Full-Time

Client Relationship Consultant

Group Benefits

Updated on 8/23/2026

Deadline 3/27/27
Principal Financial Group

Principal Financial Group

10,001+ employees

Offers retirement planning, life insurance, investments

Compensation Overview

$75k - $109k/yr

+ Bonus + Sales incentives

No H1B Sponsorship

Woodcliff Lake, NJ, USA

Hybrid

Hybrid work arrangement blends office and work-from-home days.

Bachelor's

Category
Business & Strategy (1)
Required Skills
Sales
Business Strategy

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Requirements
  • A bachelor's degree or equivalent plus 4+ years of related experience is required.
  • Life and Health Insurance Licenses are required for all states in which business will be conducted, or the candidate must be able to obtain them within 90 days of employment.
  • Excellent persuasion, interpersonal, problem-solving, decision-making, time management, presentation, listening, oral and written communication, and analytical skills are required.
  • Advanced math skills and basic skills with graphs, symbols, and equations are required.
  • The candidate must maintain accuracy, be detail oriented, and maintain confidentiality.
  • The candidate must be able to provide personal transportation to business-related events.
  • Occasional travel, including overnight stays for face-to-face interaction with customers and brokers, is required.
Responsibilities
  • Partner closely with the Sales team and broker partners.
  • Deliver a strategic relationship plan that includes quarterly and annual goals.
  • Provide expert renewal analysis.
  • Deliver outstanding service and sell new lines of business.
  • Develop and implement customized strategies to deliver profitable revenue growth for an assigned block of in-force group business.
  • Conduct strategy discussions with sales representatives and brokers.
  • Serve as an industry expert and consultant in group benefits.
Desired Qualifications
  • Group benefits and/or account management experience is preferred.
  • An active Life and Health Insurance license is preferred.
  • Intermediate computer skills and knowledge of business-unit applications are preferred.
Principal Financial Group

Principal Financial Group

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Principal Financial Group provides a wide range of financial services, including retirement plans, life insurance, and investment opportunities for individuals, businesses, and institutional investors. Its products work by collecting premiums or fees and managing investments to help clients save for retirement, protect loved ones, and grow wealth over the long term. The company differentiates itself through its breadth of offerings, customized financial solutions, and flexible retirement and investment options designed to fit different needs. Its goal is to give clients financial stability and growth potential by offering planning tools, insurance protection, and investment opportunities across various markets.

Company Size

10,001+

Company Stage

IPO

Headquarters

Des Moines, Iowa

Founded

1879

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 adjusted EPS rose 17%, and Principal returned $427 million to shareholders.
  • Assets under management reached $808 billion in Q2 2026, supporting fee growth.
  • Specialty Benefits sales jumped 24% in Q1 2026, signaling stronger small-business demand.

What critics are saying

  • Principal Asset Management posted roughly $11 billion quarterly outflows, concentrated in U.S. active equity.
  • Beam closes in late 2026, so regulatory delay or integration misses can hit earnings.
  • Sustained outflows can erode fee revenue and make the asset-management franchise less relevant.

What makes Principal Financial Group unique

  • Principal combines retirement, benefits, and asset management for 180,000 employers and 82 million customers.
  • Its 2026 lifetime-income funds start annuity allocation near age 47, uncommon in DC plans.
  • Beam Benefits adds cloud-native small-business benefits technology and 25,000 employer customers.

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Benefits

Hybrid Work Options

Meal Benefits

Life Insurance

Disability Insurance

Training Programs

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Yahoo Finance
Jul 27th, 2026
Principal Financial Group Q2 2026 earnings up 17%, raises dividend 8% and returns $427M to shareholders

Principal Financial Group reported second quarter 2026 results, with non-GAAP operating earnings per diluted share of $2.42, up 17% year-over-year excluding significant variances. The company returned $427 million to shareholders through $250 million in share repurchases and $177 million in dividends. Principal announced a third quarter dividend increase of $0.02 to $0.84 per share, representing an 8% rise over the prior year. Assets under management reached $808 billion, part of $1.9 trillion in assets under administration. The firm maintains $1.6 billion in excess and available capital. Chair and CEO Deanna Strable highlighted growth across retirement, small business markets, and global asset management, noting strong earnings growth and return on equity expansion.

Associated Press
Jul 7th, 2026
Principal to acquire Beam Benefits for $175M in small business push

Principal Financial Group has agreed to acquire Beam Benefits, an employee benefits company serving over 25,000 small businesses. Beam offers dental, vision, and ancillary benefits through cloud-native technology with AI capabilities, generating approximately $175 million in premiums in 2025. The acquisition strengthens Principal's position in the small and midsized business segment. Principal currently serves 180,000 employers with retirement, benefits, and business owner solutions. The deal is expected to close in the latter half of 2026, subject to regulatory approvals. Principal expects the acquisition to accelerate premium and fee growth for Specialty Benefits to at or above the high end of its 5–9% medium-term target range in 2027. Beam Benefits CEO Tolithia Kornweibel said joining Principal represents "the natural next step" in the company's journey to transform employee benefits experiences for small businesses.

Yahoo Finance
Jul 1st, 2026
Principal Financial Group expands retirement income suite with automated annuity funds starting at age 47

Principal Financial Group has expanded its lifetime income suite, adding LifeTime Income Builder Index collective investment trust target date funds and new third-party retirement income options. The funds begin allocating to fixed indexed annuities around age 47 and aim to automatically activate a 6% income stream in retirement. The 30 June 2026 expansion aligns with Principal's strategy to deepen its role in defined contribution retirement plans, particularly for workers without traditional pensions. By partnering with third-party managers like TIAA/Nuveen, the company could strengthen its retirement positioning whilst fee income and asset flows face scrutiny. Principal's narrative projects $19.5 billion revenue and $2.3 billion earnings by 2029, requiring 8.1% yearly revenue growth. However, the near-term earnings impact remains uncertain, with persistent market volatility potentially pressuring retirement and asset management fees.

AktienSensor
Jun 15th, 2026
Principal Financial Group secures $16M revolving facility at 3.75% to fuel acquisitions and working capital

Principal Financial Group has secured a AUD 25 million revolving credit facility to support expansion and working capital needs. The three-year loan carries a fixed interest rate of 3.75% per annum and is secured by senior liens over PFG's Australian and UK subsidiaries. The facility enables PFG to maintain flexibility for acquisitions whilst shielding against rising global short-term rates, which have increased from 3.5% in 2023 to 4.1% in early 2024. Management expects the arrangement to improve the company's leverage ratio from 12.4% to 13.1% over the next fiscal year. The revolving structure allows PFG to draw and repay capital aligned with seasonal cash flows, reducing idle cash holdings. The company anticipates 5% incremental EBITDA growth from new revenue streams enabled by the facility.

Yahoo Finance
May 25th, 2026
Principal Financial stock outperforms S&P 500 with 34% gain as Q1 earnings beat estimates

Principal Financial Group shares have gained 34.3% over the past 52 weeks, outperforming the S&P 500's 28% returns, whilst rising 17.7% year-to-date against the index's 9.2% gain. The Des Moines-based company, with a $22.4 billion market cap, provides retirement solutions, asset management and insurance services globally. Shares rose 2.4% following Q1 2026 earnings on 23 April, after adjusted earnings per share climbed 13% year-over-year to $2.17, beating analyst estimates. Despite revenue declining slightly to $3.5 billion, improved profitability from lower expenses, margin expansion and stronger fee income drove investor confidence. Principal Financial managed $770.2 billion in assets under management as of 31 March 2026, part of $1.8 trillion in assets under administration.