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Commission Captive Insurance Agent Jobs in Minnesota

An Independent licensed insurance agent with HealthMarkets is a commission only opportunity. HealthMarkets Insurance Agency, Inc., is licensed as an insurance agency nationwide except in MA. Not all ...

Local Insurance Agent

Duluth, MN · On-site +1

$30K - $160K/yr

Grow through daily training and one-on-one mentorship Pay: * 1099 contractor; commissions only ... Guided mentorship throughout your agent journey * World class culture and leadership development

Insurance Agent

Tracy, MN · On-site

$45K/yr

The Agent's accountability includes performing and coordinating a variety of insurance operation ... May involve travel for trainings or meetings Salary Range: $45,000 annual base + commission and ...

Insurance Agent

Tracy, MN · On-site

$45K/yr

The Agent's accountability includes performing and coordinating a variety of insurance operation ... May involve travel for trainings or meetings Salary Range: $45,000 annual base + commission and ...

Insurance Agent

Slayton, MN · On-site

$45K/yr

The Agent's accountability includes performing and coordinating a variety of insurance operation ... May involve travel for trainings or meetings Salary Range: $45,000 annual base + commission and ...

Insurance Agent

Slayton, MN · On-site

$45K/yr

The Agent's accountability includes performing and coordinating a variety of insurance operation ... May involve travel for trainings or meetings Salary Range: $45,000 annual base + commission and ...

Showing results 21-40

Commission Captive Insurance Agent information

What is a commission captive insurance agent?

Commission captive insurance agents are professionals who work exclusively for one insurance company, known as a 'captive' insurer. They sell the company's insurance products and typically earn a commission based on the policies they sell, rather than a fixed salary. These agents are knowledgeable about their company's offerings and provide clients with tailored insurance solutions from their specific provider. Their deep understanding of the company's products allows them to offer expert advice, but their options are limited to what their employer offers. Working as a captive agent can offer stable support and training from the parent company.

What are the key skills and qualifications needed to thrive as a commission captive insurance agent?

To thrive as a Commission Captive Insurance Agent, strong sales abilities, deep understanding of insurance products, and appropriate state licensing are essential. Familiarity with CRM software, quoting platforms, and compliance management systems is typically required. Excellent interpersonal skills, self-motivation, and resilience help agents build trust and maintain client relationships. These skills are crucial for meeting sales targets, ensuring regulatory compliance, and sustaining long-term business growth in a competitive market.

What are some common challenges faced by commission captive insurance agents, and how can they be addressed?

Commission Captive Insurance Agents often face the challenge of building a strong client base, especially in a competitive market where trust and long-term relationships are crucial. Navigating the complexities of captive insurance products and clearly communicating their benefits compared to traditional insurance can also be demanding. To overcome these challenges, agents benefit from continuous education, active networking, and leveraging support from their agency’s training programs. Staying updated on industry trends and regulatory changes is essential for providing clients with informed guidance and maintaining credibility.

What is the difference between Commission Captive Insurance Agent vs Independent Insurance Agent?

FeatureCommission Captive Insurance AgentIndependent Insurance Agent
CredentialsLicensing varies by state, typically requires an insurance licenseSame licensing requirements as captive agents
Work EnvironmentWorks exclusively for one insurance companyRepresents multiple insurance companies
EmployerEmployed by a single insurance companySelf-employed or works for an independent agency
Industry UsageCommon in specialized or exclusive product linesWidely used across various insurance markets

In summary, a Commission Captive Insurance Agent works exclusively for one insurer, focusing on its products, while an Independent Insurance Agent offers policies from multiple insurers, providing broader options to clients.

What are the most commonly searched types of Captive Insurance Agent jobs in Minnesota?

The most popular types of Captive Insurance Agent jobs in Minnesota are:

What cities in Minnesota are hiring for Commission Captive Insurance Agent jobs?

Cities in Minnesota with the most Commission Captive Insurance Agent job openings:

Insurance Agent Apprentice

Holly Bremer Agency LLC Farmers Insurance

Rochester, MN • On-site

$40K - $80K/yr

Full-time

Re-posted 17 days ago


Job description

At Holly Bremer Farmers Insurance Agency, we are committed to protecting what matters most to our clients family, home, business, and future. As a proud part of the Farmers Insurance Group, our agency provides personalized service, trusted advice, and tailored insurance solutions to meet the needs of individuals and businesses throughout the Rochester area. We're passionate about building lasting relationships and supporting our local community.

We're looking for a motivated and outgoing Insurance Agent Apprentice to join our growing team in Rochester, MN. In this role, you'll play a vital part in driving new business through lead generation, networking, and excellent customer service. The ideal candidate is goal-oriented, personable, and thrives in a fast-paced, team-focused environment.

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Join my Career Growth Program as an Insurance Sales Agent and kickstart your career in the insurance industry! This comprehensive development program is designed to guide and support you in becoming a successful insurance professional.

Program Benefits:

  • Personalized mentorship from an experienced insurance agent
  • Comprehensive training and licensing support
  • Hands-on experience with sales, marketing, and customer service
  • Ongoing coaching and feedback
  • Opportunities for advancement and professional growth
  • Competitive commission structure and bonuses

Program Objectives:

  • Learn the fundamentals of insurance sales and service
  • Develop essential skills in communication, prospecting, and relationship-building
  • Build a strong network of industry contacts and professionals
  • Achieve licensing and certification milestones
  • Grow into a successful insurance sales agent and potential agency owner
Responsibilities
  • Complete licensing requirements and training programs
  • Assist with client meetings, sales calls, and policy servicing
  • Develop and execute business development strategies
  • Participate in regular coaching sessions and performance evaluations
  • Collaborate with colleagues to achieve team goals

Program Structure:

  • 6-12 month program duration
  • Dedicated mentorship and coaching
  • Regular progress evaluations and feedback
  • Ongoing training and professional development
Requirements
  • High school diploma or equivalent required; college degree preferred.
  • Must hold or be able to obtain a Minnesota Property Casualty and/or Life Health Insurance license.
  • Previous insurance or sales experience preferred but not required.
  • Excellent communication, interpersonal, and organizational skills.


  • Self-motivated, with a strong work ethic and a drive to succeed.


  • Comfortable with technology, CRM systems, and basic office software.


  • Must work on-site at our Rochester office.
Benefits
Hands on Training###Mon-Fri Schedule###Career Growth Opportunities###Evenings Off###Flexible Schedule###