Finance and Insurance FI Manager
Finance and Insurance FI Manager
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$ 115000 - 150000
1 Vacancy
Job Description
Finance and Insurance (F&I) Manager Business Manager:
Job Title: Finance and Insurance (F&I) Manager/ Business Manager
Company Name: Classic Toyota
Compensation: $115000.00 $150000.00 per year
Job Location: Waukegan IL
Description of the F&I Manager/Business Manager Role:
To perform this job successfully an individual must be able to perform each essential duty satisfactorily. Establish and maintain customerfocused sales standards. Produce additional revenue for the dealership by selling finance and insurance products and other appropriate aftersales items to new and used vehicle customers.
Responsibilities of the F&I Manager/Business Manager:
- Work together with other members of the sales department to achieve the sales teams forecaster units
- Work with management team to maximize front and backend profit
- Complete F&I documents with customers
- Check all paperwork for correct title lien information taxes etc
- Protect dealership by enforcing all corporate policies & procedures
- Maintain knowledge of legal ethical and moral standards for the F&I department
- Establish and maintain good working relationships with financial institutions and vehicle manufacturers
- Maintain PVR and product penetration standards set by the management team
- Maintain Toyotas standards for data collection. Including but not limited to email capture rate
- Ensure salespeople are following dealership policies and procedures
- Ensure customer satisfaction ratings for the dealership meet or exceed the dealerships and Toyotas standards.
Requirements:
- Previous experience in finance and insurance management
- Strong negotiation skills
- Knowledge of regulatory requirements
- Excellent communication and leadership abilities
Benefits:
- Competitive salary
- Health insurance
- 401(k) plan
- Paid time off
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.
Required Experience:
Manager
Employment Type
Full-Time
