What are the responsibilities and job description for the Agency Owner position at Farmers Insurance Metro North District?
DISCOVER A SMARTER STARTUP. There are business opportunities and then there are Farmers business opportunities. If you are an entrepreneurial minded individual looking to build your first business and invest in yourself, becoming a Farmers® Agency Owner is one of the most exciting startup investment you can make.
With over 90 years of experience and best-in-class training, Farmers has the knowledge to help you start up an independent business you can proudly call your own.
THE PROCESS
Capital Requirement
- Minimum of $50,000
Background Check
- Satisfactory results of background check
Licensing and Training
- Property, Casualty, Life and Health licenses prior to agent appointment
- Training program through the University of Farmers®
Branded Office Location
- Office location at time of full-time appointment
- Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment
Agency Staff
- Minimum of two licensed and appointed agency staff member at full-time appointment
THE 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
Agency Start-Up Bonus
- $5,000 bonus for establishment of branded office location within a specified time period after appointment
Monthly Marketing Bonus
- $500 per month if bonus 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
Bonus Based on Reserve or Associate Program Net NB Commissions
- One-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent Program
- Bonuses paid subject to specified maximum amounts
WHERE DOES YOUR JOURNEY BEGIN?
Apply today to join other savvy entrepreneurs who are becoming Farmers Agency Owners.
Responsibilities:
- Sell and Solicit Farmers Products
- Actively Market in the community
- Educate clients on Insurance
- Great attitude and behavior
- Ability to build rapport with clients
- Strong negotiation skills
- Excellent written and verbal communication skills
- Work existing leads, develop new leads, schedule appointments, identify customer needs and market appropriate products.
- Establish client relationships and provide exceptional and extraordinary service.
- Ensure that all quotes, procedures and practices are compliant with the Agency and Farmers expectations.
- Work independently and with mentoring/coaching.
- Possess an upbeat, positive and enthusiastic attitude.
- Proficiency to multi-task, follow-thru and follow-up.
- Confident, self-starter who works well within a team and independently.
- Must be able to Pass a Criminal and Credit Background Check
- Agents are eligible to participate in Farmers Insurance Group benefits package
- Build equity in your business
- Investment Opportunities
- Flexible Schedule
- Health Care Plan (Medical, Dental & Vision)
- Life Insurance (Basic, Voluntary & AD&D)
- Training & Development
Salary : $500