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Finance and Insurance Manager (F&I)
Southern Auto Group Chesapeake, VA
$62k-89k (estimate)
Full Time | Consumer Services 3 Months Ago
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Southern Auto Group is Hiring a Finance and Insurance Manager (F&I) Near Chesapeake, VA

Job Description

The Finance and Insurance (F&I) Manager coordinates all activities regarding finance and insurance for our valued customers, which includes working to help customers obtain financing, preparing all associated documentation, and selling extended service contracts and additional protection products. He or she ensures all deals are done in a timely manner and according to all legal requirements and dealership policies. The F&I Manager will be responsible for preparing and ensuring the accuracy of legal documents, selling products and services to new and used vehicle customers, and enhancing the customer experience while achieving maximum profitability.

The ideal candidate has a degree in Finance or a related field and two or more years of finance and insurance experience. Candidates must have a positive attitude, a confident and outgoing personality, a professional appearance, strong business acumen and sales aptitude, great communication skills, and the ability to deliver world class customer service.

RESPONSIBILITIES

  • Offers vehicle financing and insurance to customers and provides them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies
  • Works with customers to obtain financing through lenders on vehicle purchases in conformance with state and federal law
  • Prepares all state and federal documents regarding vehicle purchases in a timely manner and in accordance with established laws and procedures
  • Maintains good working relationships with lending institutions to secure competitive interest rates and financing programs
  • Works with the Sales team to ensure all new sales are referred to the F&I department and that the Sales team has information on finance and lease programs and understands the benefits of the dealership’s financing and extended service programs
  • Understands and complies with all federal, state, and local regulations
  • Performs other duties as assigned

QUALIFICATIONS

  • College degree in a relevant field
  • Two years of relevant experience required
  • Negotiation expertise
  • Strong and confident personality
  • Highly professional and dependable
  • Excellent communication, customer service, and problem solving skills, including the ability to maintain composure under stress
  • Excellent interpersonal skills to interact professionally with customers, vendors, and staff
  • Strong organization skills, able to multi-task, and can manage time to meet frequently changing deadlines in a fast-paced environment
  • Strong math skills
  • Strong computer and internet skills

PHYSICAL DEMANDS 
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
The employee is frequently required to stand, walk, reach with hands and arms, and talk or hear.

Company Description

The year was 1979 when the Southern Auto Group opened its first location in the Hampton Roads area. Today, this massive conglomerate has grown into 16 core dealerships located in Chesapeake, Newport News, Norfolk, and Virginia Beach. There are 15 new car brands that include: Chrysler, Jeep, Dodge, Ram Trucks, FIAT, Alfa Romeo, Chevrolet, Ford, Buick, GMC, Kia, Volkswagen, Nissan, Hyundai, and Acura. Plus, state-of-the-art Collision Centers, a Pre-owned Car and Truck Liquidation Outlet, and over 700 employees on its payroll.

Due to a consistent increase in business, the dealerships are always looking for qualified candidates to fill a variety of positions. In addition to the vast opportunities we have available, you will find that management encourages and promotes advancement opportunities within each dealership.

Take advantage of this opportunity to work for one of the Largest Auto Groups in Hampton Roads!

Discover more about our organization at DrivingSouthern.com. Or check out our Facebook page at www.facebook.com/SouthernAutoGroup.

We are an Equal Opportunity Employer. All applicants will be considered without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity, or any other protected characteristic.

Benefits
  • Health Insurance 
  • Health Savings Account
  • Medical GAP Insurance
  • Dental
  • 401(k) Retirement Plan - John Hancock
  • Paid Vacation
  • Paid Birthday Off
  • Paid Holidays
  • Employer Paid Basic Life & AD&D Benefit
  • Short Term and Long Term Disability (Voluntary Benefit)
  • Accident Solution Plan (Voluntary Benefit)
  • Life Insurance (Voluntary Benefit)
  • Cancer Protection Insurance (Voluntary Benefit)
  • MASA Medical Transport Solutions (Voluntary Benefit)
  • Employee Car Buying Program 
  • Direct Deposit

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$62k-89k (estimate)

POST DATE

03/27/2023

EXPIRATION DATE

05/21/2024

HEADQUARTERS

PALMVIEW, TX

SIZE

50 - 100

FOUNDED

2015

CEO

JOHN TWOHIG

REVENUE

$10M - $50M

INDUSTRY

Consumer Services

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The job skills required for Finance and Insurance Manager (F&I) include Wholesale, Products and Services, Communication Skills, Business Acumen, Retirement Plans, etc. Having related job skills and expertise will give you an advantage when applying to be a Finance and Insurance Manager (F&I). That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Finance and Insurance Manager (F&I). Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Finance and Insurance Manager (F&I) positions, which can be used as a reference in future career path planning. As a Finance and Insurance Manager (F&I), it can be promoted into senior positions as an Estate Planning Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Finance and Insurance Manager (F&I). You can explore the career advancement for a Finance and Insurance Manager (F&I) below and select your interested title to get hiring information.

If you are interested in becoming a Finance and Insurance Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Finance and Insurance Manager for your reference.

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