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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
1.0
Jul 15, 2013
Recommend
CEO approval
Business Outlook

Pros

There is very good job security at Securian, people are rarely fired or let go. If the company wants someone to leave, they will push them out, or just ignore them until they leave. You get a good number of vacation and personal day. Minimal amount of effort is needed to perform your job duties.

Cons

Securian is a very negative place to work. They do not recognize the talents of their employees, and upper management does not listen or care about the working environment. They preach about work life balance, but all that means is you can start anywhere between 7 and 8 in the morning. There is little flexibility and the company is painfully conservative. If you work in Information Technology, be prepared to work on legacy tools (mainframe) and an attitude of extreme caution when programming. If you are a minority or disabled in any way do not work for this company. The company uses minorities for marketing promotions, but job growth is limited for those individuals. In addition if you have any disability they apply policies and procedures differently to make it more burdensome.

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.

4.0
May 15, 2013
Recommend
CEO approval
Business Outlook

Pros

Financially sound company (no worry of layoffs), annual profit sharing distribution (up to 10%) into your 401(k), great paid time off / vacation hours.

Cons

Unless you want to get into management (which there are limited opportunities to begin with), career growth is very limited for salary ranges $70k and higher. Medical benefit has also been declining over the years. Brand recognition is very low in the national market.

Viewing 487 - 489 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.