Finance and Insurance Manager

Reeder Chevrolet · Knoxville, TN

Posted 7 days ago

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Skills

Finance and InsuranceSales contractsExtended warrantiesGAP insuranceReceivables collectionRegulatory complianceTitle and lien verificationAccounting documentationDealer management systemsProduct forecastingTraining certifications

Benefits

  • ✓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
  • ✓Employee Referral Program

Job description

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 driver’s 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.



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