American Honda Motor Co.
Assistant Product Development Manager - Finance & Insurance
American Honda Motor Co., Torrance, California, United States, 90501
What Makes a Honda, is Who makes a HondaHonda has a clear vision for the future, and it’s a joyful one.
We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals.At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success.
We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.If your goals and values align with Honda’s, we want you to join our team to Bring the Future!Job Purpose
The Vehicle Service Contracts (VSC) Department manages the Honda Care and Acura Care vehicle protection product programs, working to build Honda and Acura customer and dealer loyalty through premier product offerings and service levels. Departmental responsibilities include F&I product development, contract administration, compliance, marketing, field support, customer service, claim adjudication, and expense control.This VSC Assistant Manager position oversees the creation and implementation business plan for the VSC (Vehicle Service Contracts) operations. This includes coordination with AHFC, AHM, and others to ensure business development and support for field sales of contracts. Projects and creation / maintenance of the VSC key business plan projects and KOI achievement.VSC operates in a highly regulated environment, and it generates over $70M in annual profit and has an operating budget of approximately $4 million through sales of vehicle service contracts and pre-paid maintenance plans.
This role is responsible for F&I product development, administration, and marketing; coordination and administrative support of the dealerships, field organizations who promote contract sales, the customers who purchase the contracts, and various other stakeholders; ensuring product & organizational compliance, including with insurance regulations governing vehicle service contracts; and departmental reporting.The VSC Assistant Manager is also responsible for moving the business forward by overseeing the business team responsible for increasing Honda Care and Acura Care penetration by improving F&I product offerings to meet market trends and compliance requirements, evaluating profit structure, strengthening dealer sales support and incentives, creating brand and product visibility via dealer and consumer marketing, and ensuring product integration with dealer sales technologies and retail platforms.
Key Accountabilities
Execute strategies to achieve sales, profitability, and dealership satisfaction targets
Establish National level objectives and review trends (working with AHFC & AHM field & AHM PST senior management)Support and implement changes to programs, initiatives and marketing strategies for growthPromote and communicate direction and initiativesCollaborate with regional management team to create annual business plan with KPl's I MAR's to support growth and initiatives
Working through departments to guide the creation of planning calendars and correlation of timing and process with stakeholders.
Track and assure adherence to the planning schedule.Assure that the Business Plan for VSC is professionally prepared on time for presentation to AH Sr Leadership.Effectively manage the day-to-day business operations for F&I product development, administration, and marketing.
Support each operation, ensuring that all daily targets/metrics for sales and for project-related implementation are met.Build and maintain the Business Operations group with business and training processes that ensures organizational compliance and efficiency.Provide clear, concise and regular reporting on a daily, weekly and monthly basis that monitors sales and incentives performance as well as project status and progress.Demonstrate experience and capability for addressing issues and problems that occur within the organization using solid communication, problem identification and problem resolution skillsPartner effectively with the business operations staff members through performance management and coaching while fostering a collaborate and effective teamProvide developmental opportunities to support future career growth
Develop sales and profitability strategies using knowledge of local market conditions to contribute sale information and recommendations to strategic plans and pricing
Contribute to the development of regional action plansProvide leadership and guidance to regional field associatesBuild, maintain, and develop dealership relationships and contactsCommunicate and address issues while maximizing dealer supportOrganize dealer events promoting the value proposition for VSC
Support ad-hoc requests from managementQualifications, Experience, and Skills
Bachelor’s degree in business, preferably Business Administration, Finance, Management, or equivalent work experience5-10+ years in combination of automotive sales, parts, service, finance or protection (F&I) products or equivalent3+ years of project management3+ years of people management preferredStrong project management skillsStrong analytical and problem-solving skillsProcess management skills such as System Trees, PDCA, CAP-Do, 5-P, SWOTAbility to multi-task in a dynamic work environmentExcellent communication and interpersonal skillsProficiency in the Microsoft Office Suite products (Excel, Powerpoint, Word)Workstyle
OnsiteBenefits and Total Rewards
What differentiates Honda and makes us an employer of choice?Total Rewards:·
Competitive base salaryPay will be based on several variables that include, but not limited to geographic location, work experience, education, etc.·
Annual Bonus·
Industry-leading Benefit Plans (Medical, Dental, Vision)·
Paid time off, including vacation, paid holidays, sick time, and personal days·
401K Plan with company match + additional contributionCareer Growth:·
Advancement opportunities·
Career mobility·
Education reimbursement for continued learning·
Training and Development programsAdditional Offerings:·
Wellbeing program·
Community service and engagement programs·
Product programs·
Free drinks onsiteHonda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.
