About this role
Finance and Insurance (F&I) Manager
We are a leading automotive dealership committed to providing an exceptional car-buying and service experience. We provide a positive, professional work environment, aggressive pay plans with career advancement opportunities, and the best training in the industry.
Job Summary
The Finance and Insurance (F&I) Manager is responsible for helping customers secure financing, finalize sales contracts, and offering additional products like extended warranties, GAP insurance, and maintenance plans. The F&I Manager is also responsible for following up on and collecting receivables.
Responsibilities:
- Establish and maintain positive working relationships with all sources of finance and insurance products, factory and otherwise.
- Submit proper documentation to obtain approval for all possible finance transactions.
- Work with sales management to establish and maintain a program that will ensure a 100% turnover to the Finance and Insurance department.
- Work with sales managers to secure a reasonable profit from each transaction.
- Establish forecast for finance department in conjunction with sales department to achieve a desired percent of penetration and income.
- Verify the accuracy of all title, lien information, taxes and other documents on customer paperwork.
- Ensure accuracy of customer information in dealership databases (including e-mail addresses).
- Forward completed deals to the accounting office in a timely manner.
- Acquire licenses for selling insurance, if applicable.
- Prepare monthly reports on finance penetration and products sold.
- Keep sales management up to date regarding rates and products.
- Complete all training certifications as directed by management.
- Comply with all company policies, procedures and safety standards.
- Other duties as assigned.
Qualifications:
- Prior automotive experience preferred.
- Excellent communication and customer service skills.
- Professional, well-groomed personal appearance.
- Self-motivated with the ability to set and achieve targeted goals.
- Knowledge of regulatory and compliance requirements.
- Ability to work within a fast-paced environment.
- Clean driving record and valid drivers license.
We offer best in class industry benefits:
- Competitive pay
- Medical, Dental and Vision Plans
- Paid Holidays & PTO
- Short and Long-Term Disability
- Paid Life Insurance
- 401(k) Retirement Plan
- Vehicle Purchase Discounts
- Employee Discounts on Parts and Service Repairs
- Aggressive Employee Referral Program with Bonus Opportunities
You must be at least 18 years of age to apply. We are an equal opportunity employer and a drug-free workplace.