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Principal Financial Group

Engaged Employer

Overworked and impossible to be successful - Assistant Life and Disability Claim Analyst Principal Financial Group Employee Review

1.0
Jan 5, 2020
Recommend
CEO approval
Business Outlook

Pros

The only good thing is yes your day goes by fast.

Cons

For a well known corporate company this job is terrible. Very stressful job and no support or help when needed. You are working short term disability claims and taking inbound calls. You go through 8 weeks of training with a large class not enough trainers. Once you’re out on the floor you’re given a goal of how many claims to pull for the week at first it’s low then after 2-3 months it gets worst impossible especially when your consultants hasn’t released you. You never have time to take breaks or use the restroom. Lunches forget it they want you chained to your desk working like a robot. Management doesn’t care about you unless you are one of the few successful ones. Consultants is like QA they check your work on your claim and whether it’s done right and approve it and pay it out for you to the customer. They’re just as bad terrible at communicating and don’t take time to explain and help you be successful they’re just as overworked. You will need to go on anti depressants or get a therapist for this job that’s how bad it is.

Explore other reviews about Principal Financial Group

5.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

good FTO policy good opportunity for career development flexible work arrangements

Cons

health insurance sucks - United annual reviews- everything's made up and the points don't matter more and more pressure to be in-office despite team members being remote

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Principal Financial Group Response
4d
Thank you for taking the time to provide this feedback. Your input is valuable as we work to improve as an employer.
2.0
Jun 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Decent work life balance and benefits. Principal offers a pension which is unheard of in today’s age.

Cons

Pay is below average and Principal does not offer inflation raises. Once you hit the midpoint of your salary, you will get a 0% raise until you’re promoted, which will take multiple years regardless of performance. Performance reviews are vague and often used against employees to avoid promotions. At least in my department, I’ve yet to see any of the remote workers be promoted. This is starting to affect attrition and we’re already starting to see people leaving. It’s well known at this point that the best way to get promoted is to leave Principal and get rehired, which even leadership has stated publicly. This is a huge frustration and blow to morale, as it starts to feel like employees need to compete against their co-workers for raises.

1
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Principal Financial Group Response
2w
We appreciate you sharing your feedback. As a leader in retirement solutions and employee benefits, we strive to provide our employees with a competitive benefits package. Our global pay philosophy is guided by market-driven principles. and we leverage third-party market data to ensure our base salary and incentives remain appropriately competitive.
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