Finance and Insurance Manager (Automotive Industry) - Sandton

SUMMARY:
Finance and Insurance Manager (Automotive Industry) - Sandton

POSITION INFO:

• • Business Overview:
    An innovative automotive group offering a one-stop automotive solution, transforming vehicle sales in South Africa with immersive digital experiences. The company''s brands include new and used vehicles, as well as specialty models.

    Minimum Qualification:

    • Grade 12

    • Bachelor''s degree in Finance, Business Administration, or a related field (preferred)

    • FAIS accredited

    • NCA Accreditation (advantageous)

    • Relevant dealership certifications

    Experience:

    • Minimum 3 years of experience in automotive finance and insurance

    Key Skills:

    • Knowledge of financing options, credit scoring, and lending practices

    • Strong communication and negotiation skills

    • Customer engagement and interpersonal abilities

    • Detail-oriented, deadline-driven, and organized

    • Proficiency in relevant software and dealership CRM systems

    • Experience handling approximately 60 vehicle units per month

    • Transparent, honest, and able to work under pressure

    Digital Literacy:

    • Microsoft Office (Word, Excel, PowerPoint)

    • Dealership platforms (e.g. Signio)

    • CRM and accounts management tools

    Reporting To:

    • Dealer Principal

    Role Description:
    The Finance and Insurance Manager supports vehicle sales by offering finance and insurance products, conducting credit evaluations, ensuring compliance, and delivering an exceptional customer experience.

    Key Responsibilities:

    1. Financial Consultation and Sales:

       • Collaborate with sales teams to offer tailored finance options and products

       • Explain and negotiate finance terms clearly

    2. Aftermarket Product Sales:

       • Promote extended warranties, insurance, and protection plans

       • Align offerings with customer needs

    3. Customer Financial Evaluation:

       • Review credit applications and analyze reports

       • Advise customers on improving creditworthiness

    4. Compliance and Documentation:

       • Ensure all F&I processes meet legal/regulatory standards

       • Maintain accurate records and paperwork

    5. CRM Stages:

    • Manual Approval: Evaluate affordability, verify documents

    • Vals Stage: Fraud prevention and company verification

    • Delivery Stage: Identity and bank verification

    • After Sales: Payment reminders and client check-ins

    *Salary - R20,000.00 - Basic + Commission

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