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Farmers Insurance Agency - Seed/Acquisition Opportunities

Farmers Insurance • Albuquerque, NM

Posted 20 days ago

Job Snapshot

Full-Time
Experience - None
Degree - High School
$50,000.00 - $250,000.00 /Year
Insurance, Sales - Marketing, Accounting - Finance
Finance, Management, Sales

Job Competition

15

Applicants

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Job Description


Job Description:

Farmers is interested in entrepreneurial-minded individuals who want be their own boss and run a business with unlimited earning potential. At Farmers, we give you a unique opportunity to "Build or Buy" an agency. We also have the award winning University of Farmers to help train and support you and your staff. There are great benefits to becoming a Farmers agency owner including ongoing commissions for every active policy. Farmers has introduced a two new entry points for new agency owners to take over an existing book of business ( Acquisition & Seed Program )

***In order to qualify for either program, the candidate MUST be capitalized***

  • Minimum of $50,000.  This can come from Liquid Assets, Available Lines of Credit, and up to half of your retirement package.

Acquisition Program

 

The Agency Acquisitions program provides lucrative financial incentives to capitalized external candidates that purchase the service and commission rights from existing Farmers Agents. The candidate receives the full service commissions upon acquisition.  This is a purchase directly from a prior agent.

The Candidate

  • Proven background in the business environment; either managing or building, etc.
  • The desire to build and grown an existing business
  • Decisions made with ROI and cash flow in mind

Performance

  • The motivation to work hard and take risks to achieve financial success
  • Willing and able to make investments into business opportunities for future gain
  • The willingness to accept responsibility for personal success and failures

Seed Program:


The Seed program is a unique and powerful succession planning tool that provides you the ability to transfer full commission rights of existing policies to qualified external candidates with the ability to earn full commission rights. The candidate receives the benefit of immediate revenue without the cost of acquisition.  This is an opportunity where Farmers gives you a book of business.

The Candidate

  • Proven background in the business environment; either managing or building, etc.
  • The desire to build and grow a residual income business opportunity

Self-Motivation and Independence

  • Effective time-management skills and self-reliance to accomplish goals
  • The ability to identify and focus on priorities

The Benefits


Earning Full Commission Rights

  • Immediate ability to cross sell policies and earn full commission right

Office Start-up Bonus Program

  • Up to $10,000 bonus to reimburse office startup expenses

Requirements


The qualified Insurance Sales Agent candidate will have at least a high school diploma, although a college degree is preferred.

The ideal Farmers Agent will also have:
• Sales and/or customer service experience
• Excellent communication skills both written and verbal
• Entrepreneurial spirit with a fearless and positive attitude
• Self-motivation and goal-orientation
• Strong organizational, time management and follow-through skills
• Desire to continually learn new products and services
• Desire to be active in the community
• Good credit history with no bankruptcies for the past 3 years.
• A favorable criminal record - no Felonies

Licensing Requirements

  • Obtain Property & Casualty License
  • Obtain Life & Health License
  • Obtain Series 6 License
  • Obtain Series 63 License

Job Requirements



  • High School degree
  • Satisfactory Background check
  • Capital requirement
  •    
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