What are the responsibilities and job description for the Finance and Insurance (F&I) Manager position at Davis Chevrolet?
Job Summary: A Finance and Insurance (F&I) Manager is responsible for helping customers finance their vehicle purchase by working with lending agencies; they are also responsible for having a deep understanding of aftermarket options and warranties that can be purchased with the vehicle being sold.
About Us: The most effective job descriptions use this section to show why the company is a great place to work. Describe your company's values, culture, mission, and any awards the team has won. After reading this section, job seekers should understand how your business stands out against the competition.
Finance and Insurance (F&I) Manager Compensation and Benefits:
- Competitive Pay
- Flexible Working Hours
- Health Insurance
- PTO & Sick Leave
- 401(K)
- Compensation: $ - $
Finance and Insurance (F&I) Manager Responsibilities:
- Develop a comprehensive menu selling process to maximize the finance department’s overall profitability and product penetration
- Track portfolio with lenders
- Review and inspect the flow of the department’s paperwork on a daily basis to ensure a timely turnaround on all deals
- Ensure all deals are fully compliant with local, state, and federal guidelines
- Demonstrate commitment to supporting the sales department in achieving its goals
- Be an example of professional morals, ethics, and excellent customer service
- Work closely with sales team on enforcement of proper selling methods
- Set and maintain finance department work schedule
Finance and Insurance (F&I) Manager Requirements:
- Minimum high school diploma or GED equivalent
- Prior automotive experience preferred
- Excellent communication and customer service skills
- Professional appearance and work ethic
- Self-motivation
- Knowledge of regulatory and compliance requirements
- Ability to work within a fast-paced environment
- Clean driving record & valid driver’s license
Davis Chevrolet is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.