Finance and Insurance (F&I) Manager

Ourisman Mazda

$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Proven experience as an F&I Manager or similar finance role in the automotive industry.
  • Strong negotiation and sales skills, able to convey complex financial information simply.
  • In-depth knowledge of automotive financing and insurance products, along with related regulations.
  • Excellent communication skills to build relationships with customers and financial partners.
  • Proficiency in Microsoft Office and dealership management software.
  • Strong attention to detail and commitment to financial integrity.

Responsibilities

  • Meet with customers to discuss financing and insurance options, providing clear information.
  • Work with financial institutions to secure favorable financing terms for customers.
  • Present and explain various insurance products tailored to customer needs.
  • Prepare and process paperwork for vehicle sales, financing, and insurance accurately.
  • Ensure compliance with regulations and dealership policies in all transactions.
  • Achieve and exceed sales targets for finance and insurance products.
  • Maintain organized records of financial transactions for audits and reviews.
  • Collaborate with the sales team to enhance the customer experience during vehicle purchases.

Benefits

  • Health, dental, and vision insurance
  • Life insurance options
  • Short-term and long-term disability insurance
  • 401(k) plan with company match
  • Paid time off and holiday leave
  • Opportunities for professional development and growth
Full Job Description
Role Summary

Ourisman Automotive Group is seeking an experienced and customer-focused Finance and Insurance (F&I) Manager to join our team. The F&I Manager will be responsible for managing the financial and insurance aspects of vehicle sales, ensuring that customers receive the best possible financing and protection plans while maintaining compliance with industry regulations.

More about the role
  • Meet with customers to discuss their financing and insurance options, providing clear and accurate information to help them make informed decisions.
  • Work with financial institutions to secure the best possible financing terms for customers, including interest rates, loan terms, and payment plans.
  • Present and explain a variety of insurance products, including extended warranties, gap insurance, and service contracts, tailored to meet customer needs.
  • Prepare and process all required paperwork for vehicle sales, financing, and insurance, ensuring accuracy and compliance with dealership policies and legal requirements.
  • Ensure all financial and insurance transactions comply with federal, state, and local regulations, as well as dealership policies and procedures.
  • Achieve and exceed individual and dealership sales targets for finance and insurance products.
  • Maintain accurate and organized records of all financial and insurance transactions, ensuring documentation is readily accessible for audits and reviews.
  • Work closely with the sales team to enhance the overall customer experience and streamline the vehicle purchase process.


What we look for
  • Proven experience as an F&I Manager or in a similar finance role within the automotive industry.
  • Strong negotiation and sales skills, with the ability to explain complex financial information clearly and concisely.
  • In-depth knowledge of automotive financing and insurance products, as well as relevant regulations and compliance standards.
  • Excellent verbal and written communication skills, with the ability to build rapport with customers and financial partners.
  • Proficiency in Microsoft Office Suite and experience with dealership management software.
  • Strong attention to detail and accuracy, with a commitment to maintaining financial integrity and customer satisfaction.

Benefits
  • Health, dental, and vision insurance
  • Life insurance options
  • Short-term and Long-term disability insurance
  • 401(k) plan with company match
  • Paid time off and holiday leave
  • Opportunities for professional development and growth


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