F&I (Finance & Insurance) Manager Job Description Template
Our company is looking for a F&I (Finance & Insurance) Manager to join our team.
Responsibilities:
- 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;
- Guarantee the expeditious funding of all contracts;
- Accurately audit team deals Post-Sale and deeply analyze for improvements;
- Ensure every deal is fully aligned with local, state and federal guidelines;
- Ensure sales are structured to produce the highest profitability;
- Ensures the expeditious funding of all contracts;
- Ensures all deals are fully compliant with local, state and federal guidelines;
- Fully proficient with title laws and registration process;
- Proficient at structuring deals for maximum profitability and collectability;
- Present all products to every customer 100% of the time;
- Present products to customer while maintaining high CSI;
- Review the figures that are presented by the salesperson and use them when closing the deal with the customer;
- Work directly with the Finance Manager to complete any needed Finance Delivery at the direction of dealership management;
- Complete all transaction and purchase contract materials.
Requirements:
- Knowledge of dealership finance and insurance procedures;
- Valid driver’s license;
- Professional personal appearance and extraordinary verbal/written communication skills;
- Expertise in negotiation and presentation skills;
- Proficient at structuring deals for maximum profitability;
- College degree preferred or equivalent experience;
- Professional personal appearance & excellent communication skills;
- Professional Appearance;
- 3-5 years of working knowledge in Finance and Insurance products;
- Expected hours of operation 8:00-6:00;
- Menu presentation and selling skills;
- Dealer Track experience a plus;
- Reynolds and Reynolds experience preferred;
- Must be able to work a flexible schedule;
- Eagerness to improve and grow professionally.