Product Manager 1 - (AI Focus)
Principal Financial Group · United States
- Hybrid
- Full-time
- $134,000 / year
- United States
Job highlights
- Manage AI product initiatives and prioritize use cases.
- Develop business cases and quantify product value.
- Collaborate with stakeholders and data science teams.
- Track AI adoption and product performance metrics.
- Contribute to full product lifecycle management.
About the role
Product Manager 1 AI Focus
Principal Financial Group is seeking a Product Manager 1 to support the development and delivery of AI-enabled products and use cases. This role operates within a Data Science team, focusing on prioritizing initiatives, translating business needs into product outcomes, and tracking performance and adoption. You will partner closely with stakeholders, the data science team, and department leadership to deliver measurable value and gain 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.
Key skills/competency
- Product Management
- AI/ML Concepts
- Generative AI
- Stakeholder Management
- Business Cases
- Cost-Benefit Analysis
- KPI Tracking
- Agile Delivery
- Jira
- Communication Skills
Skills & topics
- Product Manager
- AI
- Machine Learning
- Generative AI
- Product Development
- Data Science
- Stakeholder Management
- Agile
- Jira
- Financial Services
How to get hired
- Tailor your resume: Highlight product management, AI/ML experience, and business case development.
- Showcase stakeholder skills: Emphasize communication with technical and non-technical audiences.
- Quantify achievements: Use data to demonstrate impact and successful KPI tracking.
- Prepare for interviews: Be ready to discuss AI concepts and agile practices.
Technical preparation
Familiarize yourself with AI/ML and generative AI.,Understand agentic patterns and their applications.,Review concepts of model lifecycle and experimentation.,Practice translating business needs to technical requirements.
Behavioral questions
Describe a time you managed stakeholder expectations.,How do you prioritize competing product initiatives?,Explain a complex technical concept to non-technical audience.,How do you define and track product success metrics?
Frequently asked questions
- What is the salary range for the Product Manager 1 - AI Focus role at Principal Financial Group?
- The salary range for the Product Manager 1 - AI Focus position at Principal Financial Group is $85,000 to $134,000 per year. Actual compensation will depend on factors such as geographic location, experience, education, and skill level.
- What are the work arrangement options for the Product Manager 1 - AI Focus position?
- Principal Financial Group offers in-office, hybrid, and remote work arrangements for the Product Manager 1 - AI Focus role. The specific option will be determined in discussion with your leader.
- Does Principal Financial Group offer sponsorship for this Product Manager 1 - AI Focus role?
- No, Principal Financial Group is not considering candidates who require any type of immigration sponsorship now or in the future for this Product Manager 1 - AI Focus position.
- What experience is required for the Product Manager 1 - AI Focus role?
- The role requires 2+ years of product management experience, preferably in technology, with an understanding of AI/ML concepts. Experience with business cases and stakeholder management is also necessary.
- What are the preferred qualifications for the Product Manager 1 - AI Focus position?
- Preferred qualifications include experience in financial services, familiarity with data science/analytics concepts, and exposure to product work supporting AI initiatives.
- How does Principal Financial Group handle job applications for the Product Manager 1 - AI Focus role?
- Principal Financial Group accepts applications for a limited time, typically 3 full days after the original posting date. It is advised to submit your application promptly as availability is not guaranteed beyond the deadline.
- What is the time off policy for this Product Manager 1 - AI Focus role?
- Salaried employees, including those in the Product Manager 1 - AI Focus role, are provided with Flexible Time Off (FTO). This allows for paid time away for vacation, personal needs, or short-term illness without a set number of days accrued.