Senior AI Product Manager 1

Principal Financial Group
Hybrid

About The Position

The Sr Product Manager 1 is responsible to manage the AI use-case pipeline, develop cost-benefit analyses, drive stakeholder communication, track adoption metrics, and serve as a bridge between stakeholders and the engineering team. This role involves owning the AI enablement intake pipeline, developing cost-benefit analyses for AI initiatives, and defining product strategy and roadmaps for AI products. The position requires translating client needs into measurable outcomes, tracking AI utilization and adoption metrics, and managing the RIS AI Portal and its communication strategy. Collaboration with engineering to translate business requirements into technical work and presenting progress reports to leadership are also key aspects of this role. Additionally, the role includes coordinating cross-functional AI governance activities.

Requirements

  • 5+ years of product management experience, preferably in an engineering or technology organization.
  • Understanding of AI/ML concepts, generative AI, and agentic patterns. (technical depth not required, but conversational fluency expected)
  • Demonstrated experience building business cases and cost-benefit analyses.
  • Strong stakeholder management skills, able to communicate technical concepts to non-technical audiences.
  • Experience with intake/pipeline management and prioritization frameworks.
  • Data-driven mindset with experience in defining and tracking KPIs and adoption metrics.
  • Familiarity with JIRA, Confluence, and agile delivery practices.
  • Excellent written and verbal communication skills.

Nice To Haves

  • Experience in financial services or regulated industries.
  • Experience with portfolio/intake management platforms.
  • Background in program management or IT strategy roles.

Responsibilities

  • Own and manage the AI enablement intake pipeline. Vet, prioritize, and track AI initiatives.
  • Develop cost-benefit analyses (CBAs) for each use case, partnering with the finance team to quantify projected value and ROI.
  • Own product strategy and roadmap, define product vision, target users, value propositions, and multi-quarter roadmap across multiple role-/function-specific products.
  • Translate needs into outcomes. Partner with clients/internal teams to identify high-value use cases, map workflows, and define “jobs to be done” and measurable success metrics.
  • Define and track AI utilization and adoption metrics. (e.g., Copilot usage, agent adoption, efficiency gains)
  • Own the RIS AI Portal and communication strategy to ensure teams across RIS understand available AI tools, services, and best practices.
  • Collaborate with engineering to translate business requirements into actionable technical work.
  • Prepare and present progress reports, dashboards, and business cases to leadership.
  • Coordinate cross-functional AI governance activities, including risk assessments and compliance reporting.

Benefits

  • Flexible Time Off (FTO)
  • Pension Eligible
  • Bonus program (for non-sales positions)
  • Sales incentives (for sales positions)
  • Comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being.
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