Financial and Insurance Manager

Merand Recruitment; Stellenbosch; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency is seeking a proactive Financial and Insurance Manager to ensure compliance with regulations and maximize profit through vehicle finance and value-added sales. The ideal candidate will provide professional advice, manage transactions efficiently, and maintain strong relationships with financial partners. Education in finance and regulatory knowledge is essential for this role based in Stellenbosch, South Africa.

Qualifications

• Grade 12 and qualification in finance or related field required.
• Up-to-date CPD points essential.
• Understanding of NCA, FAIS, and FICA acts necessary.

Responsibilities

• Manage all aspects of finance and insurance transactions.
• Provide expert advice on finance and insurance products.
• Maintain compliance with all relevant legislation.

Skills

Analytical thinking

Decision-making

Planning & organizing

Persuading & influencing

Education

Grade 12

RE5 Regulatory Exam

Financial degree or studying toward one

Tools

Signio platform

Salesforce

Beeswax

Job description

Our client is looking for a proactive and detail-oriented Financial and Insurance Manager to ensure dealership compliance with FAIS & FIC regulations and to maximise second gross profit through vehicle finance and the sale of approved value-added products.

The ideal candidate will provide professional finance and insurance advice, manage transactions efficiently, and maintain strong relationships with financial and insurance partners.

KEY RESPONSIBILITIES :

• Manage all administrative and contractual aspects of finance and insurance transactions.
• Provide expert F&I guidance to new, existing, and prospective customers.
• Keep up to date with finance, insurance products, and relevant legislation.
• Identify individual customer financial and insurance needs and recommend appropriate products.
• Ensure accurate completion of finance and insurance application forms.
• Authorize and release approved transactions (cash and financed).
• Ensure all bank and insurance company requirements are fulfilled.
• Maintain professional relationships with banks, insurance providers, and other value-added product suppliers.
• Consult and advise customers on finance and insurance products.
• Review Natis documents for trade-ins and ensure compliance with F&I retention programs.
• Ensure compliance with NCA, FAIS, and FICA acts.
• Complete daily progress reports on second gross sales and review monthly statistics.
• Follow up on transactions and ensure prompt payment after vehicle delivery.
• Perform any additional tasks reasonably expected as part of the role

REQUIREMENTS :

• Education & Certification : Grade 12, RE5 Regulatory Exam, NCA knowledge, Class of Business understanding, financial degree or studying toward one, up-to-date CPD points
• Analytical thinking, coping with pressure, decision-making, planning & organising, persuading & influencing, following procedures
• Technical Competencies : Signio platform, risk analysis, CDK invoicing, financial acumen, DFS warranty invoicing, knowledge of NCA, FAIS, FIC, Class of Business, dealership value-added products
• Systems Knowledge : Beeswax, Salesforce, ability to quickly learn and adapt to new JLR systems
• ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED