Find & Apply For Financial Manager Jobs in Lockport, Illinois

Automotive Finance and Insurance Manager Confidential Lockport, IL 60441 $150,000 - $300,000 a year - Full-time Apply with Indeed A highly recognized dealership in IL is looking for an experienced Finance and Insurance Manager. This is a great opportunity to earn top wages in the industry. Responsibilities Selling finance and protection products

• Meet with every retail customer, new and used, after the sale.
• Offer financing, credit life, accident and health insurance, service contracts, and other aftermarket products.
• Work with sales management to earn a fair profit on each deal, front and back.
• Answer all rate questions . Lenders and approvals
• Build and keep good relationships with several lenders, factories and others.
• Submit deals to lenders and obtain approvals.
• Keep the General Sales Manager informed of special lender programs.
• Seek new lenders as directed by the General Sales Manager Paperwork and compliance
• Check all paperwork on finance and cash deals for correct title, lien, taxes, and delivery documents.
• Verify customer insurance, collect deposits, and confirm trade payoffs.
• Keep insurance files and submit claims.
• Get and keep all licenses required to sell insurance products.
• Track F&I income and fees owed to the dealership and make sure they are collected. Reporting and forecasting
• Keep a daily F&I log and share totals with sales management.
• Prepare monthly penetration reports.
• Submit annual and monthly forecasts for F&I income and expenses and explain variances.
• Set up and meet monthly goals with sales management. Supporting the sales team
• Teach salespeople how to present financing and protection products.
• Recommend salesperson incentives within dealership policy.
• Help negotiate deals when sales managers are unavailable.
• Work with Service on warranty information and support customer follow-up in the CRM.
• Attend managers' and sales meetings.
• Perform other duties as assigned. Qualifications
• High school diploma or equivalent; degree or equal experience in finance preferred.
• Knowledge of dealership finance and insurance procedures and related laws.
• Required state insurance licensing, or ability to obtain it.
• Computer skills, including DMS and lender portals.
• Excellent communication skills.
• Professional appearance. Physical requirements
• Sit at a desk for long periods while working with customers.
• Use a computer, printer, and phone throughout the day.
• Work evenings and weekends as scheduled

Pay:

$150,000.00 - $300,000.00 per year

Benefits:

Employee assistance program Flexible spending account Health savings account Life insurance Opportunities for advancement Pet insurance Prescription drug insurance Retirement plan

Work Location:

In person