Insurance Agency Owner

DISCOVER A SMARTER STARTUP. There are business opportunities and then there are Farmers business opportunities. If you are an entrepreneurial-minded individual looking to build your first business and invest in yourself, becoming a Farmers® Agency Owner is one of the most exciting startup investments you can make. With over 90 years of experience and best-in-class training, Farmers has the knowledge to help you start up an independent business you can proudly call your own.

About the Role

THE PROCESS

Capital Requirement

• Minimum of $100,000
• Satisfactory results of background check

Licensing and Training

• Property, Casualty, Life and Health licenses prior to agent appointment
• Training program through the University of Farmers®

Branded Office Location

• Office location at time of full-time appointment
• Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment

Agency Staff

• Minimum of two licensed and appointed agency staff member at full-time appointment

Responsibilities

• Sell and Solicit Farmers Products
• Actively Market in the community
• Educate clients on Insurance
• Great attitude and behavior
• Ability to build rapport with clients
• Excellent written and verbal communication skills
• Work existing leads, develop new leads, schedule appointments, identify customer needs and market appropriate products.
• Establish client relationships and provide exceptional and extraordinary service.
• Ensure that all quotes, procedures and practices are compliant with the Agency and Farmers expectations.
• Work independently and with mentoring/coaching.

Qualifications

• Possess an upbeat, positive and enthusiastic attitude.
• Proficiency to multi-task, follow-thru and follow-up.
• Confident, self-starter who works well within a team and independently.
• Must be able to Pass a Criminal and Credit Background Check

Required Skills

• Agents are eligible to participate in Farmers Insurance Group benefits package

Preferred Skills

• Build equity in your business
• Flexible Schedule
• Life Insurance (Basic, Voluntary & AD&D)
• Training & Development

Pay range and compensation package

• Agency Start-Up Bonus: $5,000 bonus for establishment of branded office location within a specified time period after appointment
• Monthly Marketing Bonus: $500 per month if bonus qualification goals are met
• Monthly Bonus Based on Net NB Commissions: Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years
• Annual Bonus Based on Net NB Commissions: Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years
• Bonus Based on Reserve or Associate Program Net NB Commissions: One-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent Program

Equal Opportunity Statement