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Principal PhD Fellowship - Data & Ops Research Scientist (Summer 2021) in Des Moines, Iowa

What you’ll do:

In this role, you are required to use quantitative methods, GIS, advanced mathematical models, operations research techniques, simulation and strong business acumen to deliver insight, recommendations and solutions for Principal and related businesses. You are required to formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation or other managerial functions.

You’ll play a crucial role in leading world class financial solutions, logistics and distribution capacity planning and diagnostics, network design, flow modeling and operations research on regional and global levels. You’ll help drive decisions that optimize total cost, lead time on strategic and tactical, and more opportunistic levels. You will present compelling, validated stories to all levels of organization, including peers, senior management and internal customers to drive both strategic and operational changes in business.

Accountabilities:

  • Serve as consulting resource for quantitative sciences, experimental design and data analysis methodologies for target Principal business units.

  • Prepare and conduct training to Principal community on relevant topics of statistics and data science.

  • Maintain expertise in the proper application and use of quantitative tools for the management of Principal business unit objectives.

  • Serve as “power user” subject matter expert for the ongoing development and optimization of at least one critical quantitative science objective used by Principal.

  • Communicate opportunities for improvement of quantitative science applications to the development or maintenance teams, based on personal use or user feedback.

We’re looking for someone with:

  • Current enrollment or has a PhD in a recognized Quantitative science field, GIS, Operations Research, all Engineering disciplines, quantitative social science fields or Mathematics or a related field

  • Minimum 3.0 Cumulative GPA

  • Analytical thinking skills

  • Strong influencing skills to lead alignment and adoption on process and methods

  • Good communication skills

  • People skills that will build bridges

  • Drive for translating business problems into research initiatives that deliver business value

  • Creativity in defining challenging exploratory projects and developing solutions

Preferred Qualifications

  • Previous experience with statistics, applied mathematics, operations research, and simulation is highly desired

  • Expertise in probability theory, Bayesian statistics, textual analytics, queuing theory, game theory is desirable

  • A good understanding of algorithms and computational complexity is desirable

Location

Fellowship location will be either onsite in Des Moines, IA or virtually from your location selection. Decisions on the location will be shared throughout the interview process.

Investment Code of Ethics

For Principal Global Investors 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

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.

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.

Requisition ID: 2020-28377

Enterprise Segment: PGI

Business Area: PGI Other

Street: 711 High Street

Remote: No

FLSA Status: Non-Exempt

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