Intern, Investment Solutions Asset Management (Undergraduate and Graduate) Summer 2026

Investment Solutions Team Summer Intern

We're looking for a summer intern to join our Investment Solutions Team in Principal Asset Management. In this role, you'll be responsible for assisting the team in various investment-related functions. The intern will :

• Learn Liability-Driven Investment (LDI) concepts and contribute to the development and implementation of sophisticated investment solutions
• Design client-facing reports and presentations
• Use advanced investment tools to generate data for client-facing material
• Gain exposure to investment solution design and delivery of that solution to a client or prospect
• Optimize existing structuring and reporting processes

Principal Asset Management Investment Solutions group specializes in developing customized, outcome-oriented investment strategies for clients worldwide. By using its deep quantitative expertise, the team addresses complex investment and risk management challenges, delivering thorough analysis that supports the design of tailored, resilient strategies. The group offers a range of solutions, including Liability-Driven Investing (LDI), Outsourced CIO (OCIO), and Wealth Portfolio management for both institutional and retail clients.

Principal Asset Management, a subsidiary of Principal Financial group, offers global asset management expertise across a diverse set of traditional and alternative asset classes.

We are hiring at the Graduate or Undergraduate level for Summer 2026.

Who You Are :

Skills That Will Help You Stand Out :

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) $29 - $29 / 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.

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(s) :

This internship will be located at either our Global Headquarters in Des Moines, IA.

Work Environments :

This role offers the ability for in-office, or four days in-office and one day remote in Des Moines, IA. You'll work with your leader to determine 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.

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.