Finance and Insurance Manager

Reeder Chevrolet • Knoxville, TN

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 is also responsible for following up on and collecting receivables. The dealership describes itself as committed to an exceptional car-buying and service experience and offers a positive, professional work environment, aggressive pay plans, career advancement opportunities, and industry training.

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.
• Must be at least 18 years of age to apply.

Nice To Haves

• Prior automotive experience is preferred.

Responsibilities

• Establish and maintain positive working relationships with all sources of finance and insurance products, including factory sources.
• Submit proper documentation to obtain approval for all possible finance transactions.
• Work with sales management to establish and maintain a program that ensures 100% turnover to the Finance and Insurance department.
• Work with sales managers to secure a reasonable profit from each transaction.
• Establish a finance department forecast 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, including email addresses, is accurate in dealership databases.
• 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.

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
• Career advancement opportunities
• Industry training

What This Job Offers

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