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Experienced Automotive Finance (F&I) Manager for Automotive Dealership
Bentonville, AR
$125k - $175k/yr
Full time
Posted 7h ago
Job Description
Superior Automotive Group is seeking an experienced and motivated Finance and Insurance (F&I) Manager to join our Bentonville dealership team. The right candidate will bring a solid understanding of automotive finance and insurance products and a proven history of guiding customers through the financial and insurance aspects of their vehicle purchases. In this role, you will help ensure a smooth and positive car buying experience while supporting profitability across our BMW, Cadillac, Mazda and Mercedes-Benz dealerships.
Responsibilities
- Deliver outstanding customer service by clearly communicating finance and insurance options, addressing questions, and guiding customers through the decision process.
- Present and explain financing and insurance products such as extended service contracts, windshield protection, wheel and tire coverage, gap insurance, and other relevant offerings.
- Overcome objections through value-driven negotiations.
- Evaluate credit applications, assess creditworthiness, and secure competitive financing options aligned with the customer's financial situation.
- Collaborate with lenders to obtain favorable loan terms and interest rates while maintaining strong partnerships.
- Accurately complete all required paperwork and documentation for financing and insurance transactions, ensuring compliance with industry regulations and dealership policies.
- Securely manage customer data, financing deals, and insurance contracts using dealership software systems.
- Stay current with industry regulations, legal requirements, and best practices related to finance and insurance operations.
- Coordinate with the sales team to ensure a seamless transition from sales agreement to the finance process and closing.
Qualifications
- Minimum of two years of experience as an F&I Manager within the automotive industry.
- Comprehensive understanding of finance and insurance products relevant to vehicles.
- Proven track record of achieving or exceeding sales targets and contributing to dealership profitability.
- Excellent communication and interpersonal skills, with the ability to explain complex financial concepts clearly.
- Strong negotiation and customer service abilities.
- Detail-oriented and organized, capable of managing multiple tasks and paperwork efficiently.
- Knowledge of industry regulations and compliance standards related to F&I transactions.
- Proficiency with dealership management software and tools including Dealertrack, Route1, Elead, Vauto and Darwin.
- A bachelor’s degree in Finance, Business Administration, or a related field is preferred.
Job Details
Job Type: Full-time
Location: On-site in Bentonville, AR 72712
Salary: $125,000.00 - $175,000.00 per year
Benefits
- 401(k)
- 401(k) matching
- Dental insurance
- Employee discount
- Health insurance
- Health savings account
- Paid time off
- Retirement plan
- Vision insurance
Experience
- Finance: 1 year (Preferred)
- Sales: 1 year (Preferred)
- Sales management: 1 year (Preferred)