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Retail Insurance Agent

$100k

Farmers Insurance District 79

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.

Requirements

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

Benefits

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
Vacancy posted 2 days ago
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