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Finance and Insurance Specialist

4 months ago

Williamsville, United States Great Lakes Motor Corp Full time
Job DescriptionJob Description

Job Title: Finance & Insurance Specialist

SUMMARY

Controls the Sale: The F&I specialist’s job is to help secure each sale and ensure that every vehicle sold is delivered.

ESSENTIAL DUTIES

Essential Duties include the following. Other duties may be assigned.

  • Generates additional income through the sales of credit insurance, vehicle service contracts, GAP coverage, and maintenance plans.
  • Maintains control of all paperwork until it is ready to be turned into the general office.
  • Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.
  • Converts cash deals to finance.
  • Processes finance and lease deals accurately and fairly through financial sources to secure approval.
  • Conducts business in an ethical and professional manner.
  • Processes all federal, state, and dealer paperwork related to vehicle transaction.
  • Understands and complies with federal, state, and local regulations that affect the new- and used-vehicle and finance departments.
  • Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
  • Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
  • Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
  • Works with sales managers to secure a reasonable profit from every sale.
  • Ensures collection of all finance and insurance fees.
  • Takes credit applications.
  • Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
  • Maintains a professional appearance.
  • Maintains a clean and professional work environment.

MARGINAL DUTIES

Marginal Duties include the following. Other duties may be assigned.

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities

QUALIFICATIONS

A successful F&I specialist needs the product knowledge, professionalism, and empathy that customers look for today. Communication is extremely important in a business department as it contributes to team building with sales and the General Office.

Job Type: Full-time or part-time Starting Pay: $20.00 per hour

Benefits:

  • 401(k) matching (full-time)
  • Dental insurance (full-time)
  • Employee discount
  • Health insurance (full-time)
  • Paid time off
  • Vision insurance (full-time)

Schedule:

  • 8 to 9 hour shift
  • Monday to Saturday
  • Day off during the week Supplemental pay types:
  • Bonus opportunities
  • Buffalo, NY 14221: Reliably commute or planning to relocate before starting work (Required)

License/Certification:

  • Driver's License

Work Location: In person