Job Description
Job Description
The Retail program is crafted for passionate entrepreneurs aspiring to become agency owners. It offers vital support that empowers you to expand your business with customized resources, comprehensive training, and expert guidance, helping you shine in agency ownership and succeed in a competitive landscape.
Requirements
Capital Requirement
Background Check
Satisfactory results of background checkLicensing and Training
Property, Casualty, Life, and Health licenses prior to full-time appointmentUniversity of Farmers® training programBranded Office Location
Office location at time of full-time appointmentFully equipped and compliant with Farmers® brand standardsAgency Staff
Minimum of two licensed and appointed agency staff members at full-time appointmentBenefits
Economic Interest
Contract Value according to the terms of the appointment agreementSale of Service and Commission Rights
Opportunity to sell service and commission rightsExterior Branding Bonus
Provides initial exterior branding for approved office location up to a $6,000 maximum possible bonus amountSigning Bonus
$5,000 bonus following full-time appointmentBonus Based on Reserve Program Net NB Commissions
One-time bonus based on applicable net new business commissions while on the Reserve Agent ProgramBonus paid subject to specified maximum amountMonthly Lead Opportunity Program
Up to $500 per month in Agency Growth Program lead opportunity credits if program qualification goals are metMonthly Bonus Based on Net NB Commissions
Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three yearsBonuses based on Life and Commercial commissions are subject to specified maximum amountsAnnual Bonus Based on Net NB Commissions
Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three yearsBonuses based on Life and Commercial commissions are subject to specified maximum amounts