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F&I (Finance & Insurance) Manager

salary Salary :

$86,000 - 250,000 yearly

Job Description - F&I (Finance & Insurance) Manager



We’ve built an excellent team, but we’re always looking for new employees who are driven, have a love for all things automotive and believe in great customer service. There are a wide range of opportunities at our dealership, whether you’re a financial expert, or prefer to demonstrate features to customers. If you think this is the ideal career for you, we welcome you to apply and we’ll contact you if you seem like a great fit for our team.

 


Responsibilities



  • Provide recommendations and assistance to customers in order to arrange the financing of their purchases. Present customers with additional product offerings to enhance their vehicle and ownership experience



  • Ensure sales are structured to produce the highest profitability



  • Maintains proficiency and certifications as required for the position



  • Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals



  • Ensure every deal is fully aligned with local, state and federal guidelines



  • Prepares paperwork, contracts and delivers deals



  • Accurately audit team deals Post-Sale and deeply analyze for improvements



  • Guarantee the expeditious funding of all contracts



Qualifications



  • College degree preferred or equivalent experience



  • Must have license or certification per state requirements or able to obtain it within the first 90 days of employment



  • Automotive F&I experience highly preferred 



  • Knowledge of dealership finance and insurance procedures



  • Proficient at structuring deals for maximum profitability



  • Well-versed in title laws and registration process



  • Professional personal appearance and extraordinary verbal/written communication skills



  • Expertise in negotiation and presentation skills



  • Valid driver’s license




Benefit Package


This position has a monthly guarantee and commission.

Typical range is $86,000-$250,000 depending on performance. 




  • The following benefits are offered:




    • Paid Time Off: 40 hours front-loaded Paid Time Off (after 90 days employment).


    • Health Coverage: Medical and dental coverage with an employer-paid premium share (eligible first of the month after 60 days of service).


    • Group Life Insurance: Employer-paid Group Life Insurance (eligible first of the month after 60 days of service).


    • Holidays: 7 paid holidays each year (after 90 days employment).


    • Additional Benefits: Vision, Voluntary Life Insurance, Legal Shield, AFLAC and more!


    • Retirement Fund: Profit Share retirement fund (eligible first of the month after 60 days of service).


    • Employee Discounts: Enjoy employee discounts in parts, sales, and service.





 




We are an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.




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