Finance and Insurance Manager

SUMMARY:
To manage and oversee all Finance & Insurance (F&I) functions within the dealership by structuring finance deals, ensuring regulatory compliance, and maximising profitability through the sale of value-added products, while delivering a seamless customer experience.

POSITION INFO:
Key Responsibilities:

• Structure and arrange vehicle finance deals for customers
• Present and explain finance and insurance options clearly and professionally
• Submit finance applications to banks and financial institutions
• Negotiate approvals and interest rates with financiers
• Ensure compliance with FAIS, FICA, and dealership policies
• Sell value-added products (service plans, warranties, insurance, tracking devices)
• Maintain accurate records of all financial transactions and documentation
• Ensure all contracts are correctly completed and submitted timeously
• Build and maintain strong relationships with banks and insurance providers
• Support the sales team in closing deals efficiently
• Monitor and achieve monthly targets and profitability objectives
• Handle customer queries and resolve finance-related issues

• Minimum 2–3 years’ experience as an F&I Business Manager in a dealership environment
• Valid FAIS accreditation (NCA compliant)
• RE5 certification (essential)
• Proven track record of achieving F&I targets (40-60 units per month)
• Strong knowledge of finance and insurance products in the motor industry
• Proficient in dealership management systems and MS Office
• Valid driver’s licence