Agency Owner

AAA-The Auto Club Group; Durham (NC); On-site; USD 120,000 - 350,000; Full time

Benefits offered by this job

Launch Bonus

Marketing/lead generation reimburse- m

100% agency equity from day 1

Job summary

AAA - The Auto Club Group is seeking ambitious Entrepreneurial Agency Owners to join our team. This opportunity offers 100% economic interest from day one and a generous incentive-based compensation plan. This is a high-ownership, growth-focused role in the Durham area supporting AAA members.

You'll build and run a compliant AAA-branded agency, selling auto, home, life insurance and AAA memberships. Startup capital guidance includes a $75K investable amount, with access to lead programs and

Qualifications

• Agency ownership requires entrepreneurial mindset and business acumen.

Responsibilities

• Own and grow an AAA-branded agency serving members and customers.
• Sell property & casualty, life, and AAA memberships along with other products.
• Meet capital and compliance requirements to launch and operate the agency.

Job description

AAA - The Auto Club Group, is seeking ambitious, business-minded, and visionary Entrepreneurial Agency Owners to join our team!

One of the Industry's BEST Compensation Packages

Earning potential is unlimited through a 100% incentive-based compensation structure. Competitive new-business and renewal commission, complemented by bonus programs (see below) which help your business growth at all stages of your agency’s development. The more you invest in your success, the more you can earn!

100% Economic interest in your agency from day 1!

Complementary lead programs linked to our membership databases!

Launch Bonus

(paid once candidate launches fully compliant AAA branded agency)

Marketing/lead generation Reimbursement

Paid to Agency Owner

First 36 months – measured on a quarterly basis

Starts in year 3 (month 25)

Strong Support Throughout the Process

• Start with a solid foundation: The EA model is designed to serve the needs of our members. There is much thought, data, and research that goes into our candidate selection, interview process, and agency location placement. We provide EAs with assistance on how to successfully launch and develop their agency into a sustainable and profitable business year over year.
• Step-by-step assistance: The core of your EA onboarding will be a detailed deployment plan providing guidance to ensure compliance with AAA protocols and standards.
• Comprehensive education: You will benefit from mixing in-person with virtual training, the program includes core business skills, sales, customer service, products and systems.
• Resources to help you grow and evolve: As your business grows, you’ll benefit from a myriad of resources to help you secure licensed staff, manage financials and cash flows, develop and modify a business plan, and access to a network of experienced EAs and other business experts. Your AAA recruiter can review specifics with you.

Agency Owner Overview

This opportunity is for self-motivated, results-driven business people interested in building a profitable, multi-line insurance agency. You’ll bring business or industry-relevant experience, and need a level of capital to ensure your agency delivers the service AAA—and our members—expect. You’ll own and grow an insurance agency that serves new and prospective AAA Members. You’ll sell property and casualty, life insurance and AAA memberships along with other products, to a well-defined and loyal client base.

Agency Owner Requirements

• Property & Casualty and Life & Health Insurance Licensing, preferred not required:
• If you don’t have them, you must be willing to obtain at candidate's expense
• Review and completion of the Business Plan/Cash flow analysis (AAA provides assistance and guidance throughout this process)
• Learning & Development requirements will be (3 weeks 100% virtual training/live instructor class)
• AAA branded office - must be approved office space
• $75K proof of investable capital – (not a franchise fee-proof of funds available for investment into your own business)
• Must be able to pass background check-criminal history and credit/financial check

Products include

AAA Membership

• You’ll offer programs for autos, bicycles, RVs and motorcycles. People value their AAA Membership for access to our trusted roadside assistance, and for the more than 126,000 opportunities to save on dining, shopping, hotels, rental cars, travel events and auto care.

Property and casualty insurance

• You’ll sell Auto, Home, Renters, Umbrella, Flood, RV, Boat, Motorcycle, Specialty Vehicles and Commercial Lines. Because we always strive to do what’s right for our members, you’ll also have access to brokered products from multiple, national and regional A rated leading carriers to help you serve a wide variety of needs. (varies by state)

Life Insurance

• You’ll sell Term, Universal Life, Whole Life and Annuities. Founded in 1969 and affiliated with AAA, AAA Life Insurance Company has an A- rating (Excellent), which is the 4th highest ranking out of 16, by A.M. Best Company as of September 2016.