F&I Manager LHM Volkswagen Lakewood
About The Position
Asbury Automotive Group is a Fortune 500 company and one of the largest franchised automotive retailers in the United States. They are redefining the traditional dealership model through innovative technologies and a commitment to their team members, guests, and partners. Their culture focuses on becoming the Most Guest Centric Automotive Retailer, promoting a fun, supportive, and inclusive environment. The Finance & Insurance Manager's primary responsibility is to manage the financial transaction of the vehicle buying experience for each customer of the dealership. This involves working with lenders to obtain bank approvals, producing financial paperwork, and consulting the staff on DMV laws. The role requires building rapport with customers, consulting and selling finance & insurance warranties, producing and submitting accurate paperwork for title work and funding, and achieving monthly objectives. The F&I Manager is responsible for meeting deadlines for turning in customer paperwork, securing and handling customer money, and adhering to all local and national regulations, advising the sales team on relevant laws. They will also partner with service advisors to assist customers with purchasing extended warranties and maintain an impeccable reputation with lenders and vendors. The role requires giving a proper finance and insurance menu presentation, assisting sales professionals with explaining lending options and warranties, and building relationships with bank and manufacturer representatives.
Requirements
- Prior automotive sales consultant experience required; 1-3yrs
- Advanced computer skills with Microsoft Office products and dealership management systems.
- Detail oriented and can stay organized in a fast pace environment.
- Strategic thinker that will strive to find a solution for every customer when needed.
- Self-motivated and a team player.
- Ability to understand tag and title laws; DMV.
- Must be able to pass pre-employment screenings (background & drug test).
Nice To Haves
- Bachelor's Degree in Business Administration, Marketing, Finance or in a related field preferred.
- MBA a plus!
- Track record of impeccable customer service ratings.
Responsibilities
- Manage the financial transaction of the vehicle buying experience for each customer of the dealership.
- Work with lenders to obtain bank approvals for car purchases.
- Produce the financial paperwork and consult the staff on DMV laws.
- Work directly with the sales team and customers to assist in the financial buying process of the car buying experience.
- Build rapport with customers to build a base of referrals to establish customer network.
- Consult and sell finance & insurance warranties to customers.
- Produce and submit accurate paperwork for title work and to secure funding from finance sources in a timely manner.
- Achieve monthly objectives.
- Responsible for meeting deadlines for turning in customer paperwork to lenders and accounting.
- Responsible for securing and handle customer money during vehicle transaction; turn money into accounting.
- Adhere to all local and national regulations and advise the sales team on new and recently changed state laws associated with purchasing a vehicle.
- Partner with service advisors to assist customers with purchasing extended warranties when needed.
- Create and maintain customer relationships.
- Maintain impeccable reputation with lenders and vendors.
- Give a proper finance and insurance menu presentation explaining warranty packages.
- Assist sales professionals with customers when needed to explain lending options and warranties.
- Build relationships with local and national bank and manufacturer representatives and meet with them monthly.
Benefits
- Semi-monthly pay
- Paid holidays & paid time off
- Paid training
- Stock Awards (select management and front-line team members eligible)
- Medical insurance
- Vision insurance
- Dental insurance
- Accident insurance
- Critical illness insurance
- Hospital indemnity plans
- Up to 12 weeks paid pregnancy leave (disability leave)
- Paid Parental Leave
- Health savings accounts
- Flex spending accounts (tax-free)
- Short-term disability plans
- Long-term disability plans
- Life Insurance (Whole Life and Term)
- 401k with company match
- Pet Insurance
- Digital career path tool to assist with career development
- Continuous training through Asbury's Internal Learning Management System
- Professional growth and development opportunities.
- Technician Student loan relief resources
- Employee assistance program
- Employee discounts on parts and service repairs
- Scholarship awards
- Opportunities to join our community service initiatives, which includes paid volunteer hours
- Employee referral program with bonus opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Manager
