Finance & Insurance Manager (F&I)

Confidential • Full-time • Warren, Michigan, United States • $135k - $250k / year • 1m ago

A thriving automotive dealership in Warren, MI is seeking an experienced Finance and Insurance Manager (F&I) to join our team.

The F&I Manager is responsible for providing excellent customer service while helping customers choose products that protect their vehicle purchase. In addition, this individual works with lenders to obtain financing approval and completes all vehicle purchases and associated paperwork accurately and on time. The F&I Manager is responsible for following up on and collecting receivables.

Compensation Package:

Health insurance
Dental and Vision Insurance
Company-Paid Life Insurance
401(k)
Paid Holidays & Vacations
Great Training/Development Opportunities

Duties include but are not limited to:

You will partner with sales management to move deals effectively through the purchase process.
Ensure financing for customers by building professional relationships with lenders and collaborating with them to get the best financing available for our customers.
Submit deals to bank electronically using appropriate dealer system.
Process all transaction paperwork and ensure it is accurate and meets the needs of the Office, state specific DMV and lender requirements.
Track deal receivables and follow-up on outstanding items to ensure collection of all money and bank stipulations for contract funding.
Help customers choose protection packages for their vehicle by presenting all products and their benefits.
Follow-up with customers as courtesy reminder for purchased products requiring customer action.
Prepare all federal and state required paperwork for financial transactions and work closely with corporate finance team.
Maintain accurate monthly performance reporting.

Qualifications: