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Leadership Development Program Associate

Job in Des Moines, Polk County, Iowa, 50319, USA
Listing for: Principal Financial Services, Inc.
Full Time position
Listed on 2026-01-09
Job specializations:
  • Management
    Business Management, Business Administration, Corporate Strategy, Operations Manager
Job Description & How to Apply Below

What You'll Do

Leadership Development Program at Principal®

The Leadership Development Program (LDP) is a full‑time accelerated development path that builds a future pipeline of plug‑and‑play leadership talent for the organization. As an LDP Associate, you’ll work on business objectives, receive individual coaching, actively practice leadership skills, collaborate with program peers, and create a customized rotation path as you propel your career at our Fortune 500 company.

At Principal, the LDP Associates cycle across various business areas to learn the ins and outs of the enterprise. Our program offers 4‑6 self‑selected rotations, for approximately 6 months each. Each rotation offer’s a unique growth experience with a purpose of building your understanding of the various business lines and gaining exposure to diverse leadership styles, while participating in meaningful projects.

The three building blocks that form our accelerated leadership training:
  • As a Level I Associate, you will be focused on learning the foundational aspects of Principal, refining your core professional competencies, and identifying future opportunities to build targeted skillsets.
  • As a Level II Associate, you’re responsible for creating and developing a strategy for one of our program’s high‑level initiatives. In this role, you will be responsible for driving results through team performance, delegating team responsibilities, and reporting back to the program.
  • As a Level III Associate, you will be formally responsible for leading, coaching, and mentoring a Level I LDP Associate. Through this experience, you’ll learn how to bring out the best of your direct report and be challenged to drive optimal results through individuals.

Learn more about the Leadership Development Program by watching this quick video.

What’s in it for you?
  • A fast‑paced start to your career at Principal that accelerates your leadership skills and enhances your career options.
  • A wide range of individually tailored experiences through enterprise rotations and unique responsibilities that will advance your leadership capabilities, build your business and financial acumen, and allow you to develop highly transferable skills.
  • Professional development planning through individualized mentorship and coaching.
  • Exposure to senior leadership, executive management visibility, and support from strong leaders throughout the organization.
  • An opportunity to define and develop your leadership style through formal and informal leadership experiences.
  • Peer support and shared learning through the LDP cohort.
  • Support in attaining placement within Principal and launching into your career with membership into our enterprise‑wide alumni network, upon successful completion of the program.
Who You Are

An ideal candidate for the Leadership Development Program:

We’re seeking forward‑thinking and adaptable candidates who aspire to have a future in leadership.

Qualifications for the LDP include:
  • Bachelor’s degree required by your start date.
  • Minimum cumulative 3.0 GPA as of your graduation date OR anticipate having a minimum cumulative 3.0 GPA upon graduation.
  • Strong demonstration of core professional competencies: effective communication, reliability, team‑oriented, organized, and self‑motivated.
  • Exceptional business acumen and leadership skills demonstrated through leadership positions, internships, or other work experience.
  • Strong desire to become a future formal leader.
  • Aptitude for strategic and critical thinking, willingness to be challenged, and open to new opportunities and unique exposures.
  • Initiative to lead with or without a formal title.
  • Demonstrated ability to drive results through others.
  • Commitment to relocating to Des Iowa for the duration of the program.
  • Willingness to travel as some travel may be required, including overnight stays (5%).
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…

Position Requirements
10+ Years work experience
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