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Principal Financial Group Director of Engineering (Modernization & Cloud for Retirement) in Des Moines, Iowa

What You'll Do

We’re looking for a Director of Engineering to join our Retirement & Income Solutions business. In this role, you’ll help to build and implement strategies for modernizing our retirement business systems at scale! Preferred to have experience in working with handling/leading large technology contracts.

  • Participates in staff recruitment, performance assessments, training, and career development. Responsible for all headcount planning and personnel evolution for multiple areas of the engineering organization.

  • Create a culture of clear accountability. Empower every employee to act and engage them with a compelling mission and vision.

  • Cultivate and expand a high-performing engineering team, fostering leadership development and critical thinking for both vendor teams as well as Principal engineering teams.

  • Collaborate closely with executive leadership to align technology strategies with business goals and outcomes.

  • Consult and connect with business partners to understand business strategy and make recommendations on future technical trends/directions that encompass multiple systems and teams to meet business critical initiatives.

  • Collaborate across functional and organizational areas to define, prioritize and ensure implementation of specific cloud innovations to improve technical functionality in support of business needs, efficiencies and revenue.

  • Communicate technical concepts to business partners as well as business objectives to the technical team. Uses good communication skills to collaborate effectively with all collaborators including customers, senior management and other business leaders.

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.

As Principal continues to modernize its systems, this role will offer you an exciting opportunity to build solutions that will directly impact our long-term strategy and tech stack, all while ensuring that our products are robust, scalable, and secure!

Who You Are

  • You have a Bachelor's degree (preference in a computer science, technology, engineering or math-related field) or equivalent experience and 10+years of relevant experience

  • You have previous success in leading and mentoring senior technical leaders and managers, with a record of accomplishment of developing high-performing teams

  • You have the ability to set and implement a strategic vision that aligns with organizational goals and drives technological innovation

  • You are skilled in leading organizational change, particularly in scaling teams, integrating modern software engineering practices, and evolving processes.

Skills That Will Help You Stand Out

  • Experience managing large 3rd party vendors and fostering a collaborative approach to partnering with internal talent

  • Leader of leaders experience

  • Retirement industry expertise

  • Deep knowledge of modern cloud engineering practices, technologies, and methodologies, with a strong technical background (we use AWS)

  • Ability to foster a culture of innovation, encouraging creative problem-solving and continuous improvement.

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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$153000 - $207000 / 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

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.

Locations

Hybrid office locations are either in our Des Moines, IA or our Charlotte, NC location.

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 (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/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 (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

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.

Original Posting Date

6/6/2024

Most Recently Posted Date

6/6/2024

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