Finance and Insurance Manager

Brooksville Ford • Brooksville, FL

4d

About The Position

The Finance and Insurance (F&I) Manager helps customers secure financing, finalize sales contracts, and select additional products such as extended warranties, GAP insurance, and maintenance plans. The role also includes following up on and collecting receivables. The manager works with dealership sales management and finance and insurance providers to support transactions, maintain department performance, and ensure paperwork and customer records are accurate and complete.

Requirements

• 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 in a fast-paced environment.
• Clean driving record and valid driver’s license.
• At least 18 years of age.

Nice To Haves

• Prior automotive experience is preferred.

Responsibilities

• Establish and maintain positive working relationships with finance and insurance product sources, including factory sources.
• Submit proper documentation to obtain approval for possible finance transactions.
• Work with sales management to establish and maintain a program ensuring 100% turnover to the Finance and Insurance department.
• Work with sales managers to secure reasonable profit from each transaction.
• Establish finance department forecasts with the sales department to achieve desired penetration and income.
• Verify the accuracy of title and lien information, taxes, and other customer paperwork.
• Ensure customer information in dealership databases, including email addresses, is accurate.
• 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 training certifications as directed by management.
• Comply with company policies, procedures, and safety standards.
• Perform other duties as assigned.
• Follow up on and collect receivables.

Benefits

• Competitive pay
• Medical, dental, and vision plans
• Paid holidays and PTO
• Short- and long-term disability
• Paid life insurance
• 401(k) retirement plan
• Vehicle purchase discounts
• Employee discounts on parts and service repairs
• Employee referral program with bonus opportunities

What This Job Offers

• Job Type: Full-time
• Education Level: No Education Listed