internship
Intern - Quantitative Research, Principal Asset Allocation (Undergrad or Graduate - Summer 2027)
Principal Financial Group
- Employer
- Principal Financial Group
- Location
- Des Moines, Iowa, United States
- Working pattern
- on-site
- Salary
- $29–$40 / hour
About the role
Conduct quantitative research and analyze financial and macroeconomic data to support systematic multi-asset investment strategies. Develop and evaluate investment signals and portfolio models, perform backtesting and portfolio risk diagnostics, improve research workflows, and present findings to investment teams. Applicants must be pursuing a bachelor's, master's, or PhD degree in a quantitative field, have Python proficiency, and demonstrate strong analytical skills and interest in quantitative investing. The role requires full-time onsite availability in New York City or Des Moines for Summer 2027; preferred qualifications include investment research experience, derivatives knowledge, financial data platform experience, and a GPA of 3.5 or higher.