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Insurance Agency Ownership Opportunity

Insurance Agency Ownership Opportunity

Farmers Insurance - District 13Makati
30+ days ago
Job type
  • Full-time
Job description

Are you in a sales role, but looking for more income or more control of your future? or

Are you working in Insurance and ready to take the next step to become an Agency Owner?

We have opportunities to take over an up and running insurance agency as well as limited territories remaining for our 300% Bonus Agency Start-Up Program - Lock yours in Today!

The Benefits

Here are some benefits Farmers Agents enjoy :

  • Lead Generation & Marketing Expense Reimbursement!
  • Extensive Training, Mentoring and Support
  • Highly competitive commission, renewal and bonus structure
  • Financial Ownership in your agency ~ build equity for retirement
  • Flexible hours, control of your time & no working holidays
  • Group health and dental benefit plans available

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

    • Agency Start-Up Bonus

  • 10,000 bonus for the establishment of branded office location within a specified time period after appointment

    • Monthly Marketing Bonus

  • 300 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 up to three years
  • Bonuses based on Life and Commercial commissions subject to specified maximum amounts
  • Graduation Bonus Based on Net NB Commissions
  • One-time bonus based on applicable net new business commissions and applicable production
  • Bonuses based on Life and Commercial commissions subject to specified maximum amounts
  • Bonus Based on Reserve or Associate Program Net NB Commissions
  • One-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent Program
  • Bonuses paid subject to specified maximum amounts
  • Only applicable to agency acquisitions involving less than 1,000 P&C policies in force

    • 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 the time of full-time appointment
  • Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment

    • Agency Staff

  • Minimum of one licensed and appointed agency staff member at full-time appointment

    • 2 Entry Point Opportunities