Insurance Agency Entrepreneur

1 week ago


Edina, Minnesota, United States Farmers Insurance Full time

As an Insurance Agency Owner, you will leverage your sales and networking skills to educate clients on insurance products, including home, auto, commercial, life, and more. You will grow and manage your client book of business, worth cash-value.


With the support of Farmers Insurance, you will build and operate your own insurance agency, utilizing nationally recognized training and resources.


No prior insurance experience is required, as Farmers Insurance offers comprehensive training and development opportunities.


This is a Monday-Friday position, with some evenings or weekends required. You will enjoy uncapped new business commissions, renewal commissions, bonuses, and more.


Key Responsibilities:

  • Develop and execute effective marketing and sales strategies to attract and acquire new clients.
  • Conduct thorough insurance consultations with clients to understand their unique needs and provide tailored insurance solutions.
  • Offer a range of insurance products to meet the insurance requirements of clients.
  • Deliver exceptional customer service by assisting clients with policy inquiries, claims processing, and policy adjustments.
  • Ensure compliance with industry regulations and company policies.
  • Grow your agency's book of business by retaining existing clients and expanding your client base through referrals and other marketing efforts.
  • Manage the financial aspects of your agency, including budgeting, revenue tracking, and expense management.

Qualifications:

  • Prior sales or insurance experience is a plus.
  • Current Property, Casualty, Life, and Health Insurance license or willingness to obtain within 60 days, paid by Farmers Insurance.
  • Entrepreneurial spirit and a strong drive to succeed.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Strong organizational and time-management skills.
  • A passion for helping people protect their assets and achieve financial security.
  • Bachelor's degree preferred but not required.

Benefits:

  • Competitive compensation, including new business and renewal commissions, plus bonuses, estimated $150,000 to $180,000 in the first year.
  • Sign-on Bonus, $5,000 to open your office, plus marketing bonuses.
  • Ongoing training and development opportunities.
  • Marketing and advertising support from Farmers Insurance.
  • Access to a wide range of insurance products.
  • Potential for long-term career growth and business ownership.

Farmers Insurance has been a leader in the insurance industry since 1928, providing insurance for home, auto, business, recreational, life, and financial services to over 6 million households, generating approximately $18 billion in annual written premium.


Join Farmers Team North Star, an insurance leader and Fortune 500 company, located in Edina, MN.



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