Simplify Your Licensing and Contracting Process
At MKG Insurance Agency, we eliminate the hassle of contracting and appointment paperwork by streamlining everything electronically. This means faster appointments, quicker submission of new business, and faster payments for you.
We offer:
- 85% to 100% agent contracts
- Custom mobile apps for clients
- Comprehensive CRM systems
- Free digital marketing services
- Get appointed with our top-notch insurance carriers
Focus on what matters most, growing your business, with MKG Insurance Agency
MKG Insurance Agency offers two dynamic career paths for ambitious agents:
- Brokerage General Agency (BGA): Perfect for those looking to recruit and build a team. We provide robust support to help insurance agents succeed, while delivering exceptional value to insurance carriers.
- Licensed Only Agents (LOA): Ideal for agents focused solely on selling insurance. Join us to enhance your sales career with our comprehensive resources and industry expertise.
Whether you’re looking to lead and grow a team or excel in sales, MKG Insurance Agency has the right path for you. Start your journey with us today!
We provide all the tools you need to succeed. Seeking independence in your career? If so, this is a perfect opportunity for you. By marketing in your own territory you choose, you join hundreds of tax professionals, enrolled agents, mortgage brokers, insurance agents, mortgage loan officers, accounting experts, and entrepreneurs all across the United States who put the interests of their clients ahead of everything else. By becoming a Training Representative and building a team, the benefits are unlimited.
Brokerage General Agency (BGA):
Trainer Levels and Promotion Qualifications
Enhanced Marketing Strategies for BGA Structure Levels
Training Representative (TR): 75% Contract
• App Downloads: 25
• Premium Requirement: $2,500,000
• Marketing Strategies:
• Direct Engagement: Leverage personal and social networks to promote the BGA Mobile App, focusing on the immediate circle of influence.
• Digital Campaigns: Utilize cost-effective digital marketing, including social media ads and content marketing, to reach a broad audience.
• Client Education: Educate potential clients on the benefits of the app and insurance products through webinars and one-on-one consultations.
District Manager (DM): 80% Contract
• App Downloads: 83 per team member (total 249)
• Premium Requirement: $8,300,000 per team member
• Marketing Strategies:
• Team Coordination: Organize regular strategy sessions to align team efforts and optimize local marketing campaigns.
• Performance Incentives: Implement incentive programs that reward top performers in app downloads and premium achievements.
• Community Outreach: Increase community involvement through sponsorship of local events and participation in community fairs.
Regional Manager (RM): 82% Contract
• App Downloads: 124 per leg (total 373)
• Premium Requirement: $12,400,000 per leg
• Marketing Strategies:
• Strategic Partnerships: Formulate partnerships with regional influencers and business leaders to enhance product visibility and credibility.
• Segmented Marketing: Develop marketing campaigns targeted at different demographics within the region, focusing on tailored messaging that resonates with each group.
• Data Utilization: Use regional sales data to identify patterns and opportunities for targeted promotions and product placements.
Regional Vice President (RVP): 85% Contract
• App Downloads: 145 per leg (total 435)
• Premium Requirement: $14,500,000 per leg
• Marketing Strategies:
• High-Value Networking: Engage in high-value networking events to attract affluent clients and large-scale business.
• Advanced Digital Strategies: Implement advanced digital strategies, including SEO and programmatic advertising, to maximize online visibility and lead generation.
• Brand Positioning Events: Organize exclusive events that position the BGA brand as a premium provider in the insurance and financial services industry.
Senior National President (SNP): 87% Contract
• App Downloads: 166 per leg (total 498)
• Premium Requirement: $16,600,000 per leg
• Marketing Strategies:
• National Campaigns: Lead national marketing campaigns that highlight the unique benefits and superior service offerings of BGA.
• Product Innovation: Collaborate with product development teams to introduce new features or products that meet emerging customer needs and market trends.
• Executive Engagement: Engage with C-suite executives in client companies to foster long-term business relationships and secure large contracts.
National Vice President (NVP): 90% Contract
• App Downloads: 187 per leg (total 560)
• Premium Requirement: $18,700,000 per leg
• Marketing Strategies:
• Corporate Partnerships: Develop corporate partnerships that can lead to bulk policy purchases or enterprise-level engagements.
• Market Expansion: Explore and strategize entry into new geographical markets or sectors with potential for high growth.
• Public Relations: Enhance public relations efforts to build and maintain a strong, positive brand image that attracts premium clients.
Senior National Vice President (SNVP): 92% Contract
• App Downloads: 210 per leg (total 630)
• Premium Requirement: $21,000,000 per leg
• Marketing Strategies:
• Innovative Leadership Conferences: Host leadership conferences that bring together industry experts to discuss trends, challenges, and opportunities in the insurance market.
