Finance & Insurance Manager offers finance or insurance options to clients through established relationships with lenders/providers. Explains offerings and recommends products to meet the needs of the client. Being a Finance & Insurance Manager negotiates contract terms and rates to meet the goals of the organization. Ensures applications and paperwork are completed correctly and in a timely manner. Additionally, Finance & Insurance Manager may require a bachelor’s degree in area of specialty. Typically reports to head of a unit/department. The Finance & Insurance Manager supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Finance & Insurance Manager typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Finance and Insurance Manager Job Description Template
Our company is looking for a Finance and Insurance Manager to join our team.
Responsibilities:
- Work closely with sales team on enforcement of proper selling methods;
- Set and maintain finance department work schedule;
- Be an example of professional morals, ethics, and excellent customer service;
- Demonstrate complete commitment to supporting the sales department in achieving its goals;
- Track portfolio with lenders * Review and inspect the flow of the�department�s paperwork on a daily basis to ensure a timely turn around on all deals;
- Track portfolio with lenders;
- Review and inspect the flow of the department’s paperwork on a daily basis to ensure a timely turn around on all deals;
- Guarantee the expeditious funding of all contracts;
- Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals;
- Ensure sales are structured to produce the highest profitability;
- Maintains proficiency and certifications as required for the position;
- Accurately audit team deals Post-Sale and deeply analyze for improvements;
- Ensure every deal is fully aligned with local, state and federal guidelines;
- Prepares paperwork, contracts and delivers deals.
Requirements:
- Valid driver’s license;
- Knowledge of dealership finance and insurance procedures;
- Expertise in negotiation and presentation skills;
- Self-motivation Ability to work within a fast paced environment;
- Ability to work within a fast-paced environment;
- Short Term Disability;
- Proficiency in technology;
- The willingness and ability to work long hours;
- Health Savings Account;
- Medical and Pharmacy Coverage;
- 3-5 years of working knowledge in Finance and Insurance products;
- Expected hours of operation 8:00-6:00;
- Professional personal appearance and extraordinary verbal/written communication skills;
- Valid Driver’s License �PandoLogic. Category: Automotive, Keywords: Automotive F&I Manager;
- College degree preferred or equivalent experience.