Securian Financial

  www.securian.com
  www.securian.com
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Securian Financial Reviews

Updated September 29, 2014
Updated September 29, 2014
51 Reviews
3.3
51 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Securian Financial Chairman and CEO Robert L. Senkler
Robert L. Senkler
40 Ratings

Review Highlights

Pros
  • Stable job, work-life balance, great people (in 7 reviews)

  • Job security is the best thing about the company (in 6 reviews)


Cons
  • Hardly any recognition for work done and limited opportunities for progression (in 3 reviews)

  • Things move slowly, and new ideas don't come by all that often (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Climbing up the corporate ladder from a non-exempt position to an exempt position was challenging.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Securian Financial

    Pros

    Time-off is given upfront, tuition reimbursement after 3 years of service, affordable benefits and nice sized PSP contributions from the company.

    Cons

    Those who come to the company through the Management Services program are given better opportunities than those who have worked here for years.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Not bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  Saint Paul, MN
    Former Employee - Intern in Saint Paul, MN

    I worked at Securian Financial as an intern for less than a year

    Pros

    Great development program. Cautious environment. Great people

    Cons

    Cautious environment and slow moving. Pay isn't very high.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Associate Group Plan Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Group Plan Representative  in  Saint Paul, MN
    Former Employee - Associate Group Plan Representative in Saint Paul, MN

    I worked at Securian Financial full-time for more than 3 years

    Pros

    Convenient location in downtown. If you are managment favors you, there are growth opportunities after a number of years. Six and a half company- paid holidays. Profit sharing after three years of employment. Nice cafeteria.

    Cons

    Not family friendly at all. If you have to leave early to go tend to your sick child- that is an unplanned absence, and you can only have six of those in a year. Pretty crappy benefits, pretty crappy pay. You are expected to do two jobs and get paid the crappy pay of one.

    Advice to ManagementAdvice

    Recognize your employees and appreciate them more. Provide more paid time off, provide better salary increases. Be closed the day after Thanksgiving. If a person gets a "promotion", give them a raise.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Marketing Specialist Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Securian Financial full-time

    Pros

    Security, Consistent, Growth, Kind people, work-life balance

    Cons

    Slow. There is not much adoption of new techniques and innovative ideas.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Good, stable company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Supervisor  in  Saint Paul, MN
    Current Employee - Supervisor in Saint Paul, MN

    I have been working at Securian Financial full-time for more than 10 years

    Pros

    Great promotion from within, decent benefit package, good paid time off, lots of great, long tenured employees.

    Cons

    Very conservative company, office politics, paying for parking

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Don't allow yourself to be brainwashed!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Analyst I
    Former Employee - Systems Analyst I

    I worked at Securian Financial full-time

    Pros

    Stable job, work-life balance, great people

    Cons

    Low pay relative to market, vastly over-hyped benefits, limited opportunities, legacy technologies

    Advice to ManagementAdvice

    Be real about the benefits package (It's not world-beating by any means, not even close). Give talented employees a chance to sink or swim (don't babysit). If the "pay for performance" motto is true, then be an advocate for those who deserve more, rather than worrying about who's feelings will get hurt.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  8.  

    It is a decent place to work but does have some drawbacks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Salt Lake City, UT
    Current Employee - Financial Advisor in Salt Lake City, UT

    I have been working at Securian Financial full-time for more than 3 years

    Pros

    I believe they genuinely have the client's interests first. They do not chase trends and have been a steady financial company for many years for that reason. Communication with upper management is possible.

    Cons

    They do not cross train their departments so it can be very frustrating if you have a question that cannot be answered. No one knows where to direct you. The paperwork systems are not connected between departments so everything is printed in triplicate. The benefits are not very good.

    Advice to ManagementAdvice

    Cross train the different departments so you are not sent on a wild goose chase when you have a question. Try and minimize the amount of paperwork that is sent out to everyone.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    wonderful culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing  in  Saint Paul, MN
    Current Employee - Marketing in Saint Paul, MN

    I have been working at Securian Financial full-time for more than 3 years

    Pros

    Great benefits, good pay, wonderful culture.

    Cons

    Turnover rate is low, so competition is stiff to get in and move up. Relatively strict about the dress code. The company is lean, so everybody's pretty busy. But nobody seems to mind it.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Conservative, Trustworthy, Ethical Company with Nice people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Securian Financial full-time for more than 10 years

    Pros

    The culture is different at each office because the field offices take on the culture of the Managing Partner. Our office is going through some transition with the managing partners and the culture is changing. The Securian Culture is very positive and most people enjoy the company and are committed to Securian. You are not locked into sell Securian products, but they have a good suite of products and try to support you in sales. In the last few years, they have added investment compensation to the qualification formulas for trips and benefits (it used to be if you didn't sell insurance, you didn't qualify for many of the perks).

    Cons

    Securian has really ramped up their requirements for the annual trip qualifications so that many of the old guard did not make it this year. They continue to add fees and pay less of our expenses each year, so that my net is reduced. Medical insurance is quite expensive in both the premium and also the out of pocket. Insurance products are changing so they don't pay trails.

    Advice to ManagementAdvice

    It feels like you are trying to push out the MDRT qualifying, middle producer by squeezing us with more fees, pushing up the trip qualifications and reducing the medical insurance subsidy, etc.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Micro management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Securian Financial

    Pros

    The chairs are soft. Temperature in the work areas is kept at a reasonable level. The bathrooms are pretty clean.

    Cons

    Legacy technology, little room for advancement, hard work is not appreciated

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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