What are the responsibilities and job description for the F&I (Finance & Insurance) Manager position at Krause Auto Group?
Description of the role :
The F&I (Finance & Insurance) Manager is a vital member of the Krause Auto Group team located in the West Palm Area, Florida.
This role is responsible for managing and overseeing all aspects of finance and insurance operations in the dealership.
The F&I Manager will work closely with customers, sales staff, and lenders to ensure a seamless and efficient buying experience for customers and maximize profitability for the dealership.
Responsibilities :
- Offer exceptional customer service and build strong relationships with customers
- Assist customers in selecting the right financing options and insurance products
- Negotiate with lenders to secure the most favorable interest rates and terms for customers
- Complete all necessary paperwork and documentation accurately and efficiently
- Comply with all federal, state, and local regulations related to finance and insurance
- Train and educate sales staff on finance and insurance processes
- Monitor and analyze financial performance metrics to identify areas for improvement
Requirements :
Benefits :
About the Company :
Krause Auto Group is a renowned automotive dealership specializing in quality vehicles and exceptional customer service.
With multiple locations in the West Palm Area, Florida, we pride ourselves on our knowledgeable and dedicated team.
We are committed to providing our customers with a seamless and enjoyable car-buying experience while maintaining a positive and supportive work environment for our employees.
The Krause Auto Group has been in business for over 30 years, and we contribute our longevity to our focus on both customer and employee satisfaction.
Our employees are not just a number.
We acknowledge and support every employee regardless of position and care for everyone individually.
We love to help people grow, promote from within, and celebrate individual success stories! We offer great opportunities to grow with our company portfolio which consists of 12 brands (BMW, Mercedes, Ford, Lincoln, Hyundai, Genesis, Lamborghini, Aston Martin, Rolls Royce, Koenigsegg, Mclaren, and Lotus) across 4 states (Georgia, South Carolina, North Carolina, and Florida)
What we offer :
Responsibilities
Provide recommendations and assistance to customers in order to arrange the financing of their purchases.
Present customers with additional product offerings to enhance their vehicle and ownership experience
Ensure sales are structured to produce the highest profitability
Maintains proficiency and certifications as required for the position
Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
Ensure every deal is fully aligned with local, state and federal guidelines
Prepares paperwork, contracts and delivers deals
Accurately audit team deals Post-Sale and deeply analyze for improvements
Guarantee the expeditious funding of all contracts
Qualifications
Eagerness to improve
College degree preferred or equivalent experience
Knowledge of dealership finance and insurance procedures
Proficient at structuring deals for maximum profitability
Well-versed in title laws and registration process
Professional personal appearance and extraordinary verbal / written communication skills
Expertise in negotiation and presentation skills
Valid driver’s license
We are an equal opportunity employer and prohibit discrimination / harassment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Salary : $125,000 - $250,000
