What You'll Do

This role is an HR Business Partner Consultant position designed to develop future HRBP capability through a combination of direct business partner support and participation in strategic talent and workforce initiatives. The successful candidate will build foundational HRBP skills while supporting leaders in the Finance Enablement Office (50%) and gaining exposure to broader organizational and talent priorities within Principal Asset Management (50%).

The candidate will serve as the primary HR partner for a smaller portfolio of leaders and teams below the executive level, providing consultation on talent management, employee and leader development, organization effectiveness, workforce planning, and execution of core HR processes. Working closely with senior HRBP leaders, they will build business acumen, strengthen consulting capabilities, and develop confidence navigating organizational and talent-related challenges.

In addition to HRBP responsibilities, the role will support several Principal Asset Management talent and workforce initiatives. These assignments are intended to broaden the individual's experience and accelerate HRBP development through exposure to workforce planning, talent development, organizational initiatives, location strategy discussions, hiring and headcount processes, executive talent discussions, and cross-functional stakeholder management. While project coordination is an important component of this work, the intent is to develop stronger HR business partnership capabilities rather than create a dedicated project management career path.

The ideal candidate demonstrates strong business partnership potential, curiosity, learning agility, and relationship-building skills. They are highly organized, capable of managing multiple priorities, and effective at following through on commitments. They are comfortable working with leaders, asking thoughtful questions, identifying talent and organizational opportunities, and translating business needs into practical HR solutions. Most importantly, they aspire to grow into increasingly complex HRBP responsibilities and view strategic project work as a vehicle to develop broader business and talent expertise.

Critical Success Factors HR Business Partnership

HR Business Partnership
- Builds trusted relationships with leaders and HRBP peers.
- Demonstrates developing business acumen and understanding of organizational priorities.
- Provides sound HR consultation and guidance.
- Supports talent, performance, succession, and workforce discussions.
- Learns to connect business challenges with talent solutions.
- Demonstrates good judgment and strong client service orientation.
Consulting & Influence
- Builds credibility with leaders through responsiveness and quality advice.
- Effectively facilitates discussions and problem solving.
- Asks thoughtful questions and identifies root causes.
- Influences outcomes through relationships rather than authority.
Talent & Workforce Capability
- Supports workforce planning activities and follow-through.
- Contributes to talent review and development discussions.
- Identifies talent opportunities and organizational risks.
- Develops understanding of workforce analytics and talent strategy concepts.
Project Management/Execution Excellence
- Drives key projects through effective stakeholder management and a sense of urgency
- Demonstrates strong organizational and time management skills.
- Manages multiple priorities and deadlines effectively.
- Maintains attention to detail and accountability.
- Executes initiatives reliably and follows through on commitments.
Learning Agility
- Quickly learns new business areas and concepts.
- Seeks feedback and applies it effectively.
- Demonstrates curiosity about business and talent issues.
- Takes on increasingly complex HRBP responsibilities over time.

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

Bachelor's degree or equivalent experience required, 4+ years’ experience in HR, including experience in strategy/planning, compensation, development, talent management, and leadership
Understanding of line of business and related industry and broad understanding of business unit required
Must be able to build strong relationships and influence senior leaders
Strong organizational/project management skills; strategic thinking/planning and decision-making skills with high level of diagnostic and analytical skills required
Good communication, facilitation, and presentation skills required

Hiring Level: We are open to hiring at the next level depending on experience and qualifications.

For the Consultant level, in addition to the above, a candidate will have a Bachelor's degree or equivalent experience required, 4+ years’ experience in HR, including experience in strategy/planning, compensation, development, talent management, and leadership
For the HR Business Partner level, a candidate will have a Bachelor's degree or equivalent experience required, plus 8+ years of experience in HR, including experience in strategy/planning, compensation, development, talent management, and leadership

**Please note that the salary range is reflective of the full range for both levels for which we may hire in this role.

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)

$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.

HR Business Partner Consulant: $110,200 - $148,200 / year
HR Business Partner: $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

Work Environments/Location

This role offers hybrid (blending at least three office days in a typical workweek) at our corporate office in Des Moines, Iowa.

Job Level

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

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.

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

8/28/2026

Most Recently Posted Date

8/28/2026

Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights.

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