• Strategic Thought Leadership: Publish white papers and thought leadership articles to establish BGA’s expertise and innovative approaches in the industry.
• Client Advisory Boards: Form client advisory boards to gather insights and feedback from key clients, helping to refine products and services.
Executive National Vice President (ENVP): 95% Contract
• App Downloads: 235 per leg (total 705)
• Premium Requirement: $23,500,000 per leg
• Marketing Strategies:
• Global Market Strategies: Develop and implement strategies for global market penetration, focusing on international trade shows, global digital campaigns, and cross-border partnerships.
• Luxury Client Segment: Tailor marketing efforts to attract luxury clients and high net worth individuals, offering bespoke services and exclusive product lines.
• Innovation Showcases: Organize innovation showcases to demonstrate the technological superiority and user-friendliness of the BGA Mobile App to potential clients and stakeholders.
Executive Field Director (EFD): 97% Contract
• App Downloads: 235 per leg (total 705)
• Premium Requirement: $23,500,000 per leg
Enhanced Responsibilities and Strategies:
1. Large Census Group Management:
• Target Groups: Focus on securing group benefit contracts ranging from 100 to 10,000 lives, specializing in comprehensive employer group benefits including life, accident, vision, dental, and health plans.
• Strategy Development: Develop strategies that cater specifically to large organizations, optimizing benefits packages to meet diverse employee needs and employer objectives.
2. RFP Preparation and Submission:
• Government Contracts: Lead the preparation and submission of RFPs for State, Municipal, and U.S. Government contracts. Ensure all proposals meet the stringent requirements and regulations specific to public sector contracts.
• Documentation Excellence: Oversee the creation of detailed, accurate, and persuasive RFP documents that clearly outline the benefits and competitiveness of BGA’s offerings.
3. System for Award Management (SAM) Engagement:
• SAM Registration and Compliance: Ensure that BGA is registered and compliant with the System for Award Management (SAM), enabling eligibility for federal contracts.
• Ongoing Monitoring: Regularly monitor SAM for updates and potential bidding opportunities, maintaining proactive engagement with federal procurement systems.
4. Partnership and Alliance Building:
• Strategic Alliances: Establish and maintain strategic alliances with consultants, brokers, and third-party administrators who specialize in government contracts to enhance reach and expertise.
• Networking: Leverage industry events, conferences, and seminars to network with government officials and decision-makers, enhancing BGA’s visibility and opportunities for contract wins.
5. Market Analysis and Adaptation:
• Market Intelligence: Conduct thorough market analysis to understand government and large employer needs, adapting product offerings to meet these requirements while ensuring competitive pricing and superior service delivery.
• Customization and Flexibility: Tailor group plans to align with specific client needs, offering customization and flexibility that differentiates BGA from competitors in government and large employer sectors.
6. Innovative Solutions and Technology Integration:
• Technology Utilization: Leverage technology to offer innovative solutions like digital enrollment and administration platforms, enhancing the attractiveness of BGA’s proposals for tech-savvy government agencies.
• Data Security and Compliance: Ensure that all technological solutions comply with state and federal regulations regarding data security and privacy, an essential factor in government contracts.
7. Premium Sales and Revenue Growth:
• Revenue Targets: Focus on significantly increasing premium revenues through large-scale contracts, aligning efforts with BGA’s strategic financial goals.
• Performance Metrics: Develop and monitor key performance indicators related to large census groups and government contract acquisitions to continuously optimize strategy and operations.
Licensed Only Agents (LOA): Ideal for agents focused solely on selling insurance. Join us to enhance your sales career with our comprehensive resources and industry expertise.
Potential income breakdown for LOA based on industry insights:
- Level 1 (75% – 85%)
- Potential Income: $43,954 – $59,080 (based on PayScale and U.S. Bureau of Labor Statistics)
- Level 2 (85% – 90%)
- Potential Income: $59,080 – $69,100 (based on U.S. Bureau of Labor Statistics and Recruiter.com)
- Level 3 (90% – 95%)
- Potential Income: $69,100 – $94,153 (based on Recruiter.com and Salary.com)
Pay Grid Details
| Level | Contract Level | Sales Requirement | Premium Requirement | Team Requirement | Generational Override |
| Training Representative | 75 percent | 25 sales, 25 app downloads | $30,000 in premiums or apps | None | None |
| District Manager | 80 percent | 249 sales, 249 app downloads | $298,800 in premiums or apps | 3 direct team members | 2 percent |
| Division Manager | 81 percent | 311 sales, 311 app downloads | $373,200 in premiums or apps | 3 producing legs | 3 percent |
| Regional Manager | 82 percent | 373 sales, 373 app downloads | $447,600 in premiums or apps | 2 Regional Vice President legs, 1 producing leg | 4 percent |
| Regional Vice President | 85 percent | 435 sales, 435 app downloads | $522,000 in premiums or apps | 3 Regional Vice President legs | 5 percent |
| Senior National President | 87 percent | 498 sales, 498 app downloads | $597,600 in premiums or apps | 3 Senior Vice President legs | 6 percent |
| National Vice President | 90 percent | 560 sales, 560 app downloads | $672,000 in premiums or apps | 3 National Vice President legs | 7 percent |
BGA Technology
– Mobile App: We offer a mobile app available for iOS and Android, providing a convenient platform for agents to access resources, manage client information, and streamline their workflow as a SaaS solution.
