Finance and Insurance Manager (Automotive Industry) - Sandton

The Legends Agency; Johannesburg; On-site; ZAR 200,000 - 300,000; Full time

Job summary

An innovative automotive group in Johannesburg is seeking a Finance and Insurance Manager to support vehicle sales. The role requires collaboration with sales teams, conducting customer financial evaluations, and ensuring compliance with regulatory standards. Candidates should have a bachelor's degree in finance or a related field and a minimum of 3 years of experience in automotive finance and insurance. This position offers a salary of R20,000.00 plus commission.

Qualifications

• Minimum 3 years of experience in automotive finance and insurance.
• FAIS accredited and NCA Accreditation is advantageous.

Responsibilities

• Collaborate with sales teams for finance options.
• Explain and negotiate finance terms clearly.
• Review credit applications and advise on creditworthiness.
• Ensure compliance with legal standards.

Skills

Knowledge of financing options

Strong communication skills

Customer engagement

Detail-oriented

Proficiency in relevant software

Education

Bachelor's degree in Finance or related field

Grade 12

Tools

Microsoft Office

CRM and accounts management tools

Dealership platforms

Job description

Business Overview

An innovative automotive group offering a one-stop automotive solution, transforming vehicle sales in South Africa with immersive digital experiences. The company's brands include new and used vehicles, as well as specialty models.

Minimum Qualifications

• Grade 12
• Bachelor's degree in Finance, Business Administration, or a related field (preferred)
• FAIS accredited
• NCA Accreditation (advantageous)
• Relevant dealership certifications

Experience

• Minimum 3 years of experience in automotive finance and insurance

Key Skills

• Knowledge of financing options, credit scoring, and lending practices
• Strong communication and negotiation skills
• Customer engagement and interpersonal abilities
• Detail-oriented, deadline-driven, and organized
• Proficiency in relevant software and dealership CRM systems
• Experience handling approximately 60 vehicle units per month
• Transparent, honest, and able to work under pressure

Digital Literacy

• Microsoft Office (Word, Excel, PowerPoint)
• Dealership platforms (e.g. Signio)
• CRM and accounts management tools

Reporting To

Reporting To : Dealer Principal

Role Description

The Finance and Insurance Manager supports vehicle sales by offering finance and insurance products, conducting credit evaluations, ensuring compliance, and delivering an exceptional customer experience.

Key Responsibilities

• Financial Consultation and Sales: Collaborate with sales teams to offer tailored finance options and products
• Explain and negotiate finance terms clearly
• Aftermarket Product Sales: Promote extended warranties, insurance, and protection plans
• Align offerings with customer needs
• Customer Financial Evaluation: Review credit applications and analyze reports
• Advise customers on improving creditworthiness
• Compliance and Documentation: Ensure all F&I processes meet legal / regulatory standards
• Maintain accurate records and paperwork
• CRM Stages:
• Manual Approval: Evaluate affordability, verify documents
• Vals Stage: Fraud prevention and company verification
• Delivery Stage: Identity and bank verification
• After Sales: Payment reminders and client check-ins

Compensation

• Salary - R20,000.00 - Basic + Commission