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Agency Owner - Acquisition
| Hours | Full-time, Part-time |
|---|---|
| Location | Mesa, Arizona |
About this job
Job Description
AGENCY ACQUISITION PROGRAM
The Agency Acquisition program provides financial incentives to capitalized external candidates who purchase an existing Farmers insurance agency.
Benefits
Annual Base Salary + Commission + Bonus Opportunities
Mon-Fri Schedule
Responsibilities
The Process:
Capital Requirements:
- Minimum of $50,000 in seasoned investable assets in addition to the cost of acquisition
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 120 days of full-time appointment
Agency Staff
- Minimum of one licensed and appointed agency staff member*The Benefits
Requirements
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
Office Start-Up Bonus*
- $5,000 bonus for the establishment of branded office location within a specified time period after full-time appointment
Monthly New Business Premium Bonus*
- Bonus opportunity based on applicable monthly new business Agent Eligible Premium for up to three years??? Monthly bonus paid on Life and Commercial premiums subject to specified maximum amounts
*Only applicable to agency acquisitions involving less than 1,000 P&C policies in force
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