Principal Financial Group Inc

Product Manager, Payroll & Rewards product focus

Principal Financial Group Inc • $115K — $180K *
US-Anywhere
+ 5 other locationsRemote
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years in business, technology, or product management
  • 2+ years collaborating with engineering and business teams
  • Demonstrated experience leading products through their lifecycle
  • Proficient in applying critical thinking and data for product decisions
  • Strong ability to build stakeholder relationships and negotiate priorities
  • Experience mentoring product professionals and advancing management practices

Responsibilities

  • Own the Payroll product management lifecycle across multiple platforms
  • Lead product discovery, prioritization, and delivery processes
  • Partner with various teams to align priorities and deliver value
  • Collaborate on a cohesive Rewards product family roadmap
  • Facilitate prioritization discussions and identify product dependencies
  • Evaluate product health and monitor performance insights
  • Advance product management maturity by modeling best practices

Benefits

  • Flexible Time Off for personal and vacation needs
  • Pension eligibility for long-term retirement planning
  • Opportunity for work arrangements: in-office, hybrid, or remote
  • Comprehensive benefits aimed at physical, financial, and social well-being
Full Job Description
What You'll Do

We’re looking for an experienced Product Manager to join our HR Rewards product family team. In this role, you’ll lead the Payroll product portfolio while helping shape a connected strategy across the rewards product family which includes payroll, compensation, and benefits. You’ll bring an end to end product perspective to payroll, expanding the focus beyond technology delivery to include business strategy, operational workflows, stakeholder needs, and measurable product outcomes.

You'll have the opportunity to:
  • Own the end-to-end Payroll product management lifecycle across capabilities delivered through Oracle HCM, ADP, system integrations, and supporting operational workflows
  • Lead product intake, discovery, prioritization, and delivery by identifying high-value opportunities, defining desired business outcomes, testing hypotheses, and using data and insights to guide product decisions
  • Partner across payroll, human resources, technology, delivery, and vendor-supported teams to create shared understanding, align priorities, and remove barriers to delivering value
  • Collaborate with the compensation and benefits product manager to maintain a cohesive Rewards product family roadmap across payroll, compensation, and benefits
  • Facilitate roadmap, prioritization, and tradeoff discussions while identifying cross-product dependencies, impacts, risks, and investment opportunities across the rewards product family
  • Ensure payroll product decisions consider the broader impact on adjacent HR products and the rewards experience as a connected portfolio
  • Monitor product health and outcomes, evaluate the impact of releases, and make performance insights visible to product leaders, partners, and stakeholders
  • Advance product maturity within payroll by modeling strong product practices, improving ways of working, and serving as a mentor and thought partner who helps strengthen product management capabilities across the rewards product family
Who You Are
  • 4+ years of business, technology, or product management experience; or equivalent demonstrated through the following: work experience, training, military experience, or education
  • 2+ years partnering with engineering teams, business partners, and stakeholders in a highly collaborative, matrixed product environment
  • Experience leading one or more products through the product lifecycle, including strategy, discovery, prioritization, delivery, and outcome measurement
  • Experience applying critical thinking, customer and stakeholder insights, and data to identify problems, evaluate opportunities, and make product decisions.
  • Ability to lead through influence, champion stakeholder relationships, negotiate priorities, and build alignment across organizational boundaries
  • Experience mentoring and coaching product professionals along with advancing product management practices within an organization
Skills That Will Help You Stand Out
  • Product management experience within the payroll domain, working with ADP, Oracle HCM, or comparable enterprise payroll and HR platforms
  • Experience supporting products within a global organization, with the ability to apply a global approach and collaborate across regions
  • Strong product management maturity and can help business, technology, and program partners understand how their work connects to a cohesive product strategy
  • Financial services/retirement industry background
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$115000 - $180000 / year Salary Details

The following locations are examples of market-specific salary ranges across different geographies.

  • Wichita, KS: $115,000 - $135,000 / year
  • Des Moines, IA: $120,000 - $145,000 / year
  • Charlotte, NC: $125,000 - $150,000/ year
  • Chicago/Minneapolis: $135,000 - $165,000 / year
  • Los Angeles/New York City: $150,000 - $180,000 / 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 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.

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)9/23/2026 Latest Post Date: Careers - US9/24/2026

LinkedIn Remote Hashtag

#LI-Remote

LinkedIn Hashtag

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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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