Repetitive Benefit Specialist 1

What You'll Do

Principal is looking for a Repetitive Benefits Specialist 1 to join our Annuity Services team! In this role, you will analyze and process complex transactions to create and maintain computerized retirement and repetitive payment records for customers within established timing & quality standards.

• Review and perform more complex accounting and transactional activities related to retirement and repetitive payments, taking into consideration compliance requirements, contract restrictions, legal documents, and tax considerations. Investigate and resolve accounting and transaction problems, including balancing/reconciling recordkeeping for retirement and repetitive payment records.
• Somewhat independently analyze more complex internal and external customer requests. Accurately and promptly handle the transactions needed to establish and update computerized retirement and repetitive payment records. Ensure appropriate materials and forms are provided. Be able to meet productivity and quality measurement goals.
• May participate in the training and development of team members. Provide technical and problems solving expertise and assist with procedural updates.
• Communicate orally and/or in writing with internal and external customers to obtain missing information.
• Consult available resources including technical documentation, co-workers and subject matter experts to perform daily tasks. Make suggestion for improvements in procedures and provide solutions.
• Perform other job-related duties or special projects as required.

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!

Who You Are

• 2+ years of experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education.
• Strong knowledge of contract provisions, pension and repetitive payment recordkeeping and accounting systems required.
• Must have strong math and 10-key skill.
• Must have good interpersonal, analytical, organizational, decision making and customer service skills.
• Must have ability to adapt to frequent change, handle a large volume of work and balance working independently with working in a team environment to meet customers' needs and achieve overall goals.
• Must have the ability to utilize various mainframe/PC applications including work processing and spreadsheets.

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

$18.17 - $28.27 / hour

Salary Details

The following locations are examples of market-specific salary ranges across different geographies.

• Wichita, KS: $18.17 - $21.20 / hr
• Des Moines, IA: $19.18 - $22.37 / hr
• Charlotte, NC: $20.19 - $23.56/ hr
• Chicago/Minneapolis: $22.21 - $25.91 / hr
• Los Angeles/New York City: $24.23 hr - $28.27 / hr

Time Off Program

Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.

Pension Eligible

Yes

Additional Information

Work Environments

This role offers remote work options, offering the flexibility to work from a home-based environment.

Work Authorization/Sponsorship

At this time, we are not considering applicants who need any form of immigration sponsorship now or in the future to work in the United States. This includes F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, and others. For more information on work authorization requirements, please use the following links.

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Ethical Guidelines

For Principal Asset Management roles, you must adhere to an Investment Code of Ethics covering personal and business behavior. It also includes personal trading activities for you and your household members. These rules might apply to other roles within the company as well.

Experience Principal

At Principal, we believe in building connections on both personal and professional levels. Together, we’re envisioning a more purpose-driven future for financial services – and it begins with you. Our achievements rely on the diverse experiences, backgrounds, and talents of our team members. We support our employees just as we support our customers: through comprehensive, competitive benefit packages designed to safeguard their physical, financial, and social well-being. Visit our careers site to discover more about our mission, 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.

Date First Posted (TTF)

10/27/2026

Latest Post Date: Careers - US

10/27/2026

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