FINANCE AND INSURANCE MANAGER

Job Description

Job Description

Finance and Insurance (F&I) Manager job description

Landers Ford is looking for the best of the best! We have an immediate opening in our Collierville location for a Finance Manager. We are looking for experienced, motivated and enthusiastic candidates that want to be a part of the Landers Family.

By working at a Ford dealership, you can be a part of a brand that honors the past, and is invested in the future. Join the Ford Family where we value service to each other and the world as much as to our customers!

Benefits : Competitive Pay

Flexible Working Hours

Health Insurance

PTO & Sick Leave

Requirements :

Automotive sales background preferred

Excellent customer service, organizational and negotiation skills

Self-motivated, goal-oriented, and enthusiastic presence in a team environment

Strong written and communication skills

Valid driver's license required and clean driving record

Ability to pass a background check and drug test

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.

A Finance and Insurance (F&I) Manager is responsible for overseeing the financing and insurance department, primarily within the automotive or heavy equipment dealership industries.

They play a crucial role in helping customers secure financing for their purchases and explaining and selling various financial and insurance products.

Key responsibilities

Key responsibilities include interacting with customers to determine their financing and insurance needs, explaining options, and ensuring satisfaction. F&I Managers handle financing operations such as processing credit applications, preparing documentation, establishing relationships with lenders, securing competitive terms, and ensuring compliance.

They also focus on sales and training, presenting and selling F&I products, and training the sales team on financing options and product benefits. Compliance and administration are also key, ensuring all activities comply with regulations and maintaining accurate records.

Qualifications and skills

Essential skills include strong mathematical and finance abilities, excellent communication, knowledge of financial compliance, analytical and problem-solving skills, and advanced negotiation and sales skills.

Experience in the automotive industry, leadership skills to train staff, and attention to detail are also important. A high school diploma or equivalent is typically required, with a bachelor's degree in finance or a related field often preferred.

Several years of automotive sales or finance experience and at least one year of managerial experience are usually desired.

Important considerations

The role requires a thorough understanding of the automotive retail industry, including sales practices, lending laws, and insurance products. F&I Managers must maintain a professional demeanor and provide excellent customer service while working independently and as part of a team in a fast-paced environment.