Risk Management Internship- 2027

What You'll Do

We are seeking a motivated and detail-oriented intern to join our Risk Management team for Summer 2027! This position offers hands-on experience in identifying, assessing, and mitigating risks across Principal. Interns may support enterprise risk management or investment risk management in Principal Asset Management, depending on business needs, candidate background, and areas of interest. You will work closely with risk management professionals while gaining exposure to business leaders, control partners, and internal audit as we work through real-world risks & opportunities that financial services firms face in today’s business environment.

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!

Responsibilities

• Assist in risk assessments, control evaluations, and analysis across our business operations, enterprise functions, or investment portfolios
• Support the development and maintenance of risk registers, dashboards, reporting, and leadership materials
• Research emerging risks, industry trends, and best practices
• Collaborate with internal stakeholders to support implement risk mitigation strategies

Who You Are

• Currently pursuing an undergraduate or graduate level degree in Risk Management, Finance, Business, Economics, Actuarial Science, or a related field is required
• Undergraduate GPA of 3.0 is required
• Coursework or experience in risk management, investments, financial modeling, compliance, or data analytics
• Meaningful involvement with community or school organizations and/or through work experience is preferred
• Proficiency in Microsoft Excel, Word, and PowerPoint

Skills That Will Help You Stand Out

• Familiarity with Governance, Risk & Compliance tools (such as  ServiceNow or Archer) and data visualization tools (such as Power BI).
• Experience using Bloomberg and/or advanced Excel skills (VBA, Bloomberg add-in, pivot tables etc.)
• Strong analytical and problem-solving skills, including the ability to connect data, business context, and risk implications
• Excellent written and verbal communication abilities
• Ability to work independently and manage multiple tasks in a fast-paced environment

Salary Range Information

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

Time Off Program

Pension Eligible

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

Summer Internship Stipend

You will receive a lump sum stipend of $4,000 (net of taxes). 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 amount listed above as a financial benefit but is not intended to compensate for all tax liabilities.

Work Environments

This role offers in-office and hybrid (blending at least three office days in a typical workweek) work arrangements between May-August. Remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC) available during school year (January-May for Spring Extension/Co-Op or August-December for Extension/Fall Co-Op). 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 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

Original Posting Date

Most Recently Posted Date

Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights.