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Securian Financial

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Securian Financial reviews

3.5

60% would recommend to a friend

(518 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 518 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

518 reviews
2.0
Jan 4, 2024

Leading IT in the Wrong Direction

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Strong ERGs, pension, hard workers at the bottom

Cons

Ever since Lastine has been at the company, IT has been going the completely wrong direction. Backstabbing and favoritism run rampant. Middle management is overworked. Recognition is at an all time low. Promotions are stagnant no matter how much effort you put in.

1.0
Jun 5, 2013
Recommend
CEO approval
Business Outlook

Pros

There is still quite a bit of peer level comradery and generally the people are nice. The divisions' financials are sound and is gaining a stronger reputation in the industry. If you are an actuary, in IT, or near retirement, this is likely the place for you.

Cons

I completely agree with prior reviews that overall the division seems to be increasing the degree of vertical hierarchy and can completely refute the idea that all management has an "open door policy". Maybe some do, but certainly no all. New ideas and risks are shunned. High performers should look elsewhere. They don't want people who think outside the box or strategically. They'll handle that at the top. They want people who will fall in line and do what they're told -- nothing more, nothing less. It's true that people stick around for a long time (or at least have historically) but my bet is that will be changing. This tenure also means leadership is stale and individuals that would be fired in the majority of other organizations stay in their jobs until they retire. This place doesn't lay people off, they just make your life miserable to the point that you want to leave. They've had the golden handcuffs of the retirement plan which puts you in a position to feel dependent upon them. There is no matching, they simply announce what they will put in at the end of the year. Which means they can't commit to you up front, but will give you the left overs. Trust me, if you're a saver, and are willing to take charge of your own retirement, you can do better elsewhere.

2.0
Jun 13, 2025

Lost its direction

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Wonderful work/life balance - Do a lot for the St. Paul community

Cons

- Upper Management not as approachable as they were 10+ years ago. Seems ego-driven in a lot of ways. - Incredible amount of favoritism when it comes to promotions. Its always the same people who often do not have the necessary skillset to be an effective leader who, for some reason, move up each year. (Brown Nose Club) - Poor or non-existent training. Much of it is peer to peer and know from experience...new hires are lost for the first 6+ months of their job. - Expectations to be back in the office 3 days minimum a week and soon will be 4-5. Most of the work can be done and done effectively remotely. The BS about engagement and collaboration is just that...BS. Its really just a ploy to boost neighboring business in and around the two buildings owned by the company, which isn't working at all. Alliance Bank building is shut down and so will the Wells Fargo building now that they left or are leaving. I left the company willingly so these comments are not meant to be an attack from a disgruntled ex-employee, but instead from someone who has seen the culture shift from focusing on the employees (who are now just a "number) to pleasing the Board of Directors. Change happens and happens a lot at Securian....everyone knows that, but the callousness of some of the decisions and the impact on the associates has been overwhelming going back to 2019. Never thought I would see the day where outsourcing work overseas became the norm and not the exception to the rule. I know a LOT of people who are constantly in fear of when their job is going to be next. And I've seen the number...with the amount of rework having to be done onshore because of the mistakes made by the overseas staff, there is no chance the company is saving money.

Viewing 28 - 30 of 518 Reviews

Glassdoor has 583 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.