Farmers Insurance Sales Rep. Professional
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Overview
Job Description
Are you an entrepreneur ready to build your own business with the backing of an established brand? The Retail Program with Farmers Insurance is designed for individuals who want to step into agency ownership with structured support, training, and growth opportunities.
💼 About the Opportunity
The Retail Program is built to support driven individuals in launching and growing their own insurance agency while leveraging the strength, systems, and resources of Farmers Insurance.
📋 Program Requirements
- Capital Requirement: Minimum of $100,000
- Background Check: Must meet satisfactory standards
- Licensing: Property, Casualty, Life & Health licenses required prior to full-time appointment
- Training: Completion of the University of Farmers® training program
- Office: Branded, fully equipped office location at time of appointment
- Staffing: Minimum of 2 licensed and appointed team members
💰 Compensation & Benefits
This opportunity offers multiple income streams and bonus potential designed to reward growth and performance:
- Contract Value: Build long-term economic interest in your agency
- Sellable Asset: Opportunity to sell service and commission rights
- Signing Bonus: $5,000 upon full-time appointment
- Exterior Branding Bonus: Up to $6,000 for approved office branding
- Monthly Lead Support: Up to $500/month in lead generation credits (based on qualifications)
📈 Performance-Based Bonus Opportunities
- Reserve Program Bonus: One-time bonus based on net new business commissions
- Monthly Bonuses: Based on production and net new business (up to 3 years)
- Annual Bonuses: Based on 12-month performance and growth (up to 3 years)
Additional bonus opportunities available for Life and Commercial production (subject to program maximums).
Automate your job search with Sonara.
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