A Financial Manager directs and plans the financial activities of a company or organization. Prepares financial statements and business activity and forecasting reports; supervises accounting and preparation of financial reports; advises management with regard to finance decisions.
Managing Director - Principal Financial Network Principal Financial Group - 3.8 Downers Grove, IL Job Details Full-time $103,400 - $171,600 a year 11 hours ago Qualifications Life Insurance License Financial sales Talent management Talent acquisition Sales training External recruiting Finance industry sales team management experience Sales team management Series 7 Hiring Recruitment and selection Insurance regulation Industry knowledge of financial regulations Series 24 Recruiting Securities law Community relationship building Insurance sales Sales leadership Experience practicing in the securities industry
Full Job Description What You'll Do:
This role leads and consults with financial professionals to help them build their skills and grow their practice throughout the territory. You'll also attract and develop top-tier talent to our team; It is a great opportunity to build an intentional culture! Here are few examples of what you'll do: Develop a profitable business center by attracting, training, motivating and retaining advisors. Achieve specified goals in recruiting and retention of advisors, production, persistency, business conduct, and expense management in accordance with business center and company key objectives. This position is also a phenomenal way to advance your career. 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! Join us!
Who You Are:
Requires bachelor degree or eight years of equivalent experience. 4+ years related work experience, including sales and management. Recruiting of experienced financial advisors, strongly preferred. Must have a broad knowledge of sales techniques, as well as regulations governing insurance and security sales. Must have good oral and written communication skills as well as good presentation skills. Must have ability to recruit, select, train, lead, manage, and supervise a diverse group of producers to meet the goals of the business center. Must be able to develop and maintain community relations. Chartered Life Underwriter/Chartered Financial Consultant (CLU/ChFC), Certified Financial Planner (CFP) or Chartered Leadership Fellow (CLF) designations desired. Some travel required, including overnight stays (up to 15%). Licenses and/or exams necessary for this position include: Resident state Life/Health and Variable Annuity license; non-resident state Life/Health and Variable Annuity licensing for all non-resident states in which business will be conducted. Securities exams and IAR appointment include: Series 7 and 63 or equivalent, 24, 65 and/or 66 as required by applicable state law to become IAR with Principal Securities, Inc.'s RIA Refer to Principal Financial Network Licensing/Exam Policy for the time frame allowed to obtain the required licenses, appointments and pass exams. Sr. Managing Director (above qualifications apply along with below additions): 6+ years related work experience, including sales and a minimum of 5 years successful sales management.
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:
$103400 - $171600 / 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.
Managing Director:
$103,400- $139,700 / year Sr.
Managing Director:
$127,600 - $171,600 / year Heavy incentive component in addition to salary listed.
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 Additional Information:
Job Level We are open to hiring up a level to Sr. Managing Director based on experience. 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 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.
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): 7/16/2026
