Business Development Associate
Gary Edmonds District - Farmers Insurance
About the Role
Farmers Insurance District 52 is seeking motivated individuals for its Protégé Program, a professional development opportunity designed to prepare the next generation of business owners. This role offers a path to owning and operating your own business.
Compensation
- Base Salary + Commission + Bonus Opportunities (1st year $60,000 -$100,000 OTE)
Key Responsibilities
During the Protégé Program, you will work alongside an established agency owner while developing the skills needed to pursue business ownership. Your responsibilities will include:
- Building relationships with prospective clients and local businesses.
- Identifying opportunities and presenting insurance solutions.
- Learning sales, marketing, and customer acquisition strategies.
- Developing professional communication and leadership skills.
- Gaining hands-on experience in agency operations and business development.
- Working toward performance and licensing milestones necessary for potential agency ownership.
Benefits of the Opportunity
- Path to Business Ownership: Structured development program designed to prepare you for agency ownership.
- One-on-One Mentorship: Learn directly from experienced agency owners and business leaders.
- Hands-On Business Experience: Gain real-world experience in sales, marketing, customer acquisition, and business operations.
- Professional Development: Receive training, coaching, and ongoing support to accelerate your career.
- No Experience Necessary: Guidance and resources provided to get started.
Bigger Opportunity: Become a Business Owner
Successful participants may qualify for the opportunity to own and operate a Farmers Insurance agency. This includes:
- Be Your Own Boss: Take control of your career.
- Unlock Exceptional Income Potential: Build income through commissions, renewal revenue, and performance-based bonus opportunities.
- Access Multiple Insurance Carriers: Offer a broad range of insurance solutions through Farmers and available brokerage relationships.
- Start Without Franchise Fees: Pursue business ownership without traditional franchise fees.
- Build Your Own Team: Recruit, hire, and lead employees.
- Create a Valuable Business Asset: Develop a book of business with potential for long-term value.
- Receive Ongoing Support: Access resources, training, and business coaching.
Qualifications
- Ambitious, competitive, and self-motivated.
- Entrepreneurial and interested in future business ownership.
- Confident communicators who enjoy building relationships.
- Coachable, dependable, and willing to take initiative.
- Motivated by performance-based earning opportunities.
- Excited about professional growth and leadership development.
- Must obtain necessary insurance licenses.
- No prior insurance experience is required.
Career Path
- Get Paid to Learn: Earn a base salary, commissions, and potential bonuses while gaining hands-on experience in sales, marketing, and business development.
- Develop Into a Business Leader: Work alongside experienced mentors, strengthen leadership skills, and complete the performance milestones of the Protégé Program.
- Pursue Agency Ownership: Upon successful completion of the program and satisfaction of applicable qualifications, you may have the opportunity to launch and operate your own Farmers Insurance agency.
Agency ownership is subject to qualification and approval and is not guaranteed. Compensation, bonuses, carrier access, and other opportunities are subject to applicable program terms.