Demo

Product Manager II- Distribution Consulting

Principal Financial Group
Des Moines, IA Full Time
POSTED ON 4/15/2025
AVAILABLE BEFORE 10/2/2025
What You'll Do

We are looking for a Product Manager II to join our Retirement and Income Solutions team, focusing on Participant Distribution Consulting strategies.

 

In this role, you will focus on delivering valuable and viable solutions as well as drive outcomes, in partnership with the product team. You will demonstrate curiosity, flexibility, and motivation to gain exposure and experience in all phases of the product lifecycle.

What You’ll Do

  • Define key business outcomes and requirements for the Roll-in product offering which serves participants transitioning assets to Principal, and the Distribution Consulting service focused on providing participant asset advice at benefit event.
  • Develop multi-staged product roadmaps and complete the Participant Roll-in and Distribution Consulting rollover strategies.
  • Collaborate with marketing and project management to accurately represent the product, drive growth through campaign initiatives, and suggest improvements for participant value.
  • Partner with participant-facing engagement team leaders to ensure staffing and volume alignment with product goals.
  • Conduct competitive analysis, review product data and insights to find opportunities/problems to solve, and articulate hypotheses.
  • Work with compliance and supervision to ensure adherence to required advice policies and fiduciary requirements.
  • Improve data aggregation and asset consolidation by bringing to bear technology for enhanced scalability across human and digital channels.
  • Contribute to a product team by evaluating experiments, working together to uncover insights, and communicating findings to collaborators and customers.

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!


Who You Are

  • 4 years of business, technology, or product management experience; or equivalent demonstrated through work experience, training, military experience, or education.
  • Strong communication skills, including the ability to influence and negotiate with collaborators at all levels.
  • Requires an in-depth knowledge of the company and the industry, and comprehensive knowledge of technology and its role in solving business problems.
  • Possesses understanding of the techniques and methods of modern product discovery and product delivery.
  • Strong critical thinking/vision, collaboration and decision-making skills along with business savviness and relationship management abilities.
  • Understanding of participants' needs, retirement market dynamics and operations, competition, and trends.
  • Proven experience collaborating, influencing, and negotiating in a professional team environment, including demonstrating varied perspectives and data to inform actions.
  • High-level technical understanding.

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)

$95200 - $182400 / 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

Yes
Additional Information

Our Engineering Culture

Through our product-driven Agile/Lean DevOps environment, we’ve fostered a culture of innovation and experimentation across our development teams. As a customer-focused organization, we work closely with our end users and product owners to understand and rapidly respond to emerging business needs.

Collaboration is embedded into everything we do – from the products we develop to the quality service we provide. We’re driven by the belief that diversity of thought, background, and perspective is critical to creating the best products and experiences for our customers

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 Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.

Job level

We’ll consider talent at the next level with the right experiences and skills.

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

10/2/2024
Most Recently Posted Date

10/2/2024

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Salary : $95,200 - $182,400

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