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Analyst, Underwriter (Direct Lending)

Principal Financial Group | Des Moines, United States | Posted June 06, 2026

Position Overview

**What You'll Do**

Principal Alternative Credit is the direct lending arm of Principal Asset Management, providing flexible financing solutions to sponsor-backed and non-sponsored middle-market companies. Since launching in 2020, the platform has scaled rapidly, deploying capital across leveraged buyouts, refinancings, recapitalizations, and growth investments.

**We’ll** **help you** **build a successful career through:**

+ Coaching and mentorship from senior team members committed to your long-term development

+ Ongoing training and opportunities to build new skills and take on increased responsibility

+ Access to tools and resources that enable you to work efficiently and effectively

+ Opportunities to expand your network through volunteering, targeted events, and strategic introductions ** **

**As an Analyst, you will:**

+ Conduct due diligence including company and industry research, financial analysis, and...

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