Finance and Insurance Manager/ F&I

Posted 4 Days Ago
Be an Early Applicant
Hopkins, MN, USA
In-Office
90K-130K Annually
Entry level
Automotive • Retail • Transportation
The Role
Helps automotive customers finance vehicle purchases, presents protection products, structures profitable and collectible deals, submits contracts to lenders, makes credit decisions, closes transactions, ensures compliance, prepares paperwork, audits deals, and expedites contract funding. The role requires knowledge of dealership finance procedures, title and registration laws, strong communication and negotiation skills, and successful completion of background screening.
Summary Generated by Built In

Finance and Insurance Manager / F&I
Over 60 years ago, the Luther Automotive Group purchased its first dealership. Thirty dealerships and five collision and glass centers later, Luther continues to build its brand on family values and a philosophy of serving its guests, team members, and communities. Every Luther team member is absolutely critical to its success.  Our rapid growth and fast-paced environment make this an awesome place to work.  If you are looking for a great career with great people, apply today!

Experience in dealership management, automotive sales, retail sales, warranty processing or customer service/support are encouraged to apply.

$90-$130k/year (Commission-Based)

What We Offer

  • Medical, Dental & Vision
  • 401k with Match
  • Paid Vacation
  • Growth Opportunities
  • Paid Training
  • Family Owned and Operated
  • Long Term Job Security
  • Health and Wellness
  • Accident & Critical Illness
  • HSA/Flexible Spending
  • Pet Insurance
  • Employee Discounts

Responsibilities

  • Responsible for helping our customers arrange the financing of their purchases and presenting them with additional products that enhance their vehicle and ownership experience.

  • Proficient at structuring deals for maximum profitability and collectability

  • Fully proficient with title laws and registration process

  • 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

  • Ensures all deals are fully compliant with local, state and federal guidelines

  • Prepares paperwork, contracts and delivers deals

  • Accurately audits team deals Post-Sale

  • Ensures the expeditious funding of all contracts

Qualifications

  • College degree preferred or equivalent experience

  • Knowledge of dealership finance and insurance procedures

  • Professional personal appearance & excellent communication skills.

  • Excellent verbal/written communication, strong negotiation and presentation skills

  • Professional Appearance

  • Must be willing to submit to a background check 

Offers of employment are contingent upon successfully passing a background screening including a criminal background check, a review of motor vehicle records, and verification of social security number.

Skills Required

  • Knowledge of dealership finance and insurance procedures
  • Excellent verbal and written communication skills
  • Strong negotiation and presentation skills
  • Professional personal appearance
  • Willingness to submit to a background check, including criminal background, motor vehicle records, and Social Security number verification
  • College degree or equivalent experience
  • Dealership management, automotive sales, retail sales, warranty processing, or customer service/support experience
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The Company
HQ: Minneapolis, MN
4,000 Employees
Year Founded: 1952

What We Do

Luther Automotive Group, founded in 1952 by Rudy Luther, is the largest family-owned group of automobile dealerships in the Upper Midwest. Representing over 27 automotive brands across 40+ retail locations and six states, the company is dedicated to providing a professional and personalized experience for its guests. They offer a comprehensive range of services, including new and used vehicle sales, automotive repair, parts, and collision services.

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