Job Purpose:
You will be responsible for helping customers secure financing and insurance options for their vehicle purchases. The F&I Executive works closely with customers to determine their financing and insurance needs and then helps them select the appropriate options. The F&I officer also works with lenders and insurance providers to negotiate rates and terms on behalf of the customer.
Job Responsibilities:
- Working with customers to determine their financing and insurance needs based on their credit history, income, and other factors.
- Explaining the different financing and insurance options available and helping customers select the options that best meet their needs.
- Securing financing for customers from lenders, negotiating rates and terms on behalf of the customer.
- Offering insurance products such as extended warranties, gap insurance, and other add-ons to customers.
- Following up on insurance claims, providing assistance as needed and advocating for their interests.
- Following up with banks and insurance companies regarding receivables and commissions, ensuring that all payments are received in a timely and accurate manner.
- Maintaining accurate records of all transactions, including financing and insurance agreements.
- Ensuring compliance with all relevant laws and regulations related to financing and insurance including but not limited to Tax Laws and Central Bank Regulations.
- Keeping up-to-date on changes in financing and insurance products and regulations to ensure the dealership is offering the most competitive and compliant options to customers.
Requirements:
- Finance Background
- Bachelor's Degree
- Must have minimum of 2 to 3 years of relevant experience in automotive sector or auto finance in banking sector
- Fluency in English is a must.
Please note only shortlisted candidates will be contacted. Thank you for your interest in joining GEELY UAE!
