Finance & Insurance Manager - Elizabeth, United States - Volvo Group

Volvo Group

Verified Company

Elizabeth, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Transport is at the core of modern society.

Imagine using your expertise to shape sustainable transport solutions for the future? If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match.

Mission/Purpose Of the Job:

The Finance & Insurance Manager acts as a liaison between customer, branch and finance company (s) to facilitate completing the sales cycle, including all required documentation and soft product selling.

This position reports to the Branch Manager.

Key Responsibilities/Accountabilities:

Review retail order with customer to confirm correct address, price etc.
The sale of "soft products" to customers.
Makes sure Retail Order and Credit Application is signed.
Finance Manager sends appropriate information to Transport Funding.
If deal is declined by Transport Funding, F&I Manager will work with Transport Funding to obtain approval.
If Transport Funding further declines, the F&I Manager will review TF turndown file and investigate outside funding from an approved lending source.
Finance Manager reviews Transport Funding requirement checklist and communicates stipulations to customer and collects needed requirements.
Negotiates finance terms and close instalment contracts with customer and forwards to Transport Funding or other finance company.
Process paperwork associated with all sales transactions including the final recap.
Ensure proper execution of title work (including lien perfections) in accordance with local rules and regulations.
Maintain a satisfactory yield on finance contracts.
Complies with Arrow Truck Sales, Customer Identity Theft and Fraud Prevention Policy "Red Flag Rules"
Manage Branch Administrative Assistants (if applicable).
Occasional travel required

Critical Competencies:

Teamwork: Building partnerships and working collaboratively with others to meet shared objectives
Customer Focus: Building strong customer relationships and delivering customercentric solutions
Attention to Detail: Monitoring adherence to standards and actively checking for accuracy of data received or generated before passing it on
Instills trust: Gaining the confidence and trust of others through honesty, integrity and authenticity
Communicates Effectively: Developing and delivering multimode communications that convey a clear understanding of the unique needs of different audiences
Manages complexity: Making sense of complex, high quantity and sometimes contradictory information to effectively save problems
Drive for Results: Consistently achieving results even under tough circumstances
Ensures Accountability: Holding self and other accountable to meet commitments.

Essential Educational and/or Training Qualifications and Certificates:

High school diploma
Prefer Bachelor's degree

Preferred Experience and Knowledge:

3 years finance experience, preferably in an F&I department.
Knowledge of finance and insurance documentation and State lien perfection and title regulations.
PC proficient with Windows and AS400 operating system.
Personal interaction skills.
Obtain Notary Public

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Who we are and what we believe in

Arrow Truck Sales, part of Volvo Group, is the leading retailer of used medium and heavy duty trucks in North America, with locations throughout the US and Canada. Since 1950, Arrow has built a solid reputation in the trucking industry by providing high-quality, pre-owned vehicles to customers who want to maximize the value of their purchasing dollars.