What are the responsibilities and job description for the Finance & Insurance (F&I) Manager position at Deery Brothers Inc.?
Job Title: Finance & Insurance Manager
Location: Burlington, IA
Salary: Competitive base salary commission/bonus structure
Job Type: Full-time
About Us:
We pride ourselves on delivering exceptional customer service while providing a wide range of automotive options to our valued customers. As a growing dealership, we're looking to expand our team by hiring an experienced Finance & Insurance (F&I) Manager who is passionate about automotive finance and helping customers find the best financing solutions.
Position Overview:
As the F&I Manager, you will play a key role in the sales process by offering financing options and products to customers while ensuring a smooth, positive experience. You will work closely with our sales management team to offer financing solutions that match customer needs, ensuring all legal and compliance requirements are met. Your ability to build relationships and offer tailored financial products will contribute directly to the dealership’s success.
Key Responsibilities:
- Work directly with customers to understand their financing needs and provide customized solutions.
- Present and sell a range of financing products, including vehicle protection plans, ancillary, and aftermarket products.
- Process financing and lease applications with lenders, ensuring all necessary documentation is completed and submitted.
- Maintain compliance with all state, federal, and dealership regulations regarding financing and insurance.
- Build and maintain relationships with lenders, ensuring the best possible rates and terms for customers.
- Assist with customer questions regarding their finance options, interest rates, and loan terms.
- Meet and exceed monthly finance goals and targets.
- Ensure that all contracts and paperwork are completed accurately and promptly.
- Stay up to date with industry trends, product knowledge, and compliance regulations.
- Professional Development of self as well as continuous growth of those around you.
Qualifications:
- Proven experience as an F&I Manager or in an automotive finance role.
- Strong knowledge of finance products, services, and compliance regulations.
- Excellent communication and interpersonal skills, with a customer-first approach.
- Ability to work in a fast-paced, high-pressure environment.
- Strong organizational and problem-solving skills.
- Detail-oriented with a focus on accuracy.
- High school diploma or equivalent (bachelor’s degree in finance or related field is a plus).
- Previous dealership experience is preferred.
- Ability to work as a team and perform team building exercises.
Why Join Us?
- Competitive compensation package with base salary and commission structure.
- Health, dental, and vision insurance.
- Paid time off and holidays.
- 401(k) with company match.
- Opportunities for growth and advancement within the dealership.
How to Apply:
If you're an experienced F&I Manager looking for an exciting new opportunity, we’d love to hear from you!