What You'll Do

The Product Manager 1 supports the development and delivery of AI-enabled products and use cases. This role works within a Data Science team to help prioritize initiatives, translate business needs into product outcomes, and track performance and adoption. The PM1 partners closely with stakeholders, the data science team, and department leadership to deliver measurable value while gaining experience across the full product lifecycle.

Key Responsibilities

• Contribute to managing the AI use-case intake pipeline by helping vet, prioritize, and track initiatives in partnership with department leadership.

• Collaborate with finance and product leadership to support cost-benefit analyses (CBAs), helping quantify potential value, ROI, and trade-offs for proposed use cases.

• Work with stakeholders to identify opportunities, document workflows, and define clear problem statements, success metrics, and “jobs to be done.”

• Help define and monitor AI utilization and adoption metrics (e.g., Copilot usage, agent adoption, efficiency improvements) and share insights with the product team.

• Contribute to the management of the RIS AI Portal portfolio.

• Work with business partners to refine requirements, support backlog development, and ensure clear understanding of business needs.

• Build and share reports, dashboards, and updates to communicate progress, learnings, and outcomes to stakeholders.

• Support cross-functional AI governance efforts, including documentation, risk tracking, and alignment with compliance standards.

• Use Jira to coordinate work across stakeholders, track progress, and maintain visibility into product delivery.

Who You Are

• 2+ 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.

Preferred Qualifications

• Experience in financial services or other regulated data environments.

• Familiarity with data science, analytics, or AI/ML concepts (e.g., models, experimentation, data pipelines, or model lifecycle).

• Exposure to product, analytics, or technical project work supporting data-driven or AI initiatives.

Salary Range Information

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

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

• Wichita, KS: $85,000 - $100,000 / year
• Des Moines, IA: $90,000 - $105,000 / year
• Charlotte, NC: $95,000 - $110,000 / year
• Chicago/Minneapolis: $104,000 - $122,000 / year
• Los Angeles/New York City: $112,000 - $134,000 / year

Time Off Program

Pension Eligible

Work Environment

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, Raleigh, NC, or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.

Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role. (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)

Nonimmigrant Workers and Green Card for Employment-Based Immigrants

Investment Code of Ethics

For Principal Global Investors 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.

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