Finance and Insurance Manager Lotus Cars and BMW Motorcycles is eager to add an Finance Manager to our progressive team. We are a family-owned dealership with a hands-on owner that is focused on growing the business and expanding our reach. Proven track record is a requirement for this position. Summary The finance and insurance manager utilizes finance, insurance and after-sale programs to generate additional revenue for the dealership. Core Responsibilities Sell financing and insurance packages to customers. Finance and insurance manager may be required to: • Explain aftermarket products and extended warranties to customers. • Nurture productive working relationships with multiple finance sources, and pursue competitive finance programs and interest rates through current and new lenders. • Convert cash transactions to finance. • Secure finance approval by accurately preparing finance/lease transactions through finance sources. • Prepare/file all government and dealer vehicle transaction reports in a timely manner. • Verify documents contain valid title, lien, and tax information prior to routing to accounting. • Receive all applications for credit. • Develop a system to yield 100% turnover to the finance and insurance department. • Manage insurance files, and pursue new insurance companies for insurance paper. • Field rate quotation questions. • Obtain current state insurance license and attend continuing credit insurance education as required to maintain license. • Explain dealership and manufacturer service policies to customers. • Regularly review financing, extended service and insurance programs with sales team. • Generate finance penetration reports, and coordinate with sales department to develop finance forecasts. • Verify insurance and finance fees are collected. • Review vehicle sale profits with sales manager. • Coordinate with customer service representative to develop strategies for maximizing customer satisfaction. • Coordinate with sales manager to develop departmental goals/objectives with achievement strategies. • Generate EOM commission reports for each member of sales team and forward to the payroll office. • Retain ample supply of all contracts and forms necessary to complete/finalize vehicle transactions. • Attend manager meetings. • Train a designated employee to perform these duties in the finance and insurance manager's absence. In addition, finance and insurance manager should: • Possess basic math skills. • Be capable of speaking with customers or employees; reading/understanding manuals, operating and maintenance instructions, and safety regulations; and writing financial/marketing reports and other correspondence. • Be professional and courteous in attitude, wardrobe and grooming. • Uphold the highest ethical standards. • Understand and comply with current and future government regulations affecting new- and used-vehicle and finance departments. • Complete other duties as assigned. Education and/or Experience Bachelor’s degree from four-year college/university, 1-2 years work-related experience/training, or an equivalent combination. Benefits • Health, dental, vision insurance • 401k match • Paid time off • Growth opportunities • Paid holidays • Close to the beach • Competitive pay • Employee discount program