employer cover photo
employer logo
employer logo

Securian Financial

Is this your company?

Securian Financial reviews

3.5

60% would recommend to a friend

(518 total reviews)
avatar

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
Oct 5, 2023

No longer a great place to work

Recommend
CEO approval
Business Outlook

Pros

PTO Pension Plan 401k match

Cons

Securian has changed over the last many years. They are no longer prioritizing the well being of their associates, they are not competitive in the market place for top talent, jobs feel less stable then they did previously (after the sale of two divisions) and growth opportunities are not as available as they once were. They company has mandated in-office 2 days per week with make-up days required if you are out of the office. They also consider a commutable distance to be 90 minutes each direction (that is crazy!) This has caused a loss of productivity, anxiety and many talented associates to search for opportunity elsewhere. While management says they are supportive of lost productivity, already understaffed teams are expected to continue to produce similar or better results to meet enterprise wide objectives. People are frankly being asked to do more than they can accomplish in a 40 hour work week. It seems they have stopped listening to their associates. It was acknowledged that the return to office policy was the number one comment in our great places to work survey, but leadership has dug their heels in and said the policy will not be reversed, though they have left it open to increase days in office. Compensation will consistently be under market. Internal equity does not exist. Newer associates will be brought in to do the same job for considerably more compensation than existing employees. You will find you have to consistently advocate for yourself to move the needle. Middle management working towards the same goals and objectives often have different ideas on how to get where they are going. The waters are very muddy for matrix teams. In my experience, Securian relies heavily on contract workers. Not only does this make teams completely dependent on augmented resources, knowledge and talent rotate in and out as contracts expire. It is difficult to move forward when teams start over because of knowledge loss regularly. The St Paul Downtown Alliance seems to be a conflict of interest as our 'responsibility' to sustain and support the downtown economy seemed to be a factor in deciding return to office was necessary.

1.0
May 19, 2024
Recommend
CEO approval
Business Outlook

Pros

Not many pros to list anymore. Hybrid work environment and free parking.

Cons

Company is going downhill fast with Hilger in charge. They used to truly value their employees but that’s a thing of the past. Still allowing remote work with two days/wk in office but if you take a week off you have to make up those two days. Pay is low compared to the market rate (they tell you it’s on par and to be thankful we have jobs (yes, HR really said that)). Selling off lines of business, secret layoffs, sending work overseas and pushing out seniority. We have way too many presidents, executive vp’s and second vp’s. Raises stink and no where near keeping up with inflation (unless you’re in upper leadership). Upper leadership says they care about employees but treat us like teenagers working at McDonalds. I know change is inevitable but the amount of negative change since Hilger took over is scary. I used to refer friends and family here but not anymore.

1.0
Jun 29, 2023

Profits > Employees

Recommend
CEO approval
Business Outlook

Pros

-Very Generous PTO (if you can use it all) -Beautiful downtown campus with a great cafe (though pricey) and tons of local skyway restaurants

Cons

-Overworked: Employees within FP&A are expected to work overtime and frequently weekends without any additional compensation. Over time, this has become the expectation rather than the exception. Burnout is an extremely common issue within the company and FP&A department. -Undervalued: Employees are treated as expendable rather than valued assets. When you don’t conform to unreasonable department expectations, you’re labeled as unloyal. Yet, when the company no longer needs you or your department, they won’t hesitate to offload you without warning. Additionally, salaries lag quite substantially behind the market, and workload is frequently increased without additional compensation to match. -Fake: Securian hides behind their “great place to work” facade while many employees are struggling to keep up or abruptly sold off.

Viewing 4 - 6 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.