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
Specific Experience
Knowledge of dealership finance and insurance procedures
Professional Appearance
**Applicants only - NO RECRUITERS**
