What are the responsibilities and job description for the Retail Insurance Agency Owner - Farmers Insurance Virginia District 61 position at Farmers Insurance - District 61?
Own an Insurance Agency. Build Real Equity.
Farmers Insurance District 61 is seeking capital-qualified entrepreneurs and insurance professionals to launch and own their own retail agency not an employee role, a business ownership opportunity.
As an Agency Owner, you own your book of business, including the rights to commissions and renewals on every policy you write. You'll be backed by a Fortune 500 brand, full district-level training, and ongoing mentorship as you build.
What You Get
- True ownership of your agency and its commissions/renewals
- Full business development onboarding, sales, and operations training
- Ongoing mentorship from experienced district leadership
- Access to Broker Solutions to expand your product offerings
- Unlimited income potential no salary cap
Ideal Candidate
- Background in insurance, financial services, or entrepreneurship/business ownership
- P&C and Life/Health/Annuities licensed, or willing to obtain (district office support provided)
- Strong leader, self-starter, comfortable managing a P&L and a team
Ready to trade a paycheck for equity? Apply today to learn more about becoming a Farmers Insurance Agency Owner with District 61.
Benefits
Annual Base Salary Commission Bonus Opportunities
Flexible Schedule
Parental Leave
Hands on Training
Responsibilities
- Establish, staff, and operate a retail Farmers Insurance agency within the state of Virginia
- Develop and execute a local sales and marketing strategy to grow new business
- Build and maintain client relationships across auto, home, life, business, and specialty lines
- Recruit, train, and manage agency staff and producers as the book of business grows
- Oversee agency operations, budgeting, and compliance with carrier and regulatory standards
- Partner with the District 61 support team on training, growth planning, and best practices
- Stay current on insurance products, industry trends, and regulatory requirements
Requirements
- Minimum $100,000 in accessible liquid capital to fund agency startup and operations (these funds are not paid to Farmers Insurance, they serve as confirmation of the financial readiness to launch and sustain a small business)
- Insurance industry experience and/or entrepreneurial/business ownership experience preferred
- Current Property & Casualty and Life, Health & Annuities licenses, or willingness/ability to obtain prior to launch (district support available)
- Strong negotiation, communication, and interpersonal skills
- Proven ability to lead a team and manage a business independently
- Proficiency in MS Office Suite
- Commitment to continuous professional development
Farmers Insurance is committed to fostering an inclusive, collaborative environment where agency owners have the resources and mentorship to build lasting, successful businesses.
Salary : $100,000 - $200,000