Careers
In today's job market, insurance and financial services are a hot opportunity. By selling insurance and securities products, our agents are achieving an unprecedented level of personal growth, career fulfillment and financial success.
Own a Business
You'll be in business for yourself making your own day-to-day business decisions, but not by yourself – you'll have the backing, guidance and support of your district manager, your district support staff, state office, business support center personnel and Home Office management. And, you'll have the added support of nearby claims offices and a sophisticated Agency Information Management System (AIMS) and Electronic Customer Management System (E-CMS) that reach right into your office through the internet.
Farmers agents aren't employees; they're independent contractors who can conduct business on their own terms, given they comply with Farmers Companies' guidelines and normal good business practices. This independence allows Farmers agents to live their lives the way they choose, not the way someone else chooses for them.
One of the unique benefits of Farmers is its comprehensive product offering. Risk management and asset accumulation are essential in today's world. Farmers agents offer the products that ensure their customers' lives are restored to order as well as bring them closer to their future goals. Through hard work and professional dedication, our agents help to give their customers the security they deserve.
Becoming an independent member of the Farmers Team allows you to:
• Begin your career on a part-time basis while you maintain your current employment
• Be your own boss and gain independence
• Direct your own business and have “creative license”
• Gain personal achievement and career satisfaction
• Have an opportunity to create wealth
• Create job security
• Gain community stature
• Constantly be challenged
The independence you need. A career you'll love.
We provide asset protection and risk management with the following products:
Personal Insurance
• Auto
• Motorcycle
• Home
• Condominium
• Renter
• Life
• Annuities
• Personal Umbrella
Farmers Specialty Insurance
• Motorcycles
• Off-Road Vehicles
• Snowmobiles
• Mobile Homes
• Manufactured Homes
• Non-Standard Homes
• Seasonal Homes
• Landlord Properties
• Dwelling Fire
• Motor Homes
• Travel Trailers
• Yachts
• Sailboats
• Powerboats
• Ski Boats
• Bass Boats
• Personal Watercraft
Business Insurance
• Property/Casualty
• Workers' Compensation
Financial Services Products
Farmers insurance and financial services professionals are a select group of entrepreneurs. Farmers was built by agents for agents. While many companies are bypassing their agency force by direct marketing and web marketing, Farmers knows our strength lies in the relationships between our agents and our customers.
Income & Benefits
We provide our agents with a number of ways to attain their financial goals.
Agent Income
Among the nearly 500 Farmers agents in Minnesota, District 05 has one of the TOP 10 income earners in the state.
In fact, the average monthly income per full time agent with over two years experience is over $8,100.00 per MONTH for District 13-05. As a member of our team, there is no promotion to keep waiting for and no ceiling to your accomplishments . You control your own destiny with Farmers Insurance!
New Agent Financial Support
Farmers understands that growing a business takes time and money – so we give new agents a stable financial base in the form of a financial subsidy while they're developing their agencies. Agents may be eligible to receive this subsidy for their first two years as an agent. This helps pay for start-up and expansion costs and alleviates the financial strain of starting a business. Farmers seeks to reward their most dedicated agents. So, new agents can qualify to earn more than $60,000 in financial assistance. This amount is in addition to commissions earned.
New –Business Commissions
Our commission structure pays some of the industry's highest commissions.
Service Commissions (Renewals/Residuals)
As your customer base grows, so does your income because you're paid a commission to service your customer accounts as they renew with Farmers and your agency.
Contract Value
Whenever you choose to relinquish your agency, you're paid what's called a “Contract Value.” Based on the number of years as an agent, the number of active policies and your service commissions, this Contract Value can translate into a substantial monetary value.
Family Rights Provision
You even have the option to sell your agency to an approved family member, making it a business that you can pass down through GENERATIONS.
Contract Value Bonus
You can earn a deferred bonus based on the equity you've built into your agency and agency profitability.
Profitability Bonus
This bonus is based on your production and the profitability in your agency.
Life Performance Bonus
This bonus is one of the highest in the industry allowing you to earn up to 100% of your life commissions each quarter.
Benefits
The Farmers Agents' Group Benefits Program consists of many plans that, together, provide valuable coverage for you and your family. Your benefits program includes plans for medical, dental and vision; provide income if you become ill or injured and are unable to work; and provide financial security for your family in the event of your death or if you are seriously injured in an accident. Farmers shares a portion of the medical and life costs for agents. Mix and match your coverage for yourself, your spouse and/or your children.
Benefits Offered
• Medical
• Dental
• Vision
• Life/AD&D, Supplemental AD&D
• Long Term Disability
• Business Overhead Expense
• Errors and Omissions
• Fidelity Bond
• Deferred Compensation
