Finance & Insurance (F&I) Manager
Finance & Insurance (F&I) Manager
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1 Vacancy
Job Description
Who Are We
Are you ready to start a career leading a talented team to success with opportunities for outstanding performance and personal growth Do you want to work for a fun professional and forward thinking company that values exceptional customer service and high employee satisfaction Look no furtherMcDonald Auto Groupis the place for you!
We are a secondgeneration familyowned business that has been a part of the MidMichigan community for over 100 years with deep ties to Saginaw and the Saginaw Valley. We currently operate 9 franchised dealer brands across 5 locations employing over 200 dedicated team members. At McDonald Auto Group we strive to create a dynamic work environment where our employees enjoy coming to work and find fulfillment in their roles. We believe that our greatest asset is our people and only the best team members can deliver the exceptional customer service were known for.
Job Description
At McDonald Chevrolet Buick we are always looking for driven detailoriented individuals to join our team. We are currently seeking an experienced and motivated Finance & Insurance (F&I) Manager to enhance our customers purchasing experience. In this role you will be responsible for securing financing options offering valuable protection products and ensuring a smooth transaction process. Your goal is to provide our customers with comprehensive financing solutions while maintaining high levels of customer satisfaction and compliance.
Key Responsibilities:
- Facilitate financing options for customers ensuring a seamless and transparent process from purchase to delivery.
- Present and sell F&I products such as extended warranties GAP insurance service contracts and other protection plans.
- Build and maintain strong relationships with lenders to secure competitive financing rates for customers.
- Review and explain financing options loan terms and payment plans to customers ensuring they fully understand their obligations.
- Prepare complete and review all F&I paperwork accurately ensuring compliance with state and federal regulations.
- Optimize dealership profitability by effectively selling F&I products while maintaining customer trust and satisfaction.
- Monitor and manage the F&I departments performance metrics including product penetration rates and profit margins.
- Work closely with the sales team to coordinate the finalization of sales transactions.
- Ensure adherence to all compliance standards and regulations including disclosure requirements privacy laws and financial reporting.
- Develop and implement strategies to increase F&I product sales and overall dealership revenue.
- Stay current with industry trends and regulatory changes to ensure best practices in F&I operations.
Requirements:
- Proven experience as an F&I Manager or a similar role within the automotive industry.
- Strong knowledge of automotive financing insurance products and related services.
- Excellent communication and customer service skills with the ability to explain complex financial concepts in a clear and concise manner.
- Strong sales and negotiation skills with a focus on maximizing profitability.
- Detailoriented with a commitment to accuracy in documentation and compliance.
- Proficiency with CRM software dealership management systems and financial tools.
- Ability to build relationships with lenders and secure the best financing options for customers.
- Strong leadership skills with the ability to train and motivate a team.
- High level of integrity professionalism and ethical standards.
- Valid drivers license required.
If this sounds like an opportunity for you apply now!
Job Type: Fulltime
Pay: From $60000 per year
Benefits:
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Health savings account
- Paid time off
Schedule:
- 8 hour shift
- Weekends as needed
Supplemental Pay:
- Commission Pay
Work Location:In person
Required Experience:
Manager
Employment Type
Full-Time
