulatory precision with practical, business-friendly solutions.
• Comfortable working in fast-paced, high-stakes environments with tight deadlines.
• Excellent collaboration skills, with the ability to influence across functions and levels.
• Detail-oriented with strong strategic thinking and problem-solving capabilities.
• Passion for driving continuous improvement in compliance standards and controls.

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)

$69300 - $126000 / year

Salary Details

The following locations are examples of market-specific salary ranges across different geographies. Please note, we are open to hiring Nation-wide for this role, these are simply an example of salaries in these geographic areas.

• Dubuque, IA / Wichita, KS / Grand Island, NE: $69,300 – $81,900
• Des Moines, IA / Louisville, KY / Green Bay, WI: $73,150 – $86,450
• St. Louis, MO / Pittsburgh, PA / Charlotte, NC: $77,000 – $91,000
• Denver, CO / Houston, TX / Chicago, IL / Minneapolis, MN: $84,700 – $100,100
• Seattle, WA / Los Angeles, CA / New York City, NY: $92,400 – $109,200

Pension Eligible

Yes

Work Authorization/Sponsorship

At this time, we are not considering applicants who require any type of immigration sponsorship now or in the future. This includes work authorization such as F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and others. For more information about work authorization, please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Ethical Guidelines

In Principal Asset Management positions, following an Investment Code of Ethics is required. This includes guidelines on personal and business conduct and personal trading for you and your household. These rules may extend to other jobs within the organization.

Experience Principal

At Principal, we emphasize connecting on both a personal and professional level. Together, we’re imagining a future in financial services that is more purpose-focused – and that starts with you. Our success stems from the unique experiences, backgrounds, and talents of our employees. And we back our employees in the same way we back our customers: with comprehensive, competitive benefit plans created to protect their physical, financial, and social well-being. Explore our careers site to find out 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

9/16/2026

Most Recently Posted Date

9/16/2026