Securian Financial Reviews | Glassdoor

Securian Financial Reviews

Updated November 9, 2017
135 reviews

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3.9
StarStarStarStarStar
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Approve of CEO
Securian Financial Chairman, President and Chief Executive Officer Christopher M. Hilger
Christopher M. Hilger
45 Ratings

135 Employee Reviews

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Pros
  • I've personally experienced fantastic work/life balance, but it depends on your manager/department (in 19 reviews)

  • Above-average vacation/PTO and profit sharing (in 13 reviews)

Cons
  • No one ever leaves so if you're looking to promote within good luck trying (in 7 reviews)

  • Conservative culture - not keen on trying new ideas (in 5 reviews)

More Pros and Cons

  1. "Positive"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

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

    Pros

    Good company to work for with above average benefits. Room for opportunity to grow and expand work experience with other opportunities.

    Cons

    Not many negatives working with this company. It is a Corporate world environment therefor you can just be a number.


  2. "Great Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Securian Financial full-time

    Pros

    The culture at Securian is one where associates are respected and individuals treat each other with respect.

    Cons

    Downtown location - parking is not cheap.

    Advice to Management

    None

  3. "Client Services Business Analysis, Client Implementation and Project Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Specialist in Saint Paul, MN
    Current Employee - Client Service Specialist in Saint Paul, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    The company’s general strengths lie in employees with consistent strong work ethics, attention to quality and the industry’s best service ratings and standards. The company offers flexibility and good benefits.

    Cons

    There aren’t really any cons because of the pros - it is expected of employees to be self motivated and able to handle a fast paced, high volume work load. The paid time off is generous but it may be unused by year end if a conscious effort to regularly take time off isn’t done throughout the year.

    Advice to Management

    Regular review of job description changes and appropriate salary increases and promotions should be be consistent with job evolution and a great incentive keep quality employees.


  4. Helpful (1)

    "If You're Looking for Long-Term employment...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technician in Saint Paul, MN
    Former Employee - Technician in Saint Paul, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Securian Financial part-time (More than a year)

    Pros

    -Great place for growth in the financial industry.
    -Long term employees that have been with company for more than 35 years is something that Securian is proud of.
    -Long term employees are knowledge experts in their field.
    -They have good benefits and you're able to move around in different divisions - very big company.
    -You can join Securian Sound, a choir group, to sing for the Holidays.
    -Offer clubs to join and promotes voluntary work.

    Cons

    -Parking is difficult and expensive. Wait list for Securian ramps are 1+ year. If you're lucky, it may be sooner.
    -With changes in trying to meet the demands of customers, long-term employees can be tough to be motivated with changes.
    -However, it is more tough when management takes their time in providing the tools necessary for the employees to be efficient in their work process.
    -Employees are working longer hours to make up for the lack of correct technology, creating more stress.
    -In the area that I work, there has been adjustments, but people are learning to be team players slowly. More often than not, you hear more complaints from other employees not wanting to do their jobs.
    -In the area that I'm at, there is a lot of office gossip/talk.

    Advice to Management

    -Be more open to your employees.
    -Be knowledgeable and thorough of the work your employees do before you make changes.
    And don't roll your eyes at your employee(s) because they do not understand your directions. It is very unprofessional.


  5. "Fantastic company that values their employees and contributions"

    StarStarStarStarStar
    • 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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Securian truly values their employees, and in my experience values their contributions to the companies success. It's composed of several different divisions, all of which have a different culture. The company is extremely stable, and is known for going out of their way to ensure employee's tenure. Regular 30, 35, and 40 year anniversaries are the norm.

    Cons

    Although extremely stable, which is positive, the company can be painstakingly conservative at times. Advancement opportunities are often limited, and favoritism can (again at times) be seen clearly. Individuals in their Management Services program leapfrog tenured, more experienced, and oftentimes more qualified employees; but this isn't unexpected.

    Advice to Management

    Continue to value your long-term employees. Provide them with the ability to grow and advance in their careers. Also there may be value in modifying the performance review template as it seems incredibly arbitrary. Strong leaders/managers have already moved away from using this document as it provides little value in regards to development and future goals.


  6. "good midwest insurance company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Securian Financial full-time

    Pros

    Career oriented company, good benefits, many good managers, good work/home life balance

    Cons

    Median or below compensation and downtown St Paul is a dwindling city


  7. "This is a company that values its employees' ability to balance their personal and professional lives."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Manager in Saint Paul, MN
    Current Employee - Account Manager in Saint Paul, MN
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Positive corporate culture, job security, opportunity for internal advancement, generous paid time off package, defined benefit retirement plan (traditional pension) as well as defined contribution profit sharing 401(k).

    Cons

    Technology is a bit lacking, heavy case loads, services clientele that are severely lacking in basic HR and retirement plan management understanding.

    Advice to Management

    Invest in real technical infrastructure to support offered services.

  8. Helpful (1)

    "Overall very good company for IT jobs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Applications Developer in Saint Paul, MN
    Current Employee - Applications Developer in Saint Paul, MN
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    IT teams are transitioning to Agile, which is a big plus. Securian follows through with claims about being an ethical company. Work-life balance is great. People tend to stick around for a long time because the work and growth opportunities are good. Constant influx of new developers, mostly to replace people who have been promoted up, not to fill gaps left by people leaving.

    Cons

    Many areas still have heavy reliance on legacy systems (mostly IBM mainframe systems)


  9. Helpful (2)

    "Good stable company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Securian Financial full-time

    Pros

    Stable company, not a lot of turnover, internal promotion opportunities

    Cons

    Pay is lower than industry


  10. "Independent advisor"

    StarStarStarStarStar
    • 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

    Pros

    Great people and a competitive platform

    Cons

    Lack of home office support for helping advisors grow


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