Experienced Portfolio Manager (Hybrid - Des Moines)

What You'll Do:

We have an exciting opportunity within the Benefits & Protection Portfolio Office for a Portfolio Manager who can contribute in an outcome focused agile organization. This is a chance to engage with multiple roles and stakeholders across businesses, functions, technology product families, providing project and portfolio management, and enabling support that helps us accomplish business initiatives together.

 

You’ll have the opportunity to:

• Lead critical initiatives while working across business functions and technology product families to drive outcome - focused solution delivery.
• Operate within a product leadership team to provide project and portfolio management, supporting leaders, product managers, and stakeholders.
• Lead planning, prioritization, risk, dependency, and investment management to bring clarity, organization, and transparency to business-critical work.
• Orchestrate and strengthen delivery execution across product teams, ensuring alignment and coordination across teams and products.
• Optimize delivery health, predictability, and continuous improvement while advancing shared standards, metrics, and ways of working through agile practices.
• Navigate ambiguity and change while building strong relationships, empowering teams, and fostering a culture of collaboration, innovation, and growth.

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.

Who You Are:

 

We are looking for someone with:

• Bachelor’s degree or equivalent experience
• 6+ years of project/program/portfolio management, including experience supporting or leading software delivery in Agile environments.
• Demonstrated capability to effectively oversee numerous priorities and manage delivery for complex initiatives involving multiple teams, dependencies, and stakeholders within a fast-paced setting.
• Proficient in leveraging and tailoring portfolio/project management approaches in an agile outcome driven organization.
• Advanced in planning, organization, prioritization, dependencies, problem solving, and stakeholder engagement.
• Able to work independently and in a team orientated environment.
• Strong communication, facilitation, presentation, and influencing abilities.
• Excellent interpersonal and relationship building skills.
• Expertise in agile, product, and dev-ops concepts, with the ability to adapt practices based on context.
• Demonstrated adaptability and results orientation.

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: $110200 - $171000 / year Salary Details:

The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. 

• Portfolio Manager 2: $110,200 - $148,200 / year
• Strategic Portfolio Manager I: $127,000 - $171,000 / 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 Additional Information:

Job level

We’ll consider talent at the next level with the right experiences and skills.

 

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek). 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 (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 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

While our expertise spans the globe, we're bound by one common purpose: to foster a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to grow your career.

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.

Posting Window: We 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): 7/31/2026 Latest Post Date: Careers - US: 7/31/2026