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Agency Owner - Retail

Company: Farmers Insurance
Location: Broken Arrow
Posted on: October 11, 2019

Job Description:

RETAIL PROGRAMThe Retail program is designed to attract capitalized entrepreneurs seeking a start-up opportunity that offers financial support to help the agency owner build their business.The ProcessAssets

  • Minimum of $50,000 in seasoned investable assetsBackground Check
    • Satisfactory results of background checkLicensing and Training
      • Property, Casualty, Life and Health licenses prior to agent appointment
      • Training program through the University of FarmersBranded Office Location
        • Office location fully equipped and compliant with Farmers brand standards at time of full-time appointmentAgency Staff
          • Minimum of one licensed and appointed agency staff member (with second licensed and appointed agency staff member required within six months of full-time appointment)The BenefitsEconomic 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
              • $10,000 bonus for establishment of branded office location within a specified time period after appointmentLead Generation Bonus
                • Up to $5,000 bonus for Lead Generation expensesMonthly New Business Premium Bonus
                  • Bonus opportunity based on applicable monthly new business Agent Eligible Premium for up to three years
                  • Monthly bonuses paid on Life and Commercial premiums subject to specified maximum amountsAnnual New Business Premium Bonus
                    • Bonus opportunity based on applicable 12-month new business Agent Eligible Premium for up to three years
                    • Annual bonuses paid on Life and Commercial premiums subject to specified maximum amountsPM19

Keywords: Farmers Insurance, Broken Arrow , Agency Owner - Retail, Hospitality & Tourism , Broken Arrow, Oklahoma

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