Job Description
The Hybrid Finance & Insurance (F&I) Manager sells new and used car buyers financing and insurance programs as well as vehicles to clients. The managers also work with financial lenders to give fair interest rates to buyers and programs. As with all positions within dealerships, F&I managers are expected to uphold the highest ethical standards.
Job duties for an backup F&I manager include:
In addition to F&I duties this role does encompass the sale of vehicles. Providing customers with remarkable experiences, and relationships built on trust.
Job Requirements
It is recommended that the finance and insurance manager is recommended has two years of automotive sales experience and one year in a dealership management position.
Managerial positions are required to maintain the profitability of their department while controlling expenses and maintaining customer satisfaction.
Managers are required to not only understand and keep abreast of the federal, state, and local regulations that affect their operations.
F & I personnel require strong communication skills in order to work with customers, employees and finance and insurance vendors as they represent the dealership.
People working within the automotive retail industry often have to work extended hours, evenings and weekends to achieve their goals.
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