F&I Manager - Automotive

Payne Auto Group

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

Qualifications

  • 5+ years of experience in the automotive finance and insurance sector
  • Proven sales record and strong negotiation skills
  • In-depth knowledge of finance and insurance products
  • Excellent communication and customer service skills
  • Ability to analyze and verify loan documentation

Responsibilities

  • Contract new business efficiently and effectively
  • Generate finance income by closing deals with customers
  • Verify and check all related paperwork for transactions
  • Collect necessary payments at closing to ensure smooth transactions
  • Seek bank approvals for financed and leased deals
  • Maintain up-to-date knowledge of leasing options and loan structures
  • Promote sales of Credit Life and Accident & Health insurance policies
  • Assist in securing lender approvals for financing options
  • Understand and relay all rate options and programs from lenders
  • Solicit and manage extended warranty sales appropriately

Benefits

  • Comprehensive health benefits package
  • Opportunities for professional development and growth
  • Supportive dealership family environment
  • Access to training resources in finance and insurance
  • Potential for performance-based incentives
Full Job Description
F&I Manager - Automotive

Don't miss this amazing opportunity for F&I professionals. Our 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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