Retail Insurance Agent
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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.
RequirementsCapital 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
Automate your job search with Sonara.
Submit 10x as many applications with less effort than one manual application.