Finance & Insurance Coordinator (automotive Finance & Insurance Sales)

Dubai, United Arab Emirates

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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
Functional Roles and Responsibilities

Contact existing showroom customers and co-ordinate renewal of their existing insurance through ATMs supporting panel of insurers.
Conduct F&I procedures in accordance with customer needs and pre agreed processes so that targets are met on a monthly basis throughout ATM.
Prepare quotations for the customer deals and file all the records appropriately
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
Collect all proofs required by the supporting bank and secure the credit line prior to a vehicle being released by the sales department
Reconcile the commission payable from supporting banks against each deal and keep a financial control log on a daily basis
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.

Job Requirements
Education/Certification and Continued Education

Years of Experience

1 2 years solid experience in finance or insurance markets in association with the motor industry as a whole or GCC market.

Additional Information

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