What are the responsibilities and job description for the Finance & Insurance Manager position at PSTC?
Position Summary - Manages and coordinates new and used truck buyers financing and insurance programs.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
- Offering customers finance options with A credit scores (20%) through subprime credit scores (80%).
- Securing competitive financing by accurately and quickly selecting a lender that best fits the criteria of the Finance Department.
- Selling and explaining insurance, extended warranty information and aftermarket products to customers and prospects.
- Promoting insurance, extended warranty and aftermarket products through cold calling, direct solicitation, telemarketing and mailers.
- Preparing and/or collecting loan and leasing documents, DMV paperwork and other documents required by state and federal agencies to complete the financial arrangements for funding and delivery.
- Attending weekly sales meetings, sales calls, networking events, and trade shows to increase customer awareness.
- Creating and maintaining a program with the sales department that will ensure all new and used sales are referred to the F&I department.
- Maintaining current knowledge of all finance, lease, insurance, extended warranty and aftermarket products and disseminating information to sales team members promptly.
- Maintaining current knowledge of all local, state and federal regulations affecting dealership operations, particularly regarding sales and finance departments.
- Monitoring the application system’s performance (TRNSACT) and identifying opportunities for enhancements to increase productivity.
- Assisting in the processing of Accounts Payables & Account Receivables.
- Practicing strict legal compliance and always upholding the values of the company.
Qualifications -
To perform this job successfully, an individual must be able to perform each essential satisfactorily. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Four-year finance degree or experience in banking, insurance or dealership environment.
General Experience
Minimum of four years related experience and/or training
An equivalent combination of education and experience is acceptable
Specific Experience
Knowledge of dealership finance and insurance procedures
Professional Appearance
Certificates, Licenses, Registrations
You must secure a Property & Casualty license within 12 months after the hire date.
You must secure a Notary Public license within 12 months after the hire date.
**Applicants only - NO RECRUITERS**
