Finance & Insurance Manager

Fox Buick GMC•Farmington, MI

20h•$75,000 - $175,000•Onsite

About The Position

Fox Motors has a Finance & Insurance Manager opening in Farmington Hills, MI at Fox Buick GMC. You would contribute to our overall vision, "Working together moving people throughout life," by developing and maintaining trust with our customers that will build long-term relationships. KEY RESPONSIBILITIES The Finance & Insurance Manager oversees all financial transactions for vehicle purchases. As the Finance & Insurance Manager you are responsible for credit decisions, producing additional revenue for the dealership by selling finance and insurance programs and other appropriate after-sale items, and submitting deals and financial paperwork to our financial partners. Fox Motors is looking for a Finance & Insurance Manager that is people-focused, an energetic self-motivator, and has a proven history as a top performer. If you are ready to put your career in gear, Apply Now! Key responsibilities include the following. Others may be assigned. Sells financing and credit life, accident, and health insurance to customers. Provides customers with thorough explanation of aftermarket products and extended warranties. Converts cash deals to finance. Establishes and maintains good working relationships with several finance sources, including the manufacturer. Processes finance and lease deals accurately and fairly through financial sources to secure approval. Processes all federal, state, and dealer paperwork related to vehicle transaction. Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments. Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner. Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting. Acquires and maintains current state insurance license, completing continuing credit insurance education as needed. Ensures collection of all finance and insurance fees. Works closely with sales manager to establish sales department goals and objectives and ensures that they are achieved.

Requirements

Two to four years related experience and/or training; or equivalent combination of education and experience.
Ability to set and achieve targeted goals.
Ability to drive an exceptional customer experience.
Excellent communication and organization skills.

Responsibilities

Sells financing and credit life, accident, and health insurance to customers.
Provides customers with thorough explanation of aftermarket products and extended warranties.
Converts cash deals to finance.
Establishes and maintains good working relationships with several finance sources, including the manufacturer.
Processes finance and lease deals accurately and fairly through financial sources to secure approval.
Processes all federal, state, and dealer paperwork related to vehicle transaction.
Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
Ensures collection of all finance and insurance fees.
Works closely with sales manager to establish sales department goals and objectives and ensures that they are achieved.