Remote F&I Manager – Auto Dealership
Job Summary:
The Virtual Finance & Insurance (F&l) Manager remotely sells new and used car buyers' financing and insurance programs. Virtual F&I managers also work with automotive 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. The F&I manager performs a variety of essential duties, including, but not limited to, the following:
- Offering vehicle financing and insurance remotely 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.
- Processing financed and leased deals accurately, securing approval through financial sources, and ensuring the deals are funded by the lending institution.
- Assist customers in choosing the correct protection packages for their vehicle by presenting the menu products and their benefits
- Understanding and complying with federal, state, and local regulations that affect the new and used vehicle and finance departments.
- Understanding and complying with dealership regulations pertaining to car warranty and rate markups and reductions.
- Interact with sales team and sales managers to ensure transactions are completed accurately and to the customer’s satisfaction.
Qualifications & Abilities:
- Advanced Sales and Finance Management Experience
- F&I Menu Experience
- Microsoft Office, Dealership DMS, and menu systems
- Excellent Communication Skills
- Effective Time Management
Education & Experience:
- Bachelor's or Associate’s degree from College or University (Preferred); or
- 5-10 years of combined auto dealership / vendor experience and/or training; or
- Equivalent combination of education and experience.
- AFIP Certification (Preferred)