Retail Insurance Agent

Farmers Insurance; Town of Texas (WI); On-site; USD 50,000 - 100,000; Full time

Benefits offered by this job

Exterior branding bonus

Signing bonus

Lead opportunity credits

Bonuses for net NB commissions

Job summary

Farmers Insurance invites entrepreneurial individuals to open and run their own Retail Agent office with the strong backing and resources of a leading insurance brand.

Expect to manage an agency at full capacity, recruit staff, and leverage University of Farmers training and required licenses to build a licensed, compliant operation.

Qualifications

• Background check required and satisfactory results.
• Licenses: Property, Casualty, Life, and Health before full-time appointment.
• University of Farmers training program is required.
• Capital requirement: minimum of $100,000 to start the agency.

Responsibilities

• Manage your own Farmers Insurance agency with support from the brand.
• Lead a dynamic agency team at full-time appointment.

Skills

Entrepreneurial mindset

Leadership

Sales / customer acquisition

Education

Property, Casualty, Life, and Health licenses

University of Farmers training program

Job description

Join us as a Farmers Insurance Retail Agent, where you will have the chance to manage your own agency while benefitting from the robust support and resources of one of the country's most esteemed insurance brands. This is a fantastic entrepreneurial opportunity tailored for ambitious and motivated individuals looking to create their own business, lead a dynamic team, and pave the way for a fulfilling long-term career in the insurance sector.

Capital Requirement

• Minimum of $100,000

Background Check

• Satisfactory results of background check

Licensing and Training

• Property, Casualty, Life, and Health licenses prior to full-time agent appointment
• University of Farmers® training program

Branded Office Location

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

Agency Staff

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

Economic Interest

• Contract Value according to the terms of the appointment agreement

Sale of Service and Commission Rights

• Opportunity to sell service and commission rights

Exterior Branding Bonus

• Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount

Signing Bonus

• $5,000 bonus following full-time appointment

Bonus Based on Reserve Net NB Commissions

• One-time bonus based on applicable net new business commissions while on the Reserve Agent Program Bonus paid subject to specified maximum amount

Monthly Lead Opportunity Program

• Up to $500 per month in Agency Growth Program lead opportunity credits if program 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

• Bonuses based on Life and Commercial commissions subject to specified maximum amounts

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

• Bonuses based on Life and Commercial commissions subject to specified maximum amounts