Retirement Plan Pricing Analyst III

What You'll Do The Retirement Plan Pricing Analyst III is responsible for helping shape pricing strategies for our existing retirement plan business, partnering closely with customer care and other business partners to support client retention that meets clients’ needs while supporting the economics of the business. This role serves as a trusted advisor and informal influencer, using analytical skills, retirement plan knowledge, and pricing expertise to recommend pricing strategies, revenue concessions, and retention approaches. Key Responsibilities Analyze retirement plan pricing and profitability across an assigned portfolio of clients Partner with internal customer care teams to evaluate requests related to retirement plan pricing changes and client retention strategies Review plan economics, internal benchmarks, market pricing trends, and service offerings to develop pricing recommendations Balance client retention objectives with revenue and profitability goals Manage relationships with numerous internal business partners and provide pricing guidance and consultation Use pricing models, Excel-based tools, macros, and reporting systems to support decision-making Identify process improvements and contribute ideas that increase efficiency and effectiveness Maintain strong communication with business partners and proactively manage assigned workload and priorities Collaborate across multiple business areas and support both mid-market and large-market retirement plan segments as needed Who You Are Bachelor's Degree or equivalent experience is required 6+ years of experience in pricing, financial analysis, business analytics, retirement plan administration, retirement plan operations, or a related field is required Experience within the retirement plan industry is required, specifically defined contribution; Defined Contribution (DC) plan experience is preferred Strong analytical and problem-solving abilities Ability to learn complex business processes and apply sound business judgment Effective relationship-building and communication skills Ability to influence outcomes without direct authority Skills That Will Help You Stand Out Defined contribution (DC) retirement plan experience Experience working with retirement plan administration, onboarding, servicing, or related functions Advanced proficiency with Microsoft Excel Experience using Excel-based tools, models, and macros Familiarity with AI-enabled tools, automation, or agent-based technologies Demonstrated ability to lead through influence and collaborate across multiple stakeholder groups Experience balancing financial analysis with customer retention and business objectives 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) $73150 - $99750 / 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 This role offers in-office, hybrid (blending at least three office days in a typical work week) from Des Moines, IA. 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 11/5/2026 Most Recently Posted Date 11/5/2026 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.The Retirement Plan Pricing Analyst III is responsible for helping shape pricing strategies for our existing retirement plan business, partnering closely with customer care and other business partners to support client retention that meets clients’ needs while supporting the economics of the business. This role serves as a trusted advisor and informal influencer, using analytical skills, retirement plan knowledge, and pricing expertise to recommend pricing strategies, revenue concessions, and retention approaches. Key Responsibilities Analyze retirement plan pricing and profitability across an assigned portfolio of clients Partner with internal customer care teams to evaluate requests related to retirement plan pricing changes and client retention strategies Review plan economics, internal benchmarks, market pricing trends, and service offerings to develop pricing recommendations Balance client retention objectives with revenue and profitability goals Manage relationships with numerous internal business partners and provide pricing guidance and consultation Use pricing models, Excel-based tools, macros, and reporting systems to support decision-making Identify process improvements and contribute ideas that increase efficiency and effectiveness Maintain strong communication with business partners and proactively manage assigned workload and priorities Collaborate across multiple business areas and support both mid-market and large-market retirement plan segments as neededBachelor's Degree or equivalent experience is required 6+ years of experience in pricing, financial analysis, business analytics, retirement plan administration, retirement plan operations, or a related field is required Experience within the retirement plan industry is required, specifically defined contribution; Defined Contribution (DC) plan experience is preferred Strong analytical and problem-solving abilities Ability to learn complex business processes and apply sound business judgment Effective relationship-building and communication skills Ability to influence outcomes without direct authority Skills That Will Help You Stand Out Defined contribution (DC) retirement plan experience Experience working with retirement plan administration, onboarding, servicing, or related functions Advanced proficiency with Microsoft Excel Experience using Excel-based tools, models, and macros Familiarity with AI-enabled tools, automation, or agent-based technologies Demonstrated ability to lead through influence and collaborate across multiple stakeholder groups Experience balancing financial analysis with customer retention and business objectives