F&I (Finance & Insurance) Manager

Volkswagen of Santa Fe

$100K — $160K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Eagerness to improve in the F&I field
  • Preferred college degree or equivalent experience
  • In-depth knowledge of dealership finance and insurance procedures
  • Skilled at structuring profitable deals
  • Familiar with title laws and the registration process
  • Professional appearance with excellent communication skills
  • Strong negotiation and presentation abilities
  • Valid driver's license required

Responsibilities

  • Assist customers in financing their vehicle purchases
  • Present additional product offerings to enhance customer experience
  • Structure sales for maximum profitability
  • Submit deals to lenders and make credit decisions
  • Ensure compliance with local, state, and federal guidelines
  • Prepare and deliver contracts and paperwork for deals
  • Audit team deals post-sale for improvement insights
  • Ensure speedy funding of all contracts

Benefits

  • 401K participation
  • Health insurance coverage
  • Dental insurance plans
  • Vision insurance available
  • 3 weeks of paid time off after the first year
  • Access to a Mentor Program
  • Opportunities for professional growth
Full Job Description
We are looking for an F&I (Finance and Insurance) Manager to join our growing team! The right candidate will have a deep knowledge of dealership finance and insurance procedures and the ability to assist customers and close deals on additional product offerings.

Pay $100k-$160k

Benefits
  • 401K
  • Health
  • Dental
  • Vision
  • 3 weeks of paid time off after 1 year.
  • Mentor Program
  • Opportunities for Growth


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
  • Eagerness to improve
  • College degree preferred or equivalent experience
  • 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

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