Securian Financial Group, Inc. · St. Paul, MN United States
Company Description
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This link will open in a new window After 125 years of being in business, Minnesota Mutual felt secure enough to change its name to Securian Financial Group. The company still operates through its subsidiary Minnesota Life which offers individual and group life and disability insurance and annuities, as well as retirement services and mortgage life insurance. Other subsidiaries include Securian Financial Services which, along with Advantus Capital Management, offers mutual funds, institutional asset management, trust services, and annuity and retirement plans. The company was founded in 1880 and restructured as a mutual holding company in 2005. To read the full description, subscribe now.
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Key Securian Financial Group, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $2,852.1 |
| 2007 Employees | 5,000 |
Securian Financial Group, Inc. Executives
89 executives listed for Securian Financial Group, Inc.'s St. Paul, MN location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Robert Senkler | Network |
| President and Vice Chairman | Randy Wallake | Network |
| EVP and CFO | Warren Zaccaro | Network |
Competition
Competitive Landscape for Securian Financial Group, Inc.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Securian Financial Group, Inc. Competitors
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