Insurance Agency Owner

Company:  Farmers Insurance - Team North Star
Location: Edina
Closing Date: 07/11/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

As an Insurance Agency Owner, use your sales and networking skills to meet with clients over the phone or in person educating them on insurance products including home, auto, commercial, life, and more, growing and managing your client book of business worth cash-value.

Build and operate your insurance agency while leveraging the support, resources, and reputation of one of the nation's most respected insurance companies!

Insurance experience is not required. Farmers Insurance Group offers nationally recognized training and support.

This is a Monday-Friday position where you will manage your schedule with some evenings or weekends as required. Enjoy uncapped new business commissions, renewal commissions, bonuses, and more!

Key Responsibilities:

  • Develop and execute effective marketing and sales strategies to attract and acquire new clients. This includes networking, lead generation, and outreach efforts.
  • Conduct thorough insurance consultations with clients to understand their unique needs and provide tailored insurance solutions.
  • Offer a range of insurance products, including auto, home, life, business, and more, to meet the insurance requirements of clients.
  • Deliver exceptional customer service by assisting clients with policy inquiries, claims processing, and policy adjustments.
  • Ensure that your agency operates in compliance with all industry regulations and company policies.
  • Continuously grow your agency's book of business by retaining existing clients and expanding your client base through referrals and other marketing efforts. Provide leadership, training, and mentorship to your team members to ensure they deliver top-notch service to clients.
  • Manage the financial aspects of your agency, including budgeting, revenue tracking, and expense management.

Qualifications:

  • Prior experience in sales or insurance is a plus.
  • Current Property, Casualty, Life, and Health Insurance license or willing to obtain within 60 days paid by Farmers Insurance Group.
  • Entrepreneurial spirit and a strong drive to succeed.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Strong organizational and time-management skills.
  • A passion for helping people protect their assets and achieve financial security.
  • Bachelor's degree preferred but not required.

Benefits:

  • Competitive compensation, including new business and renewal commissions plus bonuses, total compensation estimated $150,000.00 - $180,000.00 in the first year.
  • Sign-on Bonus, $5,000.00 to open your office, plus marketing bonuses.
  • Ongoing training and development opportunities.
  • Marketing and advertising support from Farmers Insurance.
  • Access to a wide range of insurance products.
  • Potential for long-term career growth and business ownership.

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Farmers Insurance - Team North Star
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