Finance & Insurance Manager

Finance & Insurance Manager

Date Originated: December 2016

Location: California

Reports To: General Sales Manager/ General Manager

Supervises: N/A

FLSA Status: Non-Exempt

Summary: This position directs the sale of and sells new and used car buyers financing and insurance programs.  F&I Manager also works with financial lenders to get the best interest rates for the dealership. F&I Manager is expected to uphold the highest ethical standards.

Essential Job Functions (Duties and Responsibilities): The primary duties consist of, but are not limited to the following.

• Oversee dealership customer loan origination and approval process while maintaining strong relationships with prime and subprime lenders
• Accurately prepare all federal, state, and dealer paperwork and submit to the accounting department in a timely manner
• Establish and maintain monthly forecasted income, penetration levels, and customer satisfaction index (CSI) scores
• Generate monthly, quarterly, and year end reports
• Present service contracts, GAP, and other beneficial ancillary products Understanding and complying with federal, state and local regulations that affect the new and used-vehicle and finance departments.
• Creating and maintaining a program with the sales department that will ensure all new sales are referred to the F&I department.
• Training and providing the sales and finance teams with information on finance and lease programs and the benefits of the dealership’s financing and extended service programs.
• Must have the ability to report for work on time, follow directions, interact effectively with co-workers, understand and follow rules and procedures and accept constructive criticism
• Education – High school diploma or college degree or equivalent
• A proven track record of at least 3-5 years of automotive F&I Producer experience is a must; Director experience preferred.
• Must maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
• Must understand and keep abreast of the federal, state, and local regulations that affect operations.
• Must have strong communication skills in order to work with customers, employees and finance and insurance vendors.
• Must be able to work extended hours, evenings, holidays and weekends.
• Must demonstrate the ability to read, write and communicate the English language.
• Valid Driver’s License and proof of insurance are required.
• Must have a clean driving record and be able to pass an MVR and background check.
• Must be able to work in a sitting position for extended periods of time (at desk, while driving, and/or on airplane travel) in an office/industrial environment
• Manual dexterity to perform data entry functions
• Ability to bend, pull, stoop and reach to perform functions
• Ability to lift 25-30 lbs.
• May be exposed to heat, fumes, noise, and humidity, etc.
• Must have the cognitive and mental capacity to perform essential job functions
• Must be able to communicate effectively orally and in writing
• Visual acuity to read documents, computer screens, files, etc.
• Ability to hear in person and via phone

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skills, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical & Mental Demands: The following physical and mental demands consist of, but are not limited to the following.

The statements herein are intended to describe the general nature and levels of the work performed by employees, but are not a complete list of responsibilities, duties, and skills required of personnel so classified.  Furthermore, the job description does not constitute a written or implied contract for employment.  Martin Automotive Group/Simi Valley Chevrolet reserves the right to revise or change job duties and responsibilities as the need arises.

Martin Automotive Group/Simi Valley Chevrolet is an Equal Opportunity Employer and does not discriminate against otherwise qualified applicants on the basis of race, color, religion, national origin, sex, age, gender identity, sexual orientation, veteran status or on the basis of disability.

Approved By: ___________________________________   Date: _____________________

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