Finance & Insurance Intern
Job Location:
Houston, TX - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
At Group 1 our commitment is to keep finding smarter ways to serve our customers and support one another. We believe great careers are built in environments where people are trusted challenged and given room to grow. If you share our core values of integrity transparency professionalism teamwork and respect you can get more with Group 1. More opportunity. More support. More ways to build a career that moves you forward.
Group 1 Automotive Inc. is seeking a Finance & Insurance Intern to join our Finance & Insurance team. The Finance & Insurance (F&I) team partners across the organization to provide financial insights reporting analysis and operational support that help drive informed business decisions and support the Companys overall financial performance.
F&I is an important part of Group 1 Automotives dealership operations supporting the vehicle sales process by helping customers navigate financing options and vehicle protection products while ensuring transactions meet Company and regulatory requirements. The F&I team partners closely with dealership leadership sales teams financial institutions and other business functions to support a seamless customer experience strengthen operational performance and contribute to the overall profitability of the dealership.
For an intern exposure to F&I provides a unique opportunity to understand how finance sales customer experience compliance and dealership operations intersect within automotive retail.
Functions in F&I include:
Secures Financing: The F&I manager submits the credit application to banks credit unions and lenders to secure auto loan or lease.
Completes Paperwork: Prepare and finalize legal contracts title documents DMV forms and loan agreements.
Ensures Compliance: Follow state and federal consumer protection laws such as the Truth in Lending Act to keep the sale legal.
Sells Add-On Products: Present optional aftermarket protection plans and packages which generate major profit for the dealership
Reporting into Senior Manager F&I this internship provides an opportunity to gain hands-on experience within a large publicly traded organization while developing practical skills in financial analysis reporting budgeting forecasting and financial operations. The intern will work alongside experienced finance professionals contribute to ongoing projects and initiatives and gain exposure to how financial data and insights are used to support business strategy and decision-making.
- Assist withlender and provider cost analysis.
- Conduct research on industry trends and market dynamics.
- Participate in ad-hoc projects and initiatives as assigned by the finance team.
- Junior status currently pursuing a degree in Finance Accounting Economics or related field.
- Preferred Minimum of a 3.00 cumulative GPA
- Strong analytical and problem-solving skills
- Detail-oriented with excellent organizational abilities.
- Proficiency in Microsoft Excel and other MS Office applications
- Excellent communication and interpersonal skills
- Ability to work independently and as part of a team.
Required Experience:
Intern
About Company
Group 1 Automotive is one of the largest dealership groups in the US offering new & used cars from makes like Honda, Toyota, Nissan, Jeep, Ford, and more.
