Finance and Insurance Manager / F&I

Luther Hopkins Honda•Hopkins, MN

About The Position

The Finance and Insurance Manager helps customers arrange financing for vehicle purchases and presents additional products that enhance their vehicle and ownership experience. The role involves structuring profitable and collectible deals, managing lender submissions and approvals, making credit decisions, closing deals, preparing and delivering paperwork and contracts, ensuring regulatory compliance, auditing deals after sale, and expediting contract funding. The position also requires proficiency with title laws and registration processes, as well as maintaining required certifications.

Requirements

Knowledge of dealership finance and insurance procedures.
Excellent communication skills, including verbal and written communication.
Strong negotiation and presentation skills.
Professional personal appearance.
Willingness to submit to a background check, including criminal background, motor vehicle records, and Social Security number verification.

Nice To Haves

College degree or equivalent experience.
Experience in dealership management, automotive sales, retail sales, warranty processing, or customer service/support.

Responsibilities

Help customers arrange financing for their purchases and present additional products that enhance their vehicle and ownership experience.
Structure deals for maximum profitability and collectability.
Maintain proficiency with title laws and the registration process.
Maintain proficiency and certifications required for the position.
Desk deals, submit them to lenders for approval, make credit decisions, and close deals.
Ensure all deals comply with local, state, and federal guidelines.
Prepare paperwork and contracts and deliver deals.
Audit team deals after sale.
Ensure the expeditious funding of all contracts.