Intern Client Experience - Asset Management

What You'll Do

We’re looking for a Summer 2025 Intern to join our Client Experience (CX)team within Asset Management. This summer internship within CX will allow you to see all aspects of the client journey and participate in enhancing it.

Principal Asset Management is a premier global asset management firm with over $580 Billion in assets under management. Principal Asset Management is the perfect opportunity to gain real world experience in the asset management industry.

We operate globally and therefore, you will be a part of our global client experience department that is responsible for supporting sales in gaining new assets, onboarding new clients, and servicing current clients. Each intern opportunity will differ based on the needs of the business area.

Generally, interns will be exposed to or be responsible for:

• Owning a portion of a client due diligence questionnaires (DDQs) or requests for proposals (RFPs).
• Client metric reporting and trend analysis.
• Client relationship management (CRM) system or client portal projects and enhancements. Many projects may span across all teams within Client Experience.
• You will collaborate with the CX group and our stakeholders within Distribution, Operations, or Investment teams to complete tasks and develop solutions.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Who You Are

• Working towards or have an undergraduate or graduate degree in Finance, Accounting, Economics, Data Analytics, Business Analytics, or related majors.
• Excellent problem solving, analytical, organizational, and communication skills required.
• Work in fast-paced environment.
• Intellectual curiosity.
• Minimum 3.0 GPA

Skills That Will Help You Stand Out

• Intermediate to advance Microsoft Office skills (including Word, Excel, and PowerPoint)
• Intermediate to advanced understanding of investment concepts
• Exposure with data visualization tools such as Tableau, Power BI or others are a plus
• Highly detail oriented, curious, and self-driven
• Willingness to tackle new tasks and look for ways to improve or automate processes
• Project oriented with ability to drive and compile meaningful results

The ideal candidate will use their problem-solving abilities and critical thinking to review trends, complete tasks, and implement process solutions. Assertiveness and attention to detail are also key to this area of our company.

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)

$20 - $31 / hour

Time Off Program

Paid company holidays and any time off required in your state.

Pension Eligible

No

Our Internship Culture

Join an established program that provides hands-on experiences for 200+ interns each year! You'll learn new skills with dedicated teams and mentors, build your professional network and collaborate across a global Fortune 500 company. We care about offering you diverse experiences and exciting challenges that push you to reach for bigger life goals, all while enjoying our flexibility and work life balance. Join us for events such as our Executive Speaker Series, gain career direction, and much more!

https://www.principal.com/about-us/careers/internships

Internship Stipend

You will receive a lump sum stipend of $3,000. This amount is intended to support incidental expenses you may incur as part of your internship. The Company will provide a tax gross-up on this stipend as a financial benefit, but is not intended to compensate for all tax liabilities.

Location

This role is hiring for onsite/hybrid in our Des Moines, IA office location.

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 interns.

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

10/25/2024

Most Recently Posted Date

10/25/2024