Principal Financial Group Inc

Assistant Director - Engineering, Mainframe Services

Principal Financial Group Inc$145K — $185K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in computer science, technology, or engineering or equivalent experience
  • 8+ years of enterprise-level technical experience
  • Formal people leadership experience
  • Experience leading complex infrastructure or platform teams
  • Strong background in vendor management
  • Experience defining strategy and leading through change
  • Proven ability to influence in a matrixed environment
  • Strong communication skills between technical and business stakeholders

Responsibilities

  • Define and execute strategy for mainframe platform modernization
  • Lead and inspire a global infrastructure engineering team
  • Partner with business and technology leaders for platform alignment
  • Ensure operational stability, resiliency, and performance
  • Champion modernization and self-service capabilities
  • Build and manage strong vendor relationships

Benefits

  • Flexible Time Off (FTO) policy for salaried employees
  • Pension eligibility
  • Opportunities for professional growth within an innovative culture
  • Exposure to product-driven Agile/Lean DevOps environment
  • Work in a collaborative and diverse team atmosphere
Full Job Description
What You'll Do

We’re looking for an Assistant Director of Engineering to join our Information Services team. In this role, you’ll lead the strategy and evolution of our mainframe platform while guiding an engineering team and vendor partners through a period of modernization and transformation.

You’ll have the opportunity to
  • Set strategic direction: Define and execute the long-term strategy and roadmap for our mainframe platform, including modernization and transformational efforts
  • Lead and inspire: Lead an infrastructure engineering team, setting direction, priorities, and clear accountability across a multi-layered global organization while coaching and developing engineering talent (both direct and matrixed), fostering a culture of ownership, collaboration, and continuous improvement across a global team
  • Drive alignment: Partner with business and technology leaders to align platform capabilities with enterprise priorities and evolving business needs
  • Innovate for impact: Ensure stability, resiliency, and performance of the platform through strong operational governance, root cause analysis, and continuous improvement practices
  • Stay future-focused: Champion modernization, automation, and self-service capabilities to improve developer and user experience while optimizing cost and efficiency
  • Vendor Management: Build and manage strong vendor relationships (including managed service partners), ensuring quality delivery, accountability, and alignment to business outcomes
Who You Are
  • Bachelor's degree (preference in a computer science, technology, engineering or math-related field) or equivalent experience
  • 8+ years of enterprise-level technical experience, demonstrating progressive responsibility and impact
  • Formal people leadership experience, coaching talent, and building a culture of accountability and collaboration
  • Experience leading complex infrastructure or platform teams, with exposure to mainframe environments
  • Strong background in vendor management, including managing managed service providers and holding partners accountable for outcomes
  • Experience defining strategy, influencing across stakeholders, and leading through organizational and technology change
  • Proven ability to influence across global teams and leaders in a highly matrixed environment
  • Strong communication skills, with the ability to translate between technical and business stakeholders
Skills That Will Help You Stand Out
  • 4+ years of technology leadership managing and mentoring direct reports; proven ability to build strong teams and a culture of accountability
  • Deep experience with mainframe platforms and architecture
  • Experience leading modernization or platform transformation efforts (e.g., offloading, integration, or migration strategies)
  • Familiarity with capacity planning, infrastructure lifecycle management, and large-scale system integrations
  • Experience working in highly regulated environments with strong security and audit requirements
  • Background partnering closely with business units to align technology roadmaps to evolving business strategies
Salary Range InformationSalary 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$145000 - $185000 / year Time Off ProgramFlexible 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 EligibleYes Additional Information Work Environments

This role offers an in-office and hybrid (blending at least three office days in a typical workweek) work arrangement in Des Moines, IA.

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 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.

Posting WindowWe 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. Date First Posted (TTF)6/1/2026 Latest Post Date: Careers - US6/2/2026

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About Principal Financial Group Inc

Principal Financial Group Inc Careers

Join the dynamic team at Principal Financial Group Inc, a global leader in investment management and retirement services. At Principal, we are committed to helping individuals and businesses achieve financial security and success, making now the perfect time to explore job opportunities with us.

Work You’ll Do

Embark on a career at Principal Financial Group Inc and contribute to our mission of empowering financial well-being across the globe. Our company offers a wide range of positions, from finance to technology, where your skills will help shape the future of financial services.

Innovate and Lead

At Principal, innovation and leadership go hand in hand. We provide a platform where your ideas can lead to groundbreaking financial solutions, driving growth and efficiency. Join our team and be at the forefront of industry-leading projects that redefine what is possible in the financial sector.

Grow Your Career

Principal Financial Group Inc is not just a company; it's a place where you can grow professionally and personally. We support career advancement through professional development programs, leadership training, and opportunities for networking and mentorship. Our commitment to diversity and inclusion ensures that all team members have the opportunity to succeed.

Experience Our Culture

Our culture is built on collaboration, respect, and a commitment to excellence. We believe in fostering a supportive environment where every team member’s contribution is valued. Enjoy benefits that support both your professional and personal life, and work alongside colleagues who are passionate about making a difference.

Internship and Employment Opportunities

Whether you're starting your career or looking to make a significant impact in your professional journey, Principal offers a range of internship and employment opportunities. Gain hands-on experience, work on real-world projects, and learn from leaders in the financial industry.

Join Our Team

Ready to take the next step in your career? Explore the job opportunities at Principal Financial Group Inc. We are hiring creative, curious, and motivated individuals who are ready to drive innovation and lead with integrity. Check out our open positions, tailor your resume, and prepare for an interview that could lead to your next great adventure.

Stay Connected

Keep up to date with the latest from Principal Financial Group Inc by following our careers blog. Get insider perspectives, tips for a successful interview, and the latest news on the financial industry that you can apply directly to your career.

Networking and Professional Development

At Principal, your growth is our priority. Enhance your professional skills through comprehensive training programs and connect with industry leaders and peers through our robust networking events. Our commitment to your development is unwavering, as we believe it is fundamental to our collective success.

Explore Careers at Principal Financial Group Inc

Discover the exciting career paths available at Principal. From internships to leadership roles, the opportunities for professional growth are abundant. Join us and contribute to a company that values innovation, leadership, and a diverse workforce dedicated to achieving exceptional results.

Apply Today

Are you ready to make a meaningful impact in the financial services industry? Search for open positions that match your skills and interests at Principal Financial Group Inc. We look for passionate, driven, and solution-oriented team players. Start your journey with us today and be part of a team that’s redefining the future of finance.

Principal Financial Group Inc—where careers grow, innovation thrives, and leaders are made.

Learn more about Principal Financial Group Inc
Size
18,600 employees
Market Cap
$20.7 billion
Industry
Net Income
$1.3 billion
5 Year Trend
+2.7%
Revenue
$14.7 billion
NASDAQ

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