Head of Finance - Insurance
Peak Performance Team
Finance and Insurance (F&I) Manager - Automotive - Chicago North Suburbs
This is an incredible opportunity for an experienced professional who is excited by automotive F&I and passionate about customer service. We are currently seeking an F&I manager to join our amazing team. We need a leader with a strong focus on compliance requirements and product knowledge, who can train bright new talent, clearly communicate product features and benefits, and who can confidently close the sale.
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
Must be proficient at the following
Deep understanding of building a strong deal structure from beginning to end
Obtaining loan approvals that maximize profitability
Strong ability to present and close all F&I products (VSC, Gap, Tire&Wheel, and all ancillary products)
#J-18808-Ljbffr Peak Performance Team
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