Principal Asset Management

Principal Asset Management's investment, operations, and analytics hires enter Principal Financial Group's unified students and recent-graduates careers funnel. Summer internships run 10 to 12 weeks between spring and fall semesters; the investment operations track offers a six- to nine-month full-time format, and some other tracks run a six- to seven-month co-op. Recent-graduate hires enter one of several named rotational programs:

• Financial Analyst Development Program: 36 months in Des Moines, rotations across business-unit FP&A and corporate finance
• Accounting Rotation Development Program: up to 36 months, 6 to 9 months per rotation, Des Moines
• Commercial Real Estate Rotational Analyst Program: 24 months, four six-month rotations, Des Moines
• Leadership Development Program: up to 36 months, four to six self-selected rotations, Des Moines
• Actuarial Development Program: three rotations of 18 to 30 months, Des Moines, with a commitment to the FSA designation

The investment, accounting, and real-estate tracks all run out of Des Moines, so a candidate splitting applications across coastal asset managers and Principal is weighing not only the role but a relocation to Iowa for the duration of the program.

Principal's internship and recent-graduate intakes both run on a rolling cycle. Internship postings typically launch by mid- to late August, and recent-graduate program postings go live in August and are reviewed on a rolling basis until the positions are filled, "typically by mid-fall." The firm explicitly tells applicants to apply "sooner rather than later to avoid missing out." There is no single published deadline, which means later submissions compete against earlier ones already in review: a candidate watching this firm needs a complete application ready by the start of the fall semester rather than later in the season.

Principal Asset Management is the global investment arm of Principal Financial Group, with $577.9 billion in AUM as of 31 March 2026 and a structure of specialized investment teams — Principal Global Investors, Principal Real Estate Investors, and Spectrum Asset Management among them — rather than a single integrated investment platform. Real estate sits as a separately-branded specialist franchise inside the group, which is uncommon at this AUM scale. The parent Principal Financial Group is headquartered in Des Moines, Iowa, and the rotational programs feeding recent graduates into the firm are concentrated there, so for an investment, accounting, or real-estate early-career hire, the Des Moines location is part of the offer rather than incidental to it.

Yes. Principal Asset Management currently has 1 open internship or graduate role on Jorb AI: summer internships, insight programs, graduate schemes, and early-career positions across the United States. Postings update continuously as new roles are added and filled.

Principal Asset Management has open internship and graduate roles in the United States. Specific offices and program structure (summer vs year-round, internship vs graduate scheme) vary by region; check individual postings for details.

Applications to Principal Asset Management go through the official careers site. Each role on this page links directly to the specific application. Principal Asset Management does not use third-party submission services.