Company Overview of Securian Financial Group, Inc.
Securian Financial Group, Inc. provides financial security for individuals and businesses in the form of insurance, retirement plans, and investments. Its products and services for individuals include annuities, life insurance, financial strategies, investment services, trust services, and financial insights for women; and solutions for businesses comprise capital management, financial institution, group insurance, and retirement plans, as well as key person life insurance, business estate planning, business planning, business continuation, and executive bonus plan services. The company also provides annuities, retirement plans, life insurance, and trust services. In addition, it offers fina...
400 Robert Street North
St. Paul, MN 55101
Founded in 1880
Key Executives for Securian Financial Group, Inc.
Chief Executive Officer, President, Director and Chief Executive Officer of Allied Solutions, Llc
Chief Financial Officer and Executive Vice President
Chief Investment Officer and Senior Vice President
Chief Information Officer and Senior Vice President
Chief Compliance Officer and Vice President of Investment Law
Compensation as of Fiscal Year 2015.
Securian Financial Group, Inc. Key Developments
Securian Financial Names Marc Cabral as Regional Sales Vice President for Its Retirement Plans Group
Oct 5 15
Securian Financial Group has named Marc Cabral as a regional sales vice president for its retirement plans group. Cabral is partnering with advisors to bring Securian's retirement plan solutions to small and mid-size employers throughout Georgia and the Carolinas. Cabral previously held regional retirement plan sales vice president positions with Transamerica Retirement Solutions and The Hartford Financial Services Group.
Securian Financial Group Launches New Variable Universal Life Insurance Product, VUL Defender
Sep 9 15
Securian Financial Group launched VUL Defender, a new variable universal life insurance product designed to provide one of the most competitive lifetime guaranteed death benefits in the present market. According to LIMRA, a life insurance trade association, variable universal life premium has recorded positive growth for 10 consecutive quarters, with new annualized premium increasing 27% in 2014. VUL Defender is for clients seeking guaranteed death benefit protection at a more affordable price. Through the combination of an optional Death Benefit Guarantee Flex Agreement (DBGA Flex) and new Managed Volatility Portfolios (MVPs), VUL Defender has the potential to provide a more affordable guarantee than traditional variable life policies. DBGA Flex can help clients bring a level of guaranteed coverage into their budgets by potentially lowering the cost of the premium. While VUL Defender offers an array of allocation options, including a Guaranteed Interest Account, two fixed indexed accounts and 20 variable subaccounts, the MVPs are particularly appealing for clients seeking a product to help limit the impact of market swings and reduce risk in market fluctuations. When clients buy a VUL Defender policy, they are buying a policy that has the potential to improve with time and that changes with them. The policy guarantees are not only backed by a company with experience and financial strength—they are backed by a company that is committed to the financial goals of its customers for the long run. VUL Defender is designed first and foremost to provide life insurance protection. While the interest crediting and variable subaccount options are attractive for cash accumulation, the product should always be promoted to first meet the death benefit needs of families and businesses with cash accumulation as a secondary benefit. Variable life insurance products contain fees, such as management fees, fund expenses, distribution fees and mortality and expense charges, and may contain restrictions, such as surrender charges. The variable investment options are subject to market risk, including loss of principal. One could lose money in this product. Although Managed Volatility Portfolios seek to minimize the impact of market downturns, their hedging strategies may limit some upside potential. As with any variable investment, investing in Managed Volatility Portfolios involves investment risk, including the loss of principal. Neither diversification nor asset allocation guarantee against loss; they are methods used to manage risk. Because these funds deploy an asset allocation strategy, investment risks may vary. One should consult the prospectus for details.
Securian Financial Group Announces Employee Hiring and Promotions
May 19 15
Securian Financial Group announced newly-hired employees and existing employees promotions. Promoting from within aligns with Securian’s policy of recruiting and retaining high-quality individuals to serve its clients. New Employees: Maryam B. Shapland, M.D., joins Securian as associate medical director. Her responsibilities within Securian’s Medical Department include working closely with Securian’s Group and Individual Underwriting Departments as well as with the Claims Department, providing medical opinions and advice. Employee Promotions: Seth J. Detert, FSA, MAAA, has risen to the position of director and senior associate actuary for Securian Life Products. In this new role, Seth provides strategic direction and prioritization for product development, implementation and in-force management and leads a team that provides product support on illustrations, administration and pricing. He helps balance the Individual Life Product Manufacturer’s sales, earning and risk objectives. William M. Gould, CPA, CMA, FLMI, was promoted to vice-president of Securian Financial Institution Group (SFIG). Jacob D. Jones, FSA, is now director and actuary for Life Product Manufacturer and is responsible for assessing and managing risk within Securian’s individual life product line.
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