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F&I Manager Jobs

Company

Eastchester Chrysler Jeep Dodge Ram

Address , Bronx, 10466
Employment type FULL_TIME
Salary
Expires 2023-09-10
Posted at 8 months ago
Job Description
Are you a talented, experienced Finance and Insurance professional in the automotive industry? If so, we encourage you to apply. We are looking for experienced Finance and Insurance Managers to serve our customers.

Job Responsibilities include but are not limited to:

  • Provides sales force and sales managers with current information about finance and lease programs continually.
  • Maintains a professional appearance.
  • Other tasks as assigned.
  • Maintains a clean and professional work environment.
  • Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.
  • Works with sales managers to secure a reasonable profit from every sale.
  • Attends managers meetings.
  • Checks all paperwork for correct title, lien information, taxes etc., before forwarding to accounting.
  • Ensures collection of all finance and insurance fees.
  • Prepares reports on finance penetration.
  • Processes finance and lease deals accurately and fairly through financial sources to secure approval.
  • Trains the sales staff regarding the benefits of financing, insurance and extended service programs.
  • Sets up and maintains a program that will ensure 100 percent turnover to the F& I department.
  • Supervises and trains designated backup to ensure continued efficiency and profitability in the F& I manager's absence.
  • Coordinates finance forecasting with sales department forecasting to achieve desired levels of penetration and income.
  • Seeks insurance companies for insurance paper.
  • Understands and complies with federal, state and local regulations that affect the new- and used-vehicle and finance departments.
  • Takes all credit applications.
  • Generates additional income through the sales of credit insurance, vehicle service contracts, GAP coverage and maintenance plans.
  • Manages the alternative finance source program to ensure that several sources are available.
  • Converts cash deals to finance.
  • Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
  • Processes all federal, state and dealer paperwork related to vehicle transaction.
  • Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
  • Maintains insurance files.
  • Conducts business in an ethical and professional manner.
  • Develops and monitors guidelines for working with customers to ensure maximum customer satisfaction.
  • Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
  • Handles all rate quotations.
  • Protects gross profit by arranging financing so outside sources do not have an impact on selling margins.Establishes lender relations that tie the customer closer to the dealership.
  • Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
  • Maintains control of all paperwork until it is ready to be turned into the general office.
  • Establishes and maintains good working relationships with several finance sources, including the manufacturer.

We offer tremendous growth and a comprehensive benefits package including:

  • Guardian Dental
  • Paid Holidays
  • Paid Time OffUHC Oxford
  • Continuous Professional Growth and Development

Job Type: Full-time

Must have recent experience as an F&I Manager in a high-volume dealership and have working relationships with the banks. Top earning potential. We offer medical benefits, paid vacation and holidays, monthly bonuses, a team-oriented environment and more. We look forward to hearing from you!

IF INTERESTED, EMAIL YOUR RESUME TO Glen O'Loughlin at [email protected]