F&I (Finance & Insurance ) Manager

Company:  Leader Auto Group
Location: Chicago
Closing Date: 18/10/2024
Salary: £125 - £150 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Leader Automotive Group is a wholly owned subsidiary of AutoCanada, a publicly traded company. Leader Automotive is AutoCanada’s first footprint into the U.S. market and we currently have 10 dealerships consisting of 23 different franchises and approximately 850 employees. We have a strong presence in the Chicagoland area with 8 dealerships and 2 more located in central Illinois. We are searching for talented individuals as we begin a new and exciting legacy into the U.S. market.

We have a rare opportunity for a strong F&I candidate to join our team at North City Honda. You'll be working with the hottest franchise in the business and in a high volume store. This is your chance to make some REAL money. If you're ready to take a step up, we'd love to talk with you.

Benefits

  • Health, Dental & Vision Insurance
  • BCBS Health & Wellness Discounts/Programs
  • Life Insurance
  • 401(k)
  • Paid time off / Vacation
  • Growth / Advancement Opportunities
  • Employee Vehicle Purchase Policy
  • Above Average Industry Pay
  • Publicly traded organization / stability
  • Employee referral bonuses

Sales Benefits

  • Base + Commission Pay Structure (up to 35% Commission)
  • 15% Commission on GP of each aftermarket product sold
  • Unique/Competitive Pay Plan
  • Paid Training

Responsibilities

  • Oversee all customer loan origination/approval
  • Present products to customer while maintaining high CSI
  • Complete all transaction and purchase contract materials
  • Maintain accurate product information
  • Present all products to every customer 100% of the time
  • Provide recommendations and assistance to customers in order to arrange the financing of their purchases. Present customers with additional product offerings to enhance their vehicle and ownership experience.
  • Ensure sales are structured to produce the highest profitability.
  • Maintain proficiency and certifications as required for the position.
  • Accurately desks deals, submits deals to lenders for approval, makes credit decisions, and effectively closes deals.
  • Ensure every deal is fully aligned with local, state and federal guidelines.
  • Prepares paperwork, contracts and delivers deals.
  • Accurately audit team deals Post-Sale and deeply analyze for improvements.
  • Guarantee the expeditious funding of all contracts.

Qualifications

  • Finance experience in an Automobile Dealership
  • Reynolds and Reynolds experience preferred
  • Menu presentation and selling skills
  • Dealer Track experience a plus
  • Must be able to work a flexible schedule
  • Excellent interpersonal/communication skills
  • Strong attention to detail and eagerness to improve
  • College degree preferred or equivalent experience
  • Knowledge of dealership finance and insurance procedures
  • Proficient at structuring deals for maximum profitability
  • Well-versed in title laws and registration process
  • Professional personal appearance and extraordinary verbal/written communication skills
  • Expertise in negotiation and presentation skills
  • Valid driver’s license

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.

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