Apple App Store
https://apps.apple.com/us/app/mkg-tax-consultants/id1600628580
Google Play Store
https://play.google.com/store/apps/details?id=com.mkg.enterprises
Amazon Appstore for Android
Brokerage General Agency (BGA) Levels and Promotions
All agents will start MKG Insurance Agency at an initial level and earn promotions based on our guidelines.
New non-licensed agents:
All non-licensed new agents will start at the Training Representative level. Once the new, non-licensed agent is licensed, with the approval of MKG, the recruiting agent can promote the agent one-time, up to Regional Manager.
Licensed Only Agents (LOA): Ideal for agents focused solely on selling insurance. Join us to enhance your sales career with our comprehensive resources and industry expertise. Here’s the potential income breakdown for LOA based on industry insights:
- Level 1 (75% – 85%)
- Potential Income: $43,954 – $59,080 (based on PayScale and U.S. Bureau of Labor Statistics)
- Level 2 (85% – 90%)
- Potential Income: $59,080 – $69,100 (based on U.S. Bureau of Labor Statistics and Recruiter.com)
- Level 3 (90% – 95%)
- Potential Income: $69,100 – $94,153 (based on Recruiter.com and Salary.com)
New previously licensed agents:
All previously licensed new agents will start at the level set by their direct recruiter, up to Regional Manager, with the approval of MKG. Previously licensed agents may start at a level higher than Regional Manager if approved by MKG, and also by all upline agents whose pay would be affected, that have activity in the prior 12 months, up to the first upline CEO or Chairman. The following guidelines should be used to determine the starting level based on documented income in either of the two prior calendar years:
- Regional Vice President (RVP/SVP) $59,080
- National Vice President (NVP) $75,000
- Senior National Vice President (SNVP) $105,000
- Executive National Vice President (ENVP) $150,000
- Senior Executive National Vice President (SENVP) $225,000
This is called a status-match promotion.
Based on recent industry research, the average income for insurance sales agents and financial professionals shows considerable variation based on experience and specific roles. Here are the findings from reliable sources:
Insurance Sales Agents:
– The U.S. Bureau of Labor Statistics reports that the median annual wage for insurance sales agents was $59,080 in May 2023 Insurance Sales Agents:
https://www.bls.gov/ooh/Sales/Insurance-sales-agents.htm
Occupational Outlook Handbook: U.S. Bureau of Labor Statistics
(https://www.bls.gov/ooh/Sales/Insurance-sales-agents.htm).
– PayScale indicates the average salary for an insurance sales agent is $43,954 per year, with a range typically between $29,000 and $69,000
Insurance Sales Agent Salary in 2024
(https://www.payscale.com/research/US/Job=Insurance_Sales_Agent/Salary).
– Salary.com provides a higher estimate, stating the average salary for insurance sales agents in the United States is $94,153 as of May 2024, with the range typically falling between $81,183 and $115,013
Insurance Sales Agent Salary for 2023-2024
(https://www.recruiter.com/salaries/insurance-sales-agents-salary/).
– Recruiter.com notes that the average pay level is around $69,100 annually, with the potential to earn between $29,000 and $127,840 depending on experience and talent
Insurance Sales Agent Salary for 2023-2024
(https://www.recruiter.com/salaries/insurance-sales-agents-salary/)
If approved by the MKG Enterprises Corp Board, an agent may start at a level higher than SENVP or without documented income if also approved by all upline agents whose pay would be affected, that have activity in the prior 12 months, up to the first upline CEO or Chairman. This would apply to new direct-to-MKG legs and for strategic agent recruiting.
Promotions:
Promotions to the Regional Vice President (RVP) and above will be system-automated and based on the Multi-Pay grid guidelines. Promotions up to the Regional Manager (RM) may be made by the agent’s first active upline RVP. MKG recommends following the Multi-Pay grid promotion guidelines for promotions up to RM.
Only agents with activity within the prior 12 months are eligible for promotion. For promotion qualification, the definition of activity shall also include attendance at the most recent MKG convention but does not include agent transfers. For promotions, the definition of leg shall include downline agents. Only one downline agent per direct leg.