Automotive F&I Manager

Preston Automotive GroupHurlock, MD

$80,000 - $175,000 / year

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Overview

Schedule

Full-time

Career level

Director

Compensation

$80,000-$175,000/year

Benefits

Career Development

Job Description

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Job Type

Full-time

Description

Position Overview: The Preston Automotive Group is currently seeking a highly motivated and experienced Automotive Finance & Insurance (F&I) Manager to join our team. The selected candidate will be responsible for overseeing all aspects of the finance and insurance department, ensuring compliance with regulations, maximizing profitability, and providing exceptional customer service.

Responsibilities:

Manage all finance and insurance activities within the dealership, including but not limited to, financing, leasing, and insurance products.
Develop and maintain relationships with lending institutions and insurance companies to secure competitive financing and insurance rates for customers.
Work closely with sales personnel to structure deals that meet customers' needs and maximize dealership profitability.
Review customer credit applications and financial information to determine financing options and secure approvals.
Present finance and insurance options to customers, explain terms and conditions, and assist in selecting appropriate products and services.
Ensure compliance with all federal, state, and local regulations governing automotive finance and insurance activities.
Monitor and analyze finance and insurance performance metrics, identify areas for improvement, and implement strategies to optimize department profitability.
Handle customer inquiries, concerns, and complaints related to finance and insurance products in a professional and timely manner.
Stay updated on industry trends, regulatory changes, and best practices in automotive finance and insurance.

Requirements

Commitment to live our company's Core Values of Integrity, Teamwork, Attention to Detail, Urgency, Personal Growth and Community.
Minimum of 2-5 years of experience in automotive finance and insurance management preferred.
Proven track record of success in maximizing dealership profitability and customer satisfaction.
Strong understanding of finance and insurance products, regulations, and compliance requirements.
Excellent communication, negotiation, and interpersonal skills.
Ability to work effectively in a fast-paced, team-oriented environment.
Proficiency in dealership management systems (CDK experience a plus) and finance software applications.
Relevant certifications (e.g., AFIP, F&I Manager Certification) preferred.

Salary Description

$80,000 to $175,000 per year

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FAQs About Automotive F&I Manager Jobs at Preston Automotive Group

What is the work location for this position at Preston Automotive Group?

This job at Preston Automotive Group is located in Hurlock, MD, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Preston Automotive Group?

Candidates can expect a pay range of $80,000 and $175,000 per year.

What employment applies to this position at Preston Automotive Group?

Preston Automotive Group lists this role as a Full-time position.

What experience level is required for this role at Preston Automotive Group?

Preston Automotive Group is looking for a candidate with "Director" experience level.

What benefits are offered by Preston Automotive Group for this role?

Preston Automotive Group offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at Preston Automotive Group?

You can apply for this role at Preston Automotive Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.