$677,946 / year
Salary Range: $518,973 - $854,370
Executive
$160,570 / year
Salary Range: $142,061 - $180,004
Sales
$103,070 / year
Salary Range: $91,572 - $115,929
Compliance
$99,087 / year
Salary Range: $89,247 - $108,919
Management
$81,906 / year
Salary Range: $71,336 - $97,336
Sales
$77,051 / year
Salary Range: $69,016 - $84,512
Compliance
$75,784 / year
Salary Range: $68,337 - $85,174
Insurance Underwriting
$74,113 / year
Salary Range: $64,876 - $88,576
Insurance
$58,518 / year
Salary Range: $53,071 - $66,051
Insurance Underwriting
$57,628 / year
Salary Range: $52,550 - $62,949
Proposal and Contracting
$50,010 / year
Salary Range: $44,615 - $55,923
Accounts Payable
$49,050 / year
Salary Range: $45,209 - $54,818
Property and Casualty Insurance Underwriting
| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| New England Adjustment Bureau Inc | $95,997 |
+9.6%
|
Reflects structural premiums typical of New England Adjustment Bureau Inc's large-cap national operations. |
| A1 Insurance Group of South Florida LLC | $86,230 |
-1.5%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Imperial Insurance Group of South Florida | $93,877 |
+7.2%
|
Driven by niche technical certifications required for Imperial Insurance Group of South Florida's specialized projects. |
| First Staff Benefits | $83,076 |
-5.1%
|
First Staff Benefits operates with a leaner overhead structure, impacting base wage offers. |
| Insurance Industry | $123,858 |
+41.4%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$95,997 / year
Salary Range: $84,469 - $108,550
Salem, NH
$86,230 / year
Salary Range: $75,828 - $97,563
Fort Pierce, FL
$93,877 / year
Salary Range: $82,554 - $106,209
Miami, FL
$83,076 / year
Salary Range: $73,088 - $93,930
Knoxville, TN
$90,639 / year
Salary Range: $79,741 - $102,478
Matthews, NC
$88,983 / year
Salary Range: $78,293 - $100,612
Raleigh, NC
$86,430 / year
Salary Range: $76,039 - $97,722
Statesville, NC
$86,536 / year
Salary Range: $76,131 - $97,844
Winston Salem, NC
$89,099 / year
Salary Range: $78,394 - $100,734
Fuquay Varina, NC
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $900 - $1,400+ | A significant portion of The Colonial Group Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (GTA monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $650+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,150 - $3,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The Colonial Group Inc pays its employees an average of $87,580 per year. The average salary at The Colonial Group Inc range from $77,056 to $99,027 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
The salary at The Colonial Group Inc is lesser than its peer company. The average annual salary at The Colonial Group Inc is $87,580, or an hourly wage of $42, in comparison to New England Adjustment Bureau Inc which pays $95,997 per year or $46 per hour.
The higher-paying job at The Colonial Group Inc, according to our data, include President & Chief Executive Officer (avg. $677,946 per year), Sales Director (avg. $160,570 per year), and Manager, Compliance (avg. $103,070 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at The Colonial Group Inc is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at The Colonial Group Inc vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Greensboro section provides more context.
The Colonial Group Inc typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at The Colonial Group Inc" section on this page.
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