Finance and Insurance Manager

Posted One Month Ago
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Mobile, AL, USA
In-Office
Mid level
Automotive • Retail
The Role
Manage dealership finance and insurance processes: secure vehicle financing, finalize contracts, sell F&I products (warranties, GAP, maintenance), ensure accurate documentation, follow up on receivables, maintain relationships with lenders, prepare penetration reports, and train/certify as directed.
Summary Generated by Built In

Finance and Insurance (F&I) Manager

 

We are a leading automotive dealership committed to providing an exceptional car-buying and service experience. We provide a positive, professional work environment, aggressive pay plans with career advancement opportunities, and the best training in the industry. 


Job Summary


The Finance and Insurance (F&I) Manager is responsible for helping customers secure financing, finalize sales contracts, and offering additional products like extended warranties, GAP insurance, and maintenance plans.  The F&I Manager is also responsible for following up on and collecting receivables.


Responsibilities:


  • Establish and maintain positive working relationships with all sources of finance and insurance products, factory and otherwise.
  • Submit proper documentation to obtain approval for all possible finance transactions.
  • Work with sales management to establish and maintain a program that will ensure a 100% turnover to the Finance and Insurance department.
  • Work with sales managers to secure a reasonable profit from each transaction.
  • Establish forecast for finance department in conjunction with sales department to achieve a desired percent of penetration and income.
  • Verify the accuracy of all title, lien information, taxes and other documents on customer paperwork.
  • Ensure accuracy of customer information in dealership databases (including e-mail addresses).
  • Forward completed deals to the accounting office in a timely manner.
  • Acquire licenses for selling insurance, if applicable.
  • Prepare monthly reports on finance penetration and products sold.
  • Keep sales management up to date regarding rates and products.
  • Complete all training certifications as directed by management.
  • Comply with all company policies, procedures and safety standards.
  • Other duties as assigned.

Qualifications:


  • Must be able to produce between $2500 - $3000 PVR with a proven track record.
  • Excellent communication and customer service skills.
  • Professional, well-groomed personal appearance.
  • Self-motivated with the ability to set and achieve targeted goals.
  • Knowledge of regulatory and compliance requirements.
  • Ability to work within a fast-paced environment.
  • Clean driving record and valid driver’s license.
  • Prior automotive experience preferred.

 

We offer best in class industry benefits:

  • Competitive pay 
  • Medical, Dental and Vision Plans
  • Paid Holidays & PTO
  • Short and Long-Term Disability
  • Paid Life Insurance
  • 401(k) Retirement Plan
  • Vehicle Purchase Discounts
  • Employee Discounts on Parts and Service Repairs
  • Aggressive Employee Referral Program with Bonus Opportunities

 

You must be at least 18 years of age to apply.  We are an equal opportunity employer and a drug-free workplace.


Skills Required

  • Produce $2500 - $3000 PVR with proven track record.
  • Excellent communication and customer service skills.
  • Professional, well-groomed personal appearance.
  • Self-motivated with ability to set and achieve targeted goals.
  • Knowledge of regulatory and compliance requirements.
  • Ability to work within a fast-paced environment.
  • Clean driving record and valid driver’s license.
  • Acquire licenses for selling insurance, if applicable.
  • Complete training certifications as directed by management.
  • Prior automotive experience.
  • Must be at least 18 years of age to apply.
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The Company

What We Do

Hyundai of Mobile is a franchised Hyundai dealership located in Mobile, Alabama. They offer a comprehensive selection of new and pre-owned Hyundai vehicles, along with professional automotive maintenance and repair services provided by certified technicians. Dedicated to serving the Mobile community and surrounding areas, the dealership focuses on providing exceptional automotive experiences and personalized customer care.

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