**What You'll Do** As a **Defined Benefit Determination Specialist II** you'll independently analyze and process retirement calculations and review participant data within established timing and quality standards. In this position, you'll serve as a resource for calculation and transaction processing as well as assist in the management and review of participant data and retirement information. Here are a few examples of the types of things you'll do: + Perform and review complex retirement calculations and transactions, ensuring compliance with relevant regulations, client/legal documents, and tax requirements, while documenting all steps taken. + Investigate and resolve calculation and transaction problems. + Consistently meet performance standards by ensuring retirement calculations are completed accurately, on time, and with high quality. + May be responsible for mentoring, peer to peer training and quality review. + Lead or participate in special projects, system testing, and the resolution of escalated issues, while handling other job-related responsibilities as needed. + May evaluate client and legal documents, and/or collaborate with internal business partners to ensure alignment, compliance, and process efficiency. + Identify, communicate and implement efficiencies around workflows, solutions and procedures to improve quality and enhance customer service. + Serve as a resource to internal partners by providing guidance and professional communication to address questions and resolve issues related to new and existing contract calculations and transactions. Offer support and education in problem resolution, transaction processing, and data management to ensure smooth operations. + Performs other job-related duties and 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** + Bachelor degree preferably in a major in an analytical field (such as but not limited to Math, Actuarial Science, Statistics) or 1+ years of work related experience highly preferred. + Defined Benefit retirement plan experience highly preferred. + Strong mathematical, technical and analytical skills along with keen attention to detail. + Must have strong decision making and organizational skills. + Must have strong mentoring, interpersonal and listening skills. + Must be able to interpret plan/contract provisions and apply them to the calculation being requested. + Must be able to handle a heavy workload and ability to prioritize with frequent interruptions. + Must be a team player and a positive influence in a team environment. + Knowledge of spreadsheet and database or similar PC software packages, or the ability to learn, is preferred. + High integrity and discretion to ensure the confidentiality of sensitive client data. **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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)** $19.47 - $35.19 / hour **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** **Job Level** We're open to hiring in at the next level with the right experience and skills. **Location/Work Arrangement** Remote candidates will be considered for this role! This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements. You’ll work with your leader to figure out which option may align best based on several factors. **Hours** Typical work day is Monday-Friday 7:45am-4:30pm CST. **Work Authorization/Sponsorship** At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links. Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) **and** Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants) **Investment Code of Ethics** For Principal Asset Management 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 (https://www.principal.com/about-us/careers) 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. **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. **Original Posting Date** 7/23/2025 **Most Recently Posted Date** 7/23/2025 LinkedIn Remote Hashtag \#LI-Remote