Financial Risk Manager Jobs in Iowa (NOW HIRING)

What You'll Do

We’re looking for an Insurance Risk Manager to join our Commercial Mortgage Servicing - Loan Operations team. In this role, you’ll you will be responsible for managing the insurance risk for medium to large customized commercial real estate loans for a variety of lending platforms. This includes formulating risk analysis and recommending courses of action to portfolio managers or others as appropriate. 

How you’ll spend your time 

• Provide insurance risk consultation, analysis, expertise, and technical direction on insurance matters for commercial real estate loans during all stages, including pre-application, construction & construction conversion, origination, and servicing.  

• Manage and direct the insurance risk review process during loan origination, including independently analyzing insurance documentation, due diligence, and loan agreements to formulate insurance coverage requirements and recommendations which align with client risk tolerance.  

• Analyze complex loan documentation, loan structures, contractual requirements, and other legal documentation which impact or are related to insurance to determine compliance, assess risk and provide strategic risk management and mitigation solutions and recommendations that balance stakeholder interests with sound risk assessment principles. 

• Review and interpret insurance policy language, leasing agreements, and loan related covenants to ensure all components are working together to protect the collateral. 

• Lead critical discussions with various stakeholders, provide decisive input and drive strategic decision-making to resolve complex insurance matters, including negotiation and revision of insurance related loan documentation.  

• Perform advanced risk modeling for catastrophic exposures, including named storms, floods, seismic events, and other natural phenomena or equivalent. 

• Ensure critical compliance standards and timelines are maintained through the effective and timely management and resolution of escalated non-compliance matters. 

• Advise and mentor the Insurance Compliance Analysts on the handling of critical non-compliant insurance, providing technical guidance to the insurance team in their review. 

• Maintaining assigned sections of procedural manuals and managing ad hoc projects, queries, and audits as business needs arise. 

• Look for chances to create opportunities with new technology and new techniques. 

• Perform other job-related duties and special projects as required. 

Principal Asset Management is the global investment solutions business for Principal Financial Group® (Nasdaq: PFG), managing about $740 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a “Best Places to Work in Money Management” for 14 consecutive years! Check us out at www.principalam.com! 

Who You Are

• Bachelor’s degree in insurance, Finance, Real Estate, or a related field
• 10+ years of background in commercial real estate transactions or equivalent experience.  
• Background in real estate servicing, origination, closing, underwriting or insurance compliance analysis preferred. 
• Comprehensive understanding of insurance policies, coverages, concepts, and terminology and/or complex commercial property investment finance concepts and terminology.  
• Ability to independently analyze and interpret loan contractual requirements and other legal documentation as it relates to insurance. 
• Experience providing strategic risk management and mitigation solutions that align diverse interests with sound risk evaluation principles.  
• In-depth knowledge of underwriting principles and risk mitigation techniques. 
• Strong analytical, negotiation, and problem-solving abilities. 
• Highly organized and detailed with the ability to prioritize multiple tasks in a fast-paced environment.  
• Excellent verbal and written communication skills; able to work professionally with clients.
• Occasional travel to attend industry conferences for professional development. 

Skills That Will Help You Stand Out 

• Expertise in performing advanced risk modeling for catastrophic exposures, including named storms, floods, seismic events, and other natural phenomena. 
• Ability to provide insurance risk consultation and deliver technical expertise on transactions of varying types and sizes to internal stakeholders. 
• Strong capability to lead critical discussions and negotiations with borrowers, attorneys, and loan sponsors. 

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)
$84600 - $152400 / year
Salary Details

The following locations are examples of market-specific salary ranges across different geographies. 

• Wichita, KS: $84,600 - $114,300 / year
• Des Moines, IA: $89,300 - $120,650 / year
• Charlotte, NC: $94,000 - $127,000 / year
• Chicago/Minneapolis: $103,400 - 139,700 / year
• Los Angeles/New York City: $112,800 - 152,400 / year

Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don't accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible
No

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Raleigh, NC or Charlotte, NC). 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 employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.

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
5/21/2026
Most Recently Posted Date
5/20/2026

LinkedIn Remote Hashtag

#LI-RemoteQualifications:

• Bachelor’s degree in insurance, Finance, Real Estate, or a related field
• 10+ years of background in commercial real estate transactions or equivalent experience.  
• Background in real estate servicing, origination, closing, underwriting or insurance compliance analysis preferred. 
• Comprehensive understanding of insurance policies, coverages, concepts, and terminology and/or complex commercial property investment finance concepts and terminology.  
• Ability to independently analyze and interpret loan contractual requirements and other legal documentation as it relates to insurance. 
• Experience providing strategic risk management and mitigation solutions that align diverse interests with sound risk evaluation principles.  
• In-depth knowledge of underwriting principles and risk mitigation techniques. 
• Strong analytical, negotiation, and problem-solving abilities. 
• Highly organized and detailed with the ability to prioritize multiple tasks in a fast-paced environment.  
• Excellent verbal and written communication skills; able to work professionally with clients.
• Occasional travel to attend industry conferences for professional development. 

Skills That Will Help You Stand Out 

• Expertise in performing advanced risk modeling for catastrophic exposures, including named storms, floods, seismic events, and other natural phenomena. 
• Ability to provide insurance risk consultation and deliver technical expertise on transactions of varying types and sizes to internal stakeholders. 
• Strong capability to lead critical discussions and negotiations with borrowers, attorneys, and loan sponsors. 

Education:UNAVAILABLEEmployment Type: FULL_TIME