Principal Financial Group Inc

Sourcing Consultant

Principal Financial Group Inc • $89K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in sourcing, supply chain management, contract negotiation, or contract law
  • Knowledge of strategic sourcing principles and supplier management
  • Experience managing contracts with stakeholders
  • Preferred experience in professional services categories

Responsibilities

  • Coach and influence leaders to drive effective category management strategies
  • Collaborate with leaders to provide solutions meeting customer needs
  • Support overall category management objectives
  • Ensure compliance with supply chain policies and procedures
  • Lead strategic sourcing and supplier management for complex needs
  • Analyze data for insights to inform business decisions

Benefits

  • Flexible Time Off (FTO) policy allowing for paid time off without set limits
  • Pension eligibility
  • Comprehensive benefits focused on employee well-being
  • Opportunity for hybrid work arrangements
  • Emphasis on diverse and inclusive workplace culture
Full Job Description
What You'll Do
  • Coach and influence internal and external leaders and teams to promote effective strategies in category management and accomplish business objectives
  • Collaborate with our leaders to deliver solutions for their business needs as we produce outcomes our customers love
  • Support overall category management objectives
  • Support internal compliance and supply chain policies, procedures, strategies, and guidelines
  • Lead end-to-end strategic sourcing and supplier management activities for medium-to-high complexity third-party needs, including supply and demand planning, supplier selection, contract negotiation, and supplier relationship management
  • Analyze data to identify meaningful insights and support business decision-making
Who You Are
  • 5+ years of related experience (e.g., sourcing, supply chain management, contract negotiation, or contract law) demonstrated through work experience, training, military experience, or education
  • Knowledge of and experience with strategic sourcing principles, supplier management, and contract negotiation. Experience supporting professional services categories is preferred
  • Demonstrated experience managing contracts and partnering with stakeholders to deliver sourcing outcomes
Skills That Will Help You Stand Out
  • Extensive experience negotiating professional services agreements
  • Prior experience includes analyzing spending patterns, managing supplier relationships, tracking performance, reporting, and strategic planning
  • Experience as a sourcing consultant supporting consulting, managed services, outsourced services, or other indirect procurement categories
  • Experience with contingent workforce programs and staffing MSPs
  • Interest in market intelligence and analytics within the professional services industry
  • Demonstrated ability to analyze complex problems and effectively collaborate with others to drive positive outcomes
  • Strong oral and written communication skills
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$89300 - $127000 / year Salary Details

The following locations are examples of market-specific salary ranges across the two cities this position is open to.

  • Des Moines, IA: $89,300 - $120,650 / year
  • Charlotte, NC: $94,000 - $127,000 / 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 Location(s)

We’re open to considering in-office or hybrid talent. Locations for hybrid talent are Des Moines, IA or Charlotte, NC. You’ll work with your leader to figure out which option may align best based on several factors. You can check out what our Global Headquarters looks like here:

 

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 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)9/24/2026 Latest Post Date: Careers - US9/25/2026

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

Similar Jobs

More Jobs at Principal Financial Group Inc

More Finance & Insurance Jobs

Find similar Sourcing Consultant jobs: