Insurance Book of Business Available—Farmers Insurance

Reposted 23 Days Ago
Be an Early Applicant
Foster City, CA, USA
Hybrid
70K-165K Annually
Entry level
Agency • Insurance • Sales • Financial Services
The Role
Acquire and manage an established Farmers Insurance book of business. Build client relationships, develop tailored insurance solutions, market locally, handle agency operations, prospect for new clients, and grow agency revenue with training and corporate support.
Summary Generated by Built In

Join Farmers Insurance, a trusted name in insurance for nearly 100 years, as part of our Acquisition Agent Program, designed for motivated entrepreneurs seeking to own and grow their own insurance agency. With this program, you'll have the unique opportunity to acquire an established book of business, providing an immediate return on investment and residual income potential.

This program offers financial rewards, flexible scheduling, and comprehensive support to help you succeed as a Farmers agency owner. Whether you're an experienced professional or new to the industry, you'll have access to award-winning training, personalized coaching, and the backing of a nationally recognized brand.

If you’re ready to make a meaningful impact in your community while building a financially rewarding business, we’d love to hear from you.

Responsibilities:
  • Build and maintain strong client relationships to drive agency growth
  • Develop tailored insurance solutions to meet diverse client needs
  • Market and promote agency services within the local community
  • Manage all aspects of the agency, including customer service, operations, and marketing
  • Actively prospect for new clients through networking, referrals, and lead generation
Requirements:
  • Valid Property & Casualty and Life & Health insurance licenses (or willingness to obtain within 30 days with licensing support provided for free).
  • Strong entrepreneurial drive and commitment to achieving business goals.
  • Excellent interpersonal and communication skills.
  • Financial ability to invest in and sustain agency operations.
  • Ability to work independently, manage time effectively, and deliver exceptional client service.
  • Must pass a background check in accordance with Farmers guidelines, policies and procedures
    • The background check will cover two major areas: State, Federal and County Criminal History, and Regulatory Actions
Compensation & Benefits:
  • Flexible schedule
  • Immediate residual income from an established book of business
  • Up to $5,000 signing bonus upon full-time agency appointment
  • Monthly and annual production bonus opportunities
  • Up to $500 monthly lead program credits (upon meeting qualification goals)
  • Up to 300% bonus structure for new business production (first three years)
Opportunities Available:

Two established books of business are available for acquisition:

  • Opportunity 1
    • Annual revenue potential: $85,000$100,000
    • Purchase price: negotiable
  • Opportunity 2
    • Annual revenue potential: $75,000$90,000
    • Purchase price: negotiable
Training & Support:
  • Access to the University of Farmers®, an award-winning training platform
  • District training sessions and personalized coaching
  • Comprehensive onboarding program, including business plan development
Company Description:

As a Farmers Insurance District Office, we are ready with guidance and resources that can help you grow your business. We provide personalized support for every career stage from business plan development to advanced-level coaching. Add to that the backing of a strong national brand, and you're ready to pursue unlimited professional achievement.

Here are some ways Farmers Insurance contributes to your success:

  • The choice of building or buying an agency, plus financial support options
  • 50+ highly competitive insurance and financial services products
  • Multiple opportunities to maximize your income, including quarterly bonuses, residual programs and performance rewards
  • Ongoing training and support through the University of Farmers, one of the most awarded corporate training organizations in the world
  • Corporate sponsorship of charities and non-profit programs in your community Veterans transition program, bilingual bonuses and more

If you're ready to learn more about the rewards of working as a Farmers agent, feel free to reach out. Let's discuss your experience, business goals and entrepreneurial options.

Skills Required

  • Valid Property & Casualty and Life & Health insurance licenses or willingness to obtain within 30 days
  • Strong entrepreneurial drive and commitment to achieving business goals
  • Excellent interpersonal and communication skills
  • Financial ability to invest in and sustain agency operations
  • Ability to work independently, manage time effectively, and deliver exceptional client service
  • Must pass a background check covering state, federal and county criminal history, and regulatory actions
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The Company
Year Founded: 2003

What We Do

Frank Ramirez Insurance Agency is a Farmers Insurance District Office providing tailored insurance solutions to meet diverse client needs. The agency offers personalized support, guidance, and resources for every career stage, ranging from business plan development to advanced-level coaching. It also manages training initiatives, such as the Career Launchpad Program, to license and prepare aspiring entrepreneurs for successful insurance agency ownership.

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