Securian Financial Reviews

Updated June 19, 2015
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3.4
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Recommend to a friend
Approve of CEO
Securian Financial President and CEO Christopher M. Hilger
Christopher M. Hilger
4 Ratings

Pros
  • Security, Consistent, Growth, Kind people, work-life balance (in 7 reviews)

  • There is very good job security at Securian, people are rarely fired or let go (in 6 reviews)

Cons
  • Inflexible work schedules, "talk" work-life balance, but in reality, face-time in the office is what counts (in 3 reviews)

  • Low pay relative to market, vastly over-hyped benefits, limited opportunities, legacy technologies (in 3 reviews)

More Pros and Cons

62 Employee Reviews

Sort: Popular Rating Date
  1. Analyst

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

    I have been working at Securian Financial full-time (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Competitive salary, great benefits, generally great people and leadership.

    Cons

    Behind on technology, slow to evolve.


  2. Application Analyst

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

    I have been working at Securian Financial full-time (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good place to work and great benefits

    Cons

    always late to new technologies


  3. Get vested and get out

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

    I have been working at Securian Financial full-time

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Work life balance, nice people

    Cons

    Unrealistic and outdated view of technology, IT is seen as a necessary evil not an asset, HR and upper management hire by buzzword not by skill


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Working at Securian

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

    I have been working at Securian Financial full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great company and good people. Saint Paul is a nice smaller city to work in. You can feel free to do your job and work fairly independent. There are some social aspects and clubs but no pressure to join in. Most people are honest, work pretty hard and are nice. They contribute to a pension plan for you and also award a profit sharing when goals are met. Conservative and well managed company and not overly political.

    Cons

    Depending on timing and projects the work load can be stressful at times. Overall, it seems to balance but ebbs and flows. The dress and manner of the culture is pretty conservative. This could be both pro and con.


  6. Time of change

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

    I have been working at Securian Financial full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Stable company with a long history. They are conservative so they do not hire a lot of people and fire a lot of people. Many people will stay here for many years 25+. They have good benefits including a pension and over a 7% average yearly contribution to your 401K

    Cons

    The life work balance is not what it use to be. There is a push for people to work more and more. This is hard when the pay is not top of industry. Also there is not a lot of room in many areas for people to move up. People stay a long time so turnover is low but so are career advancement opportunities.

    Advice to Management

    Prioritize work for the company and then focus on it. Give people the time to work on the priorities and don't constantly add new top projects for them to work on before the first one is done.


  7. Good job security, conservative and at times boring culture

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

    I have been working at Securian Financial full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Job security, Can get in with little experience (good and bad), Training always provided, Friendly staff, good retirement, good pension, work/life balance

    Cons

    Overly conservative (culturally and related to software), largely boring and uninspired culturally, pay is generally below market rate, generally no real passion for computing

    Advice to Management

    Enable newer associates, spark change in the culture, don't be afraid to have some personality and/or edge at times, raise the pay a little


  8. Helpful (1)

    Long Time Employee Observations

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

    I have been working at Securian Financial full-time

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Financially strong organization with high ethics and over achieving employees.

    Cons

    Salaries and benefits are not staying competitive. The organization is not adapting quickly to the way that younger associates work (i.e. telecommuting or alternative work arrangements are not sanctioned from the top down). The corporate culture is very stoic with much spin placed on trying to convince employees that it's not.


  9. Helpful (3)

    Be careful of which division you apply for.

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

    I worked at Securian Financial

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Conservative company with a watch others do before doing yourself attitude.

    Cons

    Opportunities to advance are limited. They invest in a management services program that promotes people right out of college to supervisory and management positions, often when exiting qualified candidates are doing the daily work at the time. Certain divisions are known for being cliquey and you need to CYA in everything you do. High rate of employees seeking mental health treatment for stress directly related to job expectations.

    Advice to Management

    Avoid the cliquey behaviors and recognize talent beyond those with degrees. It is hard to expect your employees to be dedicated to their jobs, when their leadership is managing with suspect morals.


  10. Decent company, but employed under a total failure of a manager

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

    I have been working at Securian Financial

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    The people, the relationships, the compensation

    Cons

    One manager, the micromanagement, and lack of constructive feedback

    Advice to Management

    Utilize worker feedback and proactively discuss with management


  11. Helpful (8)

    I've worked here over 3 years and still can't decide how I feel

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

    I have been working at Securian Financial full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I've worked in IT (app development) at Securian for over 3 years now and I still can't really decide how I feel about it. Some days I hate it, some days I love it. In general, most if the good spin they put on it is honestly true. It is generally a good company to work for, with a great work-life balance, and you'll work with good people, laugh a bit, and have a manager who is honestly looking out for your best interest. The environment is not competitive and everything is highly ethical and handled professionally and by the books. Unless you're "extraordinarily good", or "extraordinarily bad", you can expect that you'll your first promotion in 18-24 months, and the next 18-24 months after that. You'd have to be either really good or really bad to not get promotions in those time frames.

    Specifically in regards to IT, there is a growing movement to get things modern, agile, open source, all that good stuff.

    Cons

    All that being said, it is hard to get over the fact that there are an extraordinary number of people who work here that have absolutely no clue what they are doing. Particularly the older people who have worked their way up the ranks just due to putting in their time. Securian's trust in your skills depends solely on your years of service at Securian, so it makes it quite difficult to change things. Unlike what other people say, I will note that you absolutely CAN get good things done IF you are willing to push hard enough, and try long enough. But... it is so hard to do so that people tend to get burned out and either quit or accept things as they are within a few years. I'm currently at that few year point and deciding which path I want to take. I hate to see myself turning into the accepting type, but it just takes so much energy to get good things to happen, and there is really no reward (since as I mentioned, 95% of people get promotions in the same timeframe regardless of performance)

    Working at life insurance company, there is almost no potential for you to have a career and look back at it and see how you improved the world. If all you want is a good job at a good company with good people, then Securian is probably your place. Maybe you have hobbies that will allow you to change the world. If so, great. Securian will never make you work overtime, so you'll have plenty of time to explore those hobbies.

    If you're super ambitions and feel like you want to have a career where you can say you did something to change the world, then I'd honestly recommend you look elsewhere. I can make the case that almost any other company would give you a chance at improving the world... Securian will not. It's life insurance. We deal with death. Keep that in mind.

    Advice to Management

    Please please please fire or at least demote people that cannot perform. The IT department could honestly get just as much work done with half the staffing, if the staff was organized correctly and the incompetent ones let go. Every day I see good people being lazy because there is no reward for being ambitious. They know at the end of the day they will all get almost the same MIP bonus and same raise as everyone else.



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