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Insurance Agent

Farmers Insurance
Naperville, IL Contractor | Full Time
POSTED ON 3/26/2024 CLOSED ON 4/10/2024

What are the responsibilities and job description for the Insurance Agent position at Farmers Insurance?

Farmers Insurance offers two unique entry points designed for candidates that are already established professionals in the Insurance Industry.

Looking to become an Agent? Then the Retail Program is for you!

- Farmers has designed a new agency "Retail Program" that provides an extremely competitive financial and training support to accelerate the business over your first 3 years as an Agent. The Retail program also offers a lucrative compensation and bonus program over industry averages.

Initial Retail Agency Perks:

-Sign on Bonus, Financial Marketing Support, Office Branding Bonus, and a monthly/ quarterly/ yearly Retail Bonus program (for example, Year 1 = 300% commission bonus).

If Agency Ownership is too large of a leap, then consider our second open position/ entry point. The Apprentice Agent / Protege Program is the opportunity to work directly with one of our District 09 mentor Agents. This mentor Agent will work with you to grow your career in the insurance industry. This position comes with a base salary plus commissions, serving as a training position on your way to becoming a Farmers Insurance agent.

Responsibilities overview:

  • Meet new business production goals and objectives as established.
  • Develop insurance quotes, makes sales presentations, and closes sales.
  • Process customer policy change requests.
  • Maintain knowledge of new products.
  • Prospecting and generating new business through leads & referral sources.
  • Obtain prospects information such as name, address, vehicle information and enter into quote sheets.
  • Prospects for new business by following sales leads generated from referrals, networking, marketing, cold-calling, and lead databases.
  • Assess and identify the wants and needs of your customer(s) over the phone
  • Educate clients on the insurance policies that best suit their needs

Requirements:

  • Excellent communication skills
  • Self-motivated and goal-oriented mindset
  • Ability to manage a marketing pipeline and sales funnel
  • Desire to be active in community and really help people navigate insurance needs
  • Desire to build a strong sales team to handle day to day operations
  • Background check
  • Be willing to work towards getting your Property & Casualty AND Life & Health licenses. Study material, discounts, and assistance is provided.

Benefits:

  • Brand recognition with an Fortune 500 insurance industry leader
  • Competitive commission, renewal and bonus structure
  • Wide array of Personal Lines products, Commercial Business Products, Financial Services
  • Extensive training, mentoring and sales support from our District Office and award winning University of Farmers
  • Build equity for retirement/ Contract Value
  • Create a family legacy and pass your agency on to a relative or child
  • Flexible hours, control of your time & no working holidays
  • Group health and dental benefit plans available
  • Lead generation and marketing bonuses

Job Types: Full-time, Contract

Pay: $60,000.00 - $110,000.00 per year

Benefits:

  • Flexible schedule
  • Paid time off

Supplemental pay types:

  • Bonus opportunities
  • Commission pay

Weekly day range:

  • Monday to Friday

Work setting:

  • In-person
  • Office

Application Question(s):

  • Do you have a minimum of 1-2 years direct sales experience?
  • Are you willing to take a background check as part of the screening process?

Ability to Relocate:

  • Naperville, IL: Relocate before starting work (Required)

Work Location: In person

Salary : $60,000 - $110,000

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