Automotive F&I Manager (Finance and Insurance Manager)

Berglund AutomotiveRoanoke, VA
$80,000 - $175,000Onsite

About The Position

Berglund Automotive is seeking experienced Automotive F&I Managers to join our group in Roanoke, VA. Successful candidates will play a crucial role in driving our finance and insurance operations, ensuring compliance, and delivering exceptional customer service. This is a commission-based opportunity with uncapped earning potential. While many successful team members earn $80,000 to $175,000 annually, top performers can exceed this range through strong sales performance and customer relationships.

Requirements

  • Proven experience as an Automotive F&I Manager or similar role in the automotive industry.
  • Strong knowledge of finance, insurance products, and lending processes.
  • Excellent communication, negotiation, and customer service skills.
  • Ability to work well under pressure and meet sales targets.
  • Familiarity with relevant state and federal regulations related to automotive finance and insurance.
  • High school diploma or equivalent required; additional education or certification in finance or insurance is a plus.

Responsibilities

  • Present and explain F&I products and services to customers during the vehicle purchase process.
  • Prepare and process finance contracts, lease agreements, and insurance documents accurately and timely.
  • Work closely with lending institutions to secure financing solutions that meet customer needs.
  • Maintain thorough knowledge of applicable laws, regulations, and dealership policies to ensure compliance.
  • Build strong relationships with customers to provide a positive buying experience and encourage repeat business.
  • Train and mentor junior staff on F&I processes and procedures when necessary.
  • Meet or exceed departmental sales and compliance goals on a consistent basis.
  • Handle customer questions and resolve any issues related to finance and insurance products.

Benefits

  • Competitive salary ranging from $80,000 to $175,000 per year, paid semi-monthly.
  • Comprehensive health, dental, and vision insurance plans.
  • 401(k) retirement plan.
  • Paid time off and holiday pay.
  • Employee discounts on vehicle purchases and services.
  • Professional development and training opportunities.
  • Supportive and dynamic work environment.
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