Automotive Finance and Insurance Manager
4 weeks ago
The Automotive Finance and Insurance Manager at Romeoville Toyota plays a crucial role in selling new and used car buyers financing and insurance programs as well as vehicles to clients.
The manager works with financial lenders to provide fair interest rates to buyers and programs, upholding the highest ethical standards.
Key Responsibilities:
- Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties.
- Seeking new lending institutions and maintaining good working relationships to secure competitive interest rates and financing programs.
- Processing financing and leasing deals accurately and securing approval through financial sources.
- Understanding and complying with federal, state, and local regulations that affect the new and used-vehicle and finance departments.
- Creating and maintaining a program with the sales department to ensure all new sales are referred to the F&I department.
- Training and providing the sales team with information on finance and lease programs and the benefits of the dealership's financing and extended service programs.
The ideal candidate will have two years of automotive sales experience and one year in a dealership management position. They must be able to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
Requirements:
- Strong communication skills to work with customers, employees, and finance and insurance vendors.
- Ability to work extended hours, evenings, and weekends to achieve goals.
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