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3.7
19 ratings
3.6
Salary & Benefits
3.6
Professional growth
3.8
Work-Life balance
3.6
Recognition & Support
3.7
Culture & Values
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Established in 1879 in Principal Financial Group works with a motive to aid people as well as enterprises across the globe to develop, protect and enhance their financial well-being through retirement, insurance and asset management solutions that matches their own lives or depending on their necessity. Instead of spanning its expertise across the globe, Principal Financial drives only one main goal to render customers the financial tools, resources and information that help them to enjoy their life and live best life without financial tension or shortage. This Des Moines, Iowa based currently has $701.8 billion in assets under management that motivates client to trust the firm. The company upholds a dedicated team of financial experts who are passionate about helping clients of all income and portfolio sizes achieve their goals while furnishing advanced ideas, investment expertise, and live solutions to make the best possible financial progress. The company huge network of financial associates is spread over 25 nations and territories around the world.

Subsidiary
Over $10B
Large
Multiple locations
Investing Companies, Direct Insurance Companies
1879
Daniel J. Houston
What departments Principal Financial Group employees work at?
DepartmentsRatio
other occupation28%
Financial Analysts and Advisors11.1%
Management10.7%
Administrative9.7%
Computer Systems Analysts7.4%
Sales - Financial Services7.2%
Computer / IT - Other7%
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See what companies are similar to Principal Financial Group
Commercial Banking Companies
Large size
Investing Companies
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Team

Professional experience

How many years of experience do Principal Financial Group employees have before joining?
Years of experience at Principal Financial Group: Newcomers: 23%, Experiencers: 18%, Experts: 20%, Veterans: 39%. Principal Financial Group employees have 8+ years experience on average before joining.
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Where did Principal Financial Group employees work before joining?
Where they've worked before Principal Financial Group: Iowa State University, MetLife, Nationwide. Typical Principal Financial Group employees have worked at Iowa State University.
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Iowa State University
MetLife
Nationwide
What industries did Principal Financial Group employees work in previously?
Industry Background: The most typical industries of Principal Financial Group: Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Commercial Banking Companies, Investing Companies, Consulting Companies. Principal Financial Group employees most likely come from a Insurance Agency & Brokerage Firms industry background.
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Where did Principal Financial Group employees work before joining?
Past employers' size at Principal Financial Group: Small: 31%, Medium: 12%, Large: 57%. Most Principal Financial Group employees have previously worked at large companies.
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Educational background

What did employees at Principal Financial Group study?
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Where did employees at Principal Financial Group study?
Des Moines Area Community College
Drake University
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Employee data

How long do people stay in a role at Principal Financial Group?
Time employed at Principal Financial Group: <1: 6%, 1-3: 20%, 4-8: 27%, 9-13: 15%, 14-20: 15%, 20+: 17%. Most Principal Financial Group employees stay with the company for 4-8 years which is the same as the industry average.
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How does Principal Financial Group rank for age & gender diversity?
Gender ratio at Principal Financial Group: 58.8% Male and 41.2% Female. Age ratio at Principal Financial Group: 16-20: 0%, 21-30: 26%, 31-40: 32%, 41-50: 25%, 51-60: 13%, 60+: 4%. Principal Financial Group rates - 1.8% less female than the industry average. Most Principal Financial Group employees are 31-40, which is on par with the industry median age range.
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Career advancement

How does Principal Financial Group rank for career advancement?
Career advancement at Principal Financial Group: high. Principal Financial Group ranks high for career advancement which is above the industry average.
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What companies do Principal Financial Group employees go on to work at?
Future employers of Principal Financial Group: DuPont Pioneer, Farm Bureau Financial Services, Nationwide, Principal Global Investors, UnitedHealth Group. People who work at Principal Financial Group most typically go on to work for the DuPont Pioneer.
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DuPont Pioneer
Farm Bureau Financial Services
Nationwide
Principal Global Investors
UnitedHealth Group

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Principal Financial Group Reviews and Ratings

Have some insight of Principal Financial Group?
Get the scoop on what others who have experience with Principal Financial Group think of working there or join the conversation by leaving a review.
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Transaction Processing Specialist
Charlotte, NC - June 20, 2023
Bottom line: Completely unrealistic metrics expectations
1.6
Ratings
2
Professional growth
3
Salary & Benefits
1
Work-Life balance
1
Recognition & Support
1
Culture and Values
Bottom line: Completely unrealistic metrics expectations. Operations work there is terrible for any job growth or personal enjoyment.

