Finance & Insurance Manager
2 weeks ago
**Company Overview**
Lakeridge Auto Gallery is a premier automotive dealership group dedicated to delivering an unparalleled car-buying experience. We offer a wide selection of brands for discerning customers who demand the best in craftsmanship, innovation, and prestige.
Our team of knowledgeable professionals is committed to offering personalized service, ensuring that every customer receives expert guidance tailored to their lifestyle and preferences.
**Job Summary**
- **Jaguar Land Rover Lakeridge is seeking a Finance & Insurance (F&I) Manager**_ to join one of our luxury dealerships at Lakeridge Auto Gallery. The F&I Manager will oversee financial services and insurance offerings for our clients, ensuring they receive the best possible support while enhancing their overall dealership experience.
This role ensures a seamless and professional experience by securing financing, offering protection plans, while ensuring compliance with all legal and regulatory requirements.
The F&I Manager will collaborate with sales teams to maximize revenue through financing and other services.
**Responsibilities**
- Secure competitive financing terms and interest rates from lenders
- Present and explain negotiated financing and leasing options to customers
- Guide customers through the financing process
- Address and resolve all customer concerns related to financing and insurance with prompt and effective solutions
- Collaborate with sales staff to ensure seamless integration of financial services into the sales process.
- Work closely with the sales teams to ensure a smooth handover from vehicle selection to finance and delivery
- Stay updated on industry trends and regulatory requirements to maintain compliance.
- Ensure all financial transactions comply with legal and dealership policies
- Maintain strict adherence to all laws and regulations
- Identify opportunities to improve dealership profitability through strategic financing and insurance offerings
**Requirements**:
- Proven experience in finance and insurance management within an automotive dealership or similar environment.
- At least a Bachelor's Degree in Finance, Business Administration, or a related field preferred
- Minimum of 3 years of experience in automotive financing, banking, or F&I Management, preferably in a luxury dealership (Jaguar Land Rover experience preferred)
- Strong negotiation skills with a focus on customer satisfaction.
- Excellent customer service orientation with the ability to build lasting relationships.
- Solid understanding of financial services and products related to automotive sales.
- Mathematical proficiency for accurate calculations and assessments.
- Proficiency in F&I software and dealership management systems
- Strong knowledge of lending practices, credit evaluation, and insurance processing
**Compensation & Benefits**
- Competitive salary with performance-based bonuses
- Health Insurance
- Employee vehicle benefits
Our Company is committed to being responsive to the diverse needs of its employees, customers and others, including those with disabilities, by striving to prevent and remove barriers to accessibility. The Company will provide support in its recruitment processes to applicants with disabilities, including accommodation that takes into account an applicant's accessibility needs.
**Job Types**: Full-time, Permanent
Pay: $64,000.00-$150,000.00 per year
Additional pay:
- Bonus pay
Schedule:
- 8 hour shift
- Every Weekend
**Education**:
- Bachelor's Degree (required)
**Experience**:
- Finance & Insurance Management: 3 years (required)
- F&I Software and Dealership Management Systems: 2 years (required)
- Jaguar Land Rover: 1 year (preferred)
Licence/Certification:
- OMVIC (required)
- Driver's Licence (required)
Work Location: In person
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