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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
Mar 21, 2018

Protects toxic management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work/life balance is decent, good job to have if you want to come in, take orders, and collect a paycheck.

Cons

Not progressive in any sense of the word. Sexist environment, retaliates against employees that challenge status quo or even just try to promote change or stick up for themselves. Got hired to make improvements to a broken work system but the pushback on ANY change was intense, and then the petty retaliation turned into major retaliation, making the job unbearable. It felt like everyone there was constantly frustrated and just waiting for another job to pan out so they could leave. Personally had the worst working experience of my entire career.

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Securian Financial Response
8y
Thank you for providing feedback on your experience. We are proud of the workplace experienced by the majority of our associates, as evidenced by many of the responses on this site. However, we recognize problems occur for some associates and provide resources to assist them in those situations. Securian has a long standing commitment to a discrimination and retaliation-free workplace. We investigate concerns promptly when reported. If your concerns have not resolved, we strongly encourage you to contact our Employee Relations team to discuss your concerns or report anonymously through our Confidential Ethics Line. Current associates can locate contact information for both on our internal website.
2.0
Jan 16, 2024
Recommend
CEO approval
Business Outlook

Pros

People are great. Some of the nicest co-workers. Benefits, including their retirement plans, are the best in the country.

Cons

Leadership. Top brass have all been with the company for atleast 2 decades. Their lack of leadership is very evident. Product leadership dont really know much of product ownership. They are all glorified program managers and actuaries. Technology leaders don't know much about technology. Individual contributors stay there only for paycheck and benefits.

2.0
May 26, 2023
Recommend
CEO approval
Business Outlook

Pros

The overall benefits package is strong, but not nearly as strong as the company touts it to be. It's competitive, but overall not necessarily anything outstanding or unique, with the exception of the Defined Benefit Pension and Performance Share Plan (PSP). Very solid PTO package that you can use without question (at least in my experience, though I've seen different treatment for high performers/senior associates and junior associates). Parental leave is great (4 weeks), but that's also becoming a table stakes benefit. If you're a top performer and know how to advocate for yourself, you'll do well and move up quickly - if not, you'll likely struggle a bit more to get opportunities for promotion or advancement. My management chain personally has been great, however that's more of an outlier - most low to mid level managers are not as supportive, inexperienced, and generally not great leaders.

Cons

Upper level management/executives generally are very disconnected from the individual contributor level, making decisions without input (or ignoring input) of most associates. There's a significant generational divide between upper management (boomers who typically have been at the company 10+ years) and individual contributors (which is largely Gen Z and Millennials, and growing). An example of this is the new mandated return to office corporate policy, requiring all associates to work in the office at least 2 days per week (with no exceptions). The majority of individual contributor associates are opposed to any required return to office, but management completely ignored this and pushed the mandate anyways with very little justification or data to support it - instead touting ambiguous "office culture" and "enterprise productivity" buzzwords. They over estimate and tout their "total benefits package", using it to justify paying most associates 30%-50% below market rate for their positions. You will be significantly underpaid (in terms of base salary + bonus) as an individual contributor - that is guaranteed. HR operates with a very old school, antiquated mentality and are not receptive to any feedback - you have to fight for promotions and constantly be getting job offers externally to force HR to counter-offer and receive salary increases and promotions. Very high turnover rates over the last few years due to HR stubbornness, upper management's inability to adapt to new ways of working (hybrid and remote workers), lack of advancement opportunities, corporate red tape, and lack of interesting or exciting work - this has been especially problematic in Enterprise Technology areas. Upper management also generally is completely unaware of resource needs, with most technology teams being severely understaffed and heavily reliant on external consultants and staff augmentation, leaving associates with large workloads of primarily maintenance and support work.

Viewing 16 - 18 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.