Finance And Insurance Manager

Bluespec Holdings; Gauteng; Sur place; ZAR 220 000 - 360 000; Plein temps

Résumé du poste

Bluespec Holdings seeks a finance and insurance professional to sell approved FI products and identify customer needs. You will ensure accurate FI applications and final releases for financed deals, while maintaining strong relationships with banks and insurers.

Responsibilities include completing applications, reviewing trade-in documents, and complying with NCA, FAIS and FICA acts. You will monitor sales progress and submit required documentation to financial institutions in a timely manner.

Responsabilités

• Sell approved finance and insurance products to customers.
• Identify individual customer financial and insurance needs.
• Offer specialized finance and insurance products to new customers at a profitable second gross profit rate.
• Ensure accurate completion of finance and insurance application form.
• Give final release of each and every approved transaction (cash and financed).
• Ensure all conditions from banks or insurers are fulfilled.
• Ensure deposits or cash have been paid.
• Ensure release note has been issued for financed deals.
• Establish and maintain relationships with banks, insurers and other providers.
• Advise customers on Finance & Insurance products available.
• Accurately complete and forward all applications to banks and insurers.
• Review all collected Natis documents for trade-ins.
• Participate in the F&I Retention program to maximize opportunities from End of Term or Early Settlements.
• Ensure dealership complies with NCA, FAIS and FICA acts.
• Update daily progress report of Second Gross Sales on DOC.
• Review basic monthly statistics of market penetration at banks and insurers.
• Compile and submit files with required documentation to financial institutions.
• Ensure all transactions are followed up and paid out promptly after delivery.

Description du poste

Key Performance area

Sell approved finance and insurance products:

• Keep up to date with all relevant finance and insurance products.
• Identify individual customer financial and insurance needs.
• Offer specialized finance and insurance products to new customers at a profitable second gross profit rate.
• Ensure accurate completion of finance and insurance application form.

Ensure final check and dealer internal delivery requirements have been adhered to:

• Give final release of each and every approved transaction (cash and financed).
• Ensure all conditions and requirements from either bank or insurance company has been fulfilled
• Ensure that all deposits or cash has been paid.
• Ensure that release note has been issued for financed deals.

Manage the relationship between the customer and the bank / insurance provider:

• Establish and maintain good professional and effective relationships with banks, insurance and other providers.
• Consult and advise customers on Finance & Insurance products available.
• Accurately and thoroughly complete and forward all applications to banks and insurance providers.
• Review all collected Natis documents for trade inns.
• Participate in the F&I Retention program to maximize opportunities that arise from End of Term or Early Settlements.

Comply to statutory requirements:

• Ensure that the dealership complies with all requirements as set out by the NCA, FAIS and FICA acts.
• To ensure that any person acting on behalf of the dealership or a representative of any other provider do so in accordance to the fit and proper requirements as set out in the acts.
• Ensure that the dealership comply to all compliance arrangements, record keeping and auditing requirements as prescribed in the acts.

Monitor finance and insurance product sales progress:

• Update daily progress report of Second Gross Sales on DOC (Daily Operating Control).
• Review basic monthly statistics of market penetration at banks and insurance providers.

Administration of finance and insurance data:

• Compile and submit files with required documentation to financial institutions.
• Ensure that all transactions are followed up and paid out as soon as possible after delivery.