Automotive Finance & Insurance Manager - Mercedes Benz Hanover

Group1 Automotive, Inc.; Hanover (MA); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

401(k) match

Paid time off

Employee stock purchase plan

Vehicle purchase program

Career training

Job summary

Group 1 Automotive, Inc. Hanover Mercedes-Benz is seeking an Automotive Finance Manager to oversee loan origination, approvals, and relations with lenders.

This role leads the Financial Services Department and ensures accurate reporting and compliant deal finalization. The candidate will promote product options, manage a team, and drive monthly finance income targets while delivering excellent customer service and a professional, high-energy presence.

Qualifications

• Prior experience in a dealership F&I Department, automotive sales, or in the selling of financial products required.
• Proficient at operating a personal computer including Microsoft Office: E-mail, Excel and Word. ADP Dealer Services Experience a plus.
• Ability to work independently and be self-motivated.
• Great attitude with high-energy personality.
• Excellent customer service skills.
• Professional appearance and work ethic.
• Strong attention to detail.
• Ability to work well in a process driven environment.
• Outstanding communication skills in both verbal and written.
• High school diploma or equivalent.
• College degree or experience preferred.
• Valid driver license in the state that you will work and a good driving record.

Responsibilities

• Oversee dealership customer loan origination and approval process.
• Establish and maintain strong relations with our lenders.
• Recruit, hire and develop associates for the Financial Services Department.
• Maintain accurate monthly, quarterly and year-end reports.
• Determine the customer’s need for financing and explore payment options.
• Establish a positive relationship with customers as they are presented products and services.
• Present warranties, credit insurance, GAP insurance and other beneficial products offered by the dealership.
• Secure and finalize transactions in a legal and ethical manner while maintain a high level of productivity.
• Meet monthly forecast for finance and insurance income, penetration levels and customer satisfaction.
• Accurately prepare all federal, state, and dealer paperwork related to the transaction and submits to the dealership’s Accounting Department in a timely manner.
• Enhance customer satisfaction during the entire purchase experience.
• Supervise the financial services associates to ensure individual and department goals are met.
• Demonstrates behaviors consistent with the Company’s Values in all interactions with customers, co-workers and vendors.

Skills

F&I experience

Self-motivation

Customer service

Attention to detail

Communication skills

Professionalism

Process oriented

Strong work ethic

High energy

Valid driver license

Education

High school diploma or equivalent

College degree or experience preferred

Tools

MS Office

ADP Dealer Services

Job description

Overview

MERCEDES BENZ HANOVER is part of fast growing Group 1 Automotive, a leader in automotive retail and we are looking to add a qualified AUTOMOTIVE FINANCE MANAGER to our team. Group 1 is a Fortune 500 company that offers a team environment, great benefits and ongoing training and support for its associates. If you are in alignment with our values of integrity, transparency, professionalism and teamwork- now might be the time for you to accelerate your career as part of the best company in automotive retail. Apply today or refer a qualified friend.

In addition to competitive pay, we offer our associates the following benefits:

• Health, Dental, Vision, Life, and Disability insurance
• 401(k) plan with company match
• Paid Time-Off
• Employee Stock Purchase Plan
• Employee Vehicle Purchase Program
• Professional work environment, with job training and advancement opportunities

Responsibilities

• Oversee dealership customer loan origination and approval process.
• Establish and maintain strong relations with our lenders.
• Recruit, hire and develop associates for the Financial Services Department.
• Maintain accurate monthly, quarterly and year-end reports.
• Determine the customer’s need for financing and explore payment options.
• Establish a positive relationship with customers as they are presented products and services.
• Present warranties, credit insurance, GAP insurance and other beneficial products offered by the dealership.
• Secure and finalize transactions in a legal and ethical manner while maintain a high level of productivity.
• Meet monthly forecast for finance and insurance income, penetration levels and customer satisfaction.
• Accurately prepare all federal, state, and dealer paperwork related to the transaction and submits to the dealership’s Accounting Department in a timely manner.
• Enhance customer satisfaction during the entire purchase experience.
• Supervise the financial services associates to ensure individual and department goals are met.
• Demonstrates behaviors consistent with the Company’s Values in all interactions with customers, co-workers and vendors.

Qualifications

• Prior experience in a dealership F&I Department, automotive sales, or in the selling of financial products required.
• Proficient at operating a personal computer including Microsoft Office: E-mail, Excel and Word. ADP Dealer Services Experience a plus.
• Ability to work independently and be self-motivated.
• Great attitude with high-energy personality.
• Excellent customer service skills.
• Professional appearance and work ethic.
• Strong attention to detail.
• Ability to work well in a process driven environment.
• Outstanding communication skills in both verbal and written.
• High school diploma or equivalent.
• College degree or experience preferred.
• Valid driver license in the state that you will work and a good driving record.

Compensation: $200,000 to $250,000

*All applicants must pass pre-employment testing to include: background checks, MVR, and drug testing in order to qualify for employment*

Group 1 Automotive is an Equal Employment Opportunity employer.

Equal Opportunity Employer

We are an Equal Opportunity Employer and do not discriminate based on race, color, religion, sex, national origin, age, disability, or any other protected status. Employment may be contingent upon successful completion of a background check and/or drug screening.