Pros and Cons
Nice facility
Metrics expectations do not allow any real job growth or personal enjoyment
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401k Investment Analyst
Des Moines, IA - July 26, 2022
Very supportive in teaching you the job.
3.8
Ratings
3
Professional growth
4
Salary & Benefits
4
Work-Life balance
4
Recognition & Support
4
Culture and Values
I was disappointed with the opportunities outside of the Call Center available to me. Was willing to accept a position that was entry level and work up

Pros and Cons
Large indoor campus with access to numerous food and drink venues. Excellent gym facilities.
Parking may be a problem.
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Admin Assistant
May 18, 2022
I loved my job
3.2
Ratings
3
Professional growth
2
Salary & Benefits
3
Work-Life balance
4
Recognition & Support
4
Culture and Values
I loved my job, the people were amazing, the atmosphere and culture were very nice as well. The pay is a down fall, especially when you had to drive to work every day, not sure if they let admins work from home there, but I’m sure they will some of the time.

Pros and Cons
Free parking, newly renovated spaces, awesome technology
Large company and campus hard to grow because so many employees.
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February 17, 2022
Diversity
4.8
Ratings
5
Professional growth
5
Salary & Benefits
5
Work-Life balance
4
Recognition & Support
5
Culture and Values
I’ve worked for 3 years and love my leader and team. Is a complete challenge to fulfill duties due to no mistakes are allowed

Pros and Cons
All tools are given to success
Slow growth
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Medical Case Manager
Des Moines, IA - January 18, 2022
Supportive, fun, excellent benefits
4.2
Ratings
4
Professional growth
4
Salary & Benefits
4
Work-Life balance
4
Recognition & Support
5
Culture and Values
I worked for Principal as a medical Case Manager. My specialty in nursing is psychiatric/mental health nursing. My team was supportive, very helpful. My supervisor was the same. I would recommend Principal.

Pros and Cons
Friendly office, CEO would stop all work and the entire place would go for a walk.
I have no cons
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Discussion about Principal Financial Group

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Share your thoughts and ideas about Principal Financial Group with others in our community.
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What’s the stock symbol of Principal Financial Group?
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Isabella Holmes3 years ago
PFG.
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What industry does Principal Financial Group fall under?
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Benjamin Gardner3 years ago
Falls under Computer/Internet, Customer Service, Insurance, Banking/Mortgage, Accounting/Finance
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Where is Principal Financial Group’s HQ?
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Isabella Holmes3 years ago
Des Moines, IA.
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What’s the gender distribution at Principal Financial Group?
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Liam Brown3 years ago
41.2% female, 58.8% male.
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What year was Principal Financial Group founded?
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Sophie Hayes3 years ago
1879.
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What’s Principal Financial Group’s yearly revenue?
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Sophie Hayes3 years ago
over $10b, i think
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What’s the name of Principal Financial Group’s CEO?
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Sophie Hayes3 years ago
Daniel J. Houston.
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What’s the average length of tenure at Principal Financial Group?
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Isabella Holmes3 years ago
Typically 4-8 year(s).
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what kind of companies did Principal Financial Group employees work for?
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Sophie Hayes3 years ago
Large companies before Principal Financial Group.
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what are the chances of career advancement at Principal Financial Group?
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Isabella Holmes3 years ago
high.
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Top future employers of Principal Financial Group employees?
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Sophie Hayes3 years ago
DuPont Pioneer, Farm Bureau Financial Services, Nationwide, Principal Global Investors, UnitedHealth Group, Wellmark, Wells Fargo, Wells Fargo Home Mortgage.
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Who are the top previous employers of Principal Financial Group employees?
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Isabella Holmes3 years ago
Iowa State University, MetLife, Nationwide, New York Life, Northwestern Mutual, Principal Global Investors, Prudential, Wells Fargo.
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What’s the average age at Principal Financial Group?
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Benjamin Gardner3 years ago
31-40.
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Where did most of Principal Financial Group employees go to school?
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Benjamin Gardner3 years ago
Des Moines Area Community College, Drake University, Iowa State University, University of Iowa, University of Northern Iowa.
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Isabella Holmes Career Advocate
Isabella Holmes
Career Advocate
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