Sr Software Engineer I (Cobol)

What You'll Do

As a motivated Software Engineer in Sales Compensation Technology, you'll be part of an agile, product driven engineering culture and will be an active team member of a highly functioning software engineering team that is growing and sharing the principles behind our desired culture. Sales Compensation Technology is a maturing environment where technology professionals are not content with a dogmatic answer of, "That's just how we do it here". All our engineers must know why we continually invest time and energy into changing how we work to advance our application portfolio through modernization and our cloud acceleration program.

You'll have the opportunity to:

• Learn and grow alongside your team - pairing and mobbing are not only encouraged, but it's how we work.
• Engineer awesome software
• Execute against our cloud accelerate strategy.
• Take advantage of training opportunities and engineering communities
• Ensure consistent use and high-quality deployment of modern, innovative software techniques.
• Question everything, with continuous inspection of the work, and how to make it better.
• Eliminate system impediments while promoting the necessity of modern software practices and technology.
• Own continuous improvement in yourself, your team, and the solutions you build.
• Engage in a trusting product engineering team.
• Build in security from the beginning, improve our coding practices, ensure scale and performance capabilities, and evolve our engineering culture.

What You'll Do:

• Lead the translation of existing legacy COBOL-based processes into scalable, distributed solutions.
• Conduct process and lifecycle analysis to improve system efficiency and reduce risk.
• Partner with engineering, operations, and business teams to drive modernization initiatives.
• Mentor and upskill engineers, fostering a culture of learning and continuous improvement.
• Perform risk analysis and mitigation planning to ensure the security and reliability of modernized solutions.

Who You Are

• Associate or bachelor's degree (preference in a computer science, technology, engineering or math-related field or equivalent experience) and 6+ years' work experience or equivalent experience.
• Strong COBOL expertise and experience working with mainframe systems is required.
• Experience in mainframe platforms (e.g., IBM Z/OS, CICS, JCL, DB2, TSO, VSAM) is required.
• Deep understanding of software development lifecycles, process optimization, and risk analysis.
• A modernization mindset, with the ability to assess legacy systems and design forward-looking solutions.
• Strong problem-solving skills, with the ability to analyze, diagnose, and resolve complex system issues.
• Ability to influence technical and strategic decisions with solid rationale.

Some skills that will help you stand out:

• IBM Developer for Z/oS (IDZ)
• Exposure or familiarity with Github, Insomnia
• Exposure to CI/CD pipelines, automation, and DevOps methodologies.
• Background in financial services, insurance, or other regulated industries.

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

$100800 - $182400 / year

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

Work Environments

This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You'll work with your leader to figure out which option may align best based on several factors.
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 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

While 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 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)

8/20/2025

Latest Post Date: Careers - US

8/20/2025

LinkedIn Remote Hashtag

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