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Automotive Finance and Insurance Manager
1 month ago
BMW of Myrtle Beach is seeking a dynamic and experienced Finance and Insurance (F&I) Manager to join our team. As the F&I Manager, you will play a pivotal role in ensuring the smooth and efficient operation of our finance and insurance department. Holding compliance and Integrity to the highest standards, as well as producing sustainable revenue.
Responsibilities:
- Manage the finance and insurance process for vehicle purchases, ensuring compliance with all regulations and policies (Red Flags, Regulation Z, FCRA, FTC Safefuard etc.)
- Develop and maintain strong relationships with financial institutions to secure competitive financing options for customers.
- Present and explain financing and insurance products to customers, addressing questions and concerns professionally.
- Accurately complete all necessary paperwork and documentation for financing and insurance transactions.
- Early Involvement in the vehicle sales process by interacting with the customers personally, via video, phone and email.
- Follow up with customers via video, phone and email to ensure satisfaction and review products and services.
- Consistently reaching monthly product penetration and per vehicle retail average goals.
- Actively pursuing Aftersales product sales through the service lane and previous customer databases and achieving monthly goals.
Qualifications:
- Minimum 3 Years experience as a current active F&I Manager in the automotive industry with proven results.
- Strong understanding of finance and insurance processes, regulations, and best practices.
- Excellent communication skills.
- Detail-oriented with strong organizational abilities.
- Ability to work in a fast-paced and customer-focused environment.
- Proficient in CDK DMS, Dealertrack, and Darwin Platforms.
What we offer:
- Free Health Insurance Option Available
- 401k Match Options Available
- HSA company match contribution
- Dental and Vision Insurance Available
- Paid Vacations, Holiday Pay, PTO pay
- Discounts on products and services
- Family owned and operated
- Opportunity to work with the prestigious Mercedes-Benz brand and gain valuable experience in the automotive industry.
- Competitive Pay and Benefits package.
- Professional growth and development opportunities.
- Supportive and inclusive work environment.
- Join a reputable company with a commitment to delivering exceptional customer service.
About Us:
The Krause Auto Group has been in business for over 30 years, and we contribute our longevity to our focus on both customer and employee satisfaction. Our employees are not just a number. We acknowledge and support every employee regardless of position and care for everyone individually. We love to help people grow, promote from within, and celebrate individual success stories We offer great opportunities to grow with our company portfolio which consists of 12 brands (BMW, Mercedes, Ford, Lincoln, Hyundai, Genesis, Lamborghini, Aston Martin, Rolls Royce, Koenigsegg, Mclaren, and Lotus) across 4 states (Georgia, South Carolina, North Carolina, and Florida)
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.
