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Securian Financial

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Securian Financial Reviews

3.5

60% would recommend to a friend

(517 total reviews)
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Christopher M. Hilger

64% approve of CEO

65% positive business outlook

Securian Financial has an employee rating of 3.5 out of 5 stars, based on 517 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Securian Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

517 reviews
1.0
8 Nov 2023
Recommend
CEO approval
Business outlook

Pros

Pay, Time Off, Training Opportunities

Cons

Management ineffective at addressing toxic and negative coworkers, despite multiple coworkers bringing these issues to their attention. When asked if HR can get involved, excuses were made and the problems were never actually resolved. I immediately noticed a shift in the way I was treated in reviews/etc. The return to office policy is a joke. It was rolled out with such ambiguity in regard to how its being enforced, it allows the business as well as your department leads to change the rules on an employee by employee basis. You also have a minimum amount of days per month required in office, which is firm and allows for no exceptions, making the employee have to make up days regardless of medical issues, personal issues. This goes for PTO as well, you take PTO for a week? Those two days need to be made up in another week. Nonsensical. This RTO policy is also not evenly enforced to members of your own team. Team member a friend of your boss? They are granted an exception to only come in 50% of the time as the rest of the team for as lame of an excuse as "getting a new puppy". Your car is nearly totaled in an accident and you are not besties with your manager? You are told to get a bus pass, or get an uber to work every day and back. So much for flexibility and fair treatment. I regret accepting the offer of employment from Securian and am sad that I lost the love and passion I had for my career as a result of the negative experience I had here.

2.0
3 Aug 2023
Recommend
CEO approval
Business outlook

Pros

Securian has competitive benefits including health, life, short-term disability, long-term disability, and accident indemnity insurance. They also offer a 401(k), but you have to work there 3 years to become vested and get the full match. They offer a pension, but you have to tolerate working there at least 5 years. The time off is generous. The company has been around since the 1880s, and they're financially strong.

Cons

In my four years at Securian, I found management to be friendly, but incompetent. My directly leaders didn't know how to do my daily responsibilities and were basically held hostage by their direct reports that are colloquially referred to as "knowledge hoarders." In both divisions I've worked in, I've had to befriend senior employees in order to earn essential training to effectively do my job. Lazy, toxic coworkers aren't held accountable for their actions and the unpleasant work environment they create. I've watched colleagues accidentally wire hundreds of thousands of dollars to the wrong place and lose multi-million dollar clients due to their ignorance and suffer zero consequences. Securian does a great job of marketing themselves at as an employer of choice that "has a knack for recognizing potential," but I haven't found that to be true. It's all branding and talk. If you're a high performer, you'll be rewarded with extra work while your colleagues send each other memes all day. My manager has told me that you have to go above at beyond for at least 3 years to actually get the promotion and the raise for the job you've already been doing. Promotions don't go to people that earn them, they go to folks that have been doing the job the longest. Securian doesn't reward talent, they reward loyalty. Unfortunately, that means you'll be stuck working with a team of unambitious, low performers who actively fight change just so they can max out their pension. Don't be shocked when those same people get promoted. When technology and software issues arise, which they frequently do, because Securian avoids investing in infrastructure, IT will ignore and avoid the issue until you find a workaround, and once you do find a workaround, they'll immediately make the issue a low priority. That means they'll make plans to resolve it in 3-5 years, if ever.

2.0
12 Jun 2023
Recommend
CEO approval
Business outlook

Pros

Pension is nice for as long as they keep offering it.

Cons

Well below industry pay. Company is more committed to downtown St. Paul than they are their own employees. They just want warm bodies in the office and don't care that production will go down. Securian is getting more and more political and the culture of the company has greatly changed. They have sold off hundreds of jobs in the last 6-9 months with no care to the impact of those employees. With the direction of the company, I'd bet they will be requiring 3+ days in the office soon. I'd also bet the pension gets removed as a benefit because they are struggling to get and keep employees long term since the culture is deteriorating and the salaries are low.

Viewing 1 - 3 of 517 Reviews

Glassdoor has 582 Securian Financial reviews submitted anonymously by Securian Financial employees. Read employee reviews and ratings on Glassdoor to decide if Securian Financial is right for you.