Finance and Insurance Manager

Posted 6 Days Ago
Be an Early Applicant
Knoxville, TN, USA
In-Office
Entry level
Automotive • Retail • Transportation
The Role
Manages dealership finance and insurance operations by securing customer financing, finalizing sales contracts, selling protection products, verifying documentation, coordinating with lenders and sales management, monitoring finance penetration and product performance, collecting receivables, ensuring regulatory compliance, and forwarding completed deals to accounting.
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:

  • Prior automotive experience preferred.
  • 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.

 

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

  • Prior automotive experience
  • 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
  • At least 18 years of age
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Knoxville, TN
Year Founded: 1912

What We Do

Reeder Chevrolet is a Chevrolet dealership in Knoxville, TN, that provides a wide selection of new and used Chevrolet vehicles, including cars, trucks, and SUVs. The company also offers GM-certified automotive service and repair, and sells genuine Chevrolet parts to ensure vehicles remain in optimal condition.

Similar Jobs

In-Office
37040, Clarksville, TN, USA
100K-100K Annually

General Motors Logo General Motors

Safety Data Analysis Engineer - AV Operational Safety and Issue Response (GPSSC)

Automotive • Big Data • Information Technology • Robotics • Software • Transportation • Manufacturing
Remote or Hybrid
United States
165000 Employees
160K-246K Annually

General Motors Logo General Motors

Sales Manager

Automotive • Big Data • Information Technology • Robotics • Software • Transportation • Manufacturing
Remote or Hybrid
United States
165000 Employees

Superhuman Logo Superhuman

Software Engineer

Artificial Intelligence • Information Technology • Machine Learning • Natural Language Processing • Productivity • Software • Generative AI
Remote or Hybrid
United States
1500 Employees
154K-214K Annually

Similar Companies Hiring

Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
174 Employees
Ford Energy Thumbnail
Automotive • Software • Energy • Utilities • Manufacturing • Renewable Energy
Glendale, Kentucky
55 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account