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Farmers Insurance

Farmers Insurance Agent - Agency Owner at Farmers Insurance

Farmers Insurance Birmingham, AL $250,000 - $500,000/year

Job Description

Location: Birmingham, AL (Multiple Alabama Markets Available)

Type: Independent Contractor / Business Owner

Are you ready to be your own boss, control your income, and build something that's truly yours?
Farmers Insurance is looking for driven, entrepreneurial leaders to own and operate their own Retail Insurance Agency. This is your chance to create a business with unlimited earning potential and the full backing of one of America's most trusted brands.

Why Build Your Agency with Farmers
  • Freedom of Time - Set your own schedule and take control of your work-life balance.

  • Unlimited Income Potential - You decide how far you go. Top performers earn $250K-$500K+ annually.

  • Ownership & Equity - Build a business with real value. Many agencies resell for 2-4 annual earnings.

  • Diverse Product Access - Offer solutions from Farmers plus 40+ additional carriers through Kraft Lake & Choice.

  • Startup Incentives - Receive bonuses and financial support during your first 3 years to fuel your growth.

  • Financial Services Expansion - Add life, annuity, and investment products with a new RIA platform launching soon.

  • Relationship-Driven - Work with the clients and communities you choose.

Earning Potential
  • Average Established Agents: $100K-$150K annually

  • Top Performers: $250K-$500K+ annually

  • Exit Value: sell service and commission rights on the open market

This is not just another job - it's a path to long-term wealth, independence, and legacy.

What You'll Need to Succeed
  • Capital: Minimum $30K cash (ideally $100K+ to accelerate growth)

  • Licensing: P&C and Life & Health preferred; securities licenses a plus

  • Experience: Strong background in sales, leadership, or business ownership

Take Control of Your Future

If you're a motivated professional ready to build a business, not just work for one, this is your opportunity to make it happen. Farmers Insurance provides the brand, support, and tools - you bring the drive to succeed.

Apply today to learn more about launching your Farmers Insurance Agency in Alabama.

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$250k - $500k beats the market for Insurance Sales Agents nationally

National salary averages
$250k - $500k
↑ 521% vs typical mid-level
Entry
Mid
Senior
This job
$36k Market range (10th-90th percentile) $136k

Top performers earn significantly more—skill and negotiation matter.

Senior roles pay 100% more than entry—experience is well rewarded.

This is a strong offer—weigh total comp and growth potential.

Strong candidate leverage

High demand and responsive wages. Negotiate confidently on all fronts.

Hiring leverage
Lean candidate
Wage leverage
Strong
Mobility
High mobility

Who this leverage applies to

Stronger for: Specialists with niche skills, All experience levels
Weaker for: Generalists

Where to negotiate

Base salary
Sign-on bonus
Title / level
Remote flexibility
Scope & responsibility
Start date / PTO

Likely Possible Unlikely

Use competing offers and timing to your advantage.

Does this path compound?

Job Growth →
High churn
Growth, flat pay
🚀 Compound
Growth + pay upside
⚠️ Plateau
Limited growth
Specialize
Experts earn more
Pay Upside →
Expertise pays off

Limited new roles, but specialists earn significantly more.

+4%
10yr growth
Typical: High school diploma or equivalent

Openings come from turnover, not new growth. Differentiate to advance.

Labor data: BLS 2024