Finance and Insurance (F&I) Director

Jim Norton Chevrolet

$80K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of automotive F&I experience strongly preferred
  • Excellent communication and customer service skills
  • Professional appearance with a strong work ethic
  • Deep knowledge of regulatory and compliance standards
  • Ability to thrive in a fast-paced environment

Responsibilities

  • Develop a comprehensive finance menu to optimize profits
  • Track lender portfolio performance
  • Inspect and manage department paperwork for efficiency
  • Ensure compliance with all regulatory requirements
  • Support the sales team in meeting performance goals
  • Exemplify professional ethics and customer service
  • Collaborate with sales team to enforce selling best practices

Benefits

  • Competitive Pay
  • Medical, Vision, Dental Coverage
  • 401(k) Retirement Plan
  • Group Life Insurance
  • Flexible Spending Account
  • Paid Vacation
  • Employee Discounts
Full Job Description
Job Summary

The Finance and Insurance (F&I) Director is responsible for helping customers finance their vehicle purchase by working with lending agencies; they are also responsible for having a deep understanding of aftermarket options and warranties that can be purchased with the vehicle being sold.

Benefits
  • Competitive Pay
  • Medical, Vision, Dental
  • 401(k) Retirement Plan
  • Group Life Insurance
  • Flexible Spending Account
  • Paid Vacation
  • Employee Discounts

Responsibilities
  • Develop a comprehensive menu selling process to maximize the finance department's overall profitability and product penetration
  • Track portfolio with lenders
  • Review and inspect the flow of the department's paperwork daily to ensure timely turnaround on all deals
  • Ensure all deals are fully compliant with local, state, and federal guidelines
  • Demonstrate commitment to supporting the sales department in achieving its goals
  • Be an example of professional morals, ethics, and excellent customer service
  • Work closely with sales team on enforcement of proper selling methods


Qualifications
  • Prior automotive F&I experience preferred
  • Excellent communication and customer service skills
  • Professional appearance and strong work ethic
  • Knowledge of regulatory and compliance requirements
  • Ability to work within a fast-paced environment


Physical Requirements

  • The physical requirements of the position are LIGHT to MEDIUM in intensity.
  • Must be able to sit/stand/walk for long periods of time.
  • Visual acuity requirements include color, depth perception and field of vision comparable necessary to drive vehicles safely.
  • Constant - Reaching, sitting, standing, walking, fingering, grasping, feeling, talking, hearing.
  • Frequent - Repetitive motion.
  • Occasional - Balancing, kneeling, crouching, pushing, pulling, and lifting up to 20 lbs.


Physical Working Conditions

  • This position is subject to inside and outside environmental working conditions including but not limited to temperature changes, outside weather conditions, slightly elevated ambient noise levels, minor potential physical hazards as electrical, mechanical, and cleaning equipment, and minor atmospheric conditions affecting skin or respiratory systems such as fumes, odors and dusts associated with operation an auto dealership.

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