Posting ID : A1068469094
Date Posted : 2015-08-18
Category : Sales
Farmers Insurance is expanding in your area and our District Office is currently interviewing for a limited number of openings. Our District Office is the 3rd largest in all of Farmers, was awarded all three achievement clubs (Presidents Council, Championship, Topper Club), and partners with agency located in and around all of Portland. We are looking for candidates that have limited to no background in the field of insurance but possess the desired talents and attributes to develop into a great agency owner. Farmers Insurance will assist candidates in obtaining any required insurance licenses . This is an opportunity to build a business with future residual income. Agents are provided a financial backing program in the form of subsidy for 3 years in addition to new business and residual commissions. This has been Farmers Insurance primary entry point for 15,000 agents over 85 years. Agents build their business while working out of the district operation until the revenue supports a fully staffed agency and retail location within the community. Insurance and business ownership might be new to you but it is not at all to us! BUSINESS DEVELOPMENT
When you join the Farmers family, you'll get access to an extensive support network. That includes district managers, recruiting, managers, training teams, business consultants, product specialist, and experienced agency owners who are all dedicated to your success. Our team will be there for you and your agency staff every step of the way. It is all part of our extensive support network, designed to help you be successful with Farmers.
Farmers training programs are the best in the business. In 2014 Farmers was inducted into Training magazine Top 10 Hall of Fame after being ranked No. 4 in 2013, No. 2 in 2012, No. 1 in 2011, No. 6 in 2010. Farmers have developed a robust process to identify and enhance learning professional capabilities around performance consulting, learning strategy development, design, and deliver. The structure and developmental resources that exist are aligned with and support the achievement of the organizational business and agency owners' goals. FINANCIAL SNAPSHOT
Agents are provided a financial backing program in the form of a subsidy loan for the first 3 years. Subsidy is paid to the agent in addition to new business and residual commissions. This allows the agent to generate enough revenue to grow a business and take home a reasonable income.
First year agents typically will earn between $50,000 and $100,000. In addition Farmers offers financial incentives for multicultural and military veterans. All agency owners are eligible to earn quarterly life bonuses and after successful completion of the Traditional Agency program an agency growth model bonus to reward the agents who are doing the right things in their business. Months 1-6: $2,500 a month in addition to all net commissions earned Months 7-9: 150% of New Business commissions up to $2,000 Months 10-12: 125% of New Business commissions up to $2,000 Months 13-24: 100% of New Business commissions up to $2,000 Months 25-36: 75% of New Business commissions up to $2,000 ***Become a Registered Representative within the first 12 months and earn an additional $6,000*** Run To Daylight (RTD) Annual Subsidy Bonus ***NEW AS OF JULY 2015*** Year 1 - $7,500 if RTD achieved Year 2 - $6,000 if RTD achieved Year 3 - $4,500 if RTD achieved Diamond Level - Achieve this level of production and earn up to an additional $750 per month (max $6,000) starting in month 13 for costs associated with rent related to an approved office. ADDITIONAL BENEFITS Health, Dental & Vision Plans Life Insurance Long-term Disability Retirement Options & Family Takeovers Awards, Recognition and Various Sales Bonuses Luxury Trips Continual Professional Development in Sales, Product, Marketing and Customer Service AGENT REQUIREMENTS As a Farmers Insurance agent, you must have strong organizational and time-management skills as well as exceptional interpersonal communication abilities. We are seeking individuals from any background who are willing to work hard and commit themselves to their own success; however, experience in sales,marketing and/or customer service is very beneficial. All candidates must successfully pass the Farmers Insurance Application/Background Check: College experience, a plus Favorable credit history with no debts in collections totaling more than $1,000 No bankruptcies or excessive charge offs within the last 12 months Favorable criminal record No felony convictions Valid state issued driver's license