• Farmers Insurance Business Ownership Opportunity

    Farmers Insurance Tysons Corner
    Job Description

    RETAIL PROGRAM
    The 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 Process
    Capital Requirement 
    •Minimum of $50,000, $60,000, or $70,000 based on prospective office location
    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 time of full-time appointment
    •Fully equipped and compliant with Farmers® brand standards within four months of full-time appointment
    Agency Staff
    •Minimum of one licensed and appointed agency staff member at full-time appointment
    The Benefits
    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  
    Agency Start-Up Bonus
    •$10,000 bonus for establishment of branded office location within a specified time period after appointment
    Monthly Marketing Bonus
    •$300 per month if bonus qualification goals are met
    Monthly Bonus Based on Net NB Commissions
    •Bonus opportunity based on applicable monthly net new business commissions and applicable production for up to three years 
    •Bonuses based on Life and Commercial commissions subject to specified maximum amounts
    Annual Bonus Based on Net NB Commissions
    •Bonus opportunity based on applicable 12-month net new business commissions and applicable production for up to three years
    •Bonuses based on Life and Commercial commissions subject to specified maximum amounts
    Bonus Based on Reserve or Associate Program Net NB Commissions
    •One-time bonus based on net new business commissions while on the Reserve Agent Program or Associate Agent Program
    •Bonuses paid on Life and Commercial premiums subject to specified maximum amounts
    Referral Bonus
    Farmers also has a robust referral program that could put up to $5,000 in your pocket when referring a candidate.
    For additional information please contact the following Farmers Recruiters:
    Duane Crupper, Senior Recruiter Specialist
    Cell Phone: 571-352-2083
    Duane.crupper@farmersinsurance.com
    Ketem Embaie, Senior Recruiter Specialist
    Cell Phone: 677-701-5611
    Ketem.Embaie@farmersinsurance.com
     
     
    Contact Information
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