We are seeking a highly skilled and ethical F&I Manager to join our growing dealership family. With increasing sales volume, we need a professional who excels in finance and insurance knowledge and can effectively communicate product features and benefits to customers.
**Job Responsibilities:**
* Contract new business, sell, and close deals.* Generate finance income on all sold customers.* Verify paperwork for cash, finance, or loan transactions.* Contract or collect all money at closing.* Seek bank approval on financed and leased deals.* Maintain a working knowledge of leases, "balloons," and other relevant financial products.* Promote Credit Life/Accident & Health sales.* Assist in acquiring approval from lenders.* Understand all programs and rate options offered by our lenders.* Solicit extended warranty sales (aftermarket).* Handle all cancellations for extended warranties and credit life.
**Compensation:**
Compensation is based on experience and is competitive with Fortune 500 companies. The pay range for this position is $125,000 - $300,000. Exact compensation may vary based on factors including, but not limited to, skills, experience, and education.
**Benefits:**
* Medical insurance with HSA options, including employer contribution.* Dental Insurance.* Vision Insurance.* Life Insurance.* Paid Maternity Leave.* PTO after 90 days of employment.* Vacation up to three weeks, depending on years of service.* 401k retirement account with an annual employer match.* Ancillary supplemental products available.
The Gerald family has been a proud part of the Chicago area communities since the mid-1930s, known for outstanding service and a dedicated team. Our continued growth is a testament to our combined efforts and the trust of our valued customers. We hire, train, promote, and compensate associates based on personal and professional competence and potential for advancement, without regard for race, color, religion, sex, national origin, age, marital status, disability, or citizenship, as well as other classifications protected by applicable federal, state, or local laws.