Finance & Insurance (F&I) Manager

Posted Yesterday
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Salem, OR, USA
In-Office
Senior level
Automotive
The Role
Manage dealership finance and insurance processes: develop menu selling, work with lenders, ensure compliance, inspect paperwork, support sales team, maintain schedules, and maximize F&I profitability and product penetration while delivering professional customer service.
Summary Generated by Built In

A Finance and Insurance (F&I) Manager is responsible for helping customers finance their vehicle purchase by working with lending agencies; they are also responsible for having a deep understanding of aftermarket options and warranties that can be purchased with the vehicle being sold.

Responsibilities

  • Develop a comprehensive menu selling process to maximize the finance department’s overall profitability and product penetration
  • Track portfolio with lenders
  • Review and inspect the flow of the department’s paperwork on a daily basis to ensure a timely turnaround on all deals
  • Ensure all deals are fully compliant with local, state, and federal guidelines
  • Demonstrate commitment to supporting the sales department in achieving its goals
  • Be an example of professional morals, ethics, and excellent customer service
  • Work closely with sales team on enforcement of proper selling methods
  • Set and maintain finance department work schedule 

Qualifications

  • Minimum high school diploma or GED equivalent
  • Prior automotive experience preferred
  • Excellent communication and customer service skills
  • Professional appearance and work ethic
  • Self-motivation
  • Knowledge of regulatory and compliance requirements
  • Ability to work within a fast-paced environment
  • Clean driving record & valid driver’s license

Day 1 Auto Group is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.

Skills Required

  • Minimum high school diploma or GED equivalent
  • Prior automotive experience
  • Excellent communication and customer service skills
  • Professional appearance and work ethic
  • Self-motivation
  • Knowledge of regulatory and compliance requirements
  • Ability to work within a fast-paced environment
  • Clean driving record & valid driver's license
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The Company
0 Employees
Year Founded: 2024

What We Do

Day 1 Auto Group is a professional automotive retail business operating full-service dealerships, including Mazda of Salem in Salem, Oregon. The company is dedicated to revolutionizing the car buying experience through its growing two-store retail network and specialized vehicle purchasing services provided by DAG Auto Brokers, specializing in the retail and wholesale acquisition of vehicles to ensure a smooth and efficient process for all customers.

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