Securian Financial's Total Rewards package is an important aspect of attracting and retaining highly engaged associates and developing and empowering high-performing talent. Our Total Rewards package is designed to offer choice and flexibility, support financial security and cover a comprehensive array of rewards.
Securian Financial's employees enjoy cash compensation that is competitive with similarly sized companies and we pay for performance.
We also offer a market-competitive benefits package aligned with Securian Financial's mission, culture and purpose. Below are a few highlights.
Full- and part-time employees are eligible to enroll in our medical, dental and vision plans.
Securian Financial covers a large portion of your medical and dental premiums and you benefit by paying premiums pre-tax at group rates for all insurance coverage.
We offer both a 401(k) and defined benefit retirement plan, a rarity in today’s marketplace.
Performance share plan
A unique plan that combines a 401(k) plan with profit sharing. Your contributions are supplemented by the annual profit sharing distribution from the company. Securian Financial has made profit sharing distributions to employees every year since 1974 – including during the financial crisis of the late 2000s.
You may choose to have the full amount go to your 401(k) or, after being employed for a certain number of years here, you may receive half of the annual distribution as cash compensation with the other half paid as a lump-sum contribution to your 401(k).
You receive profit sharing regardless of whether you choose to contribute personally to your 401(k).
A defined benefit plan funded entirely by Securian Financial that provides a monthly payment after retirement. Once vested, your benefit amount is based on your salary at retirement and the number of years you served the company.
Paid time off
We offer a generous amount of paid vacation, personal and holiday time off to help you maintain work-life balance.
During your year of hire, you receive a pro-rated amount of vacation time. On January 1 after your hire date, you receive 11 days of vacation time.
You receive an additional day of vacation each of your first five years at Securian Financial and earn even more the longer you stay.
You also receive 10 days of personal time every year, which you may use any way you choose. You may roll over up to 15 days of personal time to a new year, allowing you to build up a bank of up to 25 days in total.