Principal Financial Group Inc

Lead Payroll Integration Manager (Hybrid Role)

Principal Financial Group Inc$69K — $126K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent experience required, plus 4+ years of related experience.
  • Working knowledge of business processes, financial services products, and supporting systems.
  • Strong analytical, problem-solving, communication, and relationship management skills.
  • Ability to manage multiple priorities, meet deadlines, and drive results in a fast-paced and ambiguous environment.
  • Strong attention to detail with an ability to understand cross-functional impacts and downstream process implications.

Responsibilities

  • Serve as the lead point of contact for NQ payroll setup and integration efforts.
  • Lead end-to-end payroll implementation activities including configuration, testing, and validation.
  • Provide subject matter expertise on payroll setup and integration processes and strategies.
  • Partner across teams to align standards and deliver scalable solutions.
  • Lead FTP-to-IPP migration efforts for automated integration methods.
  • Identify opportunities to reduce manual work and enhance the client experience.
  • Develop and maintain procedures and training resources related to payroll integration.

Benefits

  • Flexible Time Off (FTO) policy for salaried employees.
  • Pension eligibility for employees.
Full Job Description
What You'll Do

The Lead Payroll Integration Manager will serve as the primary owner and subject matter expert for payroll setup and integration within the Nonqualified (NQ) Retirement Solutions business. This role is responsible for leading client and payroll provider conversations, supporting accurate and secure data integration, and helping establish scalable processes that improve the client, participant, and operational experience.

 

This individual will coordinate closely with clients, payroll vendors, consultants, technology partners, onboarding, administration, and the WSRS (401k) Payroll Integration Team to support new implementations, conversions, and migration efforts. The role requires strong ownership, consultative communication, technical curiosity, and the ability to drive progress in an evolving area of the business.

 

Key Responsibilities

  • Serve as the lead point of contact for NQ payroll setup and integration efforts, including client, payroll provider, consultant, and internal partner coordination.
  • Lead end-to-end payroll implementation activities, including file specifications, configuration, testing, validation, issue resolution, and production readiness.
  • Provide subject matter expertise on NQ payroll setup and integration processes, payroll file requirements, provider capabilities, migration strategies, and downstream administrative impacts.
  • Partner across onboarding, administration, consulting, technology, operations, and WSRS Payroll Integration teams to align standards, share best practices, and deliver scalable solutions.
  • Lead and support FTP-to-IPP migration efforts, transitioning clients from legacy file solutions to more automated integration methods that improve efficiency, scalability, and risk controls.
  • Identify opportunities to reduce manual work, improve quality, strengthen controls, and enhance the overall client and participant experience.
  • Develop and maintain procedures, training resources, and quality standards related to payroll setup and integration processes.
  • Demonstrate initiative and ownership by leveraging available resources, building expertise, solving problems independently, and establishing credibility with limited day-to-day direction.
Who You Are

We are looking for someone with:

  • Bachelor’s degree or equivalent experience required, plus 4+ years of related experience.
  • Working knowledge of business processes, financial services products, and supporting systems.
  • Strong analytical, problem-solving, communication, and relationship management skills.
  • Ability to manage multiple priorities, meet deadlines, and drive results in a fast-paced and ambiguous environment.
  • Strong attention to detail with the ability to understand cross-functional impacts and downstream process implications.
  • Demonstrated ability to work independently and collaboratively while proactively seeking information, resources, and partnerships.

Preferred Qualifications — Skills that will help you stand out

  • Working knowledge of non-qualified deferred compensation plans, including plan design complexities, Section 409A requirements, payroll deduction structures, and related administrative impacts.
  • Experience implementing or supporting payroll, HRIS, benefits, or retirement plan integrations.
  • Experience with payroll setup, payroll deduction codes, payroll administration, or vendor payroll file requirements.
  • Experience managing client implementations, onboarding projects, conversions, or complex operational initiatives involving multiple stakeholders.
  • Knowledge of file transmission methods, data mapping, validation, testing, and integration controls.
  • Experience supporting process improvement, operational excellence, automation, or scalable workflow design.
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$69300 - $126000 / year Salary Details

Work Environment

This role offers in-office and hybrid (blending at least three office days in a typical workweek), in Des Moines, IA, Charlotte, NC or Raleigh, NC. You’ll work with your leader to figure out which option may align best based on several factors.

 

Work Authorization/Sponsorship

 

At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.) 

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

 

Investment Code of Ethics

 

For Principal Global Investors 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.

 

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 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)9/15/2026 Latest Post Date: Careers - US9/15/2026

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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