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Agency Owner

5 months ago


Mesa, United States Jason Hagerty-District Office Full time
Job DescriptionJob Description

AGENCY ACQUISITION PROGRAM


The Agency Acquisition program provides financial incentives to capitalized external candidates who purchase an existing Farmers insurance agency.


Benefits

Annual Base Salary + Commission + Bonus Opportunities

Mon-Fri Schedule


Responsibilities

The Process:

Capital Requirements:

- Minimum of $50,000 in seasoned investable assets in addition to the cost of acquisition

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 the time of full-time appointment

- Fully equipped and compliant with Farmers brand standards within 120 days of full-time appointment

Agency Staff

- Minimum of one licensed and appointed agency staff member*The Benefits


Requirements

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

Office Start-Up Bonus*

- $5,000 bonus for the establishment of branded office location within a specified time period after full-time appointment

Monthly New Business Premium Bonus*

- Bonus opportunity based on applicable monthly new business Agent Eligible Premium for up to three years??? Monthly bonus paid on Life and Commercial premiums subject to specified maximum amounts

*Only applicable to agency acquisitions involving less than 1,000 P&C policies in force