Relationship Manager - Retirement Solutions (Minnesota)
Principal Financial Group
Remote · Minneapolis, MN · Posted October 29, 2026
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Where Minneapolis, MN ranks
Where Minneapolis, MN placed in our monthly rankings, month by month. Each month stays online at its own address.
November 2026
- #3Cities with the most hybrid jobs in the Great Lakes21% · of 50
- #3Best all-round cities for mid-career professionals in the Great Lakes70 / 100 · of 16
- #4Best all-round cities for mid-career professionals in the Midwest70 / 100 · of 20
- #4Best all-round cities for remote workers in the Great Lakes70 / 100 · of 16
- #4Cities hosting the most business conferences in the Midwest20 conferences · of 12
- #4Cities hosting the most business conferences in the Great Lakes20 conferences · of 9
Rankings about sales jobs
- Best cities for sales jobs #1 New York (2,774 openings)
- Best cities for sales pay after cost of living #1 Santa Clara ($175k)
- Most requested AI skills in sales jobs #1 AI tools in daily work (4.1%)
- AI tools named most often in sales jobs #1 Gong (0.93%)
- Employers with the most sales jobs #1 Charter Communications (389 roles)
Pay compared with the market
This listing does not state pay. Across 29 open relationship manager listings that state pay, the middle half runs $69,500 to $135,000 and the median is $79,500.
Listed pay is what employers advertise, not what people are paid.
How AI is used in this kind of work
Among securities, commodities, and financial services sales agents, AI is already used for a large share of the tasks. Measured exposure for securities, commodities, and financial services sales agents: 44% (high).
Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.
About the job
What You'll Do In our Customer Care area, the Relationship Manager develops deep relationships with advisors, plan sponsors, and third-party administrators that are in our 10M - 200M market space in Minnesota. This role is the strategic partner to our clients and advisors to provide creative solutions that meet business goals of retention, growth, and retirement readiness to name a few. Here are a few examples of the kinds of things you’ll do: Collaborate with the plan sponsor and the advisor on plan design, investments, retirement readiness, services and new opportunities. Plan level health reviews. Problem solving complex issues. Principal has been named one of the 2026 World’s Most Ethical Companies® by Ethisphere—our 15th time earning this recognition. Every decision we make, every customer interaction, and every commitment we uphold reflects the trust that millions of people place in us. Today, we serve 75 million customers around the world, and our culture of doing what’s right continues to guide how we help them build a more secure financial future. Join us! Who You Are Relationship Manager II: Bachelor's degree or 8 years of equivalent experience required. 4+ years retirement industry experience. Must become an associated person of Principal Securities, Inc. Qualified Plan knowledge strongly preferred (Defined Benefit, Defined Contribution). Excellent demonstrated leadership, negotiation, presentation, organizational, and problem-solving skills required, as well as superior interpersonal, analytical, and oral and written communication skills. Must be assertive and entrepreneurial. Travel required (approx. 10%), mostly day travel but there will be some overnight travel as well. Relationship Manager III: (above qualifications apply along with below additions): 6+ years of retirement industry experience. 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) $84600 - $139700 / year Salary Details The following salary ranges reflect market-specific compensation for this position across multiple job levels. Candidates will be evaluated to determine the appropriate job level based on their skills and experience. Relationship Manager II: $84,700 - $139,700 / year Relationship Manager III: $104,400 - $171,600 / year Time Off Program Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Pension Eligible Yes Location The territory covered by this position requires the candidate to live in the Minnesota. Work Environment You will be able to work from home when not at customer meetings. Work Authorization/Sponsorship At this time, we're not considering candidates 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 and Green Card for Employment-Based Immigrants Investment Code of Ethics For Principal Asset Managment 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 While our expertise spans the globe, we're bound by one common purpose: to cultivate a world where financial security is accessible to all. And our success depends on the unique experiences, backgrounds, and talents of our employees – individually and all of us together. Explore our core values, benefits and why we’re an exceptional place to develop your career. 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 10/28/2026 Most Recently Posted Date 10/29/2026 Principal uses artificial intelligence tools to assist in reviewing and evaluating job applications, fraud prevention, and candidate matching and comparisons. These AI tools support our human recruiters in the initial review process but do not make final hiring decisions without human involvement. By submitting your application, you acknowledge this use of AI in our recruitment process. Please review our Workforce (U.S.) Privacy Notice for more details on our practices and your data privacy rights. LinkedIn Remote Hashtag #LI-Remote
In our Customer Care area, the Relationship Manager develops deep relationships with advisors, plan sponsors, and third-party administrators that are in our 10M - 200M market space in Minnesota. This role is the strategic partner to our clients and advisors to provide creative solutions that meet business goals of retention, growth, and retirement readiness to name a few. Here are a few examples of the kinds of things you’ll do: Collaborate with the plan sponsor and the advisor on plan design, investments, retirement readiness, services and new opportunities. Plan level health reviews. Problem solving complex issues. Principal has been named one of the 2026 World’s Most Ethical Companies® by Ethisphere—our 15th time earning this recognition. Every decision we make, every customer interaction, and every commitment we uphold reflects the trust that millions of people place in us. Today, we serve 75 million customers around the world, and our culture of doing what’s right continues to guide how we help them build a more secure financial future. Join us!
Relationship Manager II: Bachelor's degree or 8 years of equivalent experience required. 4+ years retirement industry experience. Must become an associated person of Principal Securities, Inc. Qualified Plan knowledge strongly preferred (Defined Benefit, Defined Contribution). Excellent demonstrated leadership, negotiation, presentation, organizational, and problem-solving skills required, as well as superior interpersonal, analytical, and oral and written communication skills. Must be assertive and entrepreneurial. Travel required (approx. 10%), mostly day travel but there will be some overnight travel as well. Relationship Manager III: (above qualifications apply along with below additions): 6+ years of retirement industry experience.