Now Hiring - State Farm Mutual Automobile Insurance Company - Farmers Insurance Principal Agent and Owner in Foster City, CA

Full description of the position

Farmers Insurance has been a trusted name in insurance for nearly 100 years, providing a wide range of products and services to help individuals, families, and businesses protect what matters most. As a Principal Agent and Owner with Farmers Insurance, you'll become part of a legacy of excellence, joining a network of motivated entrepreneurs who have built successful businesses within their communities. At Farmers, we believe in empowering our agents with the tools, training, and resources needed to thrive. From day one, you'll have access to award-winning training through the University of Farmers, personalized business coaching, and a wide array of competitive insurance products to meet your clients' diverse needs. Whether you're experienced in insurance or just starting out, we provide a path to success with proven systems and dedicated support. This opportunity offers not only financial independence but also the chance to build your own brand within the Farmers Insurance family. You'll have the freedom to manage your own agency, create your own team, and directly impact your community by offering personalized solutions and fostering long-lasting relationships. Our ideal candidate is entrepreneurial, goal-oriented, and committed to excellence. If you are ready to take charge of your future and lead your own business with the backing of a nationally recognized and respected brand, this is the opportunity for you. Responsibilities: * Develop and execute strategies to meet new business production goals through various sales techniques, including telephone outreach, networking, and referrals * Create and present tailored insurance quotes, conduct sales presentations, and effectively close sales * Establish and maintain strong client relationships, providing exceptional service and timely follow-ups * Ensure compliance with all Farmers Insurance and Department of Insurance regulations in all quotes, procedures, and practices * Work both independently and collaboratively, utilizing mentoring and coaching resources * Manage multiple tasks efficiently, stay organized, and adhere to deadlines * Stay informed about new insurance products and industry trends to effectively meet client needs Requirements: * Active Property & Casualty license or Life & Health license (or willingness to obtain within 30 days of hire; licensing and training support provided) * Genuine willingness to learn, with an intuitive, resourceful, and coachable attitude * Upbeat, positive, and enthusiastic demeanor * Self-starter with a sense of urgency and the ability to create relationships from a cold start * Excellent communication and interpersonal skills * Ability to multitask, stay organized, and meet deadlines * 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 * Monthly sales commission * Monthly and annual production bonus structures * $5,000 startup signing bonus * $10,000 reserve agent production bonus * 300% Bonus on New Business (first 3 years) * $500 in monthly marketing allowances * Residual income structure 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. Flexible work from home options available.