Managing Director - Principal Financial Network (Illinois)

What You'll DoThis role leads and consults with financial professionals to help them build their skills and grow their practice. You'll also attract and develop top-tier talent to our Illinois 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.In April, we were named to the Forbes list of America’s Best Employers for Diversity in 2023. This is our fourth year on the list.• Heavy incentive component in addition to salary listed.Join us!Who You Are• Requires bachelor degree or eight years of equivalent experience.• 4+ years related work experience, including sales and management.• 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.Salary Range InformationSalary 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)$100100 - $135300 / yearTime Off ProgramFlexible 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 EligibleYesAdditional InformationJob LevelWe are open to hiring up to Sr. Managing Director for the right skills and experiences.Work Authorization/SponsorshipAt 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 ImmigrantsInvestment Code of EthicsFor 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 PrincipalWhile our expertise spans the globe, we're bound by one common purpose: to foster 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 grow your career.Principal is an Equal Opportunity EmployerAll 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 WindowWe 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 Date12/11/2023Most Recently Posted Date9/3/2024LinkedIn Hashtag#LI-BS1