Finance and Insurance Specialist - Great Lakes Motor Corp

Job Title: Finance & Insurance Specialist

SUMMARY

Controls the Sale: The F&I specialist’s job is to help secure each sale and ensure that every vehicle sold is delivered.

ESSENTIAL DUTIES

Essential Duties include the following. Other duties may be assigned.

• Generates additional income through the sales of credit insurance, vehicle service contracts,  GAP coverage, and maintenance plans.
• Maintains control of all paperwork until it is ready to be turned into the general office.
• Responsible for all paperwork involved with the sale of the vehicle, including obtaining customer signatures and securing payoff and insurance information.
• Converts cash deals to finance.
• Processes finance and lease deals accurately and fairly through financial sources to secure approval.
• Conducts business in an ethical and professional manner.
• Processes all federal, state, and dealer paperwork related to vehicle transaction.
• Understands and complies with federal, state, and local regulations that affect 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.
• Provides customers with complete explanation of manufacturer and dealership service procedures and policies.
• Works with sales managers to secure a reasonable profit from every sale.
• Ensures collection of all finance and insurance fees.
• Takes credit applications.
• Maintains an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals.
• Maintains a professional appearance.
• Maintains a clean and professional work environment.

MARGINAL DUTIES

Marginal Duties include the following. Other duties may be assigned.

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities

QUALIFICATIONS

A successful F&I specialist needs the product knowledge, professionalism, and empathy that customers look for today. Communication is extremely important in a business department as it contributes to team building with sales and the General Office.

Job Type: Full-time or part-time Starting Pay: $20.00 per hour

Benefits:

• 401(k) matching (full-time)
• Dental insurance (full-time)
• Employee discount
• Health insurance (full-time)
• Paid time off
• Vision insurance (full-time) 

Schedule:

• 8 to 9 hour shift
• Monday to Saturday
• Day off during the week Supplemental pay types:
• Bonus opportunities
• Buffalo, NY 14221: Reliably commute or planning to relocate before starting work (Required)

License/Certification: 

• Driver's License

 Work Location: In person