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Use left and right arrow keys to navigate
Estimated Pay $17 per hour
Hours Full-time, Part-time
Location Bourbonnais, Illinois

Compare Pay

Estimated Pay
We estimate that this job pays $16.68 per hour based on our data.

$13.01

$16.68

$27.03


About this job

Job Description

Job Description

We are looking to add a F&I Manager to our growing auto group!

The Finance & Insurance (F&I) Manager sells new and used car buyers financing and insurance programs. F&I 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.

Benefits 

  • Medical, Dental Insurance 
  • 401K Plan 
  • Paid time off and vacation
  • Short/Long Term Disability
  • Growth opportunities 
  • Paid Training
  • Employee vehicle purchase plans
  • Long term job security
  • Health and wellness 
  • Discounts on products and services

Job Duties

Job duties for an F&I manager include:

  • Offering vehicle financing and insurance to customers and providing them with a thorough explanation of aftermarket products and extended warranties and a complete explanation of manufacturer and dealership service procedures and policies.
  • 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 to secure approval and through the proper federal, state and corporate channels.
  • 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 that will 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.

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.

Job Type: Full-time

 

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.