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Relationship Manager - Retirement Solutions (Minnesota)

Role overview

Qualifications

  • Bachelor's degree or 8 years of equivalent experience
  • 4+ years retirement industry experience
  • Excellent demonstrated leadership, negotiation, presentation, organizational, and problem-solving skills
  • Must become an associated person of Principal Securities, Inc.

Responsibilities

  • Develop deep relationships with advisors, plan sponsors, and third-party administrators
  • Collaborate with the plan sponsor and advisor on plan design and services
  • Conduct plan level health reviews
  • Solve complex issues

Key facts

Hard skills

Other skills

  • Relationship Management
  • Negotiation
  • Problem Solving
  • Plan Execution
  • Organizational Skills
  • Social Skills
  • Analytical Skills
  • Non-Verbal Communication
  • Leadership
  • Assertiveness
  • Entrepreneurship

About the company

Principal Financial Group logo

Principal Financial Group

  • Asset & Wealth Management
  • XLarge
  • 10,001+
Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 45M customers plan, protect, invest, and retire. Along the way, we commit to supporting the communities where we do business. Improving our planet. And building a diverse, inclusive workforce. We’re proud to be recognized as one of the World’s Most Ethical Companies, a member of the Bloomberg Gender Equality Index, and a Top 10 “Best Places to Work in Money Management.*” *Pensions & Investments, 2020 Disclosure: Principal® is an Affirmative Action and Equal Opportunity Employer and an E-Verify participant. All qualified applicants will receive consideration for employment without regard to of age, race, color, religion, gender identity, gender expression, pregnancy, national origin, citizenship status, disability, genetic characteristics, sexual orientation, marital status, domestic partner status, military status, protected veteran status, disability status, or any other characteristic protected by law. Principal will never ask for money during any stage of the employment application or hiring process. If you're asked to send money or share personal financial information as part of next steps in the process, do not engage or respond. Contact Principal Human Resources at 833-261-3736 and your local law enforcement. The Principal Financial Group Foundation, Inc. (the “Principal Foundation”) is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. (“Principal”) operates. While the Principal Foundation receives funding from Principal, the Principal Foundation is a distinct, independent, charitable entity. The Principal Foundation does not practice any form of investment advisory services and is not authorized to do so. principal.com/social-media-disclosures

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Job description

What You'll Do:

In our Customer Care area, the Relationship Manager develops deep relationships with advisors, plan sponsors, and third-party administrators that are in our 10M - 200M market space in Minnesota. This role is the strategic partner to our clients and advisors to provide creative solutions that meet business goals of retention, growth, and retirement readiness to name a few.

Here are a few examples of the kinds of things you’ll do:

  • Collaborate with the plan sponsor and the advisor on plan design, investments, retirement readiness, services and new opportunities.
  • Plan level health reviews.
  • Problem solving complex issues.

Principal has been named one of the 2026 World’s Most Ethical Companies® by Ethisphere—our 15th time earning this recognition. Every decision we make, every customer interaction, and every commitment we uphold reflects the trust that millions of people place in us. Today, we serve 75 million customers around the world, and our culture of doing what’s right continues to guide how we help them build a more secure financial future.

Join us!

Who You Are:

Relationship Manager II:

  • Bachelor's degree or 8 years of equivalent experience required.
  • 4+ years retirement industry experience.
  • Must become an associated person of Principal Securities, Inc.
  • Qualified Plan knowledge strongly preferred (Defined Benefit, Defined Contribution).
  • Excellent demonstrated leadership, negotiation, presentation, organizational, and problem-solving skills required, as well as superior interpersonal, analytical, and oral and written communication skills.
  • Must be assertive and entrepreneurial.
  • Travel required (approx. 10%), mostly day travel but there will be some overnight travel as well.

Relationship Manager III: (above qualifications apply along with below additions):

  • 6+ years of retirement industry experience.
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: $84600 - $139700 / 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.

  • Relationship Manager II: $84,700 - $139,700 / year
  • Relationship Manager III: $104,400 - $171,600 / 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:

Location

The territory covered by this position requires the candidate to live in the Minnesota.

Work Environment

You will be able to work from home when not at customer meetings.  

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 Asset Managment 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 cultivate 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 develop 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): 10/28/2026 Latest Post Date: Careers - US: 10/29/2026

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