F&I (Finance & Insurance) Manager

Posted 3 Days Ago
Be an Early Applicant
Elkton, MD, USA
In-Office
80K-80K Annually
Mid level
Automotive • Retail
The Role
Manage dealership finance and insurance processes: arrange customer financing, present F&I products, structure deals for profitability, submit deals to lenders, ensure regulatory compliance, prepare contracts, audit post-sale deals, and expedite contract funding.
Summary Generated by Built In

Job Summary

We are looking for an F&I (Finance and Insurance) Manager to join our growing team! The right candidate will have a deep knowledge of dealership finance and insurance procedures and the ability to assist customers and close deals on additional product offerings.

Benefits

  •  $80,000 Plus -annual salary, paid biweekly
  • Full Benefits Package – Medical, Dental, Vision, matching 401k, and Life Insurance, disability, cancer, accident, hospital and critical illness 
  • Opportunities for growth
  • Paid vacation 15 days depending on years of service
  • 5 days of sick leave
  • Paid leave up to 6 holidays
  • Up to 3 days of bereavement leave
  • Employee assistance program; and unpaid personal leaves absence (in limited circumstances)
  • Employee discount program
  • Friendly work environment
Responsibilities
  • Provide recommendations and assistance to customers in order to arrange the financing of their purchases. Present customers with additional product offerings to enhance their vehicle and ownership experience
  • Ensure sales are structured to produce the highest profitability
  • Maintains proficiency and certifications as required for the position
  • Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
  • Ensure every deal is fully aligned with local, state and federal guidelines
  • Prepares paperwork, contracts and delivers deals
  • Accurately audit team deals Post-Sale and deeply analyze for improvements
  • Guarantee the expeditious funding of all contracts
Qualifications
  • Eagerness to improve
  • College degree preferred or equivalent experience
  • Knowledge of dealership finance and insurance procedures
  • Proficient at structuring deals for maximum profitability
  • Well-versed in title laws and registration process
  • Professional personal appearance and extraordinary verbal/written communication skills
  • Expertise in negotiation and presentation skills
  • Valid driver’s license

Apple Auto Super Center employees can enjoy a family work environment that cares for its employees and offers a full range of benefits and a competitive pay structure.

 
We are an equal opportunity employer and prohibit discrimination/harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
 
Shawn McLaughlin
General Manager
Apple Auto
410-398-1600
Fax 443-207-5113 

Skills Required

  • Knowledge of dealership finance and insurance procedures
  • Proficient at structuring deals for maximum profitability
  • Well-versed in title laws and registration process
  • Ability to accurately desk deals, submit to lenders, make credit decisions, and close deals
  • Ensure every deal aligns with local, state and federal guidelines
  • Prepare paperwork, contracts and deliver deals
  • Accurately audit team deals post-sale and analyze for improvements
  • Guarantee expeditious funding of all contracts
  • Maintain proficiency and certifications as required for the position
  • Professional personal appearance and extraordinary verbal/written communication skills
  • Expertise in negotiation and presentation skills
  • Valid driver's license
  • College degree (preferred) or equivalent experience
  • Eagerness to improve
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The Company
30 Employees

What We Do

Apple Auto Mitsubishi is a Mitsubishi dealership in Elkton, Maryland, that specializes in quality new and pre-owned vehicles. The company features dedicated sales, service, and parts departments and is known for its 'Customer for Life Rewards' program, which provides lifetime perks such as powertrain warranties, oil changes, and tire rotations to its customers.

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