Finance and Insurance Manager
About The Position
The Finance and Insurance Manager plays a crucial role in the automotive dealership by overseeing the finance and insurance department to maximize profitability and ensure compliance with industry regulations. This position is responsible for developing and implementing effective strategies that align with the dealership's overall objectives, focusing on insurance products and financing options for customers. The manager will work closely with sales staff to enhance their understanding of product pricing and sales volume targets, ultimately driving sales performance. The end result is a well-functioning finance and insurance department that contributes significantly to the dealership's success and customer satisfaction.
Requirements
- Bachelor’s degree in Finance, Business Administration, or a related field.
- Minimum of 3 years of experience in finance and Insurance management within an automotive dealership.
- Essential skills in insurance products and sales objectives are essential for developing effective strategies that drive revenue in the finance and insurance department.
- Strong Knowledge of automotive dealership operations and dealer management.
Nice To Haves
- Certification in finance and insurance management
- Experience with dealership management software and CRM systems.
- Familiarity with dealership management software will streamline operations and improve efficiency in managing customer transactions.
Responsibilities
- Overseeing the finance and insurance department to maximize profitability and ensure compliance with industry regulations.
- Developing and implementing effective strategies that align with the dealership's overall objectives, focusing on insurance products and financing options for customers.
- Working closely with sales staff to enhance their understanding of product pricing and sales volume targets, ultimately driving sales performance.
- Analyzing sales volume data to identify trends and opportunities for improvement, ensuring that the dealership meets financial goals.
- Training and supporting sales staff, enhancing their ability to sell financing and insurance products.
- Creating competitive offers that attract customers while maintaining profitability.
Benefits
- Competitive, above market compensation
- Medical, Dental and Vision benefits
- 401k with company match
- Company paid Basic Life, AD&D and Long-term Disability
- Paid Time Off
- Preferred Vehicle Purchase Programs
- Positive and professional work environment
- Career growth and promotion opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
