Accounting Salary at Colonial Insurance Services BETA

How much does a Colonial Insurance Services Accounting make?

As of March 2025, the average annual salary for an Accounting at Colonial Insurance Services is $41,235, which translates to approximately $20 per hour. Salaries for Accounting at Colonial Insurance Services typically range from $37,688 to $45,013, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Colonial Insurance Services Overview

Website:
colonialtruckinginsurance.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Colonial Trucking Insurance offers a complete range of affordable truck insurance to truck owner-operators and fleets. We are the one of the most experienced commercial trucking insurance specialists in the country. Our staff returns phone calls and emails the day we get them, because this is what our clients expect. We provide answers to your trucking insurance questions when you need them. Why choose a trucking insurance specialist? When seeking out an insurance policy, there's one factor everyone considers: price. With access to 20+ insurance providers, Colonial is able to provide some of the most competitive rates in the industry. But what really sets Colonial apart from other agencies is that we're a trucking insurance specialist. We're able to provide a range of additional services other agencies simply don't have the knowledge or trucking insurance expertise to provide: Our in-house safety engineers can help with DOT Safety & Compliance. Custom analysis of SMS / CSA scores with personalized recommendations to improve scores. MVR and Pre-Employment Screening Reports (PSP) for drivers: make better driver hiring decisions. 24/7 online access to your certificate of insurance: send your certificate anytime, anywhere. Our safety engineers will work with you to minimize the frequency of claims and accidents. We know how to handle policy changes in an intelligent, timely, and accurate manner. When It comes time for renewal, we will work with you to secure the most competitive terms on the market. We can provide the following types of truck insurance: primary liability physical damage motor truck cargo occupational accident workers compensation general liability broker bonds We can provide trucking insurance for: owner/operators or fleets local, intermediate, or long-haul operations dump trucks, straight trucks, or tractor/trailers hot shot operators container haulers agricultural haulers any other specialized trucking operation

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What Skills Does a person Need at Colonial Insurance Services?

At Colonial Insurance Services, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  2. Accounts Payable: Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
  5. Bookkeeping: Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business. Transactions include purchases, sales, receipts, and payments by an individual person or an organization/corporation. There are several standard methods of bookkeeping, including the single-entry and double-entry bookkeeping systems. While these may be viewed as "real" bookkeeping, any process for recording financial transactions is a bookkeeping process. Bookkeeping is the work of a bookkeeper (or book-keeper), who records the day-to-day financial transactions of a business. They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash book, suppliers ledger, customer ledger, etc.—and the general ledger. Thereafter, an accountant can create financial reports from the information recorded by the bookkeeper.

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Check more jobs information at Colonial Insurance Services

Job Title Average Colonial Insurance Services Salary Hourly Rate
2 Account Executive $63,580 $31
3 Account Manager $67,070 $32
4 President $701,380 $337
5 Customer Service $36,152 $17
6 Customer Service Representative $31,922 $15

Hourly Pay at Colonial Insurance Services

The average hourly pay at Colonial Insurance Services for an Accounting is $20 per hour. The location, department, and job description all have an impact on the typical compensation for Colonial Insurance Services positions. The pay range and total remuneration for the job title are shown in the table below. Colonial Insurance Services may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $41,235 look to you?

FAQ about Salary and Jobs at Colonial Insurance Services

1. How much does Colonial Insurance Services pay per hour?
The average hourly pay is $20. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Colonial Insurance Services?
According to the data, the highest approximate salary is about $45,013 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Colonial Insurance Services?
According to the data, the lowest estimated salary is about $37,688 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.