Principal Agency Owner

Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.

Responsibilities

We are rapidly growing operations in West Michigan and offering a lucrative pathway into one of the most profitable industries in the U.S. You can realistically earn $100k of revenue in your first year.

Best part is that you do NOT need any insurance experience. We will provide the tools, training, resources, and environment required to become a highly successful Agency Owner.

You will be given $48,000 of start-up funds and a $10,000 Business Accelerator Fund to expedite the growth of your book of business. We will provide you with full infrastructure to start including a professional office space and a Customer Service Representative on-site for the first years in business with the opportunity to extend.

You will join a team of business owners representing a Michigan-owned and operated company with a business model that maximizes cash flow and residual income opportunities while providing the financial support to grow rapidly. You will become a trusted advisor in your community, inspiring the dreams of your clients by helping them protect what matters most. You will be in business for yourself, but not by yourself with business and peer coaching from successful agents and managing partners. Our New Agent Development program is designed to provide you the freedom to earn while you learn and develop into your career. We have seen people from all backgrounds do very well in this industry and a large portion of that is due to the training and assistance we provide. You are in control of all the aspects of the business, you work your own hours and all with our help and guidance.

Build your dream or someone will hire to you to build theirs. We help you build YOUR BUSINESS and turn your dreams into reality. Don't just settle for a career. Build a legacy.

Average Commission Levels:

0-3 Years - $111,324

4-6 Years - $267,986

7-9 Years - $310,5519

10 Years - $383,498

The benefits of being a Farm Bureau Agency Owner:

• Marketing expense reimbursement, $48,000 Start Up Fund, $10,000 Business Accelerator Fun, and an enhanced commission structure for the first 5 years on top of our standard commission rates
• Extensive training, mentoring and support from our regional team
• Great commission structure with residual income, bonuses, luxury trips, and awards
• Residual Income – every time you write a policy you get paid commission on that policy, and every time it renews (6 months or a year) you get paid AGAIN and AGAIN
• Market at your discretion. No requirements for prospecting
• Flexible hours, ultimate control of your time
• Group health, vision and dental benefit plans available
• Business Ownership perks including owning your own business, creating your own hours, tax write offs, flexibility, etc.
• Complete book of business ownership with ability to sell on the open market for an average of 1.5 times its value
• Continual Professional Development in Sales, Product, Marketing and Customer Service
• Build a legacy

JOB REQUIREMENTS:

• Must be a resident of Michigan
• Leadership, Management, and Sales skills
• Financial and Analytical skills
• Excellent written and verbal communication skills
• Ability to develop and maintain relationships with clients and the community
• Knowledge of the insurance industry and relevant regulations
• Proven track record of success in managing a team and achieving sales targets
• Experience in the insurance industry is preferred but not required
• You will need to earn a professional insurance license in Life and Health insurance
• You will need to earn a professional insurance license in Property & Casualty insurance