What are the responsibilities and job description for the Manager of Insurance and Finance (F&I) position at Get It - Finance?
Job Overview
We are seeking a dynamic and customer-oriented Finance and Insurance (F&I) Manager to join our dedicated team. In this pivotal role, you will facilitate customers in navigating the financial and insurance components of their vehicle purchases, ensuring they receive optimal financing options and comprehensive protection plans, all while adhering to industry standards and regulatory requirements.
Key Responsibilities
Joining our team offers exceptional opportunities for professional development and career advancement within a reputable organization committed to nurturing talent and fostering growth.
Company Culture and Values
We pride ourselves on cultivating an inclusive and people-centric workplace. We are dedicated to diversity in our hiring practices and actively support initiatives that promote an equitable work environment.
Compensation And Benefits
We are seeking a dynamic and customer-oriented Finance and Insurance (F&I) Manager to join our dedicated team. In this pivotal role, you will facilitate customers in navigating the financial and insurance components of their vehicle purchases, ensuring they receive optimal financing options and comprehensive protection plans, all while adhering to industry standards and regulatory requirements.
Key Responsibilities
- Engage with customers to assess their financing and insurance requirements, providing clear, accurate, and valuable information to support their decision-making process.
- Collaborate with financial institutions to secure advantageous financing arrangements, including competitive interest rates and flexible payment options.
- Present and articulate a variety of insurance offerings, such as extended warranties and gap insurance, tailored to the distinct needs of each customer.
- Diligently prepare and process all necessary documentation related to vehicle sales, financing, and insurance, ensuring compliance with dealership protocols and legal stipulations.
- Uphold adherence to all federal, state, and local regulations concerning financial and insurance transactions, in alignment with company policies.
- Strive to meet and exceed both individual and team sales objectives for finance and insurance products.
- Maintain systematic and accurate records of all transactions, ensuring accessibility for audits and reviews.
- Collaborate effectively with the sales team to enhance customer experience and streamline the vehicle buying process.
- Demonstrable experience in a finance or F&I Manager capacity, preferably within the automotive sector.
- Strong negotiation and sales acumen, with the capability to convey complex financial information in an understandable manner.
- Comprehensive understanding of automotive financing, insurance products, and relevant compliance standards.
- Exceptional verbal and written communication skills, capable of fostering robust relationships with customers and financial partners.
- Proficient in Microsoft Office Suite and familiar with dealership management software.
- Keen attention to detail and a commitment to ensuring financial accuracy and customer satisfaction.
- A minimum of 3-5 years of experience in finance or F&I management, ideally in the automotive industry.
- Bachelor's degree in Finance, Business Administration, or a related field is preferred.
Joining our team offers exceptional opportunities for professional development and career advancement within a reputable organization committed to nurturing talent and fostering growth.
Company Culture and Values
We pride ourselves on cultivating an inclusive and people-centric workplace. We are dedicated to diversity in our hiring practices and actively support initiatives that promote an equitable work environment.
Compensation And Benefits
- Health, dental, and vision insurance
- Life insurance options
- Short-term and long-term disability insurance
- 401(k) plan with company match
- Paid time off and holiday leave
- Opportunities for professional development and career advancement
