Product Manager 2

Product Manager

We are seeking a Product Manager to support one of the most critical areas of our business - Financial Recordkeeping (FRK). FRK powers the core financial processing for our Nonqualified business, including assets, liabilities, investments, and the transaction engines that support them. This is a complex, high-impact space with opportunities to improve stability, access to data, and long-term modernization. In this role, you will partner closely with engineering, product, and business teams to deliver meaningful improvements, strengthen platform health, and help evolve FRK into a more scalable and accessible platform over time.

Partner with engineering and cross-functional teams to advance strategic business goals through strong product leadership. Lead discovery efforts to identify, frame, and prioritize high-impact opportunities for customers and the business. Define and champion a clear product vision and strategy aligned to enterprise goals and long-term value creation. Influence and align collaborators across the organization, driving decisions that balance customer needs, technology, and business priorities. Collaborate closely with engineering and experience teams to translate strategy into clear direction and measurable outcomes. Leverage data, insights, and feedback loops to continuously assess product health and uncover opportunities for growth. Provide leadership through ambiguity, connecting day-to-day decisions to broader strategy while elevating product thinking across teams.

About Principal: 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. As Principal continues to modernize its systems, this role will offer you an exciting opportunity to build solutions that will directly impact our long-term strategy and tech stack, all while ensuring that our products are robust, scalable, and secure!

Who You Are: You have 4+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, military experience, or education. You have 2+ years working in a highly collaborative, fast-paced product environment with product or engineering teams and stakeholders. Skilled at integrating diverse perspectives and using customer, user, and partner insights to drive informed decisions. Experienced in financial, transactional, or regulated environments, with the ability to lead through complexity and align across competing priorities.

Skills That Will Help You Stand Out: Demonstrated ability to influence without formal authority, driving alignment and outcomes across complex, cross-functional teams. Proven track record of leading or contributing to the transformation of complex systems into scalable, platform-oriented solutions. Financial platform experience.

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) $104400 - $163200 / year. Salary Details: The following locations are examples of market-specific salary ranges across different geographies. Wichita, KS: $104,400 - $122,400 / year. Des Moines, IA: $110,200 - $129,200 / year. Charlotte, NC: $116,000 - $136,000 / year. Chicago/Minneapolis: $127,600 - $149,600 / year. Los Angeles/New York City: $139,200 - $163,200/ 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.

Our Product 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 engineering teams 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, Charlotte, NC, and Raleigh, 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, Senior Product Manager I, with the right experiences and skills. Senior Product Manager I minimum qualifications: 6+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, training, military experience, or education. 3+ years working in a highly collaborative, fast-paced product environment with product or engineering teams and collaborators.

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

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.

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.