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
Numbers & Facts
Location
El Paso, Texas
Skills
Brand Marketing (Branding)unmatched
Entrepreneurshipunmatched
Insuranceunmatched
Retailunmatched
Team Lead/Managerunmatched
Training Programunmatched
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