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Startup Insurance Agency Owner

Company: Farmers Insurance
Location: White Plains
Posted on: June 11, 2020

Job Description:

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 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 Agency Staff -- Minimum of one 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 Exterior Branding Bonus -- Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amount Signing Bonus -- $7,500 bonus following full-time appointment Bonus Based on Reserve or Associate Program Net NB Commissions -- One-time bonus based on applicable net new business commissions while on the Reserve Agent Program or Associate Agent Program -- Bonuses paid subject to specified maximum amounts 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 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 three years -- Bonuses based on Life and Commercial commissions subject to specified maximum amounts WHERE DOES YOUR JOURNEY BEGIN? Contact us today to join other savvy entrepreneurs who are becoming Farmers-- Agency Owners.

Keywords: Farmers Insurance, White Plains , Startup Insurance Agency Owner, Other , White Plains, New York

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