Principal Financial Group Des Moines , IA 50301
Job Area: Investments
Business Area: PGI Real Estate
Location: IA - Des Moines
Career Category: Intern
Full/Part Time: Full-Time
Date Posted: 2018-10-24
Pursue your calling and make an impact.
We know it's important to get off to a great start with your career. Principal offers multiple opportunities to gain experience, make connections, and provide fast-tracked opportunities to learn our business from the inside out.
You're not just looking for an internship.
We hear you. That's why working with us isn't just about skill sets and job responsibilities. We care about offering you diverse experiences, rewarding challenges, and global opportunities that push you to reach for bigger life goals.
The Internship Experience
Principal will host 200 interns across various business units and teams. You will meet with senior executives, gain career direction, and contribute to work that helps our customers live their best lives - all at a Fortune 500 company who invests in your personal and professional development.
Did we mention you'll have plenty of time to explore Des Moines?
Principal is headquartered in Des Moines, Iowa, the Midwest's best-kept secret. You'll get a chance to network at social events and volunteer in the community with peers and team members. From its miles of trails and lakes, local wineries and breweries, to world-class music, theater and a thriving foodie scene, Des Moines offers big-city perks with small-town charm.
Worried about relocating to Des Moines? Don't worry, we offer relocation and housing assistance to those who are eligible.
Principal Real Estate Investors is offering an exciting opportunity for students interested in Commercial Real Estate investments. This paid extended internship is a full-time position from January through early August OR May through early December 2019. During this 7+ month internship, students will have exposure to many areas of Commercial Real Estate, more specifically they will have the opportunity to work on one of the teams mentioned below.
Responsibilities will include researching and underwriting potential investments, consolidating investment information and reporting on current investment portfolios while also gaining experience with ARGUS software.
The various teams within Principal Real Estate Investors include:
Commercial Mortgage Backed Securities
CalSTRS-California State Teachers' Retirement System
Acquisitions & Dispositions
Commercial Mortgage Servicing
Commercial Mortgage Underwriting
All applicants must be available to work full time in Des Moines, Iowa from January through early Augus.t OR May through early December 2019.
And, if you have 2 minutes, you'll want to watch this video about our company:
Applicants must be pursuing a bachelor's degree in a field related to real estate, finance, accounting, or economics
Ideal applicants will have exposure to commercial real estate concepts through intermediate level class work, student organization involvement or internship/employment experiences
Communication and leadership skills, demonstrated through formal positions in student organizations or employment experiences, are strongly preferred
3.0 GPA or higher is strongly preferred
Prefer applicants with a minimum of one semester of schooling remaining post-internship
Investment Code of Ethics
You will be required to comply with a Code of Ethics which covers personal trading activities for you and members of your household.
This position is intended to groom potential applicants for full-time roles at Principal. These positions are not eligible for sponsorship for work authorization, therefore, if you will require sponsorship for work authorization now or in the future, we cannot consider your application at this time. Due to the fact student visas (J1, F1, etc...) are time-limited, we regret we cannot consider candidates on student visas.
Principal is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status or any other characteristic protected by law.
What's next? Innovation at its finest.
We'll review your application and if you're selected for an interview, you'll receive an invite for an On-Demand Video interview. Haven't done that before, don't worry. We've got all the tips and tricks available to help you be successful. With an On-Demand Video Interview, you can add your own flair and personality at your pace.
Be sure to check your email frequently. We'll communicate our decisions through the email address used on your online profile. If you receive an email from Principal Talent Team, you've been selected to begin your video interview and have a set time to submit once you log in.