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Securian Financial

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8 reviews
1.0
30 May 2023
Recommend
CEO approval
Business outlook

Pros

Great, authentic people with talent and motivation who do the best work they can do each day.

Cons

Securian Financial started out as a great place to work. It used to feel as though they put their associates first. Unfortunately, it has really plummeted recently. I’ve greatly valued the company over the last few years and how they handled the pandemic. They were smart, flexible, adaptable, and reiterated in the company meetings that they were data driven, in regards to return to office. In March of 2020, associates were all sent home, like many businesses. Over the last few years, the pandemic altered some old workplace habits for the better. We discovered we could be productive at home (if not more productive), we could spend time with family or get more work done instead of commuting, and we could still stay connected to our colleagues with technology. Research has been conducted as an outcome of the last few years, proving this is the case. When Securian first determined it was time to go back to the office after Covid, they assured their associates they would let the leaders work with their people/teams to determine what worked best for the individual and the team. Securian recently rolled out a new hybrid policy, ignoring their associate feedback and forcing everyone into the office two times a week. For many, the last few years finally afforded a work/life balance. With expenses constantly skyrocketing, it has also been a way to save money. Upper management decided they knew better, ignoring the progress of the last few years. They’ve tossed around words like “culture” and “collaboration” as guises. We know we can collaborate virtually or on each team’s predetermined schedule. We know we can still connect and collaborate while being even more productive in a virtual world. As far as culture, if the company’s idea of culture is regressing and forcing everyone in, then they have made their stance clear. This company does not care about its people. They have also made it clear feedback is not welcome and rules are rules. The most inexcusable aspect of the policy is that you have to fulfill your eight days in office without any exceptions. You could have a vacation, a death in the family, an illness, or hazardous weather conditions, and they would require you to come in those eight days without flexibility. A two week vacation could mean two almost solid weeks in office (a punishment for using your PTO). Associates who do not make it in those required days risk termination. I hope the company starts listening to its associates and at least integrates flexibility into its new policy versus punishing people for having lives, commitments (both planned and unexpected) outside of work.

3.0
29 Oct 2020
Recommend
CEO approval
Business outlook

Pros

Good people, promote from within, pay respectable, good benefits.

Cons

Leadership is worried more about promoting the company then running it. Moral is low, budgets are tight, and upper management is out of touch.

2.0
19 Jun 2015
Recommend
CEO approval
Business outlook

Pros

Work life balance, nice people

Cons

Unrealistic and outdated view of technology, IT is seen as a necessary evil not an asset, HR and upper management hire by buzzword not by skill

1.0
15 Jul 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.

4.0
25 Mar 2014
Recommend
CEO approval
Business outlook

Pros

I believe they genuinely have the client's interests first. They do not chase trends and have been a steady financial company for many years for that reason. Communication with upper management is possible.

Cons

They do not cross train their departments so it can be very frustrating if you have a question that cannot be answered. No one knows where to direct you. The paperwork systems are not connected between departments so everything is printed in triplicate. The benefits are not very good.

3.0
1 Dec 2024
Recommend
CEO approval
Business outlook

Pros

Good coworkers, hybrid work environment, decent benefits

Cons

C Suite and upper management are out of touch, company has been cutting benefits, there have been 3 mergers and layoffs since I started three years ago, little room to grow, don’t encourage free thinking or feedback for improvement

3.0
3 Dec 2021
Recommend
CEO approval
Business outlook

Pros

- Management always approves time off -Decent work life balance

Cons

- Upper management often doesn't listen

2.0
13 Jun 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.

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