Product Management Internship (Summer 2027)

Principal Financial Group•Des Moines, IA
•Hybrid

About The Position

Join Principal’s established internship program, which has supported future leaders for more than 20 years and hosts over 200 interns annually. As a Product Management Intern, you will gain hands-on experience exploring Principal’s product management practices and culture while contributing to real projects that deliver value for the business and its customers. You will work with colleagues across levels in an Agile, purpose-led environment and receive guidance from an assigned leader and mentor. The role supports Life and Disability Underwriting. You will partner with business collaborators and cross-functional teams to identify opportunities and deliver customer-focused outcomes. You will help define and prioritize business goals for Agile teams, collaborate on product roadmaps and features, take part in planning and managing iterations and stories, and communicate upcoming features to stakeholders and delivery teams. The position is based at Principal’s World Headquarters in Des Moines, Iowa, with a requirement to work in the office at least three days per week. The hourly salary range is $28–$30. Interns receive a $4,000 lump-sum stipend to support incidental expenses, with a company tax gross-up. The internship program also offers hands-on experiences, dedicated teams and mentors, networking, events, and opportunities to learn and develop.

Requirements

  • Currently pursuing or holding a degree in business, management, STEM, or a related field.
  • Involvement in student organizations on campus or in the community, or prior internship experience.
  • Exceptional communication, problem-solving, and organizational skills.
  • Strong work ethic and passion for solving business challenges through innovative solutions.

Nice To Haves

  • Foundational understanding of product management principles, including product roadmapping, backlog prioritization, and Agile methodologies.
  • Prior internship or work experience in product management, consulting, or a related field.
  • Experience with business process mapping.
  • Familiarity with Customer Experience (CX) or User Experience (UX) principles.
  • Familiarity with Agile frameworks such as Scrum or Kanban.
  • Experience with data analysis and strategic decision-making.
  • Leadership experience demonstrating the ability to collaborate and inspire others.

Responsibilities

  • Partner with business collaborators and cross-functional teams within Life and Disability Underwriting to identify opportunities and deliver customer-focused outcomes.
  • Define and prioritize business goals and outcomes for Agile teams, aligning them with broader strategic goals.
  • Collaborate with teams to create, refine, and manage product roadmaps and features, ensuring clarity of scope and business value.
  • Gain experience planning and managing iterations, stories, and Agile ceremonies that support successful product delivery.
  • Share insights about upcoming product features to build alignment and shared understanding among stakeholders and delivery teams.

Benefits

  • Opportunity to participate in a bonus program for non-sales positions.
  • Paid company holidays and any time off required in the employee’s state.
  • $4,000 lump-sum internship stipend, with a company tax gross-up.
  • Dedicated leader and mentor.
  • Internship events, professional networking, and learning experiences.
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