Leadership Development Program Associate

Principal Financial GroupDes Moines, IA
Hybrid

About The Position

The Leadership Development Program (LDP) is a full-time opportunity designed for high-potential individuals who aspire to become future leaders. As an LDP Associate, you’ll work on business objectives, receive individual coaching, actively practice leadership skills, and collaborate with program peers as you propel your career at a Fortune 500 company. LDP Associates navigate through four to six self-selected rotations for approximately six months in length. Each rotation offers a unique growth experience with the purpose of building a cross-functional understanding of the enterprise, gaining exposure to diverse leadership styles, and contributing to highly impactful projects. In addition to rotation experiences, associates build leadership skills through increasing responsibilities within the program: As a Level I Associate, you will be focused on learning the foundational aspects of Principal, refining core professional competencies, and identifying opportunities to build targeted skillsets. As a Level II Associate, you will be responsible for executing the strategy for one of the program’s high-level initiatives. In this role, you will be responsible for driving results through team performance, collaborating effectively with various stakeholders, and reporting back to the program. As a Level III Associate, you will be responsible for formally leading a Level I LDP Associate. Through this experience, you’ll support the growth and development of your direct report(s) and be challenged to drive optimal results through individuals. 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!

Requirements

  • Bachelor’s degree required by your start date
  • Minimum cumulative 3.0 GPA as of your graduation date OR anticipate having a minimum cumulative 3.0 GPA upon graduation
  • Strong desire to become a future formal leader
  • Demonstration of effective communication, reliability, and a self-starter mindset
  • Exceptional business acumen and leadership skills demonstrated through leadership positions, internships, or other work experience
  • Aptitude for strategic and critical thinking, willingness to be challenged, and open to new opportunities
  • Initiative to lead with or without a formal title
  • Demonstrated ability to drive results through others
  • Commitment to relocating to Des Moines, IA for the duration of the program
  • Willingness to travel as some travel may be required, including overnight stays (5%)

Responsibilities

  • Work on business objectives
  • Receive individual coaching
  • Actively practice leadership skills
  • Collaborate with program peers
  • Navigate through four to six self-selected rotations for approximately six months in length
  • Build leadership skills through increasing responsibilities within the program
  • Focus on learning the foundational aspects of Principal, refining core professional competencies, and identifying opportunities to build targeted skillsets (Level I)
  • Execute the strategy for one of the program’s high-level initiatives, driving results through team performance, collaborating effectively with various stakeholders, and reporting back to the program (Level II)
  • Formally lead a Level I LDP Associate, supporting their growth and development and driving optimal results through individuals (Level III)

Benefits

  • Flexible Time Off (FTO)
  • Pension Eligible
  • Opportunity to define and develop your leadership style through formal and informal leadership experiences
  • Unique responsibilities through diverse rotations that develop leadership capabilities and transferable skills
  • Exposure to the organization that strengthens business and financial acumen while broadening enterprise perspective
  • Professional development planning through individualized mentorship and coaching
  • Exposure to senior leadership and a network of leaders invested in your growth and development
  • Peer support and shared learning through the LDP cohort and alumni network
  • Support in attaining placement within Principal upon successful completion of the program
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