Finance and Insurance Manager (Automotive Industry) - Sandton

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

Job summary

A leading automotive group in South Africa seeks a Finance and Insurance Manager to enhance vehicle sales through innovative financial solutions. The role combines customer evaluation with compliance, focusing on sales support and aftermarket products, ensuring a seamless experience for clients.

Qualifications

• Minimum 3 years of experience in automotive finance and insurance.
• Experience handling approximately 60 vehicle units per month.
• Relevant dealership certifications are required.

Responsibilities

• Support vehicle sales by offering finance and insurance products.
• Review credit applications and analyze reports.
• Ensure F&I processes meet legal and regulatory standards.

Skills

Knowledge of financing options

Strong communication skills

Customer engagement

Detail-oriented

Digital Literacy

Education

Grade 12

Bachelor's degree in Finance, Business Administration or related field

FAIS accredited

NCA Accreditation

Tools

Microsoft Office

Dealership platforms (e.g. Signio)

CRM systems

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 Qualification:
• 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:
• 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
• *Salary - R20,000.00 - Basic + Commission

Desired Skills:

• Insurance
• Finance