We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals.At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success.
We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.If your goals and values align with Honda’s, we want you to join our team to Bring the Future!Job Purpose
The Vehicle Service Contracts (VSC) Department manages the Honda Care and Acura Care vehicle protection product programs, working to build Honda and Acura customer and dealer loyalty through premier product offerings and service levels. Departmental responsibilities include F&I product development, contract administration, compliance, marketing, field support, customer service, claim adjudication, and expense control.This VSC Assistant Manager position oversees the creation and implementation business plan for the VSC (Vehicle Service Contracts) operations. This includes coordination with AHFC, AHM, and others to ensure business development and support for field sales of contracts. Projects and creation / maintenance of the VSC key business plan projects and KOI achievement.VSC operates in a highly regulated environment, and it generates over $70M in annual profit and has an operating budget of approximately $4 million through sales of vehicle service contracts and pre-paid maintenance plans.
This role is responsible for F&I product development, administration, and marketing; coordination and administrative support of the dealerships, field organizations who promote contract sales, the customers who purchase the contracts, and various other stakeholders; ensuring product & organizational compliance, including with insurance regulations governing vehicle service contracts; and departmental reporting.The VSC Assistant Manager is also responsible for moving the business forward by overseeing the business team responsible for increasing Honda Care and Acura Care penetration by improving F&I product offerings to meet market trends and compliance requirements, evaluating profit structure, strengthening dealer sales support and incentives, creating brand and product visibility via dealer and consumer marketing, and ensuring product integration with dealer sales technologies and retail platforms.
Key Accountabilities
Execute strategies to achieve sales, profitability, and dealership satisfaction targets
Establish National level objectives and review trends (working with AHFC & AHM field & AHM PST senior management)Support and implement changes to programs, initiatives and marketing strategies for growthPromote and communicate direction and initiativesCollaborate with regional management team to create annual business plan with KPl's I MAR's to support growth and initiatives
Working through departments to guide the creation of planning calendars and correlation of timing and process with stakeholders.
Track and assure adherence to the planning schedule.Assure that the Business Plan for VSC is professionally prepared on time for presentation to AH Sr Leadership.Effectively manage the day-to-day business operations for F&I product development, administration, and marketing.
Support each operation, ensuring that all daily targets/metrics for sales and for project-related implementation are met.Build and maintain the Business Operations group with business and training processes that ensures organizational compliance and efficiency.Provide clear, concise and regular reporting on a daily, weekly and monthly basis that monitors sales and incentives performance as well as project status and progress.Demonstrate experience and capability for addressing issues and problems that occur within the organization using solid communication, problem identification and problem resolution skillsPartner effectively with the business operations staff members through performance management and coaching while fostering a collaborate and effective teamProvide developmental opportunities to support future career growth
Develop sales and profitability strategies using knowledge of local market conditions to contribute sale information and recommendations to strategic plans and pricing
Contribute to the development of regional action plansProvide leadership and guidance to regional field associatesBuild, maintain, and develop dealership relationships and contactsCommunicate and address issues while maximizing dealer supportOrganize dealer events promoting the value proposition for VSC
Support ad-hoc requests from managementQualifications, Experience, and Skills
Bachelor’s degree in business, preferably Business Administration, Finance, Management, or equivalent work experience5-10+ years in combination of automotive sales, parts, service, finance or protection (F&I) products or equivalent3+ years of project management3+ years of people management preferredStrong project management skillsStrong analytical and problem-solving skillsProcess management skills such as System Trees, PDCA, CAP-Do, 5-P, SWOTAbility to multi-task in a dynamic work environmentExcellent communication and interpersonal skillsProficiency in the Microsoft Office Suite products (Excel, Powerpoint, Word)Workstyle
OnsiteBenefits and Total Rewards
What differentiates Honda and makes us an employer of choice?Total Rewards:·
Competitive base salaryPay will be based on several variables that include, but not limited to geographic location, work experience, education, etc.·
Annual Bonus·
Industry-leading Benefit Plans (Medical, Dental, Vision)·
Paid time off, including vacation, paid holidays, sick time, and personal days·
401K Plan with company match + additional contributionCareer Growth:·
Advancement opportunities·
Career mobility·
Education reimbursement for continued learning·
Training and Development programsAdditional Offerings:·
Wellbeing program·
Community service and engagement programs·
Product programs·
Free drinks onsiteHonda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.