Principal Life Salary

Principal Life Salary

How much does the Principal Life Pay for employees?

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As of August 2026, the average annual salary for employees at Principal Life in the United States is $85,186. This translates to an approximate hourly wage of $41. Salaries at Principal Life typically range from $74,949 to $96,320 annually, reflecting the diverse roles and experience levels within the company. Principal Life’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Principal Life Pay for Different Roles?

Explore detailed salary information for specific jobs at Principal Life. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at Principal Life

Ready for your next career move? Explore current job openings at Principal Life. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Principal Life’s Pay Competitive? Salary Benchmarking Analysis

How does Principal Life’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Principal Life
Insurance
Kingdom Tree Insurance Group
Paul Clark - State Farm Insurance Agent
Industry Comparison
Our data shows that, on average, compensation at Principal Life is below the average for the U.S. Insurance industry by approximately 31%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Principal Life average annual salary with several similar companies. Principal Life average salary of $85,186 is higher than Kingdom Tree Insurance Group, which has an average salary of $82,675. It is lower than Paul Clark - State Farm Insurance Agent, with their average salary at $88,382. This places Principal Life in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Principal Life's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Principal Life. Click a company name to learn more.

Employee Reviews: Working at Principal Life

Considering a career at Principal Life? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The benefits are excellent, including strong retirement plans and health coverage. The company culture is welcoming, and employees are treated with respect. Positive atmosphere with recognition for hard work. The company also hosts engaging team-building events, fostering camaraderie. Team dynamics are strong, and there’s a real sense of camaraderie. I joined this firm recently and am impressed by...
Commented in April 09, 2025
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1
Benefits like health coverage and 401(k) matching are excellent. Benefits are top-notch, including strong retirement plans. The company provides excellent training and resources for insurance professionals. The company provides a stable work environment in the insurance industry. The office spaces are modern, and flexible scheduling is a big plus.
Commented in February 28, 2025
28
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The leadership team is forward-thinking, and employees are given opportunities to take on new challenges. Team collaboration is a highlight, making daily tasks enjoyable. Working at this insurance firm offers stability and a predictable workflow. The company operates with efficiency and maintains a professional environment.
Commented in February 04, 2024
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Principal Life Overview

Website
www.provbenefit.com
Founded In
1995
Employees
<25 employees
Industry
Insurance
Headquarter Address
3401 W Cypress St Tampa Florida FL 33607
Revenue
<$5 Million
Phone Number
+1 8132109680
Social Media
About Principal Life
Ron Moore is licensed in FL to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in FL, CA. This site is not a solicitation of interest in any of these products in any other state. IMPORTANT CONSUMER INFORMATION: Ron Moore may only transact business in a particular state after licensure or satisfying quali

What Benefits Does Principal Life Offer Beyond Salary?

A competitive compensation package is more than just a salary. Principal Life offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Tampa?

Understanding the cost of living near Tampa is key to truly evaluating a salary offer or your current compensation at Principal Life.
Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). Growing Gulf Coast city, housing costs near US average but have risen. HART bus/streetcar. When planning your budget based on a salary from Principal Life, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Principal Life salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $65 (HART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,775 - $4,345+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Principal Life

1. How much does a Principal Life employee make?

Principal Life pays its employees an average of $85,186 per year. The average salary at Principal Life range from $74,949 to $96,320 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Principal Life?

The salary at Principal Life is higher than the similar company. The average annual salary at Principal Life is $85,186, or an hourly wage of $41, in comparison to Kingdom Tree Insurance Group which pays $82,675 per year or $40 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Principal Life?

In many roles at Principal Life, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Tampa affect the perceived value of a Principal Life salary?

Tampa's Cost of Living Index is approximately 100.1 (0.1% more expensive than US average; 2.9% less than FL average). This significantly impacts the purchasing power of a salary from Principal Life based there. Our "Cost of Living Insights for Tampa" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Principal Life typically offer employees?

Principal Life generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Principal Life" section on this page.

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