Finance & Insurance Coordinator

Job Purpose

• To co-ordinate sale of Finance and Insurance (F&I) products with a view to achieving finance and insurance penetration targets set and enhance the sales process on the sales floor.

Essential Roles and Responsibilities

1. Contact existing showroom customers and co-ordinate renewal of their existing insurance through ATM’s supporting panel of insurers.
2. Conduct F&I procedures in accordance with customer needs and pre agreed processes so that targets are met on a monthly basis throughout ATM.
3. Prepare quotations for the customer deals and file all the records appropriately.
4. Ensure that customers are fully informed regarding terms and conditions of each contract and are aware of any exclusions or benefits that may be relevant prior to purchase.
5. Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department.
6. Reconcile the commission payable from supporting banks against each deal and keep a financial control log on a daily basis.
7. Maintain all the documentation and ensure up to date records and reports are provided to the F&I Supervisor to communicate the individual sales person achievement for the showroom.

Skills

Job Requirements

Education/Certification and Continued Education
• Degree in any discipline or through automotive vocational route.

Years of Experience
• 1 – 2 years solid experience in finance or insurance markets in association with the motor industry within UAE market.