Automotive Finance and Insurance Manager (F&I)
Serra Ford Farmington Hills · Farmington Hills, MI · 1 wk ago
FinanceFull-time
About The Company
Serra Ford Farmington Hills is part of Serra Automotive, one of the nation's largest privately held automotive groups. Founded in 1973 with a customer-first philosophy, Serra Automotive has grown to over 60 dealerships across 8 states, representing 27 brands and employing more than 3,600 people. Our commitment to integrity, service, and employee development has made Serra a trusted name in automotive retail.
Responsibilities
- Assist customers in securing vehicle financing and protection products that enhance their ownership experience
- Structure finance transactions for maximum profitability while maintaining lender approval standards
- Present finance and insurance products professionally and effectively
- Submit credit applications and work directly with lenders to obtain approvals
- Accurately desk deals and make sound credit decisions within dealership guidelines
- Prepare all finance contracts, paperwork, and deal documentation
- Ensure compliance with all federal, state, local, and lender regulations
- Maintain proficiency with title laws, registration requirements, and funding procedures
- Deliver completed finance packages and explain contract details to customers
- Audit completed deals to ensure accuracy and compliance
- Prepare and submit funding packages to lenders in a timely manner
- Monitor contract funding and resolve any issues to ensure prompt payment
- Maintain all required certifications and training for the position
- Work closely with sales managers and sales consultants to support dealership goals
- Provide exceptional customer service throughout the financing process
Requirements
- College degree preferred or equivalent automotive finance experience
- Minimum three years of automotive sales, finance, or F&I experience preferred
- Strong knowledge of dealership finance and insurance procedures
- Understanding of lender programs, credit analysis, and funding processes
- Knowledge of title laws, registration requirements, and compliance regulations
- Excellent communication, negotiation, and presentation skills
- Strong closing abilities and customer relationship-building skills
- Professional appearance and demeanor
- Ability to work in a fast-paced, high-volume dealership environment
- Basic Microsoft Office, dealership software, and internet proficiency
- Strong organizational skills and attention to detail
- Ability to maintain confidentiality and handle sensitive financial information
- Valid driver's license with acceptable driving record
Skills / Qualifications
- Strong customer service and relationship-building skills
- Ability to present financial products confidently and professionally
- Excellent attention to detail and compliance awareness
- Effective problem-solving and decision-making abilities
- Ability to multitask and manage multiple transactions simultaneously
- Strong mathematical and analytical skills
- Self-motivated with a drive to achieve performance goals
- Team-oriented mindset with a commitment to dealership success
Benefits
- Opportunities for growth and career development
- Great compensation package with performance incentives
- Medical, Dental, Vision, 401(k), and additional benefits
- Paid Time Off
- Supportive team environment
- Family-owned and operated
- Employee discounts on vehicles and services