F&I Manager - Automotive

Payne Auto Group

• $80K — $95K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Finance and Insurance in the automotive industry
  • Proven track record in sales, with a focus on ethical practices
  • Strong knowledge of finance and insurance products
  • Excellent communication skills to convey complex information simply
  • Ability to build and maintain relationships with customers and lenders
  • Detail-oriented with strong paperwork management skills
  • Familiarity with banking procedures and approval processes

Responsibilities

  • Contract new business and successfully close deals
  • Generate finance income from all sold customers
  • Verify accuracy and completeness of finance and loan paperwork
  • Collect and manage all funds at vehicle closing
  • Obtain bank approval for financed and leased transactions
  • Maintain comprehensive knowledge of leasing and financial terms
  • Promote ancillary products such as Credit Life and Accident & Health insurance
  • Assist in facilitating lender approvals for clients
  • Understand and communicate lender program options
  • Solicit aftermarket extended warranty sales
  • Manage all cancellations related to warranties and credit products

Benefits

  • Opportunities for professional development in a growing dealership
  • Access to a collaborative and supportive team environment
  • Engagement with a high-volume sales environment
  • Potential for performance-based incentives
  • Comprehensive training programs to enhance product knowledge
Full Job Description
F&I Manager - Automotive

Don't miss this amazing opportunity for F&I professionals. With sales volume on the rise, our growing dealership family needs an F&I Manager. And we only hire the best. We need someone who can sell well and sell ethically-a master of finance and insurance knowledge. A true professional who can communicate product features and benefits in a way that not only gets customers to understand, but gets them to buy.

Job Responsibilities
  • Contract new business, sell and close deals
  • Generate finance income on all sold customers
  • Check/verify paperwork involved with cash, finance or loan transactions
  • Contract or collect all money at closing
  • Seek bank approval on financed and leased deals
  • Maintain a working knowledge of leases, "balloons," etc.
  • Promote Credit Life/Accident & Health sales
  • Assist in acquiring approval from lenders
  • Understand all programs and rate options offered by our lenders
  • Solicit extended warranty sales (aftermarket)
  • Handle all cancellations for extended warranties and credit life

Compensation

Compensation is based on experience and commensurate with Fortune 500 companies.

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