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Working at Colonial Life

Zippia score 4.9

Overview

JobsRevenueLocations

Reviews

HistoryDemographicsCompetitorsCEO & Executives

Colonial Life overview

Industry
Insurance
Revenue
$960M
Headquarters
Employees
950
Founded in
1939
Website
Organization type
Private
CEO
Timothy Arnold
Social media
For 75 years, Colonial Life & Accident Insurance Company has had one mission: to help America's workers preserve and protect the vitally important things they work so hard to build. Headquartered in Columbia, South Carolina, we offer a wide range of financial protection options, helping more than 3 million people in nearly 80,000 companies. In addition to our personal benefits counseling expertise, we're a pioneer of payroll deduction and innovator of enrollment technology. Our end-to-end capabilities and commitment to going above and beyond enable us to provide unmatched customer service. With more than 10,000 sales representatives and more than 1,000 home office professionals, we're here to help during life's most challenging times.
The staff at Colonial Life come from unusually diverse demographic backgrounds. The company is 49.3% female and 37.1% ethnic minorities. Colonial Life employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 52.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Colonial Life seem to be happy. The company has great employee retention with staff members usually staying for 4.6 years.
Colonial Life is a medium insurance company with 950 employees and an annual revenue of $960.0M that is headquartered in Columbia, SC.

Colonial Life's mission statement

To find ways to help america's workers when they face unexpected events and challenging times.

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4.2/5

Colonial Life employee reviews

Based on 5 ratings

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3 positions
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Colonial Life employee reviews

Colonial Life employee reviews
4.2/5

Based on 5 ratings

Work at Colonial Life? Share your experience.
Employee reviews
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5.0
A zippia user wrote a review on Dec 2020
Pros of working at Colonial Life

Great! Everyone is very encouraging and supportive so you can meet your goals

Cons of working at Colonial Life

Honestly I do not have a single objection working there

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4.0
A zippia user wrote a review on May 2020
Pros of working at Colonial Life

Experience learned from working there

Cons of working at Colonial Life

The hours were hard on me after awhile 3am-2pm

Colonial Life benefits

Learning the things I acquired after being there for four years.

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5.0
A zippia user wrote a review on Mar 2020
Pros of working at Colonial Life

Colonial Life has a great company culture.

Cons of working at Colonial Life

I felt like I could push myself more. The work became repetitive.

Colonial Life benefits

Great office!

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The team at Colonial Life

  • The founders of Colonial Life is Edwin Averyt.
  • The key people at Colonial Life are Timothy Arnold and Edwin Averyt.
Key people
Timothy Arnold
Edwin Averyt

Colonial Life rankings

Colonial Life is ranked #9 on the Best Insurance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Colonial Life diversity

9.7
Diversity score
We calculated Colonial Life’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Colonial Life’s workforce.
Colonial Life diversity summary. Zippia estimates Colonial Life's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Colonial Life's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Colonial Life's workforce.
  • Colonial Life has 950 employees.
  • 49% of Colonial Life employees are women, while 51% are men.
  • The most common ethnicity at Colonial Life is White (63%).
  • 15% of Colonial Life employees are Black or African American.
  • 13% of Colonial Life employees are Hispanic or Latino.
  • The average employee at Colonial Life makes $49,867 per year.
  • Colonial Life employees are most likely to be members of the republican party.
  • Employees at Colonial Life stay with the company for 4.6 years on average.

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Colonial Life office locations

Colonial Life is headquartered in Columbia, SC

Colonial Life financial performance

9.8
Performance score

Highest paying Colonial Life competitors

Compare Colonial Life salaries to competitors, including Legg Mason, Federal Deposit Insurance, and The Vanguard Group. Employees at Legg Mason earn the highest average yearly salary of $84,387. The salaries at Federal Deposit Insurance average $71,995 per year, and the salaries at The Vanguard Group come in at $71,689 per year.
RankCompanyAverage salaryJobs
1$84,3870
2$71,9950
3$71,6890
4$69,4340
5$65,8980
6$64,4650
7$62,1750
8$62,0060
9$59,6090
10$59,4320
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Colonial Life, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Colonial Life. The employee data is based on information from people who have self-reported their past or current employments at Colonial Life. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Colonial Life. The data presented on this page does not represent the view of Colonial Life and its employees or that of Zippia.

    Colonial Life may also be known as or be related to Colonial Life, Colonial Life & Accident Insurance ..., Colonial Life & Accident Insurance Co. and Colonial Life & Accident Insurance Company.