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Retail Agency Owner

Farmers Insurance

This is a Full-time position in College Station, TX posted July 16, 2021.

Job Description Agency Owner – Retail Program – Farmers InsuranceDo you have an entrepreneurial spirit or past experience in running your own business? Do you enjoy building relationships? Are you a driven professional looking to reap the rewards of your effort?I am looking for a successful, business-minded individual with a strong desire for personal growth, career fulfillment, and financial success to become a Farmers Insurance Agent. If you are a talented individual that meets our criteria and who is willing to strive to serve the insurance and financial service needs of our valued customers, we have the tools and resources to help you become a successful agency owner. Owning an agency is similar to having a franchise, however, there are NO franchise, sign-on, or royalty fees ever paid to the Farmers company. Proof of having $50,000 in liquid assets will need to be provided to show that you have investible capital available. However, Farmers will not take possession of any of your capital and these funds will remain in your control should you need to use them to cover any operational expenses such as extra marketing materials, a laptop, signage, or other startup costs you might want to use to invest into YOUR business. Note: You will be given $10,000 for office start up costs and $5,000 for Marketing costs within your first 60 days whether you use it for your office or not.As a Farmers Agency Owner you’ll join a group of business owners representing a Fortune 500 organization. This program is designed for business-minded candidates with experience in the insurance or sales industry who are looking for a proven business model that maximizes cash flow and residual income opportunities while providing the financial support to grow rapidly. This individual will become a trusted advisor in their community, inspiring the dreams of their customers by helping them protect what matters most. Running your own business can be intimidating, but with support from the Farmers family and District 31, it doesn’t have to be. Our award-winning training at the University of Farmers®, the experienced business coaching of our local district managers, financial support options, and a nationally recognized brand are available to help you succeed. Our program is designed to provide you the freedom to earn while you learn and develop into your insurance career. We have seen people from all backgrounds do very well in this industry and a large portion of that is due to the training and assistance we provide. You are in control of all the aspects of the business, you work your own hours and all with our help and guidance. There has never been an opportunity like this in the past. We help you build YOUR BUSINESS and turn your dreams into reality. Why not work towards a legacy (income) that you will be able to pass down to your children, grandchildren and future generations one day?Some of the benefits Farmers Agents enjoy:Average results in year one typically produce revenue in the range of $240K-$290K and bonuses over the three year program are commonly in the range of $400K- $525KMonetary Bonuses for Veterans, Active Duty or Bilingual CandidatesMonthly new business bonuses, Annual new business bonuses, Marketing expense reimbursement, $10,000 Office Start Up Bonus, $5,000 Lead Generation Bonus, and an enhanced commission structure for the first 3 years that begins at an additional 30.45%, on top of our standard commission ratesExtensive training, mentoring and support from our District OfficeContinue your present job while trainingGreat commission structure with residual income, bonuses, luxury trips, and awardsResidual Income – every time you write a policy you get paid commission on that policy, and every time it renews (6 months or a year) you get paid AGAIN and AGAINMarket however you wish: no requirement to Cold CallFlexible hours, control of your time & no working holidaysGroup health, vision and dental benefit plans availableBusiness Ownership perks including owning your own business, creating your own hours, tax write offs, flexibility, etc.Can obtain insurance license in as little as 1-2 weeksAbility to sell book of business on the open market for an average of 1.5 times its valueContinual Professional Development in Sales, Product, Marketing and Customer ServiceAbility to pass on your business legacy to a loved oneJob Requirements:Excellent communication skillsGood at building relationshipsNo bankruptcies within the last 12 months.Credit Review: (Credit Score does not matter). Only requirement is that there are no negligent accounts on your credit history.Favorable criminal record with no feloniesBe willing to obtain Insurance licenseSeasoned liquid assets (amount varies per entry program)Provide excellent customer service to policyholdersEducate customers on their plan optionsPreferred Candidates might have experience in:InsuranceBusiness OwnershipRealtySalesMiddle ManagementResponsibilities:The primary responsibility of the position is to drive and grow new business revenue. You’ll manage client relationships to ensure that your clients’ needs and requirements are met. This will require you to serve as their advocate within Farmers to provide them with a comprehensive portfolio of insurance solutions and options. Other exciting and fulfilling responsibilities include:Developing base for long-term sources of clients by using our proven marketing systems, referrals, occupational, and special-interest groups to compile lists of prospects.Determining clients’ needs and financial situations by scheduling fact-finding appointments; determining extent of present insurance coverage and investments; ascertaining long-term goals.Developing a coordinated protection plan by calculating and quoting rates for immediate coverage action and long-term strategy implementation.Enhancing agency reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.Looking for opportunities to develop monetizable solutions for clients, and insuring that clients receive superior customer serviceStaying up to date on the most current products and services offered by Farmers Insurance as well as industry regulations and news.If you are looking to achieve the lifestyle you dream of, both professionally and personally, and make a difference in the lives of others, please contact Sheala Cina at (254) 531 – 0484.Company Description In 1928, two men shared a dream of providing a quality insurance product at a reasonable price. In the decades that followed we have grown and adapted to meet the changing needs of Americans. But one constant has remained: We have an unwavering commitment to uphold our founding ideals to provide industry-leading products and first-rate services to the customers we a™re privileged to serve. Farmers not only prides itself on helping you plan wisely for the unexpected, but also on helping restore order when it occurs, so you can keep moving along the road of your life plans.Today, the companies comprising the Farmers Insurance Group of Companies make up one of the country’s largest insurers of vehicles, homes and small businesses and provide a wide range of other insurance and financial services products. Farmers is proud to serve more than 10 million households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 21,000 employees.

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