FINANCE & INSURANCE MANAGER (FORD)

Fox Ford Mazda - Grand Rapids, MI

Full-time - Mid Level

Grand Rapids, MI

101-250 employees

About the position

The Finance & Insurance Manager at Fox Motors is responsible for overseeing all financial transactions related to vehicle purchases, ensuring compliance with regulations, and enhancing customer relationships. This role focuses on generating revenue through finance and insurance programs while maintaining trust with customers and financial partners.

Responsibilities

• Sells financing and credit life, accident, and health insurance to customers.
• Provides customers with thorough explanations of aftermarket products and extended warranties.
• Converts cash deals to finance.
• Establishes and maintains good working relationships with several finance sources, including the manufacturer.
• Processes finance and lease deals accurately and fairly through financial sources to secure approval.
• Processes all federal, state, and dealer paperwork related to vehicle transactions.
• Understands and complies with federal, state, and local regulations affecting the new- and used-vehicle and finance departments.
• Completes paperwork necessary for vehicle sales and leases in a timely and efficient manner.
• Checks all paperwork for correct title, lien information, taxes, etc., before forwarding to accounting.
• Acquires and maintains current state insurance license, completing continuing credit insurance education as needed.
• Ensures collection of all finance and insurance fees.
• Works closely with the sales manager to establish sales department goals and objectives and ensures that they are achieved.

Requirements

• Two to four years related experience and/or training; or equivalent combination of education and experience.
• Ability to set and achieve targeted goals.
• Ability to drive an exceptional customer experience.
• Excellent communication and organization skills.

Benefits

• Paid Vacation, PTO, and Holidays
• $900 Monthly Demo Allowance
• Medical, Dental and Vision
• 401(k) with Employer Match
• Flex Spending
• Group Life Insurance (Company Paid)
• Short-Term and Long-Term Disability
• Supplemental Life Insurance
• Accident Insurance
• Employee Assistance Programs
• Employee Discounts
• Wellbeing Program
• Growth and Development Opportunities