Jaguar Land Rover Cape Fear F&I Manager

Finance and Insurance Manager
Jaguar Land Rover Cape Fear is eager to add an Finance Manager to our progressive team. We are a family-owned dealership with a hands-on owner that is focused on growing the business and expanding our reach. Proven track record is a requirement for this position.
Summary
The finance and insurance manager utilizes finance, insurance and after-sale programs to generate additional revenue for the dealership.
Core Responsibilities
Sell financing and insurance packages to customers, including credit life, accident and health insurance.
Finance and insurance manager may be required to:

• Secure finance approval by accurately preparing finance/lease transactions through finance sources.
• Generate EOM commission reports for each member of sales team and forward to the payroll office.
• Explain aftermarket products and extended warranties to customers.
• Field rate quotation questions.
• Nurture productive working relationships with multiple finance sources, and pursue competitive finance programs and interest rates through current and new lenders.
• Review vehicle sale profits with sales manager.
• Train a designated employee to perform these duties in the finance and insurance manager's absence.
• Manage insurance files, and pursue new insurance companies for insurance paper.
• Verify documents contain valid title, lien, and tax information prior to routing to accounting.
• Prepare/file all government and dealer vehicle transaction reports in a timely manner.
• Develop a system to yield 100% turnover to the finance and insurance department.
• Regularly review financing, extended service and insurance programs with sales team.
• Convert cash transactions to finance.
• Verify insurance and finance fees are collected.
• Explain dealership and manufacturer service policies to customers.
• Coordinate with customer service representative to develop strategies for maximizing customer satisfaction.
• Coordinate with sales manager to develop departmental goals/objectives with achievement strategies.
• Retain ample supply of all contracts and forms necessary to complete/finalize vehicle transactions.
• Attend manager meetings.
• Obtain current state insurance license and attend continuing credit insurance education as required to maintain license.
• Receive all applications for credit.
• Generate finance penetration reports, and coordinate with sales department to develop finance forecasts.

In addition, finance and insurance manager should:

• Complete other duties as assigned.
• Be capable of speaking with customers or employees; reading/understanding manuals, operating and maintenance instructions, and safety regulations; and writing financial/marketing reports and other correspondence.
• Possess basic math skills.
• Understand and comply with current and future government regulations affecting new- and used-vehicle and finance departments.
• Be professional and courteous in attitude, wardrobe and grooming.
• Uphold the highest ethical standards.

Education and/or Experience
Bachelor’s degree from four-year college/university, 1-2 years work-related experience/training, or an equivalent combination.
Benefits

• Paid holidays
• Competitive pay
• Growth opportunities
• Close to the beach
• Paid time off
• 401k match
• Employee discount program
• Health, dental, vision insurance